Equinor confirms push back of Rosebank sanction to 2023

Equinor confirms push back of Rosebank sanction to 2023

Equinor has confirmed the sanction date for the Rosebank project in the West of Shetland has been pushed back to next year, after Ithaca Energy made the claim last night.

The Norwegian operator had previously targeted a key final investment decision in May of this year, following a decision three years ago to push its targeted sanction date from 2019.

An Equinor spokesperson said: “We have a close dialogue with UK authorities on the next steps and expect FID next year.”