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

Includes Key Insights on the offshore well sector

Production efficiency (PE) has risen for a fourth consecutive year, in 2016 it reached 73%, driving increased production in the United Kingdom Continental Shelf (UKCS)

The total cost of decommissioning remaining UK offshore oil and gas production, transportation and processing infrastructure has reduced by 17%, on a like-for-like basis, to £49bn compared with a 2017 base-line estimate of £59.7bn