Award of oil and gas licences under the 33rd licensing round
Today the oil and gas regulator, the North Sea Transition Authority, has announced the offer of 31 oil and gas licences under the 33rd oil and gas licensing round. The round was opened in October 2022 under Liz Truss’s government as part of its ‘dash for gas’. New licences add virtually nothing to the UK’s energy supply and do nothing to lower energy bills.