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Westwood Insight – UK fiscal regime to amplify North Sea rig exodus | Hellenic Shipping News Worldwide

Westwood Insight – UK fiscal regime to amplify North Sea rig exodus | Hellenic Shipping News Worldwide
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Westwood Insight – UK fiscal regime to amplify North Sea rig exodus

Since the UK Government announced a further 10% hike to the UK Energy Profits Levy (EPL) – also known as the windfall tax – which took the headline tax rate for UK oil and gas producers to 75% and delayed the closing date until 2028, there has been a steady stream of announcements from North Sea operators regarding their forward drilling plans (or lack thereof) in the region.

Westwood: UK s windfall tax puts oil & gas investments at risk, with domino effect on North Sea rig demand

David Bunch – Royal Dutch Shell Plc com

David Bunch – Royal Dutch Shell Plc com
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Cutting oil and gas production is not healthy, says new Shell boss

Cutting oil and gas production is not healthy, says new Shell boss
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