LONDON, ENGLAND (Sir Jim Ratcliffe, Chairman and CEO of INEOS, 3.Apr.2025) — INEOS chairman and CEO Sir Jim Ratcliffe, in an opinion piece, said ÂŁ150bn in value linked to the UK economy from the North Sea is at risk. Urgent reform of the UK energy tax is need, Ratcliffe argued: […]
Tag: NSTA
NSTA reveals its overview 2025 for the UK energy space
HOUSTON, TEXAS (Ofelia Paredes, Energy Analytics Institute, 5.Mar.2025) — The UK is at the start of an exciting new chapter devoted to the vital energy transition which integrates the North Sea’s carbon capture, hydrogen, wind and oil and gas resources. The global climate crisis demands the “transition happens at pace […]
Rosebank Field to Progress in the UK [Video]
(Equinor, 27.Sep.2023) — Equinor and Ithaca Energy have taken the final investment decision to progress Phase 1 of the Rosebank development on the UK Continental Shelf (UKCS), investing $3.8bn. The North Sea Transition Authority (NSTA) granted consent for the development of the field on 27 September. “Developing the Rosebank field […]