Chevron ‘building momentum’ towards Rosebank sanction
By Mark Lammey
March 14, 2018, 9:51 am
US oil major Chevron is “building momentum” towards a final investment decision (FID) on the North Sea Rosebank project.
Kevin Ricketts, Chevron’s general manager for projects and future growth, said the company was evaluating bids for the construction of a floating production, storage and offloading (FPSO) vessel for the development.
Mr Ricketts said the bids had been “predictable and competitive”, but he would not be drawn on when a FID is likely to be taken.