Testing UK tech overseas ‘is not good enough’, says NZTC
Aberdeen’s Net Zero Technology Centre (NZTC) said “it’s not good enough” that UK decommissioning technology is tested overseas when “we are meant to be the leaders in this space”.
North Sea Transition Authority (NSTA)
North Sea Transition Authority (NSTA) News
Aberdeen tech seeks to pump millions of barrels of North Sea oil from shut-in wells
A patented tool that cleans blocks out of subsea pipes could clear the way for the production of tens of millions of barrels of North Sea oil and gas.
All North Sea Transition Authority (NSTA) Posts
‘Concern’ over how the North Sea will pay for decommissioning
Boston Consulting Group analyst, Martha Vasquez, told Decom Week in Aberdeen that some of us are concerned as to where the money needed for NorthSea decommissioning will come from.
NSTA first as regulator partially revokes Brae Area licence after Fujairah decom default
For the “first time” ever, the industry regulator has partially revoked a North Sea licence after a partner failed to “meet regulatory requirements”.
‘Will these blocks ever be licensed again?’ Over 5,000 km2 of North Sea exploration given up
More than 5,000 km2 of North Sea exploration acreage was surrendered today as deadlines for licences hit the industry.
Farm-outs scrapped as Orcadian Energy loses North Sea licence
Orcadian Energy (AIM: ORCA) has been forced to give up a 25 million-barrel North Sea discovery after the NSTA regulator stepped in.
NSTA to greenlight projects to produce over a billion barrels from UK waters
The UK regulator, North Sea Transition Authority, has held a meeting with operators in the region to develop 22 new energy projects that will deliver over a billion barrels.
Viaro, Hartshead North Sea farm-in completes after clearing regulatory hurdle
Viaro Energy’s has successfully bought majority stakes in a series of North Sea fields held by Hartshead Resources (ASX: HHR).
‘Treasure map’ set to bring the UK carbon capture success
Firms with a licence to drill in the North Sea will report findings of what lies beneath the North Sea to help put together a ‘treasure map’ to support the UK's carbon capture and storage efforts.
Government looks to expand NSTA jurisdiction to encompass hydrogen
The UK government is proposing that the North Sea Transition Authority (NSTA) should oversee hydrogen pipelines in addition to its current workload.
North Sea regulator challenges claim that Rosebank would blow UK’s carbon budget
The North Sea Transition Authority defended its analysis of upstream emissions as campaigners claim that approval of Rosebank field would exceed UK carbon budgets.
North Sea deals ‘jeapordised’ over joint venture problems
The NSTA is proposing new rules to streamline industry deals and boost energy security.
INTOG reaction: Industry has ‘strong appetite’
Crown Estate Scotland has announced the winners of its “world-first” innovation and targeted oil and gas leasing round, with 15 candidates being successful.
NSTA launches probe into firm suspected of undermining UK energy security
The industry regulator has launched an investigation into a potential breach of licence commitments by a North Sea operator.
Using the takeaways from CERAweek to develop a North Sea powerhouse
It’s hard to know what to expect from 7,500 members of the global energy industry gathered in one convention centre in an American town best known for space travel, cowboys, and Tex-Mex food. Of course it was Texans, back in 1970s that came over to Aberdeen, and led the charge for drilling in the North Sea, something that they went on to do in oil and gas provinces around the world. This week however was about the energy world coming to Texas - at what has become known as the Davos of energy.
Hiring: NSTA lists £96,055 head of disputes and sanctions job
The North Sea Transition Authority (NSTA) has posted a job advert for a new head of disputes and sanctions, with an annual salary of £96,055.
New figures show North Sea flaring down 50% in last four years
North Sea flaring has been cut in half following four consecutive years of reductions, new analysis from the industry regulator shows.
‘Out of touch’: Activists hit out at Shell’s oversight role for North Sea transition
Activists have hit out at a Shell boss being given joint oversight with the regulator for the North Sea industry energy transition.
Regulator tells energy industry to get after £220bn North Sea spending opportunity
As much as £220 billion could be spent on North Sea oil and gas, offshore wind, CCS and hydrogen projects before the end of the decade.
Ping Petroleum decries windfall tax and ‘out of alignment’ regulators
North Sea minnow Ping Petroleum has criticised the UK government's windfall tax and decried "out of alignment" regulators overseeing the industry.
‘Super urgent’ for industry to crack offshore wind, CCS coexistence conundrum
Energy bosses have stressed the significance of the subsea industry in pinpointing a solution that allows carbon storage and offshore wind to coexist.
Aberdeen’s ETZ appoints NSTA and Shell bosses to board
ETZ Ltd has added a further two Aberdeen energy veterans to its board, ahead of what it says will be a “crucial period of delivery”.
NSTA’s first new ventures director on laying the tracks for the future of the industry
In response to its broadening remit, the NSTA recently appointed Andy Brooks as its first director of new ventures.
ESG, oil & gas and the energy transition
Is the North Sea getting to grips with ESG?
Exc: North Sea drillers warn of rig exodus amid ‘minimal opportunity’
The Scottish and UK Governments have been called upon to create a long-term energy plan to ensure a ‘viable’ drilling sector remains.
NSTA sets up new carbon storage team ahead of licence announcement within ‘weeks’
The North Sea Transition Authority (NSTA) is to fill out a new, dedicated carbon storage team ahead of the results of the UK’s first CCS licensing round.
Fears windfall tax subsidy could distort North Sea electrification process
Concerns have been raised about the unintended consequences of the UK Government’s subsidy for electrifying oil and gas platforms.
