FT News in Focus

Britain dismantles its oil industry


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Britain's North Sea oil infrastructure is being dismantled, rig by rig, after falling oil prices made the industry unprofitable. Many in the north of Scotland hope decommissioning can provide a lifeline for a local economy. Matthew Vincent asks FT oil correspondent Kiran Stacey and Lex writer Alan Livesy who will foot the bill.

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FT News in FocusBy Financial Times