UK risks being 'uninvestable' if new oil and gas fields not approved, warns oil giant

Oil giant may stop UK investment if North Sea drilling is denied

Andy Burnham noted that he would adopt a ‘pragmatic’ approach towards North Sea oil and gas ahead of pending rulings on Jackdaw and Rosebank

UK 'uninvestable' if North Sea projects are blocked

The UK will be uninvestable in the eyes of most energy companies if the government blocks the Jackdaw and Rosebank oilfields in the North Sea, the boss of Norway’s state-run oil and gas firm has warned. Equinor chief Anders Opedal said his firm could pull out of future projects in the UK if the two [...]

Equinor CEO says Rosebank, Jackdaw rejection would be major setback

UK risks being 'uninvestable' if new oil and gas fields not approved, warns Equinor

Equinor warns it may shun further investments in the UK if new oil and gas fields at Rosebank and Jackdaw are not approved.

Investors will not touch Britain if Rosebank is not approved, Norwegian energy giant warns

Britain risks being viewed as un-investable if it refuses to approve a controversial oil field, the head of a Norwegian energy giant has warned. Anders Opedal, CEO of Norwegian oil firm, Equinor, said a refusal on the North Atlantic's Rosebank would be a "major setback" and against the interests of Britain's energy security.Rosebank is Britain's largest untapped oil field. But work there, and also at Jackdaw, a giant North Sea gas field, has bee…

Equinor CEO says rejection of Rosebank, Jackdaw projects would be 'major setback' (EQNR:NYSE)

Failure to secure approval for the Rosebank and Jackdaw projects by the UK government would be ​a "major setback" for Equinor's North Sea joint venture ‌with Shell, CEO Anders Opedal said.