UK: OGA announces update on approach to licence amendments
22 Jul 2021
OGA return to pre-COVID licence amendment approach
In response to the global COVID-19 pandemic which first affected the UK in early 2020, the
OGA announced in March 2020 that it would seek to ease the pressures on industry by taking a pragmatic approach to considering amendments to timelines.?
The OGA recommended that Operators/Licensees engage early with the OGA in a timely and evidence-based manner on specific licence requests. The OGA also deprioritised stewardship reviews, only holding such reviews with operators in relation to regulatory or materially significant matters.
The OGA committed to keep its approach to considering amendments to licence timelines under review to ensure continued fitness for purpose given the dynamic nature of COVID-19’s impact on the oil & gas industry, and the wider economy.?