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Oil & Gas Authority sets out its aims

The newly-created Oil & Gas Authority will oversee the operations of UK North Sea producers as the province moves into a period of deeper decline. Petroleum Economist asks how it will achieve this

What are the next steps that the OGA must take, having filled its key executive posts?  Given the many challenges facing the industry, the OGA’s priority was to move quickly to establish itself as a strong and effective regulator. Its new leadership roles attracted significant interest and it announced the appointment of a high-calibre leadership team in early May. It will continue to develop the organisation in the coming months, increasing its capability but focused on providing value for money. It has set an overall headcount cap of 179 employees in order to avoid ‘mission creep’ and its intention is to build a strong, diverse and experienced team focused on delivery.  The OGA became an

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