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Windfall tax changes could render North Sea 'uneconomical' says Ithaca chairman

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Windfall tax changes could render North Sea 'uneconomical' says Ithaca chairman

Any changes to Britain's oil and gas windfall tax law that would remove incentives to invest in the North Sea would make field developments in the ageing basin "uneconomical", the chairman of newly-listed Ithaca Energy said on Wednesday.

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Windfall tax changes could render North Sea 'uneconomical' says Ithaca chairman

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Windfall tax changes could render North Sea 'uneconomical' says Ithaca chairman

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