Insight
The impact of Norway's tax change on assets and companies
This report is currently unavailable
Report summary
This Wood Mackenzie presentation looks at the effect of the first increase in Norwegian petroleum tax in 20 years. The Government announcement in May 2013 stated that the marginal rate of 78% will not change, but capital uplift will be reduced. We estimate the overall impact will increase government take by NKr 27 billion (US$4.5 billion). We still expect all planned and sanctioned projects to continue following the tax change. But marginal projects such as Hod redevelopment, Aasta...
Table of contents
- Executive Summary
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Webinar: The impact of the UK energy profits levy on North Sea profits and investment
On 21 March Wood Mackenzie presented the Webinar: The impact of the UK energy profits levy (EPL) on North Sea profits and investment
$1,350
Insight
Pemex financial health: reasoning and impact on recent hydrocarbon duty government aid
Fiscal reductions have alleviated some Pemex financial struggles, but further action is required to return to self-sufficiency
$1,350
Insight
Inflation Reduction Act: all bark and no bite for upstream
The Inflation Reduction Act is a mixed bag of pro-exploration lease sale offerings and harsher fiscal terms. How will upstream fare?
$1,350