Jersey Oil & Gas has announced that the co-venturers in respect of UKCS Licence P.2170, which contains the Verbier oil discovery and the Cortina prospect, have approved a work programme and budget for 2018.
Serica Energy plc, an independent oil and gas company with production, development and exploration licence interests in the UK North Sea and exploration interests in Ireland and Namibia, have provided an operations update.
The AWE Board will evaluate the proposal and provide a recommendation for shareholders in due course. Meanwhile, the Board advises shareholders to take no action regarding the proposal.
Subsea services company, Rovco has appointed Liam Warren as operations manager to support the delivery of complex ROV and survey projects across the globe.
Targa will manage the construction of LM4 and will operate the plant. Hess Midstream’s 50% interest in the joint venture will be held through Hess TGP Operations LP, in which Hess Midstream owns a 20% controlling economic interest.