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Shell is relaunching a huge gas field in the North Sea to boost Britain’s energy security Business

Shell has presented new plans to develop a huge gas field in the North Sea, six months after they were rejected by environmental regulators, in a bid to help Britain become less dependent on overseas suppliers.

The FTSE 100 company has said it wants the Jackdaw field, around 250km east of Aberdeen, to start operating by 2025.

He argued that it would make “a significant contribution to UK energy security” and could be developed with relatively low carbon emissions.

The submission comes as the government encourages UK producers to increase production to reduce their dependence on Russian oil and gas.

Boris Johnson will also meet executives from companies involved in nuclear power, including Rolls-Royce, EDF and Westinghouse, on Monday on ways to boost Britain’s energy independence, Sky News reported.

Shell said it was “disappointed” last October when regulators canceled its Jackdaw plans, days before the UK was to host the Cop26 climate change conference in Glasgow.

About two months later, Shell pulled out of the major Cambo development in West Shetland, which had become a flashpoint for anti-fossil fuel campaigners.

The company blamed a weak economic record as well as “the potential for delays” – widely interpreted as a nod to potential legal and regulatory entanglements.

In its communication on Jackdaw to the Oil and Gas Authority, Shell said: “We have been and remain committed to minimizing the environmental effects of the Jackdaw development project, including by reducing air emissions.

“The Jackdaw project will be part of a wider integrated system that makes a significant contribution to UK energy security, and which Shell is working to reallocate to facilitate significant future reductions in greenhouse gas emissions. .”

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Source: www.telegraph.co.uk
This notice was published: 2022-03-18 16:41:43

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