Equinor has purchased Chevron’s 40% operated curiosity within the Rosebank offshore oil and fuel mission.

The transfer will see Norwegian vitality large accomplice with Suncor Energy and Siccar Point Energy, which personal 40% and 20% pursuits within the facility respectively.

The subject, which is positioned within the West of Shetland area of the UK Continental Shelf (UKCS), boasts water depths of roughly 1,100 metres and is likely one of the largest undeveloped websites within the space.


Equinor’s Executive Vice-President for Strategy, Al Cook, mentioned: “We are placing extra investments into the UK regardless of Brexit, the notion of North Sea as being very mature and dying and oil worth gyrations.

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“We need to take advantage of out of UK’s widespread geology with Norway.”

Source: www.energylivenews.com

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