UK’s Prime Minister Likely to Not Block Rosebank Oil and Gas Project

Friday, February 7, 2025
The development concept for the Rosebank field includes the redeployment and reuse of the existing Petrojarl Knarr FPSO owned by Altera (Credit: Aker Solutions)

British Prime Minister Keir Starmer indicated he would not stand in the way of the Rosebank oil and gas field, after a court blocked it, sending the decision to the government which had pledged not to issue any new licences.

Starmer's government had said it would not issue new licences to explore new fields over fears about climate change, but it had said it would not revoke existing licences.

The future of two projects, Shell's SHEL.L Jackdaw and Equinor's EQNR.OL Rosebank, had been in doubt after a court overturned their approvals in the face of challenges by climate campaigners.

"I can't preempt the decision, but you know, we did say that where a licence had already been granted, we wouldn't interfere with them," Starmer told Sky News on Thursday.

"I'll be open with you, oil and gas is part of the future mix for decades to come."

Equinor and its partner Ithaca Energy want to develop the Rosebank oil and gas field, but developing one of the last known major oil reservoirs in Britain has been a lightning rod for climate activists calling for a halt to fossil fuel production activity.


(Reuters - Reporting by Sarah Young, Editing by Paul Sandle)

Categories: Industry News Activity Europe Oil and Gas

Related Stories

Black & Veatch Hires Norwegian Logistics Firm for Two FLNG Projects

Black & Veatch Hires Norwegian Logistics Firm for Two FLNG Projects

Eni Reports Smaller Profit Drop Than Expected

Eni Reports Smaller Profit Drop Than Expected

EnQuest Bags Two Production Sharing Contracts off Indonesia

EnQuest Bags Two Production Sharing Contracts off Indonesia

Current News

ASRY, AtkinsRéalis Sign MoU on Offshore Wind Energy Projects

In Maritime Propulsion, there is no 'one-size-fits-all' DPS for Vessels

Capricornus Prospect in Namibia’s Orange Basin Delivers Oil Discovery

Cerulean Winds Wraps Up Ecological Survey for Floating Wind Farms

Subscribe for OE Digital E‑News

Offshore Engineer Magazine