As energy prices rocket, a licensing round for oil and gas exploration around the UK has been launched.

The North Sea Transition Authority (NSTA) has launched its 33rd licensing round for the Southern North sea, the UK’s main gas basin, it says.

Welcoming the round, the East of England Energy Group (EEEGR) said it hoped to address security of supply for the medium to long term.

Martin Dronfield, Executive Chair, Opergy Credit - Opergy

Martin Dronfield, Executive Chair, EEEGR

Credit - consultants Opergy

“With a focus on energy security, our region is quite literally keeping the nation’s lights on, and heating our homes and businesses.” said executive chair Martin Dronfield. ”We really need to see a more integrated strategy for offshore energy developments across oil and gas, wind, hydrogen and carbon capture, and associated infrastructure, to really maximise the potential of our region’s skills and supply chain businesses.”