{"value":{"id":381637,"memberId":4117,"member":null,"memberRole":"Minister of State for Energy and Climate Change","uin":"HCWS38","dateMade":"2015-06-17T00:00:00","answeringBodyId":63,"answeringBodyName":"Department for Energy and Climate Change","title":"Establishment of the Oil and Gas Authority","text":"<p>I wish to inform the House that on 1 April 2015, whilst Parliament was prorogued, the Department of Energy and Climate Change (“DECC”) established the United Kingdom’s new arms’-length oil and gas regulator, the Oil and Gas Authority (“OGA”). Founding the OGA as an Executive Agency of DECC, represents a critical step in implementing the recommendations contained in Sir Ian Wood’s 2014 report (“Wood Review”) into maximising economic recovery from the United Kingdom’s Continental Shelf (“UKCS”).</p><p> </p><p>Subject to the passage of legislation in this Session of Parliament, I expect the OGA to transition from an Executive Agency of DECC to a Government-owned company.</p><p> </p><p> </p><p> </p>","house":"Commons","noticeNumber":1,"hasAttachments":false,"hasLinkedStatements":false,"linkedStatements":null,"attachments":[]},"links":[{"rel":"self","href":"/Statements/381637","method":"GET"}]}