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Accounts presented to the House of Commons pursuant to Section 6 of the Government Resources and Accounts Act 2000 (Audit of Non-profit Making Companies) Order 2009

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 the adoption and implementation of good commercial practice should enable activity to be progressed in a manner, and at a pace, consistent with obligations in the MER UK Strategy

We expect relevant persons to collaborate and cooperate with their supply chain (those providing goods and services to the upstream oil and gas industry) to support the delivery of relevant activities (as defined in the OGA Strategy) on time and on budget.

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.

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