Sir Ian Wood: UK unlikely to take more than 20% of ‘early’ ScotWind fabrication work

Sir Ian Wood: UK unlikely to take more than 20% of ‘early’ ScotWind fabrication work

Sir Ian Wood has said it is unlikely that the UK supply chain will take more than 20% of the major fabrication work in the early wave of ScotWind contracts.

Speaking at the Energy Exports Conference in Aberdeen, the former oil tycoon was asked about the chances of UK suppliers winning the swathe of offshore wind work ahead, or lose out to international firms due to publicly tendered work and capacity constraints.

In reply, he said the north-east of Scotland has “taken a bit of time” to shift from oil and gas and get significantly involved in the new offshore wind industry.