Jackdaw Gas Field Gets Green Light from U.K. Government
By Adam Whittaker
The British government has given the green light for production at the offshore gas field Jackdaw to begin, bringing an end to a protracted approvals process and allowing Shell and Equinor joint venture Adura to begin operations within weeks.
The Jackdaw project has been entangled in legal disputes and awaiting final government approval for some time. Hopes for progress were raised when new U.K. Prime Minister Andy Burnham promised a "pragmatic" approach to new drilling in the North Sea after global conflicts highlighted how vulnerable the country is to energy shocks.
The approval opens the door for Adura to start gas production, with first gas expected by the end of the month.
At its peak, the field will increase U.K. domestic gas production by around 6% and add an estimated 2.9 billion pounds, or $3.88 billion, to the country's economy, the government said.
Write to Adam Whittaker at adam.whittaker@wsj.com
(END) Dow Jones Newswires
October 21, 2026 03:42 ET (07:42 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
4 Stocks to Buy for the Long-Term While They’re Still Undervalued
Are TIPS ETFs the Best Way to Fight Inflation?
What’s Ahead for Stocks This Quarter—and Where to Invest
10 Best Blue-Chip Stocks to Buy for the Long Term
United States