3.125
%
Negative
17
mm boe
14
%
The Dutch sector has matured, with the government managing tail legacy assets. While recent M&A activity points towards the merits of stable cash flow in trusted jurisdiction, the growing influence of the environmental lobby undermines any benefits accruing to operating in country. More recent moves to limit production reiterate the absurdity of the country's green movement.
August 15, 2022
Europe - North West
mm bbl
bcf
Western Europe, bordering the North Sea, between Belgium and Germany.
Concession
Holders of a Dutch exploration and/or production license are generally subject to (a combination of) the following direct taxes: (i) corporate income tax (“CIT”); (ii) surface rental taxes; (iii) state profit share (“SPS”); and/or (iv) a royalty-based taxation.
The Netherlands consistently ranks among the world’s most competitive industrialized economies. It offers an attractive business and investment climate and remains a welcoming location for business investment from the United States and elsewhere. Strengths of the Dutch economy include the Netherlands’ stable political and macroeconomic climate, a highly developed financial sector, strategic location, well-educated and productive labour force, and high-quality physical and communications infrastructure. The Dutch economy has significant foreign direct investment in a wide range of sectors, however, Dutch tax policy continues to evolve in response to EU attempts to harmonize tax policy across member states.
Source: ESRI, Heritage Index, HMG Foreign & Commonwealth Office, US Department of State, International Trade Administration, International Law Review, Ernst & Young, Wood Makenzie & OGA data.
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