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.
Hundreds of demonstrators gathered in Whitehall to demand a rethink of the approval for the controversial Rosebank offshore development.
Ithaca Energy (LON: ITH) has paused its efforts to electrify assets in the West of Shetland, Energy Voice understands.
Other recent projects had a gap of two weeks.
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.
With Teal West and Victory expected to follow, Rosebank could be part of a 'bumper year' for UK FIDs in 2023.
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.
There are three primary grounds for any potential challenge to Rosebank.
Anti-fossil fuel activists have launched spontaneous protests at government buildings London following the approval of the Rosebank oil field.
Equinor was asked that key question during a media briefing on the Rosebank oilfield on Wednesday.
Scotland’s First Minister Humza Yousaf said the approval of west of Shetland oilfield did not represent ‘climate leadership’.
Meanwhile 2030 "is the earliest time" electrification could be achieved - years after first oil.
"We need more projects like Rosebank," says Offshore Energies UK, following news the project received has received the green light from the regulator.
TechnipFMC, Odfjell Drilling and Altera Infrastructure have been big contract winners at the Rosebank oilfield.
Equinor has taken a final investment decision with partner Ithaca Energy.
Analysts have questioned the feasibility of electrifying major Central North Sea assets given the maturity of the area.
The West of Shetland Electrification Project programme manager, Daniel Sprich, discussed plans to source power for three major developments from onshore at an NSTA seminar.
Equinor (OSLO: EQNR) is still on track to approve the Rosebank oilfield in the West of Shetland this year, the UK boss of Equinor has said.
The chair of Ithaca Energy has talked up the economic benefits of backing the Cambo and Rosebank projects for local economies, including a potential high street resurgence.
But he wouldn’t comment on Equinor’s Rosebank oilfield, which is still awaiting government approval.
Activists from campaign group Fossil Free London hung a banner calling for a halt to the Rosebank oil field on Monday morning ahead of MPs’ return to parliament.
Scotland's first minister Humza Yousaf has said he is "not convinced" by Equinor's controversial Rosebank oil field.
Dozens of MPs have voiced opposition to approval of the Rosebank oilfield in a letter to the UK Government.
"We need a stable and sensible fiscal environment,” said Harbour Energy’s CEO, in order to have confidence to invest long-term.
Scotland’s minister for small business, trade and innovation says that should also be the case for licensed fields, like Cambo and Rosebank.
Support for Carbon Capture and Storage (CCS) is planned as part of the UK Government’s upcoming Energy Week.