Accelerated gas focus for new UK licensing round
Regulator designates four priority clusters in Southern North Sea for fast track
The UK’s 33rd licensing round, which launches at 6pm today, will inevitably be controversial in a country where a robust and vocal environmental lobby co-exists with hydrocarbons production. But regulator the North Sea Transition Authority (NSTA) looks to be aiming to tap into greater public appetite for secure domestic gas supplies to garner support for the new acreage awards. UK environmentalists have already shown their hand by warning that more licensing will not help solve the country’s so-called ‘gas crisis’ in the near term. But the NSTA has identified four priority cluster areas in the gas-rich Southern North Sea that have known hydrocarbons, are close to infrastructure and have the

Also in this section
15 May 2025
Financial problems, lack of exploration success and political dogma cause uncertainty across much of the region
14 May 2025
The invisible hand of the market has seen increasing transparency but much more needs to be done to build a better understanding
13 May 2025
A fall in Venezuelan output drives overall production lower, as Saudi Arabia starts to slowly bring more crude to the market
12 May 2025
With the gas industry’s staunchest advocates and opponents taking brutal blows, the sector looks like treading a path of insipid indifference