NSTA

February 1, 2024

NTSA awards 24 new North Sea oil and gas licenses in latest licensing round

The North Sea Transition Authority (NSTA) has awarded a total of 24 licenses in the second part of the 33rd oil and gas licensing round.

North Sea O&G industry spends £1.6bln on decommissioning in 2022. Image: Jan-Run Smenes Reite (pexels).

August 9, 2023

North Sea O&G industry spends £1.6 billion on decommissioning in 2022

A report released by the North Sea Transition Authority (NSTA) has found that the North Sea oil and gas industry spent £1.6 billion on decommissioning in 2022.

$Just three test wells have ever been fracked in the UK$

September 22, 2022

Moratorium on fracking lifted in the UK in controversial energy security move

The moratorium on fracking has officially been lifted by the government to “bolster the UK’s energy security.”

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