Windfall tax has ‘severely dampened’ investment in UK North Sea, says oil and gas operator Ithaca

Developer behind Rosebank and Cambo says it has deferred and cancelled projects due to the temporary tax regime

Deferrals: Ithaca Energy executive chairman Gilad Myerson.
Deferrals: Ithaca Energy executive chairman Gilad Myerson.Photo: ITHACA ENERGY
Published 23 August 2023, 06:58Updated 25 August 2023, 10:18