North Sea

As upstream companies active within the Norwegian Continental Shelf prepare to submit their tax returns to Norway’s Petroleum Tax Office, Mariann Mitchell, senior tax manager at KPMG, Aberdeen, looks at some of the key challenges and opportunities that companies may encounter when engaging in this market.

Siccar Point Energy has signed an agreement with its existing syndicate of banks to increase and extend its existing Reserves Based Lending Facility (“RBL”).

The past, present and future of the subsea industry will be examined and discussed at an event in Woking next month.

Created to stimulate the North Sea oil and gas sector that was struggling with falling production, high costs and the impending burden of decommissioning, the UK Oil and Gas Authority has become the de facto standard for a modern regulator