Oilfield Tax Allowance Award Paves Way for Hundreds of New UK Jobs
EnQuest PLC, the largest independent UK oil producer in the North Sea, has secured a brownfield tax allowance to fully exploit its Thistle oilfield.
The next phase in the life extension programme for Thistle will safeguard almost 500 existing North Sea jobs and create almost 1,000 new jobs across the UK oil and gas supply chain in Aberdeen, Newcastle, Manchester and Swansea over the next three years.
The late life extension programme will see further investment of around £169 million GBP, with contracts for the work being awarded to around 30 companies across the UK supply chain.
View original press release here: Oilfield Tax Allowance Award Paves Way for Hundreds of New UK Jobs