OGA offers 123 new oil and gas licences

The Oil and Gas Authority (OGA) has offered a total of 123 exploration and production licences across the UK Continental Shelf (UKCS) to 61 companies.
It says the success of the 30th Offshore Licensing Round offers a strong platform for the industry’s future growth and will help transform the region’s activity levels.
It has made a total of 26,659 square kilometres available, split into 229 blocks – if all offers are taken up, this will mean a 50% increase on the existing area