Hundreds of North Sea jobs are at risk following a Scots oil and gas company's decision to 'diversify internationally.'
Harbour Energy, based in Edinburgh, informed staff on Wednesday, January 18, that they are cutting jobs after a review of its UK business in response to the UK Government's windfall tax, reports Aberdeen Live.
The Energy Profits Levy, introduced by Rishi Sunak when he was chancellor and extended by current incumbent Jeremy Hunt, as oil companies continued to post huge profits despite soaring costs for punters.
