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UKCS Technology Insights 2018

63 operators submitted their Technology Plans as part of the 2016 UK Continental Shelf (UKCS) Stewardship Survey, providing the Oil and Gas Authority (OGA) with a unique insight on companies’ technology portfolios, as well as their strategies to access further required technologies.

Documents Image 4
Technology Insights A5 April 2018

63 operators submitted their Technology Plans as part of the 2016 UK Continental Shelf (UKCS) Stewardship Survey, providing the Oil and Gas Authority (OGA) with a unique insight on companies’ technology portfolios, as well as their strategies to access further required technologies.

Operatorship

The licence model clauses oblige the licensee to nominate an entity that has responsibility for organising or supervising all or any of the operations of searching or boring for or getting petroleum in pursuance of the licence, namely: 

Licence assignments

As from 1 October 2016, the Energy Act 2016, and Regulations made under it, transferred certain functions from the Secretary of State for Energy and Climate Change (now the Secretary of State for Energy Security and Net Zero) to the Oil and Gas Authority.