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Special reports

Lion Energy announces strategic review of assets

The board of directors is undertaking a strategic review of the company’s assets, with a view to rationalising any non-core assets and focussing on a production orientated portfolio of projects. The results of this work are expected in early March, 2018.

 

TAF Oil reports Q3 2018 results

TAG Oil Ltd., reports its third quarter results for the interim period ending 31 December 2017, highlighted by a 6% increase in revenues and a 40% increase in operating netbacks from the previous quarter.

 

OGIC to strengthen innovation ties with China

A selection of Scotland’s leading oil and gas research and development institutions will be heading to China next month (5 - 10 March) to strengthen ties, share knowledge and increase business opportunities with leading innovation houses in Beijing.

 
 

Royal and ministerial endorsements for Gastech 2018

Gastech, the global exhibition and conference at the forefront of the international gas, LNG and energy industries, is delighted to have received the Presidency of Honour from His Majesty King Felipe VI of Spain as the event arrives in Barcelona for its 30th edition.

 

Faroe announce sale of 17.5% Interest in PL586 to Suncor

Faroe Petroleum plc, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, has announced that it has executed a transaction with Suncor Energy Norge AS for the sale of a 17.5% working interest in the Fenja development located in PL586 in the Norwegian Sea.

 
 
 

EY’s oilfield services sector report welcomed by Oil & Gas UK

Oil & Gas UK’s chief executive Deirdre Michie welcomes EY’s UK oil field services report, which shows the sector gearing up for growth but still dependent on industry maintaining its focus on achieving further recovery in 2018.

 

Angus Energy completes £2 million private placement

Angus Energy Plc, a conventional oil and gas production and development company, has successfully raised £2.0 million (gross) by means of a private placement with institutional and private investors.

 
 
 
 

Shell extends Jacobs' contract in Alberta

This contract award builds on Jacobs momentum of securing several significant maintenance and turnarounds contracts in North America this past year.