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Rosebank: Life on the oil field at the centre of a political storm

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Core Development: Rosebank: Life on the oil field at the centre of a political storm
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Market & Financial Impact: Scotland editor James Cook finds out what life is like on board a ship in an untapped oil field awaiting its fate.
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Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.

When we landed by helicopter at Rosebank, this oil field was at the centre of a political storm - and set to be in the path of a real one.

We arrived on Wednesday morning, just a few hours after the UK government had granted consent for the production of gas from the Jackdaw field in the North Sea.

But already attention was shifting to this wild and windy patch of the North Atlantic – the next big decision for Energy Secretary Miatta Fahnbulleh.

Rosebank is bigger than Jackdaw, it would generate higher greenhouse gas emissions, and it could be far more lucrative for its owners, Adura and Ithaca.

Nicola Boyd loves her job on the Petrojarl Rosebank vessel

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Official Publisher Attribution: This report is aggregated from Bloomberg. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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