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Add as a preferred source on GoogleIthaca Energy May Halt Further U.K. Investment Without Rosebank Approval
Executive Chair Yaniv Friedman tied additional spending in Britain to government approval of the North Sea oil project.
Ithaca Energy would likely stop further U.K. investment if the government does not approve Rosebank, a North Sea oil project, Executive Chair Yaniv Friedman said Monday.
The warning concerns additional investment in Britain and depends on whether the government approves the project.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.