U.K. TO STREAMLINE FIELD APPROVALS

The U.K. Department of Trade and Industry (DTI) will loosen its regulatory grip on field development and production in measures to be implemented during the next 6 months. Operators who show good field management practices will have greater freedom to exploit fields to suit their commercial interests and the national interest, said Energy Minister Tim Eggar. "The overall effect will be to bring about a more streamlined system for approving field developments," he said. Here are the main

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