The Rosebank oil field has today received the regulatory nod for development and production.

This development, which comes as Rosebank claims the title of the largest untapped oilfield in UK waters, has drawn criticism from the Association for Renewable Energy and Clean Technology (REA).

Frank Gordon, Director of Policy at the REA, said: “We are disheartened to note the news today regarding the approval of new oil licences at Rosebank. The UK must wean itself off oil and gas to break our reliance on expensive, insecure, and polluting energy which is subject to volatile international fossil fuel markets.

“True energy security will be delivered by an urgent transition to homegrown, inexhaustible clean energy, accompanied alongside a large scale energy efficiency programme.

“Government should be focused on rebuilding investor confidence and ensuring the deployment of renewables and clean technologies as a long-term route out of high bills for consumers.”

Article source: https://www.energylivenews.com/2023/09/27/rea-slams-approval-of-rosebank-oil-field/