Equinor warns it may shun UK investment if Rosebank and Jackdaw fields are not approved

Summary

Equinor has warned that the UK risks being 'uninvestable' and that it may shun further investments there if the new oil and gas fields at Rosebank and Jackdaw are not approved. Anders Opedal, the boss of the Norwegian state oil company, suggested the company would look elsewhere if final approval was not granted for the two sites. Andy Burnham noted that he would adopt a 'pragmatic' approach towards North Sea oil and gas ahead of the pending rulings on Jackdaw and Rosebank.

Latest: Equinor warned it may shun further UK investment if the Rosebank and Jackdaw oil and gas fields are not approved, and Andy Burnham said he would adopt a 'pragmatic' approach towards North Sea oil and gas.

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