Today's discussions with Union representatives were open and constructive. Oil & Gas UK talked about how best the industry could work with the Unions to protect the long term future of the North Sea and the steps that need to be taken to help it weather the current difficult business climate.

Oonagh Werngren, Oil & Gas UK's operations director, said: "Oil & Gas UK listened to the Unions' concerns in light of rising costs and declining production, exacerbated by the fall in oil prices.

"The industry is working hard with Government on fiscal and regulatory reform to help safeguard the long term future of our industry. Oil & Gas UK and the Unions have today agreed to join together in calling for this much needed reform.

"We also agreed to meet the Unions again as soon as possible for further discussion."

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