UK North Sea industry 'could disappear within years' without fiscal reform

Offshore Energies UK calls on government to replace Energy Profits Levy from 2026 in order to spur development across the North Sea industry

Offshore Energies UK chief executive David Whitehouse.
Offshore Energies UK chief executive David Whitehouse.Photo: OEUK
Published 1 September 2025, 08:27Updated 1 September 2025, 12:21
UK North SeaOffshore Energies UKDavid Whitehousewindfall taxEnergy Profits Levy