Field Development

Oil project killed off as UK tax and rising costs make it commercially unviable

Parkmead to recognise a $42.2 million impairment on proposed Greater Perth offshore development

Perth partner: the Claymore complex is in the same area in the North Sea.
Perth partner: the Claymore complex is in the same area in the North Sea.Photo: REPSOL SINOPEC RESOURCES UK
Oslo
Published 20 June 2023, 04:01Updated 2 January 2024, 13:13
UKParkmead GroupEuropeWestern Europe