Oil and gas

With decades of experience in oil and gas and abundant renewable energy resources, Scotland is the natural home for your energy project.

7 reasons to invest

in Scotland's oil and gas industry


Step 1


We've been making the most of resources in the inhospitable North Sea for over four decades.


Step 2


We're estimated to have the largest oil reserves in the European Union.


Step 3

Production value

Scotland’s production of oil and gas was valued at an estimated £17.5 billion in 2016-2017.


Step 4


By investing in Scotland your company will be at the heart of Europe's oil and gas industry. With 39% of the UK's 260,000 oil and gas workers, we've got the talented people you need.

Source: Oil & Gas UK's Workforce Report 2019



Step 5

Support and benefits

Along with competitive costs, you'll benefit from:

  • Tax incentives
  • Financial assistance to attract quality staff
  • A network of Enterprise Areas with reduced business rates

Step 6


Almost 2000 supply chain firms with the skills to support your company.


Step 7


A long history of innovation and various funding options to support innovation and R&D.


Why choose Scotland?

By supporting inward investors, we're supporting Scotland's oil and gas industry. And that’s what we’re here to do. It’s also one of the reasons why companies like FMC, Clough and iRes-Geo choose to base their international operations in Scotland.

When iRes-Geo were planning a global expansion, Scotland was the natural choice.

Our skills, experience and expertise together with our world-class training facilities and strengths in innovation made Scotland the location for iRes-Geo.

“I'd like to thank Scottish Development International for its great support in business development and in setting up this company. I look forward to continuing to work with them as we deliver our growth plans.”

Yi Huang, chairman, iRes-Geo

ION Geophysical invest in Scotland

Support and international opportunities make Scotland the right choice for global software firm, ION Geophysical.

R&D tax benefits, training, international market development and supporting diversification are just some of the reasons to join Scotland's oil and gas industry, says ION Geophysical's Chris Usher.

Energy supply chain webinars

Scotland's energy transition

Meet our energy experts to hear about opportunities in Scotland’s transition towards net zero emissions.

Hydrogen in Scotland

Find out why Scotland has one of the best ecosystems for the hydrogen economy in Europe - green hydrogen at an industrial scale for a zero-carbon future. 

Oil and gas decommissioning opportunities

Watch our video with Scottish Development International's Ewen Cameron as he shines the spotlight on Scotland's subsea expertise, our innovation assets and the emerging decommissioning opportunities Scotland offers potential investors.

And Marc Broussard, commercial director of One Diamond follows up with his company's plans to set up operations in Scotland.

Innovation, skills, connections, infrastructure

In challenging times, Scotland's oil and gas industry remains respected throughout the world, a global reputation for excellence cemented by decades of experience. Watch our video to find out more:

For over 50 years, Scotland's oil and gas industry has worked in the harsh conditions of the North Sea. This has demanded constant development of new technologies, processes and best-in-class training.

Now, as the industry matures, Scottish companies lead the way in recovery maximisation and decommissioning.

We've got the people, the resources, the expertise and the experience.

Ports across the country offer a range of infrastructure, facilities, skills and supply chain to support the oil and gas, decommissioning, subsea and renewables industries.

By investing here you'll get the chance to work with sector experts in universities that are committed to forging strong bonds with industry.

From our world-leading training facilities to innovative companies working at every stage of the supply chain, Scotland's oil and gas industry will let you make the most of your investment. And we'll be here to support your company every step of the way.

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5 reasons why Scotland is now

Scotland has access to the best talent, investment opportunities, and work life balance.

Financial and tax incentives

We help companies attract investment, research, development funding and tax incentive schemes.

Our people and skills

Access an exceptionally well educated, skilled and talented workforce.

If you have any questions or want to talk with one of our advisers, we're always ready to help.