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Potential future carbon storage sites easier to identify Information will help to resolve possible co-location issues Report highlights crucial role of technological solutions

A disappointing total of 48 development wells were drilled and 12 exploration and appraisal wells completed in 2022, according to the Wells Insight report 2022, published by the North Sea Transition Authority (NSTA) today (12 October).

North Sea production has received a significant boost today (30 October) with the offer of 27 new licences in areas prioritised because they have the potential to go into production more quickly than others.

Government, regulators and industry chiefs gathered in Aberdeen - Europe’s energy capital - today (29 November) to discuss the outlook for investment in the North Sea following several strong votes of confidence in the basin.

An oil and gas operating company has been given the highest fine the NSTA has issued to date for emitting greenhouse gases into the atmosphere without permission. 

The triple targets of supporting production, reducing emissions, and accelerating the transition to net zero are driving technological innovation in the North Sea. 

Press notice announcing Tranche 2 potential awards - 33rd Offshore Licensing Round

Press Notice regarding consultaion on proposed regulations for the disclosure of carbon storage information and samples