Equinor has warned that the United Kingdom risks becoming "uninvestable" if North Sea projects Jackdaw and Rosebank are blocked. The Norwegian energy company's chief executive cast doubt on whether future investment in the UK could continue if drilling approvals are denied, drawing attention from the BBC, The Times, and the Financial Times.
The warning puts pressure on UK energy policy at a time when the government is weighing up the future of North Sea development. Blocking the two projects, Equinor argued, would raise serious questions about the country's openness to large-scale energy investment.
Separately, Equinor published a quarterly update on 7 October 2026 saying its trading profit will come in above expectations for the third quarter. Reuters covered the announcement ahead of the company's scheduled financial results.