Search results
Results from the WOW.Com Content Network
An oil rig in the North Sea, oil production is centred in the waters off the Scottish northeast coast. The oil industry in Scotland was largely created upon the discovery of North Sea oil. The country is one of the world’s leading oil producers, and in 2020, oil and gas contributed £13.8 billion to the Scottish economy and supported 100,000 ...
The UK Government revealed plans to mandate oil and gas licensing in the North Sea in a bid to reduce dependency on “hostile foreign regimes”, it will be announced in the King’s Speech.
The Scotland Act 2016 devolved oil and gas licensing powers to the Scottish Government with effect from 9 February 2018. [3] In addition, the Office of Unconventional Gas and Oil (OUGO), is a UK Government office that promotes the safe, responsible and environmentally sound recovery of the UK's unconventional reserves of gas and oil. [4]
It is responsible for maximising the economic recovery of oil from the North Sea. [10] [11] It is empowered to license and regulate activity in relation to oil and gas in the United Kingdom, including oil and gas exploration, carbon capture and storage, and offshore gas storage. [12] The NSTA’s role is to take the steps necessary to: [13]
Energy Secretary Jacob Rees-Mogg spoke as the North Sea Transition Authority began its latest round of licensing for offshore oil and gas.
The North Sea Transition Authority is expected to launch a further round of oil and gas licensing in October. New oil and gas licence plans will withstand legal challenge, says energy boss Skip to ...
Pages in category "Oil and gas industry in Scotland" ... Gannet oil and gas field ... Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; ...
An offshore energy trade body welcomed the move but Greenpeace condemned ‘backward-facing policies’.