© PRESS AND JOURNAL

Politicians and industry lobbyists are calling for the UK Government to help save hundreds, if not thousands, of threatened North Sea jobs by urgently tackling a “cashflow conundrum”.
They are appealing to Westminster to pay out tax reliefs early so that oil companies can afford to carry out offshore well decommissioning campaigns next year.
Oil and gas companies can claim back some of the taxes they previously paid to help cover decommissioning costs.
Continue Reading
You have hit your limit of free content, log in or register to continue
Subscribe
Already a member? Click here to login

More from Energy Voice
Latest Posts
-
Aberdeen Science Centre announces reopening date
-
Oil giant BP pays tribute to ‘champion of British engineering’ Prince Philip
-
Multi-billion dollar Uganda oil project FID tipped for Sunday
-
Giant foundation kicks off ‘final campaign’ for world’s largest floating wind farm off Aberdeen
-
ANPG seeks IOR advice under new tender
-
TPAO spuds exploration well in Black Sea