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Tycoon Get ready for a life after oil.

The North Sea oil industry is winding down and politicians and workers must start planning for the future straight away, Sir Ian Wood has warned.

In a stark warning, the industry expert and founder of the Wood Group yesterday said generations of workers in Aberdeen had taken oil "for granted".

Wood, 72, added: "We have this notion that in some undefined time, say 30 or 40 years, oil will begin to wind down.

"The fact is that it will begin to wind down in the next 10 years. The fact is, it is winding down now, actually, but very slowly.

"So you need to start taking that on board. But it needs a plan, it needs some resources."

Wood, who conducted a review of offshore oil and gas recovery for the UK Government, said Aberdeen must "stop looking backwards, look forwards, look at the challenges we have and how we are going to deal with them".

He praised the SNP as an able Scottish Government and urged them to put independence aside and make the Smith Commission legislation work. He said he hoped "that the SNP government will say, 'Well, now we've got significant additional powers, let's go ahead and solve a lot of Scotland's problems and let's make Scotland a better place to live in'."

He added: "And let's put that divisive referendum away on a back burner for a long, long period of time."



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Title Annotation:Sport
Publication:Sunday Mail (Glasgow, Scotland)
Geographic Code:4EUUK
Date:Jan 25, 2015
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