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› People › Offshore Energies UK
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Offshore Energies UK
2
source-backed facts
1 publication
Business
business · New Dispatch
Offshore Energies UK stated that replacing the windfall tax, under which operators pay 78% of profits, would unlock billions in investment and boost tax receipts by more than £13 billion while supporting thousands of jobs.
“Offshore Energies UK has argued for the windfall tax, which sees operators pay a headline figure of 78 per cent of profits, to be replaced as soon as possible. This would unlock billions in investmen…”
78 %
more than 13000000000 GBP
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business · New Dispatch
Offshore Energies UK said the ban on new North Sea exploration licences leaves the UK trailing behind Norway instead of partnering with it to underpin European energy security.
“The ban, it says, “leaves the UK trailing behind Norway instead of partnering with it to underpin European energy security”.”
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