Page 3 - Tim Eggar News Today

Continuing North Sea exploration is vital, according to the OGA.

The chairman of UK North Sea regulator the Oil & Gas Authority, Tim Eggar, said Nov. 24 the agency expected to launch shortly a “new look” system of offshore licensing rounds once consultations are complete, after a pause that has fueled worries about the industry’s future and its ability to replenish production. In a speech ...

OGA chairman Tim Eggar tells industry conference there is no ban on exploration as case for domestic production remains strong even as social license weakens

OGA chairman Tim Eggar tells industry conference there is no ban on exploration as case for domestic production remains strong even as social license weakens

Continued investment into exploration and production in the North Sea will be a crucial part of the energy transition, says OGA chairman.

Tim Eggar, OGA chairman, told delegates that North Sea exploration and production will be vital to satisfying domestic energy needs.

Exploration and production of oil and gas from the North Sea is still needed if the UK is to meet its energy needs, while ensuring a successful energy transition to net zero, the Chairman of the Oil and Gas Authority Tim Eggar said, speaking to delegates at the combined PROSPEX and PETEX conference in London.

The UK government has been warned to stop a massive North Sea oil project or see its hopes of becoming a climate leader dashed as the country prepares to host a crucial environmental summit later this year.

THE Oil and Gas Authority has launched a probe into a firm regarding a potential breach of regulations as it noted the importance of the industry…