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The offshore sector is more vulnerable, as it is much more difficult to protect.
This is designed to put our offshore sector out of business.
However, there are plenty of shady operators in the offshore sector and this counts double in the online environment (be wary of dubious hybrids that sound like the real thing, such as Goldman Merrills).
The report says the offshore sector generates almost £40bn a year, including £7bn in export earnings.
It will have the advantage of dominating the deepwater offshore sector.
IADC warned the measure would cause the UK offshore sector to shrink.
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The paper includes ideas on how Norway and the Netherlands tax their offshore sectors slightly differently.
The four founders, who studied engineering at Argentine public universities, initially formed the company to tap into the lucrative offshoring sector that India was dominating at the time.
The offshore helicopter sector is an oasis of success in difficult times for the aviation industry.
Attempts to diversify have had some success, with a growing tourism industry and a small offshore financial sector.
It is now a financially secure, fast-growing, profitable business with a leading position in the exciting offshore wind sector.
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