Legal News

Energy Act 2016—changes in force on 1 October 2016

Published on: 29 September 2016
Published by: LexisPSL
  • Energy Act 2016—changes in force on 1 October 2016
  • Original news
  • What provisions come into force on 1 October 2016?
  • What are the key provisions in relation to the transfer of functions to the OGA?
  • What are the key provisions in relation to functions of the OGA regarding offshore petroleum?
  • What are the key provisions in relation to infrastructure and abandonment of offshore installations?

Article summary

Environment analysis: Provisions in the Energy Act 2016 (EnA 2016) coming into force on 1 October 2016 establish the Oil and Gas Authority (OGA) and give it the powers it needs to become a robust, independent and effective regulator, in keeping with the principle objective of the Petroleum Act 1998 (PA 1998) to maximise the economic recovery of UK petroleum (MER UK strategy), while retaining oversight of the decommissioning of oil and gas infrastructure and securing its re-use for transportation and storage of greenhouse gases. or take a trial to read the full analysis.

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