UK's New Oil, Gas Authority Appoints Key People
OGA Chief Executive, Andy Samuel said in a statement:
"I am very pleased to confirm these senior leadership appointments and I’m excited to be welcoming such a talented and experienced group of professionals to the Oil and Gas Authority (OGA).
"Given the many challenges currently facing our industry my priority was to move quickly to establish the OGA as a strong and effective regulator. The creation of this high-caliber leadership team is an important milestone.
"We will continue to develop the organisation in the coming months, increasing our capability but remaining ruthlessly focused on those priorities that will help maximize economic recovery of the country’s oil and gas resources and the wider benefits this delivers for the UK.
"The OGA continues to receive excellent support and engagement from government and industry, and we will work hard to maintain and build on our position as an effective regulator, trusted advisor and catalyst for change."
UK energy industry trade body Oil & Gas UK said it welcomed the appointments.
"The Wood Review recommended a new well-resourced regulator to work alongside HM Treasury and the industry in a tri-partite approach to maximize economic recovery of the UK’s oil and gas resources so we are extremely encouraged that the recruitment of the OGA’s senior leadership team is now complete," Oil & Gas UK Chief Executive Deirdre Michie said in a statement from the organization.
"We are at a critical stage in the history of UK offshore oil and gas development and bold steps need to be taken now to ensure strong activity continues into the future. This is a mature province which urgently needs to overcome severe cost and efficiency challenges to restore competitiveness, attract investment and drive growth across the supply chain. Oil & Gas UK is ready, to engage with and support the OGA in effectively bringing on the change that is so urgently required."
The OGA is designated an Executive Agency of the Department of Energy and Climate Change. It is expected to become a government-owned company in October 2016 after key legislation has been passed.
View Full Article
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- ITEM Club: More Jobs Losses Expected in NE Scotland due to Oil Slump
- Shell Q&A: What Makes an Ideal Employer in Oil, Gas?
- Shell Takes First Place in Rigzone's Inaugural Ideal Employer Survey
- UK Government 'Must Recommit' to Oil, Gas Sector in Autumn Statement
- UK Government Gives Go-Ahead for Fracking in NW England