Taqa takes £339million write-down on value of North Sea assets
Taqa has taken a £339million write-down in the value of its North Sea assets as a result of Covid-19 and the oil downturn.
Taqa has taken a £339million write-down in the value of its North Sea assets as a result of Covid-19 and the oil downturn.
Taqa has the largest UK decommissioning bill of any North Sea operator this decade, according to Wood Mackenzie.
Oil and gas firm Taqa has handed in decommissioning plans for two of its northern North Sea platforms to the UK Government.