‘Commercial challenges’ could rule out private-equity bid for Rosebank By Mark Lammey September 27, 2018, 11:25 am [[title]] [[text]] An error occurred. Please try again. [[success]] Email address Sign up US oil giant Chevron confirmed yesterday that it had received an approach for its stake in one of the UK’s largest undeveloped fields. Chevron did not say who tabled the offer for its 40%-operated interest in Rosebank, 80 miles north-west of Shetland. The company is still progressing with the front end engineering and design phase for the project, which is targeting 300 million barrels of oil. Read more on Energy Voice here. Already a subscriber? Sign in [[title]] [[text]] Close More from the Press and Journal Shell launches process to offload stake in controversy-struck Cambo field Up to 1,600 jobs expected from £8bn Rosebank megaproject BP boss defends 14-year high profits amid cost-of-living crisis Oil and gas industry supports 82,000 jobs in Scotland, says trade body
