Wood Review Implementation Call for Evidence Stefanie Murphy – Head of Wood Review Implementation Team Launch Event 11 November 2014

Call for Evidence To ensure the OGA is a competent and influential regulator we will need to provide it with the tools and capabilities to make effective decisions, and to work with and influence the oil and gas sector in order to implement MER UK effectively. We have a genuinely open mind on the questions which will be discussed today and which are contained in the call for evidence document. It is very important that where possible, you provide examples of real world scenarios and evidence which would assist us in developing robust and practical policy. It is not our intention to reopen questions or the recommendations contained in Sir Ian Wood’s report. We are seeking views on the following areas:  The Maximising Economic Recovery Strategy  The OGA’s new powers and sanctions regime, including: Access to data Access to consortia meetings Dispute resolution process Sanctions regime  Governance of the OGA and interaction with industry  The cost recovery regime 2Wood Review Implementation Call for Evidence

Autumn Engagement Call for Evidence : The document is available online at the following address: the-wood-review-recommendationshttps:// the-wood-review-recommendations Responses can be submitted on the online call for evidence page: executive/wood-review-implementation-call-for-evidencehttps://econsultation.decc.gov.uk/decc- executive/wood-review-implementation-call-for-evidence Workshops As part of our Call for Evidence, we are holding stakeholder workshops on the following days:  19th November - Aberdeen  20th November - Aberdeen  21st November - London  26th November - Norwich  9th December - Aberdeen  11th December - London If you would like to attend a workshop, please to express your interest, detailing your name, current position and relevant experience. Places are limited and whilst every effort will be made to accommodate all those who wish to attend, it will be important to have a cross-section of representatives from across the Please also visit our Wood Review Implementation webpage implementation-team where further details on workshops will also be announced. implementation-team 3Wood Review Implementation Call for Evidence

Next steps: Milestone:Timescale: Call for Evidence opens6 November 2014 Launch Event11 November 2014 Workshops (1 st round)Mid-November 2014 Workshops (2 nd round)Early December 2014 Call for Evidence closes31 December 2014 Government responseSpring 2015 Executive Agency operationalApril 2015 Royal Assent for Infrastructure Bill (new powers in place) April/May 2015 (subject to Parliament) Policy developmentSpring 2015 First Session Bill ready for introduction to Parliament Summer Wood Review Implementation Call for Evidence