UK gives go-ahead for contentious 300 million barrel Rosebank oil project
September 28, 2023 Comments Off
UK authorities on Sept. 27 approved Equinor’s development of the 300 million barrel Rosebank oil project in the West of Shetland area, with the first development phase expected on stream in 2026-27 and expectations of billions of dollars of upstream investment. Rosebank is a medium-light crude with an API gravity of 34.6-35.3, making it heavier than the mainstay Brent and…
UK gives go-ahead for contentious 300 million barrel Rosebank oil project
UK authorities on Sept. 27 approved Equinor’s development of the 300 million barrel Rosebank oil project in the West of Shetland area, with the first development phase expected on stream in 2026-27 and expectations of billions of dollars of upstream investment. Rosebank is a medium-light crude with an API gravity of 34.6-35.3, making it heavier than the mainstay Brent and…
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