Project Pathfinder June Update: Where are the new projects in the North Sea?
June: There's project updates from Shell, Scottish Power, Perenco, IOG, Repsol Sinopec and Taqa across oil and gas and offshore wind.
June: There's project updates from Shell, Scottish Power, Perenco, IOG, Repsol Sinopec and Taqa across oil and gas and offshore wind.
Aside from the giant Rosebank and Cambo oilfields - the former expected to be sanctioned this year - thereโs a pair of smaller projects in the FID pipeline for Ithaca Energy (LON: ITH).
Ithaca was also asked about the UK political climate, and Equinorโs 80% share in Rosebank.
With further strikes by offshore workers set to begin this week, legal experts have warned of the potential โforce majeureโ impact on energy sector contracts.
In a wide-ranging interview ahead of the Energy Exports Conference, Sir Ian also pressed for faster pace on the development of carbon capture and storage, including the Acorn project.
Hundreds of North Sea contractors are set to down tools for two days as of this morning, though some negotiations have resumed on the strikes.