Development and production approval has been given to owners Equinor and Ithaca Energy, following reassurances over environmental concerns.
The plan has faced widespread criticism due to its impact on climate change.
The plan has faced widespread criticism due to its impact on climate change.
They wrote to then energy secretary Grant Shapps urging him to block Rosebank, adding that most of the cost of development would be shouldered by the taxpayer.
It comes after the government said it would issue hundreds of new licences for oil and gas exploration in the North Sea.
A spokesperson for the oil and gas regulator, the North Sea Transition Authority (NSTA), said: “We have approved the Rosebank Field Development Plan which allows the owners to proceed with their project.”
They added it had been awarded “in accordance with our published guidance and taking net zero considerations into account throughout the project’s lifecycle”.
The plan has faced widespread criticism due to its impact on climate change.
Development and production approval has been given to owners Equinor and Ithaca Energy, following reassurances over environmental concerns.
They wrote to then energy secretary Grant Shapps urging him to block Rosebank, adding that most of the cost of development would be shouldered by the taxpayer.
The plan has faced widespread criticism due to its impact on climate change.
The plan has faced widespread criticism due to its impact on climate change.
They wrote to then energy secretary Grant Shapps urging him to block Rosebank, adding that most of the cost of development would be shouldered by the taxpayer.
It comes after the government said it would issue hundreds of new licences for oil and gas exploration in the North Sea.
A spokesperson for the oil and gas regulator, the North Sea Transition Authority (NSTA), said: “We have approved the Rosebank Field Development Plan which allows the owners to proceed with their project.”
They added it had been awarded “in accordance with our published guidance and taking net zero considerations into account throughout the project’s lifecycle”.
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