Skip to main content

Licensing in 2020/21 suspended by UK Oil and Gas Authority

Published by , Editor
Oilfield Technology,


As reported by Reuters, the UK Oil and Gas Authority has halted its licensing rounds for offshore exploration acreage in the North Sea at least until next year, it said on Tuesday.

“The OGA have temporarily paused Licence Round activity... There will be no Round in 2020/21, which will allow relinquishments to take place so more coherent areas can be reoffered in future and give industry time to deliver on work commitments in the existing portfolio of licences,” it said.

“The OGA is planning for a 33rd Round and will confirm the timing as soon as it is finalised.”

Read the article online at: https://www.oilfieldtechnology.com/exploration/11032020/licensing-in-202021-suspended-by-uk-oil-and-gas-authority/

You might also like

Serica Energy announce acquisition of interest in Greater Buchan area

Serica Energy has announced the completion of the acquisition by its wholly owned subsidiary, Serica Energy (UK) Limited, of 30% non-operated interests in the P2498 and P2170 licences (together the Greater Buchan Area (‘GBA’)) from Jersey Oil & Gas (‘JOG’).

 
 

Embed article link: (copy the HTML code below):


 

Oilfield Technology is not responsible for the content of external internet sites.