'Things can’t get any worse' - operators see brighter future for UK North Sea deals

Following months of uncertainty and speculation, the Autumn Budget delivered an increased rate in headline tax but, crucially, maintained first year capital allowances, allowing operators to firm up strategies.

DNO chief executive Chris Spencer
DNO chief executive Chris SpencerPhoto: UPSTREAM
Published 27 January 2025, 11:48Updated 27 January 2025, 19:18
Serica EnergyCapricorn EnergyHarbour EnergyEnergeanPareto Securities