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NSTA

company 1 Deal 1 Partner

The North Sea Transition Authority (NSTA) is a UK government body responsible for regulating and promoting the oil, gas, and carbon storage industries in the UK Continental Shelf, driving the energy transition towards net zero through offshore wind, hydrogen, and carbon capture projects.

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Founded 2015 Parent: Department for Energy Security and Net Zero (DESNZ)
Government Regulatory BodyGovernment

Strategic Overview

  • Maximising the economic recovery of oil and gas from the UK Continental Shelf while supporting the transition to net zero.
  • Promoting and enabling carbon capture and storage (CCS) projects.
  • Facilitating the development of offshore wind and hydrogen infrastructure.
  • Ensuring responsible decommissioning of oil and gas infrastructure.

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Deal Activity from Public Sources

Award of 27 new oil and gas licenses in the UK Continental Shelf as part of the 33rd Offshore Licensing Round
Licensing Round Oil & Gas United Kingdom October 2023
Award of 21 new carbon storage licenses in the UK Continental Shelf, significantly expanding carbon capture and storage potential
Licensing Round Carbon Capture & Storage United Kingdom August 2023

Investment Focus

Technologies
Other1
Geography
United Kingdom1

Key People

Stuart Payne
Chief Executive Officer
Tim Eggar
Chair

Track Record

9
Years Active

Detailed Analysis

Technologies
Oil & GasCarbon Capture & StorageOffshore WindHydrogen
Sectors
Energy TransitionUtilities
Geographies
United Kingdom
Deal Stage
GreenfieldBrownfieldOperating

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