RE: What else was Shell to do?3 Dec 2021 10:10
Actually it's not a decision for the Scottish Government...the yes/no is down to the UK Government. Sturgeon is turning it in to a political issue though and because she is so in bed with the Greens (needs their support for independence/Indyref2 majority) she's had to get off the fence and say she doesn't support Cambo. She's very Central Belt focussed and doesn't really care about Aberdeen anyway in my view. Anyway, I guess Shell thought it was just going to drag on and impact the economics. Cambo still hasn't gone away...I believe Siccar point are 70% (Shell 30%), so Siccar Point will be looking for another partner. Whether being out of Cambo is good or not for Shell I've no idea. If they've done the sums and they have better places to spend the money, then that's great. I would imaging reputationally getting involved in Cambo wouldn't do them any favours. Personally I hope Cambo still goes ahead, with all the caveats around it being an electrified platform and all that. So, coming back to what you said Sharefall " SNP made it too risky"...I guess so, but only because Sturgeon has found something else to fight with Boris about.