Northsound Energy Week Northsound

We look back at the big stories from across the four days of Offshore Europe 2015 in our special #OE15 podcast.

We look back at a busy day at Offshore Europe. All the big stories and latest news from a day of conflicting opinions on the North Sea.

The group president of AMEC Foster Wheeler and leader of the new Efficiency Task force set up by Oil and Gas UK, comments on the shape of the oil industry going forward.

Today included two new announcements by Aberdeen's Universities.



RGU announced the signing of a Memorandum of Understanding with the Mexican Government - which allows a bigger and better oil and gas collaboration between the two.
Aberdeen University also had an announcement, they are creating a brand new masters course to drive innovation.



But the biggest talk of the day was new figures released by Oil and Gas UK, which revealed that 65 thousand jobs have been cut in the last year, due to the downturn.
It was a shocking figure, but not unexpected for many.



But Oil and Gas UK were keen to remain positive, saying that operating costs will be down by almost a quarter by the end of 2016.

Robert Gordon University has signed a memorandum of understanding with the Mexican government which will see collaboration in areas concerning oil and gas.



Professor Paul De Leeuw told Northsound about the benefits of the agreement for the North East and Mexico.

Economic Director for Oil & Gas UK, Mike Tholen, discusses their report which suggests that North Sea operating costs could fall by up to £2.1 billion by 2016.