News Oil & Gas

Perenco pipeline spillage to be investigated

Assessments have started on the major incident involving 200 barrels of reservoir fluids spilling from a Perenco-operated pipeline under Ower Bay in Poole Harbour, Dorset. OPERATIONS Pool Harbour Commissioners (PHC) announced yesterday that some of the escaped small reservoir of fluid, comprising approximately 85% water and 15% oil, had been recovered. “The pipeline was shut […]

Metals & Minerals News

Alba must supply more data for permits

Alba Mineral Resources plc needs to give further information to the regulatory authority on its applications to continue work at Clogau-St David’s gold mine and for Dolgellau gold exploration in north Wales. LLECHFRAITH In November 2021, Natural Resources Wales (NRW) refused permission for water transfer and discharge permits and a European Protected Species (EPS) licence for […]

News Oil & Gas

Union Jack looks to positive 2023 at Wressle

Union Jack Oil plc started 2023 with a positive trend for the Wressle onshore oil joint venture, recording material net revenues in excess of $14 million since production restarted. ZERO WATER CUT The company holds a 40% economic interest in licences PEDL180 and PEDL182 on the western margin of the Humber Basin. Partners include operator […]

News Oil & Gas

Harbour submits Zama development plan

Harbour Energy plc reported that the operator of the Zama field has submitted the unit development field plan (UDP) to regulators in Mexico. ZAMA The Zama field lies in block 7 in which Harbour has a 25% interest and in the shallow water Sureste Basin in the Gulf of Mexico. Zama extends into the neighbouring […]

Finance News Oil & Gas

Rockhopper welcomes Navitas plan for Sea Lion

Rockhopper Exploration plc’s partner has produced a revised development plan for phased drilling of 23 wells for 269 million barrels of oil at the Sea Lion project in the North Falkland Basin. RESOURCE In its 2022 presentation, the company described the Sea Lion project as a world class field that was larger than the North […]

News Oil & Gas

Capricorn plans fewer than 40 posts in UK

Capricorn Energy plc today said that it aimed for a “substantially reduced headcount” in the UK, allowing it to focus on its onshore oil assets in Egypt. REDUNDANCIES The news comes as the Edinburgh-based company’s new management starts a comprehensive strategic review of its business and the “several potential directions” for its future. “In the […]