Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Shell gets green light to develop Jackdaw gas field

    Shell gets green light to develop Jackdaw gas field

    June 3, 2022
    Share
    Facebook Twitter LinkedIn WhatsApp
    North Sea platform on the Jackdraw gas field

    Newswire — Shell Plc won official consent to develop the Jackdaw natural gas field in the UK’s North Sea, eight months after the country’s regulator blocked the project on environmental concerns.

    The move marks a change in government policy from last year when the UK oil and gas industry faced a bleak outlook as the government focused on hosting the COP 26 climate talks. But with energy prices soaring on the impact of Russia’s war in Ukraine, Britain is now seeking ways to keep domestic oil and gas resources flowing.

    In a new environmental statement submitted in March, Shell said it would reduce venting and change a treatment process at Jackdaw which would lower the amount of emissions from the project.

    The UK’s Offshore Petroleum Regulator for Environment & Decommissioning approved the project saying it “will not have any significant effects on the environment,” according to a letter dated May 27.

    Shell welcomed the news, saying it plans “to move ahead with the project, which has the potential to produce 6.5% of UK gas production at a time when UK energy security is critically required.”

    New oil and gas projects in the U.K. North Sea have dwindled in recent years as investors urged the industry to curb spending and environmental activists pressured it to tackle climate change.

    The Jackdaw field has attracted the wrath of environmental groups. At the doors of Shell’s annual general meeting last week, protesters could be seen with “Stop Jackdaw” placards.

    “Approving Jackdaw is a desperate and destructive decision from Johnson’s government, and proves there’s no long-term plan,” Greenpeace campaigner Ami McCarthy said.

    While the government announced last week a 25% windfall tax on oil and gas companies, the proposal also includes an 80% new-investment allowance that means energy companies can reduce the amount they pay if they commit to new capital expenditure on energy projects.

    A Shell spokesperson said that local gas would be a key part of the UK’s transition to net zero and is part of its plans to invest as much as £25 billion in the country. “However, as we have repeatedly stated this can only happen with a stable fiscal policy and we continue to look to the government for those assurances.”

    *Laura Hurst – Rigzone

    Follow us on twitter

    Related News

    Nigeria seeks fiscal reform at WAGP ministerial meeting

    TotalEnergies and OQEP break ground at Oman’s Marsa LNG

    Gas flaring threatens health, jobs in oil sector, PETROAN warns on Workers’ Day

    Comments are closed.

    E-book
    Resilience Exhibition

    Latest News

    Nigeria unlocks intra-African trade with new PAPSS policy boost

    May 10, 2025

    Ahead of China-US talks, Trump says 80% tariff ‘seems right’

    May 10, 2025

    US oil and gas rig count falls to lowest since January – Baker Hughes

    May 10, 2025

    Nigeria’s Senate passes tax reform bills to boost government revenue

    May 10, 2025

    E-Call up is desirable in Onne ports – Truckers

    May 10, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.