Supporting Energy Security

Oil and gas contribute around three quarters of UK energy requirements and forecasts point to them being needed for heat, power and transportation for decades to come. Even as demand declines, the UK is expected to be a net importer of both out to 2050.

Therefore, supporting UK energy security while, at the same time, supporting the energy transitions and helping industry reduce emissions is essential.

Domestically produced oil and gas is not only beneficial to energy security and the energy transition, but also creates wider economic benefits including jobs and future revenue for the Exchequer.

The North Sea Transition Authority plays a vital role in this. We steward the exploration and development of the UK’s offshore and onshore oil and gas resources, gas storage and unloading activities. 

The 33rd oil and gas licensing round awarded 83 licences and the UK’s first-ever carbon storage licensing round resulted in 21 licences being awarded.

Effective asset stewardship, and supporting exploration through field development to decommissioning, helps the aims of optimising efficiency and ensuring economic recovery, and supporting the drive to net zero carbon by 2050, while maintaining rigorous standards of safety and environmental management. 

Effective stewardship is achieved when assets are in the hands of those with the will, behaviours and resources to do the right things to identify and pursue opportunities.

Should the NSTA become aware of behaviours that indicate a lack of awareness of the obligations imposed by the OGA Strategy, the NSTA have a range of powers allowing us to intervene.  Further details can be found here.

Accelerating the Energy Transition

Cutting Emissions

Two of NSTA staff at work in our Aberdeen office

Life at the NSTA

Current Vacancies

Explore our latest opportunities and find a role where you can make a real impact. We’re looking for motivated people across a range of disciplines to help shape the UK’s energy future.

View current vacancies