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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

BW Energy targets 100,000 bopd with Gabon and Brazil projects

Aquaterra fabrication milestone supports UK offshore CCS development

Vår Energi extends CoreIntegrity deployment on Goliat FPSO

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