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UK oil and gas strategies
- CMS Cameron McKenna
- -
- United Kingdom
- -
- April 8 2013
On 28 March 2013 the Government published its 'UK Oil & Gas Business and Government Action' plan on the likeliness of the Scottish Oil & Gas Strategy
Decommissioning tax relief Government commits to Decommissioning Relief Deeds
- CMS Cameron McKenna
- -
- United Kingdom
- -
- March 21 2013
In his budget yesterday the Chancellor finally committed to the introduction of Decommissioning Relief Deeds ("Deeds") which will give the oil and
Political agreement reached on EU proposal for offshore safety
- CMS Cameron McKenna
- -
- European Union, United Kingdom
- -
- February 25 2013
On 21 February 2013 the European Parliament and the Council (representing EU governments) reached a political agreement on the European Commission's
New requirements to demonstrate financial responsibility for E & A Wells
- CMS Cameron McKenna
- -
- United Kingdom
- -
- December 18 2012
Last week DECC has issued new guidance (the “DECC Guidance”) on its requirements for those wishing to drill exploration and appraisal wells in the UKCS to show financial responsibility before consent for such wells will be granted
Decommissioning tax relief another step forward
- CMS Cameron McKenna
- -
- United Kingdom
- -
- December 12 2012
Yesterday the Government took another step towards meeting its commitment in Budget 2012 that it would respond to industry’s concerns regarding the lack of certainty over future tax relief on the costs of decommissioning assets in the UKCS
Announcement of brown field allowance
- CMS Cameron McKenna
- -
- United Kingdom
- -
- September 10 2012
Following on from announcements in the Budget in March in relation to oil and gas taxation, the Chancellor of the Exchequer announced on Friday a new tax allowance for certain mature fields, known as brown fields
HM Treasury consults on decommissioning relief deeds
- CMS Cameron McKenna
- -
- United Kingdom
- -
- July 10 2012
Yesterday the Government published its consultation document on “Decommissioning Relief Deeds: increasing tax certainty for oil and gas investment in the UK Continental Shelf”
EU offshore safety regulation an update
- CMS Cameron McKenna
- -
- European Union
- -
- June 20 2012
It is rare to find an issue on which regulators, industry associations and trade unions are in total agreement but the EU’s proposed regulation of the offshore industry is one of them
First Minister launches new oil and gas strategy for Scotland
- CMS Cameron McKenna
- -
- United Kingdom
- -
- May 31 2012
Alex Salmond published this week Scotland’s strategy for the oil and gas industry targeting higher long-term recovery rates from the UKCS, greater exports from the Scottish supply chain and £30 billion annual sales by 2020
2012 North Sea licensing round - breaking all previous records
- CMS Cameron McKenna
- -
- United Kingdom
- -
- May 29 2012
The latest North Sea licensing round for oil and gas was launched on 1 February 2012 by the Secretary of State for Energy and Climate Change and closed for applications on 1 May 2012
