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ref date:18 Sep 1997 (ECON)
US companies set to exploit more Scottish oil

Kerr-McGee, a US oil company is to use new technology to exploit reserves off of Aberdeen using a new semi-submersible rig.

Amoco, another US oil company is also set to invest heavily in more Scottish North Sea drilling.

What is really irritating and here London must think the Scots are stupid , is that London says the oil companies would flee if Scotland became independent.

What nonsense.

Lets hope the Scottish parliament encourages more exploration and states very clearly that an Independent Scotland would not rip off the oil producers as London has done for 20 years or more.

The Treasury in London should have NO say or claim over this oil or gas.