The six North Sea fields reportedly being ‘fast-tracked’ by UK Government

equinor rosebank — The Knarr FPSO will be used to produce the Rosebank field in the West of Shetland

The government will reportedly aim to fast-track approvals of key oil and gas fields this year, as the Chancellor pushes for continued North Sea investment.

The Daily Telegraph reported yesterday that Chancellor Rishi Sunak has asked Business Secretary Kwasi Kwarteng to fast-track licences amid Treasury fears over the economic impact of the country’s net zero drive.

The fields named include Rosebank, Jackdaw, Marigold, Brodick and satellites on the Catcher field, as well as the delayed Tolmount East development.

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