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Is the North East the Best place to find Business Opportunities in the UK

Posted on April 8, 2008 - Filed Under Business | Leave a Comment

Surging oil prices and the fierce global demand for energy is helping fuel a new North East oil boom which is expected to create many jobs and bring millions into the North East regional economy.

The cost of oil has trebled in recent years and is currently being traded at about 100 US Dollars a barrel and with oil organisations pouring cash into exploring new reserves, the expertise of North East companies in sub-sea exploration is aiding the region develop a reputation as a world leader in Energy.

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