Equinor CEO: Rosebank or Jackdaw project rejection a 'major setback' for UK North Sea
Failure to obtain approval for the Rosebank or the Jackdaw upstream projects would be a major blow for Equinor's Adura joint venture with Shell in the North Sea, Equinor CEO Anders Opedal said on Tuesday. He added that if not approved, Equinor and others would start to question if the UK was investible.
LONDON, Oct. 6 (Reuters) — Equinor CEO Anders Opedal said on Tuesday that failing to win approval for the Rosebank or Jackdaw upstream projects would be a major blow to Equinor's Adura joint venture with Shell in the North Sea. Speaking at the Energy Intelligence Forum in London, Opedal said not approving Rosebank would be contrary to energy security and job creation. He added that if the projects were not approved, Equinor and others would begin to question whether the UK was investible.