suspended new all drilling activity last year in the Forties field, east of Fraserburgh. It comes after Chancellor Rachel Reeves confirmed in the Budget that the tax on oil and gas firm profits ...
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Oil firm blames windfall tax for North Sea pull-outA US oil firm has said it will end all its operations ... The Texas-based firm took control of the Forties field, east of Fraserburgh, in 2003 but suspended all new drilling activity last year.
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