News Oil & Gas

JOG issues 775,000 share options

Jersey Oil & Gas plc has granted options over in aggregate 775,000 ordinary shares of 1p each in the company to its directors, senior management and employees. DIRECTORS The options exercise at 82.5 pence per ordinary share over a period of seven years for executive directors / officers and five years for non-executive directors. A […]

Finance News Oil & Gas

Capricorn holds talks on Egypt gas price

Capricorn Energy plc said it had reached an initial agreement for an improved gas price over its concessions in the Western Desert, Egypt. ASSETS The deal with state oil company Egyptian General Petroleum Corporation (EGPC) also outlines terms to “promote increased investment and production”. An improved gas price would be for “incremental production and new discoveries alongside […]

News Oil & Gas

Kistos notes Jotun sailaway for Balder

Kistos (Holdings) plc said that the upgraded Jotun floating production storage and offloading vessel is undergoing tests ahead of installation in the Balder area in the Norwegian central North Sea. PROLIFIC The FPSO will be towed from the quayside at Worley Rosenberg yard in Stavanger to Åmøyfjorden for inshore sea trials and anchor installation work […]