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Date ArticleType
11/14/2018 Member News
Exploration fears persist despite ‘encouraging’ UK licensing round

Exploration fears persist despite 'encouraging' UK licensing round

Mark Lammey

11/14/2018


But the Oil and Gas Authority (OGA) remains concerned about low levels of drilling activity in the UK continental shelf (UKCS).

Mike Tholen, upstream policy director at industry body Oil and Gas UK (OGUK), said the 31st bidding round showed the appetite for exploration had grown, but agreed more urgency was needed.

The number of blocks applied for was 45% higher compared to the last time frontier acreage was made available, in 2016.

Read more-
https://www.energyvoice.com/oilandgas/north-sea/186056/exploration-fears-persist-despite-encouraging-uk-licensing-round/