Commodities
Equinor Says Halt to Review Rosebank Permit Risks Years of Delay
- Firm acknowledges legal errors, argues project should continue
- Shell is also contesting a challenge to the Jackdaw gas field
The outcome of the cases could have significant implications for the future of the oil and gas industry.
Photographer: Carina Johansen/BloombergEquinor ASA warned that any pause to review the permit for its Rosebank oil project would risk delaying the development of the UK’s largest untapped crude deposit by several years.
The Norwegian oil and gas producer is up against Greenpeace and Uplift in a Scottish court, with the environmental groups seeking to revoke the license for the Rosebank and Jackdaw fields after a flawed approval process failed to consider the full climate impact of the projects.