Equinor has cautioned 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, prompting coverage in the BBC, The Times, and the Financial Times.
The warning puts pressure on UK energy policy at a time when the government is deciding on the future of North Sea development. Blocking the two projects, Equinor made clear, would create real uncertainty about the country's openness to 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 broke the news ahead of the company's upcoming results announcement.