Quarterly update prior to financial reporting - Equinor

Equinor Warns UK Could Become Uninvestable Over North Sea Ban

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 puts pressure on UK energy policy at a time when the government is considering the future of North Sea development. Blocking the two projects, Equinor suggested, would create real uncertainty 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 exceed guidance for the third quarter. Reuters covered the announcement ahead of the company's upcoming results announcement.

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