About: North Sea Transition Authority

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The North Sea Transition Authority (NSTA), known as the Oil and Gas Authority (OGA) until March 2022, is a private company limited by shares wholly owned by the Secretary of State for Business, Energy and Industrial Strategy. It is responsible for maximising the economic recovery of oil from the North Sea. It is empowered to license and regulate activity in relation to oil and gas in the United Kingdom, including oil and gas exploration, carbon capture and storage, and offshore gas storage. The NSTA’s role is to take the steps necessary to:

Attributes	Values
rdf:type	Thing company schema:Organization dul:Agent dul:SocialPerson agent wikidata:Q24229398 Organization Business enterprise organisation
rdfs:label	North Sea Transition Authority (en)
rdfs:comment	The North Sea Transition Authority (NSTA), known as the Oil and Gas Authority (OGA) until March 2022, is a private company limited by shares wholly owned by the Secretary of State for Business, Energy and Industrial Strategy. It is responsible for maximising the economic recovery of oil from the North Sea. It is empowered to license and regulate activity in relation to oil and gas in the United Kingdom, including oil and gas exploration, carbon capture and storage, and offshore gas storage. The NSTA’s role is to take the steps necessary to: (en)
foaf:name	Oil and Gas Authority (en)
foaf:homepage	https://www.ogauthority.co.uk/
name	Oil and Gas Authority (en)
dcterms:subject	Executive agencies of the United Kingdom government Department of Energy and Climate Change Regulators of the United Kingdom Department for Business, Energy and Industrial Strategy Energy regulatory authorities
Wikipage page ID	47479696 (xsd:integer)
Wikipage revision ID	1109169908 (xsd:integer)
Link from a Wikipage to another Wikipage	Carbon capture and storage Caroline Lucas Privately held company Scotland Energy Act 2016 England and Wales Department of Energy and Climate Change House of Commons of the United Kingdom Petroleum United Kingdom Dormant company Written ministerial statement Coming into force Chief executive officer Board of directors Common stock Companies Act 2006 Company formation Department for Business, Energy and Industrial Strategy Executive agencies of the United Kingdom government Tim Eggar Aberdeen Fracking North Sea Department of Energy and Climate Change Greenhouse gas emissions Greenpeace Greg Hands Hydrocarbon exploration Wood Group Regulators of the United Kingdom Department for Business, Energy and Industrial Strategy Energy regulatory authorities Greenwashing Ian Wood (businessman) Chairperson Secretary of State for Business, Energy and Industrial Strategy Statutory instrument (UK) Private company limited by shares Executive agency Fiscal year Natural gas storage Shareholder Trade name UK Continental Shelf UK government Economic regulator dbr:Wood_Review
Link from a Wikipage to an external page	http://www.woodreview.co.uk/ https://www.ogauthority.co.uk/
sameAs	North Sea Transition Authority North Sea Transition Authority
trading name	0001-04-24 (xsd:gMonthDay)
dbp:wikiPageUsesTemplate	dbt:Efn-lr dbt:Infobox_company dbt:Notelist-lr dbt:Ordered_list dbt:Reflist dbt:Short_description dbt:Start_date_and_age dbt:URL dbt:Use_dmy_dates dbt:UK-gov-stub
former name	Oil and Gas Authority Limited (en)
founded	2015-07-01 (xsd:date)
hq location	Scotland Aberdeen
key people	Tim Eggar (en) Andy Samuel (en)
owner	Secretary of State for Business, Energy and Industrial Strategy
type	Privately held company
has abstract	The North Sea Transition Authority (NSTA), known as the Oil and Gas Authority (OGA) until March 2022, is a private company limited by shares wholly owned by the Secretary of State for Business, Energy and Industrial Strategy. It is responsible for maximising the economic recovery of oil from the North Sea. It is empowered to license and regulate activity in relation to oil and gas in the United Kingdom, including oil and gas exploration, carbon capture and storage, and offshore gas storage. The NSTA’s role is to take the steps necessary to: 1. * secure that the maximum value of economically recoverable petroleum is recovered from the strata beneath relevant UK waters; and, in doing so, 2. * take appropriate steps to assist the Secretary of State in meeting the net zero target, including by reducing as far as reasonable in the circumstances greenhouse gas emissions from sources such as flaring and venting and power generation, and supporting carbon capture and storage projects. Established in April 2015 as an executive agency of the Department for Business, Energy and Industrial Strategy, on 1 October 2016 the Oil and Gas Authority was incorporated as a Government Company, with the Secretary of State for Business, Energy and Industrial Strategy the sole shareholder and headquartered in Aberdeen with another office in London, which is also its registered company address. As of the 6 March 2019, Tim Eggar is the chair. (en)
trading name	North Sea Transition Authority (21 March 2022-present)
prov:wasDerivedFrom	wikipedia-en:North_Sea_Transition_Authority?oldid=1109169908&ns=0
page length (characters) of wiki page	14715 (xsd:nonNegativeInteger)
former name	Oil and Gas Authority Limited (1 July 2015-11 July 2016) (en)
founding date	2015-07-01 (xsd:date)

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