September 3, 2020

Commenting on the OGA’s announcement of the award offers in the 32nd Licensing Round

Katy Heidenreich, OGUK’s supply chain and operations director said:

“At a time when companies face huge pressures it is encouraging that our basin continues to demonstrate its attractiveness to a wide range of companies. This is a crucial element in unlocking the new investment that will help continue to meet UK energy needs and sustain jobs across our sector.
As a net importer of oil and gas it is critical that the UK continues to explore for and develop new resources in terms of energy security. Achieving this means we can continue to anchor our world-class expertise in the UK as our sector positions itself to play a key role in the transition to a lower carbon future as outlined in industry’s Roadmap 2035.”

Ends