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Guidance Mockup

The NSTA produces a range of guidance documents, to support and assist industry in fulfilling its responsibilities and obligations, to set clear expectations on standards and behaviour, and to help share best practice.

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Licensing rounds

We hold offshore and onshore petroleum licensing rounds, inviting applications from companies and making awards to those bids that promise to ensure economic recovery of the UK’s oil and gas resources, whilst supporting the drive to net zero carbon by 2050. 

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Financial Guidance

The Oil and Gas Authority’s (the ‘OGA’) powers, and this guidance, apply to: (a) the upstream UK offshore petroleum industry; and

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General guidance

Companies who want to participate in the exploitation of the UK’s oil and gas resources need (among other things) a Production Licence from the Oil and Gas Authority (OGA). The OGA operates a competitive system for awarding Production Licences.

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Financial Guidance August 2018

This guidance sets out when the Authority will consider the financial capability of a legal or natural person (“person”) and the factors that the Authority will usually take into consideration when doing so