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North Sea at risk unless UK ends windfall tax, industry veterans warn

North Sea at risk unless UK ends windfall tax, industry veterans warn

by Offshore Reporter | Nov 23, 2025 | Offshore

UK energy leaders Sir Ian Wood and Martin Gilbert are sounding the alarm on North Sea investment, warning that the windfall tax is accelerating job losses and undermining the region’s world-class offshore talent.

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North Sea at risk unless UK ends windfall tax, industry veterans warn

Latest News

UK weighs early end to North Sea windfall tax amid talks with oil and gas producers

Guyana president to open OTC 2026 in Houston as offshore investment surges

Saipem drillship acquisition canceled as Deep Value Driller sells unit to third party

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