Equinor is optimistic that it can make a much more attractive project out of its Rosebank development in the West of Shetland area off the UK after confirming this week plans to delay a project sanction by three years into 2022.
Officials from the Norwegian operator told Upstream on the sidelines of an industry conference in Aberdeen this week that they see potential upside in the Rosebank reservoir compared with internal estimates when the company previously sold out of the asset back in 2013.