Neptune Energy has completed a first-of-its-kind collaboration with Environmental Defense Fund (EDF) using advanced drone technologies to measure methane emissions from a working UK offshore platform. OBJECTIVE The operation assessed advanced methods for identifying, quantifying and reducing offshore methane emissions from the Neptune-operated Cygnus gas production facility in the UK Southern North Sea. Results of […]
ESG
OGA investigates proposed sale of producing fields
The Oil and Gas Authority (OGA) has started investigating the proposed sale by Esso Exploration & Production Ltd (EEPUK) to NEO of 13 producing fields, specifically Elgin Franklin, in the North Sea. SANCTIONABLE OGA said it was concerned that the transaction was not progressing as quickly as expected. The regulatory authority has previously raised concerns generally about ”transaction drag” and the chilling […]
Ascent targets H2 for first agreement on ESG mining
Ascent Resources plc said it was making progress on multiple fronts following last year’s restructuring of its board, strategy and portfolio of interests in Cuba and Slovenia. FINANCES In its interim results for the six months ended 30 June 2021, the company reported revenue of £nil with closing cash at £766,000 (H1 2020: £304,000). Losses for the period were […]
Hummingbird completes GAP for Yanfolila
Hummingbird Resources plc said it had completed its GAP analysis as part of a series of programmes for its environment, social and governance (ESGs) practices near its Yanfolila gold mine in Mali, West Africa. SOCIAL World Gold Council Responsible Gold Mining Principles (RGMPs): Hummingbird’s GAP analysis was completed towards the end of Q2 2021. This is […]
OGA investigates possible breach of flare consent
The Oil and Gas Authority (OGA) has started an investigation into a possible breach of a flare consent, contrary to the requirements of the licence. The investigation follows an inquiry which concluded that there was sufficient initial evidence to merit a full investigation into a potential failure to comply. The investigation will, among other things, gather and assess further information to […]
OGA investigates possible breach of production consents
The Oil and Gas Authority (OGA) has opened an investigation into a possible breach of field production consents, contrary to the requirements of the licences. REPRESENTATIONS The investigation follows an inquiry which concluded that there was sufficient initial evidence to merit a full investigation into a potential failure to comply with such consents. Among other actions, the investigation will gather and assess further information to enable the OGA […]