Sunak confirms support for ‘hundreds’ of new North Sea licences
The licences are expected to be issued in September.
The licences are expected to be issued in September.
Labour has proposed a ‘national mission’ to boost clean energy, but failed to address uncertainty around the future of North Sea oil and gas.
Almost irrelevant of who wins what, the 33rd oil and gas licensing round will be scrutinised more closely than any that have gone before.
New data has highlighted the “standout” firms carrying out exploration in the UK North Sea in recent years.
More than 5,000 km2 of North Sea exploration acreage was surrendered today as deadlines for licences hit the industry.
A parliamentary committee has pressed the UK government to set a clear date for ending new oil and gas licensing rounds in a bid to show international climate leadership.
A coalition of campaign groups have vowed to mount three separate legal challenges to the UK government in a bid to stop the award of new North Sea oil and gas licences.
The long-awaited 33rd offshore oil and gas licensing round officially launches today.
The North Sea Transition Authority (NSTA) has fired the starting pistol on the 33rd oil and gas licensing round, the UK’s first since 2019.
A secure supply of energy is something we used to take for granted. Now it’s different.
Appetite exists for new oil and gas exploration west of Shetland but vital infrastructure will be needed to make good on the region’s potential resources, according to Offshore Energies UK (OEUK).
It has been confirmed the upcoming offshore licensing round will kick off “early next month” after ministers gave long-awaited clarity about the UK’s climate compatibility checkpoint.