The Government has published the North Sea Transition Deal which includes up to £16 billion of government and industry investment, a reduction in greenhouses gases and the creation of new skilled employment. The deal, reached between Government, oil and gas companies and the Oil & Gas Authority (OGA), looks at how the offshore hydrocarbon sector […]
Tag: hydrogen
Bacton study shows hydrogen potential of Southern North Sea
The Bacton area off the coast of Norwich could contribute to the UK’s energy transition by becoming a significant hydrogen production site for London and the South East, said the Oil & Gas Authority (OGA). But the OGA warned that action was needed now to avoid the premature decommissioning of infrastructure and lost hydrocarbon opportunities. […]
IGas expects increase in production for 2021
IGas plc announced it expected to increase production this year with the Welton and Scampton waterflood projects in Lincolnshire now on line. In its unaudited operational, reserves and financial figures for the year ended 31 December 2020, the onshore hydrocarbon company said that net production was within guidance averaging 1,907 boepd for the year. Operating […]
IGas to convert methane into hydrogen at southeast sites
IGas Energy plc said it aimed to produce hydrogen from its existing methane resources after entering a heads of agreement with a US manufacturer of modular hydrogen generation systems. The oil and gas explorer and developer said it had identified two of its exisiting sites in the south east of England where the gas resource could […]