We work closely with key Oil & Gas organisations

The R&D Tax Credits scheme allows businesses in the Oil & Gas industry to reduce their corporate tax bill or receive a tax refund based on a proportion of their R&D expenditure.The scheme can be used by any limited company that is liable for corporation tax in the UK and meets the necessary R&D criteria; it can even be used on unsuccessful projects.The work that qualifies for R&D tax relief must be part of a specific project which aims to make an advance in its field. If you are developing a new process, a new product or service, or perhaps even improving an existing one, R&D Tax Credits provide an often vital cash injection for businesses. Since 2010, we have helped thousands of clients successfully claim more than £1 billion in R&D tax relief.

R&D in the Oil & Gas industry

  • Development of advanced drilling technologies such as intelligent drilling systems that use sensors and software to optimize drilling operations and increase safety is a great example of R&D in the oil and gas industry.
  • Development of new materials for oil and gas equipment, such as drilling pipes and wellhead components, where materials need to be able to withstand extreme conditions and have high levels of corrosion resistance.
  • Development of new technologies to improve safety and efficiency of offshore operations such as, the development of new systems for launch and recovery of equipment, or the development of new techniques for subsea inspection and maintenance, are examples of R&D in the oil and gas industry.
  • Development of carbon capture technologies that will enable the industry to reduce its carbon footprint while continuing to meet global energy demand.
  • Development of new technologies for enhanced oil recovery, such as the use of advanced waterflooding techniques or the injection of chemicals or gases into reservoirs, to help increase oil recovery rates and extend the life of existing oil fields.

Our Expertise

Oil & Gas clients


Oil & Gas clients savings millions (£)


Average Oil & Gas Claim Size

100 000

Our case studies

Seanamic Group case study
Seanamic Group

Find out how Seanamic Group were able to increase their R&D Tax Credit claim value by 400% when…

Food Packaging Manufacturing Client – EII
Food Packaging Manufacturing Client – EII

Formed in 1998, our client manufactures food service packaging from recycled materials which…

You may also be eligible for Energy Tax Reliefs

We help eligible businesses apply for compensation for a significant proportion of the costs of their energy bills. Our dedicated Energy Tax team provide an en-to-end claim process to maximise financial benefit with Energy-Intensive Industries scheme (EII) and Climate Change Levy (CCL).