Revoking Rosebank licence would cost ‘thousands of jobs’
At the Court of Session, Equinor, Ithaca Energy, Shell and the government all accept that the Supreme Court ruling means the licences for Rosebank and Jackdaw were granted unlawfully.
But the companies say they provided full and accurate environmental assessments in good faith under the law as it was understood at the time; they were explicitly told by the government not to assess downstream emissions; and they should not be “punished” for a Supreme Court decision which they say they could not have foreseen.
On that basis they want the judge, Lord Ericht, to allow them to continue working towards starting production in the fields.
Shell’s advocate, Christine O’Neill KC, told the court that production at Jackdaw was expected to run from 2026 to around 2034.
The company, she said, was investing £1.1bn in the project, providing jobs for “at least 1,000 people” between 2023 and 2025.
If it were stopped, she added, it would mean that “more than three quarters of a billion pounds that’s already been spent will have been wasted.”
Even a 12 month suspension, added Ms O’Neill, would be likely to cost Shell “at least £200m.”
Related
Sainsbury’s announces major change to stores and cuts 3,000 jobs
Sainsbury's will cut 3,000 jobs by closing down its remaining cafés, patisseries and pizza counters, the chain has announced.In a statement, the supermarket sa
ONS to spend millions on temp workers to fix ‘unusable’…
The government’s statistics agency is spending £8m to hire an army of low-paid temporary workers amid efforts to fix its “virtually unusable” data on une
Accessing UK energy jobs
Regional skills investments to help workers access thousands of jobs and 'skills passport' goes live.
Election losses cost 2,000 people their jobs, says Westminster watchdog
More than 2,000 people lost their jobs after an “almost unprecedented” turnover of MPs at the last election, a parliamentary watchdog has said.The Independe
