North Sea oil drilling delayed after gear drop

Production at the UK's largest undeveloped North Sea oil and gas field, Rosebank, has been delayed after equipment was accidentally dropped into the sea during operations. The incident occurred in April, with repairs expected to take up to four months, pushing the start of production into 2027. The delay affects plans to begin oil extraction before year's end, with industry estimates indicating a 25-year lifespan and a potential output of 300 million barrels. The UK government’s decision on further drilling at Rosebank remains pending, amid ongoing debates over environmental impacts and economic benefits.

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