North Sea firms eager to see OGA crack whip as regulator opens new chapter

Rather than quaking at the prospect of being slapped with a fine, North Sea firms are glad the Oil and Gas Authority (OGA) has been armed with new powers, the regulator’s boss said.

OGA chief executive Andy Samuel said companies had every right to ask the regulator to wield its newly-bestowed arsenal against their counterparts to resolve disputes quickly.

But Mr Samuel also said he was more encouraged firms were displaying the right attitudes than was the case a few months ago, and hopes not to have to start using a stick where a carrot should suffice.

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