Angus Energy plc has signed an off-take agreement with Shell Energy Europe Ltd, a division of Royal Dutch Shell plc, for the entire production from the Saltfleetby gas field in Lincolnshire. TERMS “We are pleased to have signed this agreement with Shell Energy which will cover all of the gas produced from Saltfleetby,” said managing director […]
Oil & Gas
Angus to divert Saltfleetby pipeline onto National Grid
Angus Energy plc is to extend and divert its existing gas pipeline at Saltfleetby on the East Lincolnshire coast onto the nearby National Grid entry point. COMMISSIONING The county council granted permission for the work in onshore Saltfleetby gas field, which involves extending the pipe by 750 metres, to the Theddlethorpe gas rerminal (TGT). Angus […]
West Newton JV to drill following positive test results
The West Newton joint venture will in the next few weeks start onshore drilling operations following positive test results at the site in the East Riding of Yorkshire. JOINT VENTURE The operator is Rathlin Energy UK Ltd who in 2008 applied for a licence to explore for oil and gas in east Yorkshire. The JV […]
United acquires Walton Morant from Tullow
United Oil & Gas plc has acquired the Walton Morant licence in Jamaica on a 100% operated basis, with its initial exploration period extended by 18 months. TARGETS The Jamaican Government approved the move which sees United take Tullow’s 80% equity in the licence for a nominal fee to become the operator and 100% equity […]
Cuadrilla views fracking as still an option in the UK
The future of hydraulic fracturing – fracking – for gas exploration in the UK remains open, said Australian engineering firm AJ Lucas (Lucas). MORATORIUM As of February 2020, Lucas owned 97% of shares in British oil and gas exploration company Cuadrilla Resources operating in Lancashire. In 2019, the Government imposed a moratorium following a report […]
EnQuest to cut more than 500 North Sea jobs
EnQuest announced it will make 530 redundancies in its North Sea operation to make savings of £241million ($300m) following the slump in demand and in oil prices. The industry’s body Oil and Gas UK has warned that it expected as many as 30,000 job losses across all companies to go as a result of the […]