Clontarf Energy plc could submit bids for a direct lithium extraction project from seven priority salt pans, or salares, in Potosí and Oruro, Bolivia. PILOT PLANT The company’s joint venture with US-based NEXT-ChemX Corporation plans a pilot plant in Bolivia in partnership with state-owned lithium company YLB* by the end of 2024. On 26 January, […]
Day: 19 December 2024
Parkmead mulls geothermal energy for Fynn Beauly
The Parkmead Group could use geothermal energy instead of injecting hot water to reduce oil viscosity for enhanced recovery in Fynn Beauly in the central North Sea. SUBSTANTIAL The discovery is part of three new offshore blocks 14/15a, 14/20d and 15/11a in a new licence awarded to the operator’s 50-50 joint venture with Orcadian Energy […]
Tungsten West receives MPF draft permit
Tungsten West plc has received a draft permit to operate the mineral processing facility at the Hemerdon tin-tungsten mine in Devon. FINANCING The company is reviewing the draft permit before documentations are finalised and a public consultation held where the Environment Agency will “identify that they are ‘minded to’ grant the permit”. Tungsten West said […]
Deltic JV signs rig contract for Pensacola-Selene
Deltic Energy plc said that a rig contract has been confirmed for the Selene exploration and the Pensacola appraisal wells in the southern North Sea. SCHEDULE Joint venture partner and operator Shell UK Ltd will drill on licences P2437 and P2252 using the Valaris 123, a heavy duty jack-up rig. The contract and mobilisation beginning […]
Predator to evaluate Jurassic structural closure
Predator Oil & Gas Holdings plc has extended its rig contract for drilling the MOU-5 well to evaluate the 177km² Jurassic structural closure at Guercif onshore Morocco. COSTS The Jurassic structural closure in a crestal location was penetrated in MOU-4 in 2023. Drilling will target a “potentially thick development of porous and permeable, early Jurassic […]