North Sea tax receipts now top £22m per day according to new research

North Sea offshore operators and licensees have been paying an average of £22.1million in tax per day since the start of the year, even before the so-called windfall tax comes into force, new figures have shown.

The UK Government is now being urged to do more to support families, businesses and the energy transition and use this “double windfall” to support consumers and businesses  – as well as incentivise investment in the low carbon technologies which will help Scotland and the UK reach net zero targets.