Investment clouds force operator to suspend work on UK North Sea project

Work reportedly suspended on Excalibur FPSO, meant for the Avalon development

The government of UK Prime Minister Keir Starmer has created investment concerns for the UK oil and gas sector
The government of UK Prime Minister Keir Starmer has created investment concerns for the UK oil and gas sectorPhoto: AFP/SCANPIX
Published 30 August 2024, 12:04Updated 30 August 2024, 12:04
Ping PetroleumUnited KingdomEuropeWestern Europe