Scotland strengthens links with Indian oil and gas sector

Scotland strengthens links with Indian oil and gas sector

Scotland’s oil and gas sector will strengthen its links with India this week as it welcomes Minister of State for Petroleum and Natural Gas, Shri Dharmendra Pradhan to Aberdeen tomorrow.

The sector will showcase its skills and expertise during the visit to maximise future growth opportunities with the world’s third largest consumer of crude oil and petroleum products.

India is one of the few countries actively exploring new oil and gas fields during the global fall in oil price and offers significant opportunities for Scotland’s oil and gas sector.

This visit forms part of a wider three day UK trip organised by the Department of International Trade and Scottish Development International. Prior to arriving in Aberdeen where he will be met by Scotland’s Minister for Business, Innovation and Energy, Paul Wheelhouse, Minister Pradhan will also visit London for two days.

Wheelhouse said: "I’d like to take this opportunity of welcoming Minister Pradhan to Scotland and wish him a successful and fruitful visit. Scotland has a long and warm relationship with India and I look forward to discussing this with Mr Pradhan.

"Scotland is home to one of the most respected and experienced oil and gas sectors across the globe - with more than 50 years in some of the toughest conditions in the world, it is recognised globally for its strengths in innovation, technology, skills and training.

"The current downturn is impacting on the sector but we are doing everything in our power to ensure it remains a key player in the long term, including our work through the Energy Jobs Taskforce. Maximising international opportunities is a key element of the taskforce’s action plan and through Scottish Development International we are working with partners in India to find the best way of supporting companies in both countries to capitalise on the considerable opportunities that the sector provides."

International sector head for oil and gas at Scottish Development International, David Rennie, said: "Scotland remains a key global oil and gas player, but if we are to continue to grow we must look to international markets to exploit our skills and experience.

"India is currently the world’s fastest growing large economy with significant oil and gas ambition. Scotland’s expertise, experience and skills makes us the perfect partner to support their ambition and this visit provides a platform for our supply chain to showcase their products and services to key decision makers, discuss current and existing opportunities in India and better understand any challenges with ease of doing business in country.

"We plan to follow up Minister Pradahan’s visit with a mission of our own to Delhi and Mumbai in December this year to support supply chain companies and education providers take forward their international ambitions in this key growing market."

 

Click below for daily business updates from your area