UK oil production peaked about 25 years ago and was projected to fall further over the next five years. And now…
Rosebank, 80 miles west of Shetland, contains around 300 million barrels of oil and is the UK’s last major undeveloped oil site - twice the size of the controversial Cambo oil field…
Site owners Equinor and Ithaca Energy expect to start production in late 2026. They say it could pump 69,000 barrels of oil a day at its peak - equating to about 8% of the UK’s daily output - and 44 million cubic feet of gas a day
DB2.