LNG

The UK North Sea Transition Authority (NSTA) has given the go-ahead for the development of the North Sea Rosebank oil and gas field by Norway’s Equinor and London-listed Ithaca Energy with sizeable contracts for US engineering company TechnipFMC and several European energy contractors.

Shell UK has taken the final investment decision to develop the Jackdaw natural gas field in the UK North Sea following regulatory approvals granted earlier in 2022 and the gas volumes when brought on stream will slightly lessen LNG needs.