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Work on Cambo oilfield paused after Shell withdrawal
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Work on the Cambo oilfield off Shetland is being paused, its developers have said, plunging the future of oil exploration in the area into doubt.
Shell, which had been planning to develop the field with the private equity-backed fossil fuel explorer Siccar Point Energy, pulled out of the project last week after fierce opposition to it from environmental activists.
On Friday Siccar’s chief executive, Jonathan Roger, said: “Following Shell’s announcement last week, we are in a position where the Cambo project cannot progress on the originally planned timescale. We are pausing the development while we evaluate next steps.”
The UK government was facing a legal challenge from Greenpeace over its decision to allow the drilling to go ahead. After
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