HC Deb 24 March 1975 vol 889 c45W
Mr. Marten

asked the Secretary of State for Energy whether we are authorised under the Community treaties to restrict exploration licences in the North Sea to British firms; and, if not, what steps were taken in the negotiations in Dublin to safeguard our position in this respect.

Mr. John Smith:

There is no need for such authority because it is not United Kingdom practice to restrict petroleum exploration and production licences to British-owned firms. Licensees are, how-over, required under present regulations to maintain their central management and control in the United Kingdom.