Analysis suggests Rosebank could be worth net $4bn to owners
New analysis suggests Equinor’s Rosebank project could be worth around $4bn to its shareholders, after tax.
Rosebank Oilfield
Lerwick Port chief hails Rosebank hub investment as ‘huge boost’ for Shetland
Jobs will be created at Lerwick Harbour which will host the main marine support hub for the oil and gas field.
Rosebank: Risk and reward underpinned by geology
Rosebank has been known as a complicated prospect to tap into many years - we speak to Professor Nicholas Schofield about the much-overlooked geology underlying this complexity.
Environmental groups launch legal challenges against Rosebank approval
Uplift and Greenpeace will challenge the decision to approve Rosebank on the basis of downstream emissions, legally binding net zero targets and impacts to marine life.
Equinor banks over $1bn in UK while paying $6m in taxes
Equinor has reported $1.87 billion in pre-tax income for its UK operations, while it paid out a total of $6 million in tax within the county.
2024: A lost year for North Sea FIDs?
Amid ongoing scorn over windfall taxes and a looming general election, the outlook for new project sanctions in the North Sea has remained cloudy throughout 2023.
Ithaca welcomes ‘strategic progress’ on Cambo, Rosebank in Q3
Ithaca Energy reported net income of $238.5 million (£190m) for the nine months ending 30 September, as farm-out discussions continue on key North Sea projects.
Greta Thunberg joins Fossil Free London to protest ‘whilst Sunak dines with the Lord Mayor’
Greta Thunberg, alongside Fossil Free London, staged protests outside of Guildhall in the City of London during the prime minister's speech at the Lord Mayor’s banquet.
Equinor eyes partial sale of Rosebank oilfield
Equinor (OSLO: EQNR) is looking to sell off a 20% share in Rosebank, making up a quarter of its existing stake in the UK's largest untapped oilfield.
Rosebank a “difficult decision” for Equinor CEO
“I believe developing Rosebank will be needed, as oil and gas will be needed in the energy transition. Our strategy is to develop oil and gas, renewables and low carbon solutions.”
Majority of Scots in favour of Rosebank oil field drilling, poll suggests
A majority of Scots back the decision to go ahead with drilling in the Rosebank oil field, a poll suggests.
Protests strike Energy Intelligence ahead of forum
The Oily money out campaign has said it does not expect those protesting to be arrested, but cannot rule it out.
What do we use it for? Looking at the UK’s non-energy oil demands
From toys to medical supplies, oil is everywhere in domestic UK life and it plays a key role in the country's transport.
From ‘angry and frustrated’ to ‘sense at last’: Shetlanders react to Rosebank oil field off their coast
Shetland has a long history of involvement in the North Sea oil and gas industry, and now the Rosebank oil field looks set to continue that history for decades to come.
Hundreds protest in London against Rosebank oilfield approval
Hundreds of demonstrators gathered in Whitehall to demand a rethink of the approval for the controversial Rosebank offshore development.
Ithaca hits pause on West of Shetland electrification involvement
Ithaca Energy (LON: ITH) has paused its efforts to electrify assets in the West of Shetland, Energy Voice understands.
Rosebank had three-month wait for regulator approval, documents reveal
Other recent projects had a gap of two weeks.
Video: Is Rosebank an industry dream come true or a climate nightmare?
The North Sea Transition Authority signed off on the ever-controversial Rosebank oil field this week and lit a tinderbox of political and environmental debate.
Rosebank approval was ‘litmus test’ for UK offshore sector
With Teal West and Victory expected to follow, Rosebank could be part of a 'bumper year' for UK FIDs in 2023.
Rosebank is ‘ray of light’ for Ithaca Energy
Approval of the Rosebank oilfield is a “ray of light” for projecy partner Ithaca Energy, an analyst has said, after the firm was forced to take write downs of £58m linked to the windfall tax.
Campaigners vow legal action over Rosebank approval – how likely is it to succeed?
There are three primary grounds for any potential challenge to Rosebank.
Rosebank approval sparks London protests
Anti-fossil fuel activists have launched spontaneous protests at government buildings London following the approval of the Rosebank oil field.
Rosebank: Where will the oil go?
Equinor was asked that key question during a media briefing on the Rosebank oilfield on Wednesday.
First Minister ‘disappointed’ at Rosebank field approval
Scotland’s First Minister Humza Yousaf said the approval of west of Shetland oilfield did not represent ‘climate leadership’.
Equinor ‘not tone deaf’ to emissions debate on Rosebank
Meanwhile 2030 "is the earliest time" electrification could be achieved - years after first oil.