Equinor has flagged that the United Kingdom risks becoming "uninvestable" if North Sea projects Jackdaw and Rosebank are blocked. The Norwegian energy company's chief executive raised doubts about whether future investment in the UK could continue if drilling approvals are denied, prompting coverage in the BBC, The Times, and the Financial Times.
The warning adds heat to UK energy policy at a time when the government is considering the future of North Sea development. Blocking the two projects, Equinor made clear, would send a troubling signal about the country's willingness to support large-scale energy investment.
Separately, Equinor released a quarterly update on 7 October 2026 saying its trading profit will come in above expectations for the third quarter. Reuters broke the news ahead of the company's planned earnings release.