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to develop one of the largest untapped oil and gas fields in uk waters. rosebank which is about 80 miles west of shetland is one of the largest untapped discoveries in the region. experts say it contains up to 350 million barrels of oil. production could start in 2026 with extraction continuing until at least 2030. it s thought that around 69,000 barrels of oil could be produced every day. that would equate to around 8% of the uk s total output. and there would also be natural gas with around 44 million cubic feet of it produced per day during the project s lifetime. the energy secretary clare coutinho said, we need oil and gas on the path to net zero so it makes sense to use our own supplies from north sea fields. the jobs and billions of pounds this is worth to our economy will enable us to have greater energy independence. but there has already been criticism. the environmental group greenpeace says, relying on fossilfuels is terrible for our energy security,
SoilEastern-scotlandFieldGasEnergy-companiesPeopleCoastGo-ahead100Donald-trumpFireworksFire the green light to develop one of the largest untapped oil and gas fields in british waters. rosebank lies in the north sea, about 80 miles west of shetland. experts say it contains about 350 million barrels of oil. production could start in 2026, with extraction continuing until at least 2030. it s thought that about 69,000 barrels of oil could be produced every day. that would equate to about 8% of the uk s total output. there would also be natural gas, with about 44 million cubic feet produced per day during the project s lifetime. the energy secretary clare coutinho says. the news has not gone down well with climate campaigners. here s tessa khan, executive director of uplift, a group that has been working to stop rosebank being opened up for oil and gas production. i think we need to be clear that this is a huge mistake on economic grounds, on energy security grounds and on climate grounds and the uk public do not stand to benefit from this field. with me is our business
Oil-and-gasPeopleFireApprovalGroupsWedding-partyCoastEastern-scotlandIraqi115Nagorno-karabakhArmenia is expected to produce the equivalent of 300 million barrels of oil during the expected 25 year lifetime of the project. but the decision is controversial because of its impact on climate change last month 50 mps and peers from all major parties raised concerns the oil field could produce 200 million tonnes of carbon dioxide. alexandra mackenzie reports. north sea oil is again at the centre of economic, political and climate debate. the long discussed rosebank oil and gas field is run by the norwegian state energy firm, equinor. it says this will bring massive investment and jobs to the uk. there is a continued need for oil and gas. through the entire transition and even after net zero, we will need oil and gas in our daily lives and to run society as we know it. rosebank lies 80 miles west of shetland. discovered in 2004, the field is in deep water of more than 1000 metres. start up is expected late 2026 or early 2027. but there is much anger and frustration about this dec
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