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  Scotland’s third hybrid ferry will be built at Ferguson Marine Engineering Ltd (FMEL) on the River Clyde, Deputy First Minister Nicola Sturgeon announced today.
 
The £12.3 million contract is the first major deal for the company since it was taken over by Clyde Blowers Capital earlier this month.

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  On the day that people across Scotland head to the polls to decide the country's future, a new report finds that an independent Scotland could establish an oil fund that will "never run out".
 
The report - from leading North Sea employment firm oilandgaspeople.com - finds the oil fund could reach £147bn within 25 years of a Yes vote.

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  By a Newsnet reporter
 
Some of the terrifying forecasts of the impact of a Yes vote have been exaggerated a leading finacial giant has said.
 
German firm Commerzbank has dismissed suggestions that Scottish independence could lead to another 'Great Depresison' or be 'cataclysmic'.

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  By Martin Kelly
 
New oil discoveries in the North Sea will ensure the industry thrives for decades, according to one the industry's most respected experts.
 
In a new academic paper published today, Professor Alex Kemp has predicted over 150 new oil fields will be discovered that will take the industry well beyond 2050.

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  By Martin Kelly
 
A newly published report has concluded that the amount of oil and gas waiting to be recovered from Scottish waters could be double that of current estimates.
 
The report, from business organisation N-56, has revealed that if unconventional reserves are included in current estimates it could result in billions more barrels of oil and gas being recovered.

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  By Martin Kelly
 
Oil production in the North Sea "can confidently be expected to remain viable beyond 2050" one of the industry’s most respected academics has said.
 
Professor Alex Kemp has said advances in technology coupled with government incentives would see production continue as previously uneconomic fields become commercially viable.

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  By a Newsnet reporter
 
One of Scotland's most respected economists has responded to comments made by Sir Ian Wood after the retired tycoon criticised the Scottish Government's estimate over the amount of North Sea oil still to be extracted from Scottish waters.
 
Sir Donald MacKay has publicly backed Scottish Government estimates on the economy and North Sea oil and said forecasts criticised by Sir Ian were backed by the oil and gas industry.

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