(From Lloyds List)
Byline: Analysts are growing in confidence that Britain will keep pumping out similar or better levels than today until the end of the decade, writes Martyn Wingrove
WITH more new oilfield developments on the UK Continental Shelf, the British government is becoming more confident that production levels will rise in 2007.
The Department of Trade and Industry has just published its production predictions for oil, natural gas liquids and net gas production with an upbeat forecast on output to 2009.
Based on field-by-field data provided by North Sea operators, the department predicts that oil production will rise in 2007 and …