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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

ADNOC approves $6.2-billion FID for Umm Shaif Gas Cap development offshore UAE

North Sea industry leaders to co-chair SPE Offshore Europe 2027

EnQuest extends CB&I contract for Kittiwake decommissioning

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