Scottish Oil Industry Needs Significant Reforms: Webb

The transcript discusses the outcomes of a recent referendum, highlighting the democratic process and the need for unity moving forward. It explores investment opportunities and challenges in the North Sea, emphasizing the need for regulatory and fiscal reforms. The impact of devolution on the oil industry is analyzed, with a focus on the future of the Scottish economy and the importance of the supply chain. The role of education and infrastructure in supporting industry growth is also highlighted, with a call for collaboration between the Scottish and UK governments.

In what ways does the speaker suggest the oil and gas industry will change in a generation's time?

What are the priorities mentioned for the future of the oil and gas industry in Scotland?