Decommissioning UK oil and gas installations: driving down the cost | Practical Law

Decommissioning UK oil and gas installations: driving down the cost | Practical Law

This article examines the new decommissioning relief deed regime being introduced to provide greater certainty about the tax relief available to meet the high cost of decommissioning oil and gas installations on the UK continental shelf.

Decommissioning UK oil and gas installations: driving down the cost

Practical Law UK Articles 8-527-5245 (Approx. 7 pages)

Decommissioning UK oil and gas installations: driving down the cost

Law stated as at 01 May 2013United Kingdom
This article examines the new decommissioning relief deed regime being introduced to provide greater certainty about the tax relief available to meet the high cost of decommissioning oil and gas installations on the UK continental shelf.
This article is part of the multi-jurisdictional guide to energy and natural resources. For a full list of content visit www.practicallaw.com/energy-mjg.