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We expect that operators will efficiently manage a project portfolio and deliver projects to the schedule, cost and production performance in accordance with the consented field development plan (or addendum)

We expect that operators are able to demonstrate an integrated approach to the operation of assets to achieve optimum levels of performance and facilitate the recovery of the maximum value of economically recoverable petroleum

This IM Delivery Programme builds on the IM Strategy and describes in more detail how and when it will be delivered

The NSTA operates a licensing regime that gives companies exclusive rights to search, bore for and get petroleum. Petroleum licences are issued after a competitive process, usually a licensing round.