Premier Oil turning away from North Sea.
Aug 4th 2013, 23:00
Premier Oil, the British North Sea's oldest company outside the oil majors, is turning away from the region for future exploration opportunities, highlighting the uphill battle the British government faces in trying to revive the sector.
"The UK is a very mature province and if we are to find more oil and gas...then we need to go to other places," Premier's chief executive Simon Lockett...
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