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02 May 2019

The North Sea revival interview: Mike Tholen, upstream policy director, Oil and Gas UK

In developing the Vision 2035 initiative to “bring a new generation of productive life” to the UK Continental Shelf (UKCS), the oil and gas industry’s regulator, the OGA, and its trade association, Oil & Gas UK (OGUK), have formulated ambitious targets for a basin that some had written off as history. OGUK’s Upstream Policy Director Mike Tholen describes how the initiative has been received, insists there is still good money to be made by existing and new investors, and urges the government to continue providing a stable regulatory framework and fiscal regime. “Keep constant, keep steady, keep challenging – and we will deliver,” he says.


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