The OGA Strategy
The OGA Strategy

The following Energy practice note provides comprehensive and up to date legal information covering:

  • The OGA Strategy
  • Background to the OGA Strategy
  • Scope and effect of the OGA Strategy
  • The central obligation
  • Supporting obligations
  • Governance
  • Exploration
  • Development
  • Asset stewardship
  • Technology
  • More...

Background to the OGA Strategy

The Petroleum Act 1998 (PA 1998), as amended by the Infrastructure Act 2015, places a duty on the Secretary of State to produce one or more strategies for enabling the principal objective of maximising the economic recovery of UK petroleum (MER UK) to be met. Following extensive consultation, the former Department of Energy & Climate Change (DECC) published its first strategy addressing how it would maximise the economic recovery of UK petroleum (the MER UK Strategy) on 18 March 2016 (the date it also came into force). On 14 July 2016, it was announced that DECC is to be merged with the Department for Business, Innovation and Skills to form the newly anointed Department of Business, Energy and Industrial Strategy.

PA 1998, s 9F creates an obligation on the Oil and Gas Authority (OGA) to review the MER UK Strategy at least every four years, requiring the OGA to produce a draft of any strategy revisions and consult on the same.

In compliance with this statutory obligation and in furtherance of its commitment to work closely with the government and industry to support the government’s legally binding commitment to reach net zero emissions by 2050 (the net zero target), the OGA published its Consultation on proposals to revise the MER UK Strategy on 6 May 2020 (see: LNB News 06/05/2020 17).

The

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