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Scotland votes against independence

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Report summary

On 18 September 2014, the electorate in Scotland chose to remain part of the United Kingdom. A 'No' vote has removed an element of uncertainty for companies operating on the UKCS but major challenges such as underperformance of production and exploration remain. A fiscal review for the sector and the creation of a new regulator signal efforts from the UK government and companies to address these challenges.

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    Scotland votes against independence

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