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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

Semco Maritime wins North Sea control, safety systems contract across eight assets

Velesto wins three IADC SEAC safety awards, maintains incident-free offshore record

Early Symra startup boosts North Sea production for Aker BP, partners

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