Rathlin Energy (UK) Ltd said it planned up to six new wells at its West Newton-A site as the local authority decided the proposed extension would not require an environmental impact assessment. CONSULTATION The operator and its joint venture partners, which have two existing wells at West Newton-A, will conduct a public consultation over the […]
Tag: oil and gas
Neptune awarded six new Norwegian Sea licences
Neptune Energy has been awarded six new licences in the Awards in Predefined Areas (APA) 2020, announced by the Norwegian Ministry of Petroleum and Energy. Neptune Energy won four licences in the Norwegian North Sea and two in the Norwegian Sea. All the licences are located close to existing infrastructure in areas where the company […]
Spirit wins new North Sea-Norwegian Sea licences
Spirit Energy has won three new licences in the Awards in Predefined Areas (APA) 2020 round in the North Sea and Norwegian Sea. Production Licence 1049 B is in the North Sea where the operator is Equinor (40%) and partners are Petoro (20%) and Spirit Energy (20%). Production Licence 1112 is in the Norwegian Sea. […]
United remains within guidance on production increase
United Oil & Gas has announced that production remained within guidance following an increase from its Abu Sennan interest, onshore Egypt. PRODUCTION The company holds a 22% working interest in the licence which is operated by Kuwait Energy Egypt. In its fourth quarter results for 2020, United reported its second half net working interest averaged […]
Premier Oil proposes three further independent NEDs
Premier Oil has announced the proposed appointment of three additional independent, non-executive directors (NEDs) to its board. Alan Ferguson, Margareth Øvrum and Andy Hopwood will be appointed with effect from completion of the merger with Chrysaor, except Ms Øvrum whose appointment will be effective on the later of 1 April 2021 and completion of the […]
Egdon losses rise, revenues halve and gas survey is delayed
Egdon Resources plc reported revenues more than halved and losses widened in its results published today for the year ended 31 July 2020. The company also announced that the 3D seismic survey over its offshore gas discoveries has been deferred until February 2022 following a revised environmental impact assessment. In its financial report, gross oil […]