What is ICOP ?
The Infrastructure Code of Practice (ICOP) is a non-statutory code that sets out principles and procedures to guide all those involved in negotiating third party access to oil and gas infrastructure on the United Kingdom Continental Shelf (UKCS).
The purpose
Its purpose is to facilitate the utilisation of infrastructure for the development of remaining UKCS reserves through timely agreements for access on fair and reasonable terms, where risks taken are reflected by rewards.
The code
The Code has been developed by the UK Offshore Operators Association (the predecessor of Oil and Gas UK) in consultation with the UK Department of Trade and Industry (the predecessor of DECC - Department for Energy and Climate Change) and a wide range of other parties.
By their endorsement of the Code, parties make a commitment to be guided by its principles and procedures.
TotalEnergies E&P UK signed up to the principles of ICOP in 2004, when the Code was introduced.
