United Kingdom Onshore Oil and Gas (UKOOG) today marked the second anniversary of the moratorium on hydraulic fracturing, or fracking, by calling on the Government to allow UK shale gas. CARBON FOOTPRINT The organisation’s chairman Martin York said that the industry could provide employment, reduce the country’s carbon footprint and level up the British economy. […]
Tag: oil and gas
Block issues share options to directors and PDMRs
Block Energy plc said it had issued nil-cost options over a total of 1,767,513 ordinary shares of 0.25p each to directors/PDMRs and employees as part of cash conservation measures. CASH CONSERVATION The options were issued on 1 November in lieu of cash payment for 40% of salaries and up to 50% of directors’ fees for […]
Neptune in first EDF advanced drone emissions study
Neptune Energy has completed a first-of-its-kind collaboration with Environmental Defense Fund (EDF) using advanced drone technologies to measure methane emissions from a working UK offshore platform. OBJECTIVE The operation assessed advanced methods for identifying, quantifying and reducing offshore methane emissions from the Neptune-operated Cygnus gas production facility in the UK Southern North Sea. Results of […]
Egdon plans rejected for side-track at Biscathorpe
Egdon Resources plc has been refused planning permission for a side-track drilling operation, associated testing and long-term oil production at the Biscathorpe site (PEDL253) in Lincolnshire. OPTIONS The county council’s planning committee rejection is against the council’s planning officers recommendation to approve the operator’s plans. The project’s joint venture partner Union Jack Oil plc (45%) […]
Helium One appoints Chris Eyre as CFO
Helium One Global has appointed Chris Eyre as chief financial officer. Mr Eyre is based in Tanzania and has detailed knowledge of local financial regulatory requirements acquired as regional financial controller for Tata East Africa region where he was responsible for group financial functions across Kenya, Uganda and Tanzania. He has broad experience of commodity […]
Helium One appoints Colin Ivory as COO
Helium One Global has appointed Colin Ivory as chief operating officer. Mr Ivory is an international operations manager with more than 38 years proven experience in the oil and gas industry and has occupied various roles globally in challenging and remote locations. He has conducted numerous drilling programmes across East and West Africa, South East […]