An estimated 100,000 litres of oily-water mix has now been recovered from the Perenco oil pipeline leak of reservoir fluids under Ower Bay, Poole Harbour in Dorset. CONTAINMENT Poole Harbour Commissioners (PHC), which is leading the clean-up operation, added that a cofferdam had now been constructed and excavation of the oil pipe was due to […]
Month: November 2024
Horizonte notes 365,000 share options exercise
Horizonte Minerals plc will admit 365,000 ordinary shares on AIM following the exercise by option holders. On issue of the new ordinary shares, the company’s issued share capital will comprise 268,778,906 ordinary shares, each with voting rights.
Mining supply chain association ABMEC adds nine new members
The trade association for the British mining supply chain has added nine new members in the past six months, offering a range of products and services to the industry. COMPANIES ABMEC welcomed Fuchs Lubricants (UK) plc; EPC UK plc; Maptek; MRS Training & Rescue; Hydra-Perm; Normet; Reliance Barker Davies Ltd; Central Alliance; and Specialist Engineering […]
UKOG completes drilling pad-access road for Pinarova-1
UK Oil & Gas plc has completed construction of the drilling pad and access road for the Pinarova-1 shallow oil exploration well on the Resan licence in Turkey. PROGRAMME The 50-50 joint venture with operator Aladdin Middle East expects to mobilise the drilling rig to the site and start drilling in the first half of […]
JOG in farm-out talks with ‘industry heavyweight’
Jersey Oil and Gas plc (JOG) said it was in advanced exclusive discussions with a “significant UK North Sea operator” for the farm-out of the Greater Buchanan Area (GBA) in the central North Sea. LICENCES JOG owns operatorship and 100% working interests in blocks that contain the Buchan oil field and J2 oil discovery. It […]
IGas Energy seeks near-term projects
IGas Energy plc aims to seek near-term profitable production projects and has abandoned plans to take legal action against the Government following last year’s reimposed moratorium on hydraulic fracturing. SHALE GAS The company said its portfolio of shale licences totalled 292,100 net acres with estimated mean volumes of undiscovered GIIP of 93 tcf. In its […]