WHO ARE WE?
North Sea Core CIC is an initiative set up in November 2018 in response to the release of core material by energy companies through the relinquishment, abandonment and decommissioning of fields on the UK Continental Shelf. It is recognised that core material provides an incredible resource for understanding the subsurface and it is invaluable to geologists. Rather than seeing this important part of our offshore geoheritage fall into disuse or be discarded, we collect, transform and upcycle core material for use by the geological and wider scientific community.
All core is donated from company samples, not from material held in the British Geological Survey collection. We provide core for education and science outreach, with considerations made for those facing financial hardship. We also supply to individuals and commercial organisations. For more information please check our Core Material or Contact Us.
WHAT IS A CIC?
In May 2020 we became a Community Interest Company (CIC), which is a type of limited company set up for social enterprises who have specific social objectives. The main difference between this and more traditional limited companies (Ltd.'s) is the legal clause known as an "Asset Lock", which defines what happens to any profits made.
Due to the asset lock, all profits made by North Sea Core CIC are reinvested into the company and used to benefit the Geoscience community, rather than divided between directors. This also means that if North Sea Core CIC were to cease trading, all of our remaining assets and profits would be transferred to another Community Interest Company or Charity, rather than being a final payment to the directors.
North Sea Core CIC remains a mostly volunteer run initiative and most work is undertaken in the free time of our team. This may result in a delay in messages or providing material. Please note any views expressed are our own and not those of employers, societies we may be affiliated with, sponsors or donating companies.
ONE-DYAS TO SPONSOR NORTH SEA CORE CIC
We are excited to welcome out first operator sponsor, ONE-Dyas! ONE-Dyas is a privately owned Dutch exploration and production company with a North Sea focus, who have learning and sharing knowledge at the core of their business. They will be helping to support our work for the next two years!
NEW HOMES FOR OLD CORE
Our goal is to make geoscience accessible and available to everyone through through physical and digital core material. So far North Sea Core CIC has distributed material for education, training and display across the world.
Take a look at our map to find out more!