Equinor given assurances Labour wont block Rosebank project, according to reports
Keir Starmer has further toned down the Labour party’s position on future North Sea oil and gas developments.
Rosebank Oilfield
Windfall Tax price floor: What difference will it make to the North Sea?
While it’s not a panacea - and may never actually kick into force - the windfall tax price floor could help with financing the $5bn of North Sea projects awaiting FID.
Podcast: ‘Rosebank and other new developments are absolutely critical’ says OEUK chief
Over half of UK's fields are expected to cease production in the next decade, underlining the importance of projects like Rosebank, argues David Whitehouse.
Fotla and a delayed Marigold project in the Ithaca Energy FID pipeline
Aside from the giant Rosebank and Cambo oilfields - the former expected to be sanctioned this year - there’s a pair of smaller projects in the FID pipeline for Ithaca Energy (LON: ITH).
Rosebank approval still on OPRED’s desk, confirms Ithaca
Ithaca was also asked about the UK political climate, and Equinor’s 80% share in Rosebank.
Upstream spending in the UK is bouncing back following COVID
UK upstream capital expenditure is up, showing a bounce back from the lull the industry experienced during the COVID pandemic.
NSTA to greenlight projects to produce over a billion barrels from UK waters
The UK regulator, North Sea Transition Authority, has held a meeting with operators in the region to develop 22 new energy projects that will deliver over a billion barrels.
Sunak says ‘absolutely no sense to not invest’ in Rosebank
Prime Minister Rishi Sunak has said it makes "absolutely no sense to not invest" in resources in the UK, as he faced questions over plans to develop the Rosebank oil and gas field.
EU Lawmakers call on UK to scrap Rosebank oilfield plan ahead of summit
A group of 40 European Union lawmakers have called on UK Prime Minister Rishi Sunak to scrap plans to develop the Rosebank oil and gas field ahead of an energy summit next week.
VIDEO: ‘Will you say no to Rosebank?’ Yousaf pushed on oil field stance
While in Dundee for the Scottish Trades Union Congress’s (STUC) conference, first minister Humza Yousaf was questioned on the SNP's green policies.
Jeremy Cresswell: It’s five minutes to midnight for energy sector
Five and a half years ago, production started from phase two of BP’s Clair field West of Shetland and thoughts at the company started turning towards phase three, Clair South.
Energy minister hosts ‘candid’ sector discussions during Aberdeen visit
The minister of state for energy security and net zero, Graham Stuart, visited Aberdeen this week to meet with industry leaders.
North Sea regulator challenges claim that Rosebank would blow UK’s carbon budget
The North Sea Transition Authority defended its analysis of upstream emissions as campaigners claim that approval of Rosebank field would exceed UK carbon budgets.
WATCH: Aberdeen protestors attack ‘bulls***’ CCS in wake of net zero strategy launch
Protestors gathered in Aberdeen on Friday to voice their discontent at the UK government's continued backing for fossil fuels within its net zero strategy.
Equinor boss wants Rosebank FID before Offshore Europe, as activists threaten ‘tidal wave’ of action
Arne Gurtner, Equinor's senior vice president for the UK, told an OEUK event that he wants the industry to be talking about FID on Rosebank by the time Offshore Europe rolls around.
‘Rebuilding confidence’: UK Gov expected to make windfall tax and CCS announcement in Aberdeen
"Energy security day" expected to include a revamped net zero strategy - though the venue of Aberdeen could change.
Appetite for investment: Equinor boss says Suncor deal shows ‘commitment to the UK’
Concerns around the windfall tax may see some companies look beyond the UK for M&A deals – but not Norway’s Equinor (OSLO: EQNR).
Equinor acquires Suncor North Sea business in $850m deal
Norwegian oil giant Equinor (OSLO: EQNR) has signed an $850m deal to acquire the UK North Sea business of Canadian firm Suncor (TSE: SU).
XR beams ‘Stop Rosebank’ message onto Valaris 121 rig in Dundee
Campaign groups projected messages calling for an end to new fossil fuels onto the rig, which has been the focus of a missing persons investigation.
Frankie Boyle calls on PM to reject plans for Rosebank oil field
Comedian Frankie Boyle and climate campaigner Vanessa Nakate have urged the Prime Minister to throw out plans to develop a new oil and gas field in the North Sea.
Odfjell Drilling eyes ‘exciting tenders’ in West of Shetland
And would they bring a rig to Aberdeen? “Yeah,” says CEO Kjetil Gjersdal.
Regulator asks Equinor for more info on Rosebank marine impact
The UK’s offshore regulator has asked Equinor for further information on the environmental impact of its proposed £8bn Rosebank development.
Sweet 16: The key North Sea projects due to come onstream before 2027
A host of major oil and gas projects dotted around the North Sea are due to start-up production in the next few years.
Protestors gather outside Equinor’s Aberdeen base after company posts record results
Demonstrators gathered outside Equinor’s (OSLO: EQNR) north-east base on Wednesday afternoon in opposition to the oil and gas company's “grotesque” profits.
Campaigners protest ‘immoral’ Equinor profits in London and Aberdeen
Climate campaigners intend to hold protests at the UK offices of energy giant Equinor (OSLO:EQNR) and the Norwegian embassy ahead of what are expected to be a further set of record profits.