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This document is an annex to the final report of the UKCS Energy Integration Project

Accounts presented to the House of Commons pursuant to Section 7(2) of the Government Resources and Accounts Act 2000

Effective collaboration will be fundamental to the successful future of the UK Continental Shelf

The total estimated cost of decommissioning UKCS upstream oil and gas infrastructure has fallen by a further £1.5bn to £44.5bn, representing an overall decrease of about £15bn (25%) since the baseline forecast and cost reduction target were introduced in 2017

Energy integration technologies (offshore electrification, CCS, blue and green hydrogen) could contribute around 30% of the UK emissions abatement needed.

The NSTA regulates offshore carbon dioxide storage – we are the licensing authority and approve and issue storage permits – and maintains the carbon storage public register.

Accounts presented to Parliament pursuant to Section 6 of the Government Resources and Accounts Act 2000 (Audit of Non-profit Making Companies) Order 2009

The purpose of these Guidelines is to set out the Authority’s expectations as to what will generally constitute ‘good oilfield practice’ for the full range of fiscal measurement scenarios that are likely to be encountered in practice