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A5 Overview 2024

The North Sea is changing. What was an oil and gas province is becoming an integrated energy basin. Oil and gas will still play a significant role, but offshore wind, carbon storage and hydrogen will all become more prominent as the UK aims to reach net zero by 2050.

Commercial good practice

The NSTA recognises the need for improved collaboration and a reduction in the commercial and legal complexity of working in the UKCS and has challenged industry to find ways to simplify the complexity and significantly reduce the time required for commercial and legal negotiations.