Shell Plc urged a UK court not to threaten the commercial viability of a North Sea gas field by halting its development, despite acknowledging that the approval process for the project was flawed. The environmental groups are demanding a halt to both developments until a new approval process can be completed. Doing so would simply not be commercially viable, she told the Court of Session in Edinburgh on Wednesday. “Uncertainty around the timescale for a fresh consent puts the viability of the whole project at risk,” O’Neill told the court. The outcome could have significant implications for the future of the North Sea oil and gas industry.
Source: The North Africa Journal November 15, 2024 03:02 UTC