The Clash Over North Sea's Rosebank Oilfield Project | OilPrice.com

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Equinor, the Norwegian firm, is developing the Rosebank oilfield as part of the UK's North Sea Transition deal for energy security, but it faces opposition from politicians and environmentalists.

- Jun 29, 2023, 4:00 PM CDT

A new plan to power Rosebank using electricity from a wind development in Shetland may help make the case for low-carbon oil, but critics argue that this just diverts renewable energy from other uses and that the oil is mostly for export, not UK energy security.The U.K.’s planned North Sea Rosebank oilfield development, to be led by Norwegian firm Equinor, could be key to the country’s energy security.

However, the 300-million-barrel Rosebank project has faced staunch opposition from certain politicians, as well as environmentalists. The Conservative politician Chris Skidmore : “There is no such thing as a new net zero oilfield. Approving Rosebank would undermine UK claims to climate leadership on the world stage, undermine what the climate science tells us and undermine our efforts to achieve a net zero Britain by mid-century.

 

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