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The Guardian - UK
The Guardian - UK
Business
Alex Lawson Energy correspondent

North Sea oil and gas bosses get combined £25m pay rise

Oil Linda Cook North Sea Bernard Looney Harbour Harbour Energy British Petroleum Shell EIG
Linda Cook, CEO Harbour Energy
Harbour Energy is the biggest oil and gas producer in the North Sea and paid chief executive Linda Cook a total remuneration package of £6m. Photograph: Harbour Energy

Bosses of some of the largest North Sea oil and gas companies have been handed bumper payouts – including a £4.6m “golden hello” for the chief executive of the region’s biggest producer – amid growing pressure for a windfall tax.

Most chief executives of the biggest operators received a pay hike, according to recently filed accounts, boosted by the rapid recovery of the price of oil from the depths of the pandemic.

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