Labour are all over the shop.....
On the one hand they want to tax the majors who make billions in profits everywhere but in UK waters, but instead, end up crashing the independents who actually operate in the North Sea and who make up 95% of revenue and 95% the employees.
Labour HAS to sort this mixed message out it if it wants to generate ANY tax revenue from the industry in 4 years time, let alone energy security.
https://www.linkedin.com/posts/ener...k-northsea-activity-7199439890973876224-SMdp?
Ann: Outstanding Success in 33rd Licensing Round - Ten Blocks Won, page-90
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