Britain’s £47 Billion North Sea Oil Decision

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united kingdom uk

Britain faces a crucial decision on two major North Sea energy projects, Jackdaw and Rosebank. Shell and Equinor warn that continued government delays threaten investment and energy security. An industry-commissioned report estimates the projects could contribute £35 billion to Britain’s economy and generate £12.1 billion in tax revenues by 2035. Environmental concerns and regulatory obstacles continue to delay approval.

Source

https://oilprice.com/Energy/Energy-General/Britains-47-Billion-North-Sea-Oil-Decision-Hangs-in-the-Balance.html

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