News Oil & Gas

Neptune awarded four new licences in Gjøa area

Neptune Energy was today awarded four new licences, three as operator, located close to existing infrastructure in the Gjøa area of the Norwegian North Sea. SUSTAINABLE The award comprises PL1213 S (40% and operator), PL1211 and PL1219 (each 50% and operator) and PL1217 (20% and partner). Neptune is the operator of the Gjøa platform which serves […]

Company Moves Metals & Minerals News

Power Metal NED Owain Morton leaves

Power Metal Resources plc non-executive director Owain Morton will leave the company with immediate effect due to other work obligations. In July 2023 and while a NED, Mr Morton became director – technology and innovation at Ma’aden in Saudi Arabia where Power Metal has its own interests. Chairman Scott Richardson-Brown said: “As a board, we are sad […]

Metals & Minerals News

CMR adds 26 polymetal permits to Morocco portfolio

Critical Mineral Resources plc (CMR) has added 26 exploration permits prospective for copper, antimony, tungsten, lead-zinc and gold to its Morocco portfolio. INFRASTRUCTURE The new permits were secured through an all-share acquisition of Hesperis Resources SARL, of which CMR’s new chief operating officer Noureddine Sabraoui is a 25% beneficial owner. Sixteen of the permits are […]