UK approves Rosebank oil and gas field amid environmental and economic concerns
This week, the UK’s North Sea Transition Authority (NSTA) approved the first phase of development at Equinor and Ithaca Energy’s Rosebank offshore oil and gas project, as the UK looks to ensure its energy security in the coming years. Equinor plans to begin subsea installations in 2024, before drilling the project’s wells in 2025 and