News Oil & Gas

IOG needs further studies at shut-in Blythe well

IOG plc said it needed to conduct further processes and safety studies before reopening the shut-in Blythe well at its Saturn Banks project in the Southern North Sea. WORKSTREAMS The company and its offshore duty holder ODE Asset Management (ODEAM) are investigating the chemical injection fault on the Blythe platform which led to the Blythe […]

News Oil & Gas

IOG signs new gas off-take deal with BP

IOG plc said it had signed a new gas sales agreement covering the Saturn Banks Phase I fields including Blythe, Elgood and Southwark in the Southern North Sea. PHASE II The deal also includes the Nailsworth and Elland fields which are part of Phase II, on a long-term basis with break clauses after September 2023. […]

News Oil & Gas

Stormy weather delays IOG first gas

IOG plc said that the current storms had delayed first gas until March from its Saturn Banks gas project in the Southern North Sea. SATURN BANKS The Phase 1 project comprises the Blythe, Elgood and Southwark fields in which IOG owns a 50-50 interest with CalEnergy Resources. STORMY WEATHER The company said that the Saturn Banks reception facilities preparation […]