Western Europe

Regional trend analysis, forecasts and market intelligence for the Oil & Gas industry

Latest Western Europe Analysis

Industry Trend Analysis - Quick View: Budget Boost For Late-Life Asset Transfers - FEB 2018

Following the UK's Budget, oil and gas companies are set to benefit from new legislation allowing for the transfer of tax histories of fields in the North Sea. Previously, potential buyers were dissuaded from purchasing these assets because the purchasing companies did not have a history of profits from the field from which they could claim tax relief.