The North Sea Transition Authority said it was investigating an oil and gas company suspected of failing to meet licence obligations designed to stimulate activity in support of the UK’s energy security. SEISMIC SURVEY The regulator will consider whether the company was obliged under the terms of a licence it was awarded in a prior […]
Tag: investigation
NSTA investigates flaring and venting without consent
The North Sea Transition Authority in investigating an oil and gas company for flaring and venting without consent in the North Sea. ENERGY WASTE Possible likely action by the regulator includes a fine or up to the relevant licence being taken away. “Monitoring flaring and venting and reducing emissions are vital parts of the NSTA’s […]
NSTA investigates suspected breach of licence condition
The North Sea Transition Authority (NSTA) is investigating an operator suspected of breaching one of its licence conditions. OBLIGATIONS The regulator will assess whether the licensee conducted a well test – intended to gauge whether or not the reservoir can produce oil or gas – without consent and failed to provide timely notification of the […]
OGA investigates possible breach of field production consents
The Oil and Gas Authority (OGA) has opened an investigation into a possible breach of field production consents, contrary to the requirements of the licences. FAILURE TO COMPLY The authority said that the investigation followed an enquiry which concluded that there was sufficient initial evidence for a full investigation into a potential failure to comply with such consents. The investigation follows the publication in […]
OGA opens third 2021 compliance investigation
The Oil and Gas Authority (OGA) said it had opened an investigation into a possible breach of field production consents contrary to the requirements of the licences. SANCTION PROCEDURE This is the third investigation into compliance matters opened by the industry regulatory body during 2021. The OGA said it had started the latest investigation under its sanction procedure. This follows […]
OGA investigates proposed sale of producing fields
The Oil and Gas Authority (OGA) has started investigating the proposed sale by Esso Exploration & Production Ltd (EEPUK) to NEO of 13 producing fields, specifically Elgin Franklin, in the North Sea. SANCTIONABLE OGA said it was concerned that the transaction was not progressing as quickly as expected. The regulatory authority has previously raised concerns generally about ”transaction drag” and the chilling […]