North Sea Oil & Gas Investments Cut After New Windfall Tax

GALWAY, IRELAND--December 14, 2022--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--There has been a backlash from major oil and gas companies to the U.K.'s increase in the windfall tax that threatens future investment in North Sea projects.

Within this article: Details investment cuts by oil and gas firm in the North Sea after hike in windfall tax, tax implications, industry reaction