UK frackers get more licences to explore
- 3 hours ago
- Business
The Oil and Gas Authority has awarded a raft of new licences to explore for oil and gas on the mainland of the UK.
The 93 licences to explore 159 blocks of land could pave the way for more controversial hydraulic fracturing, known as fracking.
Large parts of North East and the North West have been opened up for exploration.
There are also licence blocks in the Midlands, the South of England and Wales.
Around 75% of the exploration licences relate to shale oil and gas, which typically requires fracking.
The Oil & Gas Authority said a total of 95 applications for licences were received from 47 companies, covering 295 Ordnance Survey Blocks
Among the biggest winners were Ineos, with 21 licences, Cuadrilla, IGas and Southwestern Energy.
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