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Seriously...

How to Build an Oil Field

Mar 8, 2024
Exploring the development of the UK's largest untapped oil field, the podcast dives into the complexities of offshore oil and gas projects, Equinor's acquisition and profit distribution in the Rosebank Oil Field, Norway's Oil Fund, and the impact of oil on Aberdeen and global energy dynamics. It also navigates the challenges of transitioning to renewable energy while maintaining oil dependency.
28:35

Podcast summary created with Snipd AI

Quick takeaways

  • Development of the Rosebank oil field promises energy security in the UK amidst rising concerns over energy sources and costs.
  • Oil exploration involves advanced technologies and meticulous planning, posing challenges in balancing economic benefits and environmental impacts.

Deep dives

The Development of Rosebank Oil and Gasfield

In September 2023, the UK government approved the development of Rosebank, the UK's largest untapped oil field situated off Shetland. This project, managed by Equinor, is expected to bring significant investment and job opportunities to the UK, aiming to enhance energy security amidst global uncertainties.

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highlights

Listen to the best highlights from the podcasts you love and dive into the full episode