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The purpose of this annual report is to provide an estimate of the UKCS’s remaining recoverable petroleum resources. The Authority estimates that there remains in the range 10 to 20 billion barrels or more of oil equivalent (boe), including discovered and undiscovered petroleum resources

Under the model clauses applicable to a seaward production licence, licensees require the NSTA’s consent to erect or carry out permanent works for the purpose of getting or conveying petroleum from a licensed area.

NSTA gives a Financial Penalty Notice which imposes on EnQuest Heather Limited a financial penalty of £150,000

Decommissioning cost estimates continue to fall and have reduced by a further 4% in 2021

Bacton Energy Hub (BEH) is a strategic infrastructure opportunity that will support the UK to reach its ambitious net zero 2050 targets and to be a global leader in delivering low carbon energy solutions.

This report seeks to identify the existing primary legislation, secondary legislation and statutory regulations that might apply to a hydrogen-based development centred on the Bacton gas terminal in Norfolk