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The Offshore Safety Directive of 2013 (‘OSD’) was implemented in the UK by the Offshore Petroleum Licensing (Offshore Safety Directive) Regulations 2015 (‘the 2015 Regs’) and other regulations.

The North Sea Transition Authority is committed to ensuring the economic recovery of UK oil and gas and to enabling the achievement of the UK Government’s commitment to reach net zero emissions by 2050.

This page contains information regarding the Annual Consents Exercise (“ACE”) in the following sections: 

The NSTA grants licences that confer exclusive rights to ‘search and bore for and get petroleum’.

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

Fiscal measurement supervision and coherent practical arrangements related to pipelines and installations governed by existing agreements between the UK and Norway