News Oil & Gas

Equinor takes key step towards sanctioning offshore UK oil and gas project


Norwegian energy giant Equinor has taken a step forward with its planned Rosebank development in UK waters with the submission of key environmental documents to regulators.

The final investment decision for the first phase of Rosebank is planned for February 2023, an environmental statement handed in to the Offshore Petroleum Regulator for Environment & Decommissioning on Thursday shows.

Production is expected to begin in 2026 at rates of about 19,000 barrels per day of oil and 500,000 cubic metres per day of gas before ramping up the following year to peak rates of about 70,000 barrels per day of oil and 1.6



Source link

Leave a Comment