Taxation The tax regime which applies to exploration for, and production of, oil and gas in the UK and on the UK Continental Shelf (UKCS) currently comprises the following four elements, described briefly in turn below: View more
Well and Installation Operator Service (WIOS) External User Guidance Publications published 8 November 2024 View more
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
OGA Plan To Reduce UKCS Greenhouse Gas Emissions The requirement for rapid and sustained reductions in oil and gas production emissions continues to be essential. Under the OGA Strategy 1 (‘the Strategy’), relevant persons must take net zero into account within their decision-making processes. Download
