i3 Energy plc has awarded Petrofac the contract to drill the Serenity appraisal well in the Outer Moray Firth. STENA DON Petrofac Facilities Management Ltd will have three years to work on licence P2358 block 13/23c. PFML has an existing contract with Stena Drilling Ltd for the use of the Stena Don, a harsh environment, […]
Month: November 2024
MPA chief executive Nigel Jackson to step down after 13 years
The Mineral Products Association announced that chief executive officer Nigel Jackson has decided to step down. Mr Jackson, who held the role for 13 years, will be replaced by Jon Prichard from 1 October 2022. Mr Prichard is a chartered civil engineer and currently CEO at the Institution of Chemical Engineers. He was previously at […]
Egdon FDP and production approved for Wressle
Egdon Resources plc said that the North Sea Transition Authority had approved the field development plan and production for the Wressle oil field in North Lincolnshire. PRODUCTION The joint venture comprises Egdon as operator (30%), Union Jack Oil plc (40%) and Europa Oil & Gas (30%). Egdon added that production for the project, held in […]
OEUK warns EPL will damage UK industry
Offshore Energies UK (OEUK) has described the new taxes imposed on the country’s offshore oil and gas operators as “a backward step”. IMPORTS The industry body warned that the Energy Profits Levy announced today would discourage UK offshore energy investments, resulting in decreases in oil and gas exploration and production and a rise in imports. OEUK’s chief […]
Caerus appoints Christopher Lambert as chairman
Caerus Mineral Resources plc has appointed Christopher Lambert as executive chairman, among a series of board changes. Mr Lambert has a background in financial services and commodity trading in London. He also has extensive experience in non-executive and executive chairman roles for public companies, and of asset identification and acquisition in the natural resources sector. […]
Caerus renews alliance with investor EV Metals
Caerus Mineral Resources plc said it would renew and expand its strategic alliance with global battery chemicals and technology business EV Metals Group (EVM). AUTOMOTIVE PRODUCTS EVM has been the company’s cornerstone investor since Caerus’s admission to AIM in March 2021. Caerus said that EVM had approached the company to renew and expand the original […]