Equinor’s UK Rosebank investment to reach $5.2 bln Posted on August 5, 2022 by cngpump Equinor wants to electrify the project rather than use fossil fuels to power operations, an approach common for Norwegian offshore projects but not in the British North Sea, which makes the project complex. Related posts: Norway scraps three Arctic oil exploration blocks in budget deal Norway must prepare for faster drop in oil demand on road to 2050 -IEA PUC Center Near Me In Delhi Four North Sea oil producers join forces in carbon storage scheme States can buy surrendered gas-based power from NTPC Norway oil and gas firms raise 2022 investment forecasts Norway’s state company Equinor confirms trading halt in Russian oil Divisive ‘green’ gas investment rules face EU lawmaker vote Cambodia’s petroleum demand expected to reach 4.8 mn tons by 2030: Minister In US, states struggle to replace fossil fuel tax revenue