New oil regulator 'would allow collaboration'
A new regulator for the oil industry would allow operators in the North Sea to "work much better together", the leader of a government-commissioned study into the industry has said.
Sir Ian Wood, who chaired the Wood Group from 1982 until 2012, explained that a new regulator would facilitate "the recovering of much more oil and gas".
His comments come as ministers from both the UK and Scottish governments are in north-east Scotland to set out plans for the future of the North Sea oil and gas industry.
First broadcast on BBC Radio 4's Today programme on Monday 24 February.
24 Feb 2014