Carbon storage licence transfer and change in control approach Under the terms of a CS Licence, licensees have the right, with the consent of the NSTA, to transfer (either in whole or partially) their rights under the licence to another company or arrange a change in control of the licensee. Download
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. View more
Licence assignments and relinquishments A company that is party to a licence may wish to sell its interest, or a part of it, to another company. It requires the NSTA ’s prior consent to do so. View more
