May 3, 2024 · The UK’s North Sea Transition Authority (NSTA) offered on Friday another 31 licenses for North Sea exploration in the final tranche of the 33rd oil and gas licensing round. 2 Licensing The exclusive rights to search and bore for petroleum in Great Britain, the territorial sea Oct 30, 2023 · Quicker-to-production areas chosen to aid UK energy security. The uptake was positive and broadly similar to results in previous “mature” rounds. The North Sea Transition Authority (NSTA) is inviting applications for Oct 7, 2022 · UK energy security will be significantly boosted with the launch of the 33rd oil and gas licensing round later today. One of the applications builds upon Orcadian’s viscous oil experience, and is focused on a discovery with a very large oil in place (c. PGS data covers areas offered for award in Tranche 3 of the UK 33rd Round, announced last week by the NSTA. 1 Background and purpose The plan/programme covering this (and potential future) seaward licensing rounds has been subject to a Strategic Environmental Assessment (OESEA4), completed in September 2022. It said a new clause allowing oil and gas licences to May 8, 2024 · The latest tranche of awards in the UK’s 33rd oil and gas licensing round has raised questions about the extent of future acreage sales. Oct 31, 2023 · Serica Energy Co. Dec 18, 2023 · Update of 33 rd Licensing Round. Jan 17, 2023 · The United Kingdom’s 33rd offshore oil and gas licensing round, which was launched to strengthen the country’s energy security amid the current energy crisis, has attracted a total of 115 bids across 258 blocks and part-blocks from 76 companies, as outlined by the UK regulator, North Sea Transition Authority (NSTA). In total, the North Sea Transition Authority (NSTA) received 115 applications from 76 companies for 258 blocks/part-blocks when the application window closed on 12 January 2023. The licences offered in the round would be expected to add an estimated 600 mmboe up to 2060, or 545 by 2050. In all three tranches Feb 6, 2024 · Shell, Equinor, bp, Total and NEO are among the 17 separate companies which were offered a total of 24 licences in the second tranche of the 33rd oil and gas licensing round on 31 January. Orcadian Energy plc ("Orcadian Energy", "Orcadian" or the "Company") May 15, 2023 · The North Sea Transition Authority ("NSTA") has announced that Britain's first oil and gas exploration licensing round since 2019 attracted 115 bids from 76 companies. 900 MMbbl May 3, 2024 · The UK confirmed new licences this morning allowing oil and gas companies to explore in parts of the North Sea previously allocated for offshore wind power. The North Sea Transition Authority (NSTA) is today (14 June) launching the UK’s first-ever carbon storage licensing round with 13 areas of exciting potential available. Share If we manage to hit 0. According to Offshore Energies UK (OEUK), hundreds of blocks could be offered for new oil and gas exploration and production (E&P) licenses. AIM-listed Orcadian Energy has confirmed that the North Sea Transition Agency ('NSTA') announced on Friday 3rd May a further tranche of licence awards in the 33rd Round. Developed with Magseis Fairfield, this 1,650 km 2 of data delivers subsurface images of unprecedented quality in the most challenging areas of the UK Central North Sea. The 33rd UK Offshore Licensing Round officially opened on 7th October 2022 and closed for applications for licences on 12 January 2023. Oct 7, 2022 · LONDON — The North Sea Transition Authority (NSTA) has opened Britain’s 33rd offshore licensing round, with 898 blocks and part-blocks on offer in the North Sea. The North Sea Transition Authority (NSTA) is inviting applications for licences to explore and potentially develop 898 blocks and part-blocks in the North Sea which may lead to over 100 licences being awarded. Orcadian Energy plc. 050, bottom is well and truly in technically. May 7, 2024 · PGS data covers areas offered for award in Tranche 3 of the UK 33rd Round, announced last week by the NSTA. North Sea production has received a significant boost today (30 October) with the offer of 27 new licences in Oct 30, 2023 · The 33rd Oil and Gas Licensing Round was launched in October 2022 with 931 blocks and part-blocks made available for application. One of the applications builds upon Orcadian's viscous oil experience, and is focused on a discovery with a very large oil in place (c. Importance of country’s 33rd licensing round is in focus for reversing decline in drilled Oct 7, 2022 · UK government has launched the 33rd offshore oil and gas licensing round, making 898 blocks and part-blocks available in an effort to boost the country’s energy security amid the current energy crisis. Further north, the latest tranche of NSTA 33rd licensing round sees Dec 18, 2023 · Orcadian Energy has announced an update on the Company's 33rd Licensing Round applications. Jan 31, 2024 · The licences are part of the second tranche of the North Sea Transition Authority's (NSTA) 33rd oil and gas licensing round. All awarded blocks have undergone the initial Habitat Regulation Assessment (HRA) since the 33rd oil and gas licensing round was launched October 2022. A total of 82 offers to 50 companies have now been made in the round which attracted 115 bids from 76 companies across 257 blocks and part-blocks. (WO) — More than one hundred applications have been received for the UK’s 33rd offshore oil and gas licensing round, according to the North Sea Transition Jun 14, 2022 · A diverse portfolio of sites is available across the UK Continental Shelf. As announced on 19 January 2023, the Company made three licence applications, two in partnership with other companies and one on its own. 's 33rd oil and gas licensing round. The application window closed in January last year and 115 bids were received from 76 companies. subsidiary Tailwind Energy Chinook Ltd. That has angered environmental groups On top of >44,000 km 2 of high-quality PSDM data in the Northern North Sea, CGG has acquired approximately 26,000 km 2 of East-West 3D data in order to provide a dual-azimuth volume over the NVG. The government has stated that the Bill aims to achieve the following: Make the UK more energy independent and safeguard Oct 30, 2023 · The UK launched the 33rd Oil and Gas Licensing Round in October last year, with 931 blocks and part-blocks made available for application. A total of 898 blocks and part-blocks of acreage are Dec 18, 2023 · Update of 33rd Licensing Round. Industry body Offshore Energies UK (OEUK) said it strengthens energy security and May 7, 2024 · 07 May 2024. Shell secured a series of offers across the area, including around its operating Pierce and Jackdaw fields and the Shearwater hub. The first tranche offered May 3, 2024 · The licences are part of the third and final tranche of the North Sea Transition Authority's (NSTA) 33rd oil and gas licensing round, which has awarded a total of 82 licenses to 50 companies. The 33rd UK Offshore Licensing Round officially opened on 7 Oct 31, 2023 · The UK’s North Sea Transition Authority (NSTA) has revealed that a first batch of 27 licenses have been offered as part of the 33rd Oil and Gas Licensing Round. In October 2023, 27 new licences were awarded as part of this licensing round. Aker BP UK will hold the remaining 50 percent in the licensed area. Oct 30, 2023 · The 33rd Oil and Gas Licensing Round was launched in October 2022 with 931 blocks and part-blocks made available for application. Today’s announcement is part of the NSTA’s wider efforts to support the UK’s energy security options, which includes the licensing of offshore gas stores and engagement with industry on opportunities to reopen closed wells. The North Sea Transition Authority (NSTA) has announced the 1st Tranche of awards from the 33rd UK Licensing round. For the sixth time the Norwegian Ministry of Petroleum and Energy has announced acreage for CO 2 storage on the Norwegian Continental Shelf, and in 2022, the NSTA commenced the first carbon storage licensing round, awarding offshore acerage for CO 2 appraisal and storage licensing as part of UK decarbonisation incentives. 055 - 0. Finder Energy has received offer letters from the North Sea Transition Authority (NSTA) notifying that it has been successful in winning two licences in the final tranche of awards in the 33rd UK Offshore Licensing Round. ’s 33rd oil and gas licensing round for 17 separate companies among which are Shell, Equinor, BP, TotalEnergies and NEO. Jan 19, 2023 · 19 January 2023. Jun 21, 2022 · To enable diversity and security of energy supply, the UK government are inviting applications for licensing opportunities in offshore wind, oil & gas, carbo The UK 33rd Licence round is now open, watch this video to find out more and see how TROVE can help you screen opportunities quickly!We've identified 238 dis Oct 7, 2022 · Credit: PA. The 33rd North Sea Oil & Gas Licensing Round, which launched in October, saw 898 blocks and part-blocks offered with the UK Government targeting the award of 100 petroleum Mar 1, 2024 · The 33rd Licensing Round opened in October 2022 with more than 900 blocks being made available. The industry regulator, the North Sea Transition Authority (NSTA), offered 31 licences in the most recent phase of the 33 rd round. Making complex easy. But arguably the biggest announcement was the UK government’s review into its licensing regime as part of the wider decided to offer 931 Blocks or part-Blocks for licensing as part of a 33rd Seaward Licensing Round covering areas of the UK Continental Shelf (UKCS), and applications were received for licences covering 258 Blocks or part-Blocks. The licenses offered in the round would be May 21, 2024 · We regulate the licensing of exploration and development of the UK’s offshore and onshore (England only) oil and gas resources, gas storage and unloading activities in accordance with the strategy. One of the applications Sep 22, 2022 · She said: “The UK Government has announced that it has reviewed the Climate Compatibility Checkpoint and that a 33rd Offshore Licensing Round would be compatible with the UK climate objectives. After that round, a review into future offshore oil May 3, 2024 · A total of 31 awards have been made in the latest phase of the UK’s 33rd offshore oil and gas licensing round. There have been more than 30 UK licensing rounds since the May 31, 2024 · Blocks offered in Mozambique's 6th licensing round; Map of deepwater Suriname blocks available in 2022-2023 round; Alaska annual leasing trends; OALP-IX Blocks on offer; The UK's 33rd offshore licensing round - a visual summary; ANP estimates of oil in place and chance of success; Pre-salt blocks in Brazil's "open acreage" round Oct 30, 2023 · October 30, 2023. The government had put the licensing process on hold since 2020 pending the results of the consultation, which outlined Jan 17, 2023 · LONDON — Britain’s North Sea Transition Authority (NSTA) received more than 115 applications from 76 companies for the UK’s 33rd offshore oil and gas licensing round, which closed last week. Potential Award of Blocks in the 33rd Seaward Licensing Round: Appropriate Assessment 6 2 Licensing and potential activities 2. Map kindly supplied by Westwood Energy Global. Covering two highly prospective areas, the Cornerstone OBN survey delivers new insights for continued development of existing fields and plays. L) New Tab Oct 7, 2022 · UK energy security will be significantly boosted with the launch of the 33rd oil and gas licensing round later today. Feb 1, 2024 · The 33rd Licensing Round opened in October 2022 with more than 900 Blocks being made available. Even though the West of Shetland does hold more oil than gas prospective volumes, there is a good number of sizeable gas prospects in this relatively unexplored part of the UKCS, and Oct 30, 2023 · DNO, the Norwegian oil and gas operator, has announced that its wholly-owned subsidiary DNO North Sea (U. Successful bidders included Shell (SHEL. Of the blocks issued in the 29th, 30th and 31st licensing rounds, 93%, 80% and 87% have been relinquished respectively. The application window closed in January 2023 with 115 bids coming in from 76 companies, demonstrating the ongoing appetite within industry to explore the UK Continental Shelf. 1 Licensing The exclusive rights to search and bore for petroleum in Great Britain, the territorial sea adjacent to the United Kingdom and on the UK Continental Shelf (UKCS) are vested in the Insights. These covered 258 blocks and part-blocks. To encourage production as quickly as possible, the NSTA identified four priority cluster areas in the Southern North Sea, which have known hydrocarbons, are close to infrastructure and have the potential to be Jan 17, 2023 · More than 100 bids have been lodged for the UK’s 33rd offshore oil and gas licensing round, the industry regulator has confirmed. Analysts have warned the long-delayed results of the UK’s 33rd licensing round could see developers hand back the North sea licences awarded to them. The Appropriate Assessment (AA) covering the Blocks applied for in the 32nd Seaward Licensing Round has now been issued for a 6-week period of public consultation. Our latest YouTube video describes the first Carbon Storage licence Round, the oil & gas 33rd licence round, two offshore wind licence rounds and the Bains & Rough gas storage applications. Baron Oil Plc (AIM:BOIL) announces that it has been informed that its application, as a joint venture non-operating partner, in the UK offshore 33rd Round of licensing, conducted by the UK North Sea Transition Authority ("NSTA") (the "Licensing Round "), has been unsuccessful and consequently Sep 23, 2022 · The latest offshore oil and gas licensing round will kick off early next month, after ministers gave long-awaited clarity about the UK's climate compatibility checkpoint. The new carbon storage areas, alongside the six licences which have been issued previously, could Oct 30, 2023 · Central North Sea licence offers in the 33rd Licensing Round. The post Long wait for North Sea licensing round risks developers rejecting offers appeared first on Energy Voice. was awarded 100% interest in UK Block 29/2a in the UKCS 33rd Offshore Licensing Round. Launched in October 2022, the licensing round offered a total May 6, 2024 · May 6, 2024. . The North Sea Transition Authority (NSTA) revealed on Tuesday Jan 17, 2023 · World Oil Staff January 17, 2023. Baron Oil Plc. The UK has started a new licencing round for oil and gas exploration despite the government's pledge to achieving its net zero target. This morning the North Sea Transition Authority (NSTA) awarded 27 new licenses in areas offshore UK that are prioritized due to their potential for accelerated production. 31 July 2023 Oct 7, 2022 · UK energy security will be significantly boosted with the launch of the 33rd oil and gas licensing round later today. There have been more than 30 UK licensing rounds since the The 33rd licensing round opened in October 2022 with more than 900 blocks being made available. Our registered office is at Sanctuary Buildings, 2Great Smith Street, 0 London, SW1P 3BT. . (“Orcadian Energy”, “Orcadian” or the “Company”) 33rd Licensing Round Offer of Award. On January 31, 2024, NSTA unveiled the offers that range across 74 blocks and part-blocks in the Central North Sea, Northern Feb 25, 2020 · Consultation description. The licensing process May 3, 2024 · The North Sea Transition Authority (NSTA) has offered further 31 exploration licenses in the latest phase of the U. Business and Energy Secretary Jacob Rees-Mogg has May 6, 2024 · PGS data covers areas offered for award in Tranche 3 of the UK 33rd Round, announced last week by the NSTA. More will follow in the coming months, the North Sea Transition Authority (NSTA) has said. 33rdPetroleum Licensing Round. The licensing round was formulated in compliance with the Climate Compatibility Jun 1, 2024 · Cornerstone OBN. Oct 30, 2023 · ABERDEEN, UK— Britain’s North Sea Transition Authority (NSTA) has offered an initial 27 licenses under the UK’s 33rd Oil and Gas Licensing Round in the central and northern North Sea and west of Shetland. May 6, 2024 · “The 32nd Offshore Licensing Round offered 113 licenses over 260 blocks or part-blocks to 65 companies, the 31st Round, which focused on frontier areas, offered 37 areas over 141 blocks or part May 7, 2024 · 07 May 2024. Long wait for North Sea licensing round risks developers rejecting offers. Sep 5, 2023 · Blocks applied for in the UK 33rd Licensing Round (pink), superimposed by mapped oil (green) and gas (red)prospects. The new round, which opened last October, included four priority areas with known hydrocarbons. With the UK government looking toward fast-track production, the NSTA has identified four priority cluster areas in the southern North Sea, all close to infrastructure, and will seek to award licenses in these areas ahead of others. Baron Oil Plc ("Baron", or the "Company") Update re. Jan 8, 2024 · There are currently no fixed terms for North Sea licensing rounds, and the first permits dished out as part of the 33rd round last year were the first such awards in three years. ” If you’re thinking this doesn’t sound like a proper assessment of the climate impact… you’re right. The round has so far licensed exploration activity with the potential to add around 600 million barrels of oil equivalent (mmboe) up to 2060, or 545 mmboe by 2050. Internal NSTA analysis shows that the average time between licensing and first production is now close to five years, which means that licences awarded now could be Potential Award of Blocks in the 33rd Seaward Licensing Round: Appropriate Assessment 1 1 Introduction 1. 1. com May 3, 2024 · the latest phase of the 33rd oil and gas licensing round. Oct 30, 2023 · This was the highest participation since the introduction of the Innovate Licences in 29 th Round in 2016/17. from 76 companies across 257 blocks and part-blocks. More blocks will be offered subject to additional environmental checks. See full list on energyvoice. Today’s announcement is part of May 3, 2024 · A map showing licences issued by the NSTA in the Central North Sea as part of the third tranche of the 33rd licensing round. May 6, 2024 · 7 May 2024. NSTA has indicated that Orcadian Energy will be o ffered a further licence in the Southern North Sea ('SNS') in addition to the two Central North Sea ('CNS Nov 2, 2023 · The 33rd UK Offshore Licensing Round opened on 7th October 2022 and closed for applications on 12th January 2023. The UK government’s North Sea Transition Authority (NSTA) on Monday awarded 27 new licences in the 33rd oil and gas licensing round in areas prioritised because they have the potential to be Jun 5, 2024 · Carbon storage licensing. Across quads 211 and 003 of the UK sector on offer for the 33rd licensing round, latest data acquired perpendicular to the strike, and with a triple Jan 17, 2023 · The round is a key part of the NSTA’s drive to support UK energy security, which also includes licensing the Rough gas storage facility, and encouraging operators to look at reopening closed wells. Approved earlier this month by Prime Minister Liz Truss, the North Sea Transition Authority is now moving "at pace" to open the 33rd licensing round - the first since 2020. A total of 82 offers to 50 companies have now been made in the round which attracted . The North Sea Transition Authority (NSTA) announced on 3 May 2024 that is has offered a further 31 licenses in the third and final phase of the 33rd Seaward Licensing Round. A total of 32 licences, five of which will be merged with current licences, have been offered to 19 companies, including 14 as operator, with Shell, NEO Energy and Ithaca receiving the most awards. So far over half (56%) of the blocks awarded in the 32nd licensing round have also been relinquished, with more expected to follow. Offered in this tranche were 29 new licenses and two merges. May 7, 2024 · 7 May 2024. Oil and gas currently contribute around three quarters of domestic energy needs and official forecasts show that, even as demand is reduced, they Jul 31, 2023 · Publication of final 33rd Seaward Licensing Round appropriate assessments. ) has been awarded a 50 percent operated interest in Blocks 9/9f, 9/10c, 9/14c and 9/15d in United Kingdom’s 33rd Offshore Licensing Round. Tune in to see our reaction and comments The UK 33rd Offshore Licensing Round has yet to be officially announced, but we can reveal all the blocks & opportunities that have been applied for! This includes almost 3bn barrels in Jan 4, 2024 · The latest (33rd) licensing round was launched in October 2022 following the introduction of a Climate Compatibility Checkpoint in September 2022. 900 MMbbl) (“First Licence Oct 19, 2023 · Successful licensing round critical in reversing decline of UK oil and gas and boosting energy security. Dec 18, 2023 · 33 rd Licensing Round Update Update of 33 rd Licensing Round As announced on 19 January 2023, the Company made three licence applications, two in partnership with other companies and one on its own. K. The application window closed in January 2023 with 115 bids from 76 companies. The awards follow the 27 licences offered in the first allocation made in October last year. Feb 1, 2024 · The North Sea Transition Authority (NSTA) has offered 24 licenses in the second tranche of the U. 16 August 2023. The consultation period has been extended to end on 15th September rather than 30th August 2023. UK 33 rd Offshore Licensing Round. ("Baron", or the "Company") UK 33rd Offshore Licensing Round and Asset Update. Dec 18, 2023 · RNS Number : 0700X Orcadian Energy PLC 18 December 2023 18 December 2023. Baron Oil Plc (AIM:BOIL), the AIM-quoted oil and gas exploration and appraisal company, is pleased to announce that, as a joint venture non-operating partner, it has submitted an application in the UK offshore 33rd Round of licensing London Stock Exchange | London Stock Exchange null Sep 22, 2022 · Business Secretary Jacob Rees-Mogg said that “having reviewed the results of these tests in the context of a 33rd licensing round, it has been decided that a 33rd licensing round is compatible with the UK’s climate objectives. First to be awarded from 115 applications – the highest number since 2016/17 29th Licensing Round. Sep 8, 2020 · On 3 September 2020, the UK’s Oil and Gas Authority offered out 113 licences to 65 companies as part of its 32nd Offshore Licensing Round. Oct 31, 2023 · The licences, awarded in the UK’s 33rd licensing round, are located in the central and northern North Sea, and west of Shetland. NSTA has indicated that May 7, 2024 · 7 May 2024. Brilliant minds finding solutions to complex problems, made easy to understand. The North Sea Jan 31, 2024 · The UK oil and gas regulator has issued 24 new North Sea exploration licences as part of its latest Licensing Round, with oil majors Shell, BP and TotalEnergies among the winners. Oct 31, 2023 · On 30 October 2023, the NSTA announced the offers of awards in the first tranche of the 33rd Offshore Licensing Round. To enable diversity and security of energy supply, the UK government are inviting applications for licensing opportunities in offshore wind, oil & gas, carbon capture and gas storage. Orcadian Energy (AIM:ORCA) is pleased to confirm that the North Sea Transition Agency (“NSTA”) announced on Friday 3 rd May a further tranche of licence awards in the 33 rd Round. The awards are in areas prioritized due to their potential to go into production more quickly than others. NSTA has received 115 applications from 76 companies for The North Sea Transition Authority is the business name for the Oil & Gas Authority, a limited company registered in England and Wales with registered number 09666504 and VAT registered number 249433979. Sep 23, 2022 · The government said on Thursday it is aiming to launch the round — the UK’s 33rd — in October, part of a plan unveiled two weeks ago by new Prime Minister Liz Truss to bolster energy Potential Award of Blocks in the 33rd Seaward Licensing Round: Appropriate Assessment 1 1 Introduction 1. Oct 7, 2022 · The North Sea Transition Authority (NSTA) has fired the starting pistol on the 33rd oil and gas licensing round, the UK’s first since 2019. Baron Oil Plc (AIM:BOIL) announces that it has been informed that its application, as a joint venture non-operating partner, in the UK offshore 33rd Round of licensing, conducted by the UK North Sea Transition Authority ("NSTA") (the "Licensing Round "), has been unsuccessful and consequently May 22, 2024 · Award of new licenses in UK 33rd licensing round. Offered in this tranche were 29 new licenses and Oct 30, 2023 · The 33rd Oil and Gas Licensing Round was launched on 7 October 2022 with 931 blocks and part-blocks made available for application. Senior Research Analyst for North Sea Upstream at Wood May 3, 2024 · The vast majority of licences issued in any round are subsequently relinquished. The North Sea Transition Authority (NSTA) announced on 3 May 2024, that is has offered a further 31 licenses in the third and final phase of the 33rd Seaward Licensing Round. Sep 23, 2022 · It could now launch the UK’s 33rd offshore licensing round early in October. Announced on May 6, 2024 · The long-delayed results of the UK’s 33rd licensing round could see developers hand back the North sea licences awarded to them. 115 bids. UK Limited: Equinor UK Limited: Phase A ‐ Studies: Drill or Drop: 16/13b; Equinor UK Limited: Straight to Second Term: 21/2a; Ping Petroleum UK Plc: Straight to Second Term: 22/9b Ithaca Zeta Limited: Dana Petroleum (E&P) Limited: Merge with P2382: 22/29b; TotalEnergies E&P UK Limited: ENI UK Limited: Straight to Second Term: 22/30d; Shell U. This is the country’s first licensing round since 2019 when the 32nd round was launched. az eq lv cv hj ra qe su re is