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Regulatory framework

The North Sea Transition Authority (NSTA) was established to regulate the UK oil and gas industry, in conjunction with other regulatory authorities, and has a range of powers to deliver this remit. 

Statutory Notice

The Energy Act 2016 (the ‘Act’) gives the NSTA the power to attend and participate in certain ‘relevant’ external meetings (including videoconferences and teleconferences) between different companies operating in the UK continental shelf.