Monday Jun 27, 2022
EVOL: Sunak’s charm offensive, Montara oil spill, and Equinor’s Rosebank
The team get stuck into UK Chancellor Rishi Sunak’s visit to Aberdeen to charm the great and the good of the North Sea over his proposed windfall tax. It remains to be seen if the flying visit was more of a photo opportunity or a serious attempt to listen to the industry’s concerns.
Damon covers an oil spill at Jadestone Energy’s Montara field that saw the company’s share price dive as Australia’s offshore regulator remains concerned about the structural integrity of the FPSO.
Meanwhile, Hamish discusses his eventful week at Global Offshore Wind in Manchester, including some fun and games with Greg Hands, as well as a chat with Equinor about the Rosebank project. Equinor say they are committed to the development, but Sunak’s proposed taxes could throw a spanner in the works.
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