Rosebank is a conventional oil development located in deepwater in the UK and is operated by Equinor UK. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Rosebank was discovered in 2004, lies in block 205/1a ALL, 205/2a ALL, 213/27a ALL, and 213/26b ALL, with water depth of around 3,889 feet. Buy the profile here.
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The project is currently in construction stage and is expected to start commercial production in 2027. Final investment decision (FID) of the project was approved in 2023. The development cost is expected to be $3,800 m. The Rosebank conventional oil development will involve the drilling of approximately 24 wells and includes FPSO, subsea manifold, and subsea trees.
Field participation details
The field is owned by Delek Group and Equinor.
Production from Rosebank
Production from the Rosebank conventional oil development project is expected to begin in 2027 and is forecast to peak in 2028, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2051.
Contractors involved in the Rosebank conventional oil field
Some of the key contractors involved in the Rosebank project as follows.
Design/FEED Engineering: Worley and Brookfield Business Partners
Main EPC: Aker Solutions, DP World and TechnipFMC
Other Contractors: Magnora, Bonheur, Balmoral Comtec, Brookfield Business Partners and Emerson
About Equinor UK
Equinor UK Ltd (Equinor UK), a subsidiary of Equinor ASA, is an oil and gas company. It carries out the exploration, development, production and supply of oil and gas, gas trading and the provision of services. The company provides support to Equinor's development of its corporate strategy and manages business development and merger and acquisition activities. It serves customers across the UK. Equinor UK is headquartered in London, England, the UK.
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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
