{"id":6900,"date":"2018-04-30T01:00:38","date_gmt":"2018-04-30T00:00:38","guid":{"rendered":"https:\/\/engineernewsnetwork.com\/blog\/?p=6900"},"modified":"2018-04-28T19:06:34","modified_gmt":"2018-04-28T18:06:34","slug":"scotlands-oil-and-gas-supply-chain-expanded-to-account-for-almost-55-of-the-industrys-total-sales-during-2016-17","status":"publish","type":"post","link":"https:\/\/www.engineernewsnetwork.com\/blog\/scotlands-oil-and-gas-supply-chain-expanded-to-account-for-almost-55-of-the-industrys-total-sales-during-2016-17\/","title":{"rendered":"Scotland\u2019s oil and gas supply chain expanded to account for almost 55% of the industry\u2019s total sales during 2016\/17"},"content":{"rendered":"<p>Scottish Enterprise\u2019s annual Survey of International Activity in the Oil and Gas Sector shows the sector delivered \u00a310.4 billion of international sales, made up of \u00a34.5 billion from direct exports and \u00a35.9 billion from sales via international subsidiaries.<\/p>\n<p>Reflecting the challenging year for the sector, the figures also reveal a 14.4% drop in total sales (domestic and international combined) for the year with the overall figure reaching just over \u00a319 billion.<\/p>\n<p><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><br \/>\n<ins class=\"adsbygoogle\"\n     style=\"display:block; text-align:center;\"\n     data-ad-layout=\"in-article\"\n     data-ad-format=\"fluid\"\n     data-ad-client=\"ca-pub-7565662001938327\"\n     data-ad-slot=\"7585079586\"><\/ins><br \/>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><br \/>\nCommenting on the results, head of oil and gas at <span class=\"highlight highlight-blue\"><a href=\"https:\/\/engineernewsnetwork.com\/blog\/72bn-of-opportunities-in-the-wave-tidal-and-offshore-wind-energy-supply-chain\/\" target=\"_blank\" rel=\"noopener\">Scottish Enterprise<\/a><\/span>, David Rennie, said: \u201cThis latest survey helps reinforce the fact that, despite the global downturn, Scotland\u2019s skills and expertise in the oil and gas industry put it in a strong position to continue winning an impressive share of the contracted global market.<\/p>\n<p>\u201cWhile the overall level of sales fell during this period which was to be expected, the rise in the international sale reinforces our position as a global hub.<\/p>\n<p>\u201cHelping companies to grow their international activity continues to be a priority for us and we are delighted that over 70 companies have joined us this year on the Scotland pavilion at OTC in Houston, one of the world\u2019s largest oil and gas shows.\u00a0 Events like these make a huge difference to companies looking to grow their international presence, helping them showcase their world-renowned skills and experience and build important new contacts.\u201d<\/p>\n<p>According to the survey, the United States, Norway and the United Arab Emirates were the top markets for international activity and looking ahead, eight out of ten businesses are optimistic about sales growth in the coming years.<\/p>\n<p>The survey, which was conducted by Aberdeen &amp; Grampian Chamber of Commerce on behalf of Scottish Enterprise, captures responses from 250 companies who are active in 111 countries worldwide and employ over 31,000 employees in Scotland.<\/p>\n<p>Commenting on the survey, Aberdeen Grampian Chamber of Commerce chief executive, Russell Borthwick, said: \u201cThe energy sector has long been a significant contributor to the Scottish economy and this survey tells us that despite a challenging few years we can be confident that it will remain so. The progress that has been made in collaboration and innovation gives real cause for cautious optimism that the UKCS will remain viable as a profitable oil and gas production basin for many years to come.<\/p>\n<p>And the growing trend towards supply chain companies moving into overseas markets gives real encouragement that the goal of \u2018anchoring the supply chain\u2019 in North-east Scotland is achievable based on the world-leading technology, knowledge and experience developed in the North Sea being highly sought after at an international level.\u201d<\/p>\n<p><strong>Key figures <\/strong><\/p>\n<p>*\u00a0 Total oil &amp; gas supply chain sales from the Scottish based companies reached \u00a319.1bn in 2016, a decrease of 14.4% from 2015 (\u00a322.4).<\/p>\n<p>*\u00a0Sales were made up \u00a38.7bn domestic sales and \u00a310.4bn international sales (made up of \u00a34.5bn direct exports and \u00a35.9bn international subsidiaries).<\/p>\n<p>*\u00a0International activity accounted for almost 55% of total Scottish supply chain sales, up from 50.8% in 2015. Sales came from 111 countries across the globe.<\/p>\n<p>*\u00a0The top markets for international activity during 2016 were United States, Norway, and the United Arab Emirates.<\/p>\n<p>*\u00a0Eight out of ten businesses are very or somewhat optimistic about the next two years<\/p>\n<p>*\u00a022% forecast growth in domestic sales<\/p>\n<p>*\u00a026% forecast growth in export sales<\/p>\n<p>*\u00a012% forecast growth in sales via international subsidiaries.<\/p>\n<p>A full copy of the Survey of International Activity in the Oil and Gas Sector is available <span class=\"highlight highlight-blue\"><a href=\"https:\/\/cdn.prgloo.com\/media\/51f2713e6429499d81fe3562c4bfc12b.pdf\" target=\"_blank\" rel=\"noopener\">HERE<\/a><\/span>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Scottish Enterprise\u2019s annual Survey of International Activity in the Oil and Gas Sector shows the sector delivered \u00a310.4 billion of international sales, made up of \u00a34.5 billion from direct exports and \u00a35.9 billion from sales via international subsidiaries. Reflecting the challenging year for the sector, the figures also reveal a 14.4% drop in total sales &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[2213,3881],"class_list":["post-6900","post","type-post","status-publish","format-standard","","category-process","tag-scottish-enterprise","tag-survey-of-international-activity-in-the-oil-and-gas-sector"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Scotland\u2019s oil and gas supply chain expanded to account for almost 55% of the industry\u2019s total sales during 2016\/17 - Engineer News Network<\/title>\n<meta name=\"description\" content=\"Scottish Enterprise\u2019s annual Survey of International Activity in the Oil and Gas Sector shows the sector delivered \u00a310.4 billion of international sales, made up of \u00a34.5 billion from direct exports and \u00a35.9 billion from sales via international subsidiaries\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.engineernewsnetwork.com\/blog\/scotlands-oil-and-gas-supply-chain-expanded-to-account-for-almost-55-of-the-industrys-total-sales-during-2016-17\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Scotland\u2019s oil and gas supply chain expanded to account for almost 55% of the industry\u2019s total sales during 2016\/17 - Engineer News Network\" \/>\n<meta property=\"og:description\" content=\"Scottish Enterprise\u2019s annual Survey of International Activity in the Oil and Gas Sector shows the sector delivered \u00a310.4 billion of international sales, made up of \u00a34.5 billion from direct exports and \u00a35.9 billion from sales via international subsidiaries\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.engineernewsnetwork.com\/blog\/scotlands-oil-and-gas-supply-chain-expanded-to-account-for-almost-55-of-the-industrys-total-sales-during-2016-17\/\" \/>\n<meta property=\"og:site_name\" content=\"Engineer News Network\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-30T00:00:38+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.engineernewsnetwork.com\/blog\/scotlands-oil-and-gas-supply-chain-expanded-to-account-for-almost-55-of-the-industrys-total-sales-during-2016-17\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.engineernewsnetwork.com\/blog\/scotlands-oil-and-gas-supply-chain-expanded-to-account-for-almost-55-of-the-industrys-total-sales-during-2016-17\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/www.engineernewsnetwork.com\/blog\/#\/schema\/person\/4477342aea8e299c6a21761e513ea8e1\"},\"headline\":\"Scotland\u2019s oil and gas supply chain expanded to account for almost 55% of the industry\u2019s total sales during 2016\/17\",\"datePublished\":\"2018-04-30T00:00:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.engineernewsnetwork.com\/blog\/scotlands-oil-and-gas-supply-chain-expanded-to-account-for-almost-55-of-the-industrys-total-sales-during-2016-17\/\"},\"wordCount\":579,\"keywords\":[\"Scottish Enterprise\",\"Survey of International Activity in the Oil and Gas Sector\"],\"articleSection\":[\"Process\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.engineernewsnetwork.com\/blog\/scotlands-oil-and-gas-supply-chain-expanded-to-account-for-almost-55-of-the-industrys-total-sales-during-2016-17\/\",\"url\":\"https:\/\/www.engineernewsnetwork.com\/blog\/scotlands-oil-and-gas-supply-chain-expanded-to-account-for-almost-55-of-the-industrys-total-sales-during-2016-17\/\",\"name\":\"Scotland\u2019s oil and gas supply chain expanded to account for almost 55% of the industry\u2019s total sales during 2016\/17 - Engineer News Network\",\"isPartOf\":{\"@id\":\"https:\/\/www.engineernewsnetwork.com\/blog\/#website\"},\"datePublished\":\"2018-04-30T00:00:38+00:00\",\"author\":{\"@id\":\"https:\/\/www.engineernewsnetwork.com\/blog\/#\/schema\/person\/4477342aea8e299c6a21761e513ea8e1\"},\"description\":\"Scottish Enterprise\u2019s annual Survey of International Activity in the Oil and Gas Sector shows the sector delivered \u00a310.4 billion of international sales, made up of \u00a34.5 billion from direct exports and \u00a35.9 billion from sales via international subsidiaries\",\"breadcrumb\":{\"@id\":\"https:\/\/www.engineernewsnetwork.com\/blog\/scotlands-oil-and-gas-supply-chain-expanded-to-account-for-almost-55-of-the-industrys-total-sales-during-2016-17\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.engineernewsnetwork.com\/blog\/scotlands-oil-and-gas-supply-chain-expanded-to-account-for-almost-55-of-the-industrys-total-sales-during-2016-17\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.engineernewsnetwork.com\/blog\/scotlands-oil-and-gas-supply-chain-expanded-to-account-for-almost-55-of-the-industrys-total-sales-during-2016-17\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.engineernewsnetwork.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Scotland\u2019s oil and gas supply chain expanded to account for almost 55% of the industry\u2019s total sales during 2016\/17\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.engineernewsnetwork.com\/blog\/#website\",\"url\":\"https:\/\/www.engineernewsnetwork.com\/blog\/\",\"name\":\"Engineer News Network\",\"description\":\"The ultimate online news and information resource for today's engineer\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.engineernewsnetwork.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.engineernewsnetwork.com\/blog\/#\/schema\/person\/4477342aea8e299c6a21761e513ea8e1\",\"name\":\"admin\",\"url\":\"https:\/\/www.engineernewsnetwork.com\/blog\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Scotland\u2019s oil and gas supply chain expanded to account for almost 55% of the industry\u2019s total sales during 2016\/17 - Engineer News Network","description":"Scottish Enterprise\u2019s annual Survey of International Activity in the Oil and Gas Sector shows the sector delivered \u00a310.4 billion of international sales, made up of \u00a34.5 billion from direct exports and \u00a35.9 billion from sales via international subsidiaries","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.engineernewsnetwork.com\/blog\/scotlands-oil-and-gas-supply-chain-expanded-to-account-for-almost-55-of-the-industrys-total-sales-during-2016-17\/","og_locale":"en_GB","og_type":"article","og_title":"Scotland\u2019s oil and gas supply chain expanded to account for almost 55% of the industry\u2019s total sales during 2016\/17 - Engineer News Network","og_description":"Scottish Enterprise\u2019s annual Survey of International Activity in the Oil and Gas Sector shows the sector delivered \u00a310.4 billion of international sales, made up of \u00a34.5 billion from direct exports and \u00a35.9 billion from sales via international subsidiaries","og_url":"https:\/\/www.engineernewsnetwork.com\/blog\/scotlands-oil-and-gas-supply-chain-expanded-to-account-for-almost-55-of-the-industrys-total-sales-during-2016-17\/","og_site_name":"Engineer News Network","article_published_time":"2018-04-30T00:00:38+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Estimated reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.engineernewsnetwork.com\/blog\/scotlands-oil-and-gas-supply-chain-expanded-to-account-for-almost-55-of-the-industrys-total-sales-during-2016-17\/#article","isPartOf":{"@id":"https:\/\/www.engineernewsnetwork.com\/blog\/scotlands-oil-and-gas-supply-chain-expanded-to-account-for-almost-55-of-the-industrys-total-sales-during-2016-17\/"},"author":{"name":"admin","@id":"https:\/\/www.engineernewsnetwork.com\/blog\/#\/schema\/person\/4477342aea8e299c6a21761e513ea8e1"},"headline":"Scotland\u2019s oil and gas supply chain expanded to account for almost 55% of the industry\u2019s total sales during 2016\/17","datePublished":"2018-04-30T00:00:38+00:00","mainEntityOfPage":{"@id":"https:\/\/www.engineernewsnetwork.com\/blog\/scotlands-oil-and-gas-supply-chain-expanded-to-account-for-almost-55-of-the-industrys-total-sales-during-2016-17\/"},"wordCount":579,"keywords":["Scottish Enterprise","Survey of International Activity in the Oil and Gas Sector"],"articleSection":["Process"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/www.engineernewsnetwork.com\/blog\/scotlands-oil-and-gas-supply-chain-expanded-to-account-for-almost-55-of-the-industrys-total-sales-during-2016-17\/","url":"https:\/\/www.engineernewsnetwork.com\/blog\/scotlands-oil-and-gas-supply-chain-expanded-to-account-for-almost-55-of-the-industrys-total-sales-during-2016-17\/","name":"Scotland\u2019s oil and gas supply chain expanded to account for almost 55% of the industry\u2019s total sales during 2016\/17 - Engineer News Network","isPartOf":{"@id":"https:\/\/www.engineernewsnetwork.com\/blog\/#website"},"datePublished":"2018-04-30T00:00:38+00:00","author":{"@id":"https:\/\/www.engineernewsnetwork.com\/blog\/#\/schema\/person\/4477342aea8e299c6a21761e513ea8e1"},"description":"Scottish Enterprise\u2019s annual Survey of International Activity in the Oil and Gas Sector shows the sector delivered \u00a310.4 billion of international sales, made up of \u00a34.5 billion from direct exports and \u00a35.9 billion from sales via international subsidiaries","breadcrumb":{"@id":"https:\/\/www.engineernewsnetwork.com\/blog\/scotlands-oil-and-gas-supply-chain-expanded-to-account-for-almost-55-of-the-industrys-total-sales-during-2016-17\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.engineernewsnetwork.com\/blog\/scotlands-oil-and-gas-supply-chain-expanded-to-account-for-almost-55-of-the-industrys-total-sales-during-2016-17\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.engineernewsnetwork.com\/blog\/scotlands-oil-and-gas-supply-chain-expanded-to-account-for-almost-55-of-the-industrys-total-sales-during-2016-17\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.engineernewsnetwork.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Scotland\u2019s oil and gas supply chain expanded to account for almost 55% of the industry\u2019s total sales during 2016\/17"}]},{"@type":"WebSite","@id":"https:\/\/www.engineernewsnetwork.com\/blog\/#website","url":"https:\/\/www.engineernewsnetwork.com\/blog\/","name":"Engineer News Network","description":"The ultimate online news and information resource for today's engineer","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.engineernewsnetwork.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/www.engineernewsnetwork.com\/blog\/#\/schema\/person\/4477342aea8e299c6a21761e513ea8e1","name":"admin","url":"https:\/\/www.engineernewsnetwork.com\/blog\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/posts\/6900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/comments?post=6900"}],"version-history":[{"count":2,"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/posts\/6900\/revisions"}],"predecessor-version":[{"id":6913,"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/posts\/6900\/revisions\/6913"}],"wp:attachment":[{"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/media?parent=6900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/categories?post=6900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/tags?post=6900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}