Wednesday, 18 January 2023 00:02
UK concludes offshore bidding round with 115 bids from 76 companies to help offset LNG and pipeline imports
The UK’s North Sea Transition Authority (NSTA) has concluded its offshore bidding round for oil and gas exploration and production licences as the nation reaches a crisis point in securing future energy needs amid rising deliveries of imported LNG as well as pipeline gas volumes from Norway.
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