Exploring Opportunities: Scotland’s Oil and Gas Industry in Libya
RIG Elements is a leading technology provider to the traditional and new energies industry; delivering fully integrated projects, products, and services. As a leading technology provider, we offer fully integrated projects, products, and services that are designed to meet the ever-evolving needs of the energy sector.
The Decline of the Scottish Oil and Gas Industry
The oil and gas exploration industry in Scotland is experiencing an endemic decline. Despite being the center of a booming economy in the 1960s and 70s, changes in political attitudes towards fossil fuels have led to a sharp and steady decline in investment, exploration, and training.
A Skilled Workforce Facing an Uncertain Future
The expertise and knowledge which has been built up over the decades tie together academic institutions with private-sector opportunities and have seen the development of a highly trained and skilled workforce, which is now faced with disappointment and an uncertain future.
Our Vision: Meeting Global Demand with Emerging Opportunities in Libya
Despite the decline in Scotland, the world still demands oil, gas, and related products. Fortunately, other parts of the world, like Libya, have a demand for personnel, machinery, and infrastructure. The UN-backed government in Libya is seeking to develop and maximize the opportunities the country possesses. With oil being harvested in the country since 1955 and holding the largest oil reserves in Africa, Libyan oil is highly prized due to the low sulfur content, known as “sweet crude,” added to the proximity to European markets.
Our Purpose: Developing Opportunities with Rig Construction
Rig Construction is committed to bringing together the best from each country in this exciting time. With a focus on developing opportunities in Libya, they are dedicated to leveraging the assets and expertise of Scotland and Libya to maximize the benefits of this beneficial marriage of opportunity.
R I G Construction Elements Ltd
Park Lane House
47 Broad Street
Glasgow G40 2QW
Tel: 0141 550 8177
Fax: 0141 550 4166