ESG Disclosure 2021–2022 observations The NSTA will continue to encourage investor confidence, including work to mitigate potential barriers to investment, including driving the importance of clarity and consistency in Environmental, Social and Governance (“ESG”) disclosure Download
Consultation on proposal to issue NSTA Guidance on the conduct of licence assignments May 2023 The purpose of this consultation is to set out and seek views on proposed NSTA Guidance on the conduct of licence assignments. Download
Application for Seaward Production Licences General Guidance 7 October 2022 Companies who want to participate in the exploitation of the UK’s oil and gas resources need (among other things) a Production Licence granted by the NSTA. Download
About us We license, regulate and influence the UK oil, gas and carbon storage industries. We support UK energy security, drive emissions reduction from UK supplies, and help accelerate the transition to net zero to realise the potential of the North Sea as an integrated energy basin. View more
Sanction Procedure November 2022 The powers established by the Energy Act 2016 include, among others, powers to give Sanction Notices for failure to comply with a petroleum related requirement Download
Our relationship with the UK government and other public bodies in the UK The NSTA has day-to-day operational independence from the The Department for Energy Security and Net Zero (DESNZ - previously known as the Department for Business, Energy and Industrial Strategy (BEIS)) and undertakes its activities in accordance with all applicable laws and regulations View more
Prioritisation criteria When considering whether or not to take action using formal powers the NSTA will review that issue alongside its prioritisation criteria which can be found below: View more
