Government News


North Sea rig tax disappoints

Mar 20, 2014

A new tax break for high-pressure, high-temperature fields in the UK North Sea has been overshadowed by a move by the UK Government to change to taxes on drilling rigs. The move, relating to bare-boat chartering, “perplexed” industry…

Exploration key to North Sea

Feb 24, 2014

How to increase exploration drilling rates on the UK Continental Shelf forms the largest section in today’s Wood Review report (see http://www.oedigital.com/component/k2/item/5082-all-eyes-on-north-sea-oil for more).  Better seismic, data sharing…

Ocean thermal energy considered in Caribbean

Feb 10, 2014

While the Caribbean may not be rich in traditional petroleum energy resources, the evolution of renewable energy has revealed that the region possesses an abundance of another valuable source – water. Minister in the Prime Minister’s Office with responsibility for Energy…

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