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January 28, 2010 · about 16 years ago

Tax relief for offshore gas exploration firms

Offshore gas exploration companies are to get up to £160m of tax relief for each field under the most daunting areas of British waters. Chancellor Alistair Darling announced the planned legislation to encourage more drilling to the west of Shetland.

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Offshore gas exploration companies are to get up to £160m of tax relief for each field under the most daunting areas of British waters. Chancellor Alistair Darling announced the planned legislation to encourage more drilling to the west of Shetland.

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