Committees

Two committees have been formed to take over, maintain and develop existing schemes previously managed by Oil & Gas UK.

• The Technical Committee - to manage seabed information and dissemination systems and develop technological innovations when appropriate

• The Investment Committee - to advise the Board of FLTC on endowment fund investments to generate revenue for Company activities.

Additionally The Technical Advisory Group has been formed. This consists of 37 members and its role is to advise the Technical Committee about the effective management of marine information systems for fishermen in relation to oil and gas related structures and equipment in U.K. waters. The Technical Advisory Group also performs an ambassadorial and representative function for FLTC and FLTCS.

The Terms of Reference of the Technical Committee, the Investment Committee and the Technical Advisory Group areas follows: