UK Government gives new environmental guidance for North Sea energy operators

Unlocking the North Sea: The £165 Billion Key to UK’s Energy Independence - Commonwealth Union

(Commonwealth_Europe) The UK could be sitting on far more untapped oil and gas than previously believed, according to a new independent analysis commissioned by Offshore Energies UK (OEUK) and carried out by Westwood Global Energy Group. The study suggests there may be as much as 7.5 billion barrels still left in the North Sea—over 3 billion more than what the current government estimates reflect. This new understanding points to a major opening…

UK Government gives new environmental guidance for North Sea energy operators

New guidance from the UK Government gives clarity on environmental requirements for North Sea oil and gas developers, following Supreme Court ruling.New environmental guidance has been clarified for oil and gas operators in the North Sea.The new guidance clarifies what is expected of environmental impact assessments, including how the environmental impacts of proposed oil and gas projects in licensed fields should be assessed.Offshore developers…