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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 regulates and influences the UK’s oil, gas and carbon storage industries to ensure the economic recovery of oil and gas and meet the 2050 net zero emissions target set by the Secretary of State.

APPENDIX II The role of DTI and the legal basis for fiscal measurement supervision in the UK

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

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