‘Burdensome’ windfall tax sees Apache ditch UK North Sea drilling

Operator confirms reports of drilling being suspended and staff losing jobs as company follows though on threat to withdraw investment from sector

Asset: Apache’s Beryl A platform in the UK North Sea.
Asset: Apache’s Beryl A platform in the UK North Sea.Photo: APACHE
Published 12 June 2023, 13:08Updated 13 June 2023, 14:34