Wood Mackenzie

Thoughts have now turned to who is going to pay for decommissioning and the knock-on effect it will have on production, capital investment and M+A. Strategic decisions will be heavily influenced by how the taxation system handles such costs. Two of Wood Mackenzie's petroleum taxation experts - Ross Millan (ross.millan@woodmac.com) and Aleks Popovics (aleksandrs.popovics@woodmac.com) - discuss some of the key takeaways from our recent report entitled "Upstream decommissioning: where's next and who pays?" https://www.woodmac.com/reports/upstream-oil-and-gas-upstream-decommissioning-wheres-next-and-who-pays-22918