UK launches offshore oil, gas licensing roundStaff Writer | July 28, 2016
The UK's Oil & Gas Authority announced the launch of the 29th Offshore Licensing Round with more than 1,200 blocks on offer on the UK Continental Shelf.
Exploration More than 1,200 blocks on offer
"The GBP20 million seismic campaign funded by this government has highlighted more of the opportunities that are still out there on the UKCS," Minister of State at the Department for Business, Energy and Industrial Strategy Lucy Neville-Rolfe said.
The majority of the 1,261 blocks on offer are in the West of Scotland area, with further blocks on offer in the Northern North Sea area and the Mid- North Sea High area, making these previously under-explored areas available.
The deadline for applications for the blocks is 1400 GMT on October 26. ■