DESNZ is consulting stakeholders, including offshore oil and gas operators, owners of non-production installations, potential and current licensees, pipeline owners (collectively “the offshore hydrocarbons industry”) and other interested parties, on proposed hourly rates for 2026/27.
The rates are payable by the UK offshore hydrocarbons industry for specific activities related to environmental and decommissioning regulatory functions carried out by OPRED.
This consultation is a key step in updating the cost recovery regime, which governs how charges are applied for these functions across offshore oil and gas operations, offshore gas unloading and storage, and offshore carbon dioxide storage activities.
This consultation closes on 13 March 2026.
Source: DESNZ, OPRED.