Quarterly update prior to financial reporting - Equinor

UK Risks Losing Equinor Investment Over North Sea Project Blocks

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 questioned 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 intensifies scrutiny of 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 published a quarterly update on 7 October 2026 saying its trading profit will come in above expectations for the third quarter. Reuters reported the update ahead of the company's upcoming results announcement.

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