UK North Sea Energy Review – July 2022
UK North Sea Energy Review – July 2022
Reactions to the UK windfall tax on oil and gas operators, company updates, and new field developments were the highlights in the UK North Sea oil and gas industry in June.
The Energy Profits Levy, commonly known as the windfall tax on oil and gas companies’ profits, continued to be a much debated issue in the industry, after the UK government announced at the end of May a new 25% surcharge on the extraordinary profits the...