The boss of energy giant Equinor says countries should secure supplies of oil and gas by sourcing locally.
Anders Operdal told the BBC energy security should be top of the agenda after Russia’s invasion of Ukraine saw supplies disrupted and prices hiked.
Equinor is the biggest investor in the Rosebank oil field in the North Sea – the largest new UK oil and gas field development in decades.
But critics say new oil fields will not make UK energy supplies more secure.
They argue a faster transition away from fossil fuels is a better strategy to ensure more stable energy prices..
It was given the green light the day after the International Energy Agency announced that any new oil and gas developments were inconsistent with an international target of keeping the global temperature from rising more than 1.5 degrees above pre-industrial levels.