500 Million Barrels of oil, which makes it the uks largest untapped oil field. But the plan has faced widespread criticism. Last month 50 mps and peers from all major parties raised concerns the oil field could produce 200 Million Tonnes of carbon dioxide. Craig macmahon is Senior Vice President for research at the Energy Consultancy wood mackenzie. Hejoins us from edinburgh. Today we have had a lot about all this controversy all day long. What i want to focus on is the scale of this. Talk me through the size of this. Talk me through the size of this and what it might do for the uk as an oil producer . The this and what it might do for the uk as an oil producer . As an oil producer . The scale of it is not insignificant as an oil producer . The scale of it is not insignificant but as an oil producer . The scale of it is not insignificant but on as an oil producer . The scale of it is not insignificant but on a as an oil producer . The scale of it is not insignificant but on a globali i
Is expected to produce the equivalent of 300 Million Barrels of oil during the expected 25 year lifetime of the project. But the decision is controversial because of its impact on Climate Change last month 50 mps and peers from all major parties raised concerns the oil field could produce 200 Million Tonnes of carbon dioxide. Alexandra mackenzie reports. North sea oil is again at the centre of economic, political and climate debate. The long discussed rosebank Oil And Gas Field is run by the norwegian state energy firm, equinor. It says this will bring massive investment and jobs to the uk. There is a continued need for oil and gas. Through the entire transition and even after net zero, we will need oil and gas in our daily lives and to run society as we know it. Rosebank lies 80 miles west of shetland. Discovered in 2004, the field is in deep water of more than 1000 metres. Start up is expected late 2026 or early 2027. But there is much anger and frustration about this decision. Prote