Neptune Energy has begun work on the tenth gas well with an infill drilling campaign at its operated joint venture Cygnus gas field in the southern North Sea. GAS HEATING Cygnus partners comprise Neptune as operator (38.75%) and Spirit Energy (61.25%). The company said that the operation had the potential to unlock enough gas to […]
Day: 15 November 2024
Rockhopper awarded €190m in arbitration with Italy
Rockhopper Exploration plc has been awarded €190 million (£160m) compensation relating to the Ombrina Mare oil field dispute following the ICSID* arbitration with Italy. OUTCOME “The arbitration panel unanimously held that Italy had breached its obligations under the Energy Charter Treaty entitling Rockhopper to compensation,” added the company in a statement. “The award is final and binding […]
Cornish Metals intersects high grade mineralisation at United Downs
Cornish Metals Inc said it had intersected multiple high grade copper-tin-zinc mineralised zones based on the remaining results from Phase I drilling at its United Downs project in Cornwall. TARGETS The results include those from the Mount Wellington and United Mines targets within the project which lies some eight kilometres east of the South Crofty […]