Europa Oil & Gas (Holdings) plc’s associated company, focused on Equatorial Guinea, has signed a tentative farm-out agreement for the offshore EG-08 block production sharing contract. BARRACUDA The investor holds a 42.9% equity in explorer Antler Global Ltd which in turn owns an 80% working interest in the EG-08 PSC. National company Guinea Ecuatorialde Petroleos […]
Tag: oil and gas
Rockhopper to raise $140m
Rockhopper Exploration plc plans to raise up to US$140 million (£105m) from “new Israeli-based institutional investors” and “larger existing shareholders” for its share of the Sea Lion oil project’s first phase development. PLACINGS The company holds 35% of the North Falkland Basin field and needs $127m for phase I of operations. Rockhopper has received “firm […]
‘Teething issues’ slow Triton production
Serica Energy plc said that problems had slowed the increase to steady production at the Triton floating production storage and offloading unit, 120 miles east of Aberdeen. GUIDANCE The FPSO in the UK central North Sea produces oil and gas from the Bittern, Clapham, Pict, Saxon, Guillemot Area subsea facilities. Operator Dana Petroleum resumed production […]
Tullow independent NED steps down
Tullow Oil plc independent non-executive director Sheila Khama will step down from the board from 1 August 2025. Ms Khama will leave to focus on her other professional commitments and roles outside of Tullow. “On behalf of the board, I would like to thank Sheila for her contribution and support over the last six years […]
Ascent appoints Jean-Michel Doublet as chairman
Ascent Resources plc has appointed interim chairman Jean-Michel Doublet as independent non-executive chairman. The company has additionally appointed chief executive officer David Patterson as an executive director with immediate effect. The board also includes non-executive directors David Bullion and Edouard Etienvre. Ascent holds onshore gas assets in Slovenia and helium-rich licences lie across Utah and […]
Helium One appoints head of governance
Helium One Global Ltd has appointed senior independent non-executive director Sarah Cope to the executive role of head of governance and compliance. She will remain on the board in her new role. Ms Cope has more than 20 years’ experience as a director in investment banking and as nominated advisor / broker at Cantor Fitzgerald, […]