Britain faces a North Sea crossroads as Jackdaw and Rosebank await approval, with nearly £11B in private investment at stake. Years of policy instability have pushed capital away while decommissioning costs accelerate. #NorthSea#Oil#UK
Britain faces a North Sea crossroads as Jackdaw and Rosebank await approval, with nearly £11B in private investment at stake. INEOS argues years of tax and regulatory uncertainty have driven capital away. #NorthSea#Oil#NaturalGas#UK
Britain still gets around 75% of its energy from oil and gas. Jackdaw and Rosebank could attract £10.8bn in investment, support 3,500 jobs at peak construction and reduce reliance on imported energy. #NorthSea#OilAndGas#EnergySecurity
UK North Sea decommissioning spending hit a record £2.6B in 2025, with £1.3B spent on wells alone. About 500 wells still await final abandonment, while another 1,000+ are due for decommissioning within five years. #NorthSea#Oil#Decommissioning
