ANOTHER oil and gas giant yesterday revealed they were reviewing investment plans in the North Sea.
The decision by BP comes after Chancellor Gordon Brown imposed an extra tax on the industry.
The impact is likely to be felt from 2007 onwards because BP have already contracted out much of the work for next year.
A spokeswoman for the firm said: "We are reviewing our investment portfolio in the light of the tax changes.
"The increase will make it harder for UK opportunities to compete for investment."
Shell have already vowedto reduce North Sea activity. SNP leader Alex Salmond MP said: "Brown's billions today are being grabbed at the expense of thousands of Scottish jobs tomorrow. The big players will move investment elsewhere."
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