THE North Sea is one of the best places in the world for oil and gas companies to achieve growth according to analysts who highlighted predictions that the recent boom in activity in the area will be maintained for years.

Experts at Seymour Pierce include the North Sea as one of the three "key regions" in which they expect oil and gas firms to generate what they call significant positive momentum in 2012.

The brokerage assesses the prospects for the North Sea alongside Kurdistan and East Africa, both of which are attracting considerable interest from oil and gas firms as they hunt for the projects that will drive growth in future.

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