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Tier reviews

This guidance has been developed to aid industry understanding of the OGA’s Tiered Stewardship Review process, which is a key element of the Asset Stewardship Strategy.

Exploration Production
Exploration and production

We regulate the licensing of exploration and development of the UK’s offshore and onshore (England only) oil and gas resources, gas storage and unloading activities in accordance with the Strategy.

Asset stewardship

Through effective asset stewardship we aim to optimise efficiency and ensure economic recovery and support the drive to net zero carbon by 2050, while maintaining high standards of safety and environmental management.

Expectations

In consultation with the industry, we have developed stewardship expectations across the oil and gas lifecycle, for operators and licensees.

Reviews

We will continue to undertake pro-active, structured and prioritised stewardship reviews with operators and licensees based on intelligence gathered, prioritising those with the greatest impact on economic recovery and support the drive to net zero carbon by 2050.