UK: Oil Firms Failing to Meet Drilling Obligations Face Financial Penalties
The UK oil and gas regulator North Sea Transition Authority (NSTA) warned the industry on Friday that it would not hesitate…
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The UK oil and gas regulator North Sea Transition Authority (NSTA) warned the industry on Friday that it would not hesitate…
Offshore Energies UK’s 2022 Emissions Report confirms the oil and gas sector is exceeding progress against its emission target with greenhouse gas emissions from the production, transport and processing of North Sea hydrocarbons down by more than 20% since 2018.
Offshore Energies UK’s 2022 Emissions Report confirms the oil and gas sector is exceeding progress against its emission target with greenhouse gas emissions from the production, transport and processing of North Sea hydrocarbons down by more than 20% since 2018.
The North Sea Transition Authority (NSTA) has announced an additional 34 Blocks in the 33rd Oil and Gas Licensing Round. Available in the Central North Sea and Southern North Sea, the extra acreage is available following further consultation with the MoD.
UK energy security will be significantly boosted with the launch of the 33rd oil and gas licensing round later today. The North Sea Transition Authority (NSTA) is inviting applications for licences to explore and potentially develop 898 blocks and part-blocks in the North Sea which may lead to over 100 licences being awarded.