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
2 June 2025
It is time to acknowledge that the US-Saudi Arabia nexus is driving a fundamental shift in OPEC strategy
2 June 2025
More than anything else, weak Chinese gas demand is providing relief to EU consumers, but it is uncertain how long this relief will last
30 May 2025
Energy majors argue transition debate has started to factor in the complexities of demand shifts and the wider role for gas
29 May 2025
Sovereignty is the watchword for the new government, but there are still upstream opportunities for those willing to work closely with the state