Woodmac tips Rosebank oil FID to stimulate new UK North Sea activity

GLOBAL renewables, energy and natural resources research specialist Wood Mackenzie believes the industry and government’s support for a US$3.8 billion Rosebank deepwater oilfield project may lead to a resurgence in activity in the UK North Sea.

29 September 2023
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Rosebank has been given the green light by Norway's Equinor and the UK's Ithaca Energy after the North Sea Transition Authority (NSTA) granted consent for the development of the field.

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