Bacton Gas Terminal News

 

IOG Enters Carbon Capture and Storage Research Project

May 14, 2021

Independent Oil and Gas (IOG), the UK-based company developing gas fields in the North Sea, said Friday it had signed a collaboration agreement with GeoNetZero CDT to explore carbon capture and storage opportunities.GeoNetZero CDT is Heriot-Watt University's Centre for Doctoral Training…

Australia's South Needs LNG Import Terminal to Avoid Gas Shortfall in 2024

Feb 16, 2021

Australia's southern states will need to import natural gas to fill a looming shortfall by 2024, as last year's COVID-19 induced oil and gas price slump has slowed investment in new fields, the country's competition watchdog said on Tuesday…

IOG: Platform Construction on Track for North Sea Project

Jan 11, 2021

UK-based oil firm Independent Oil & Gas has informed that work on the construction of the two platforms being built for its North Sea development project was progressing well with delivery scheduled for 1Q 2021. The company also said it would appoint new COO in the coming weeks…

Croatia's Floating LNG Terminal Starts Operations

Jan 04, 2021

Croatia's liquefied natural gas (LNG) terminal on the northern Adriatic island of Krk began operations on Friday amid the first delivery of gas, said the company which runs the unit.'LNG tanker Tristar Ruby anchored with 143,000 cubic meters…

SSE Sells North Sea Gas Fields to Viaro Energy. Focuses on Renewables

Dec 30, 2020

Scotland-based energy company SSE plc has agreed to sell all of its interests in its portfolio of gas exploration and production (E&P) assets to Viaro Energy for a total consideration of up to £120 million (around $160 million). The diverse…

Subsea 7 Orders JDR Umbilicals for IOG's Elgood Field

Sep 15, 2020

Subsea umbilical and cable company JDR has won a contract with Subsea 7 to supply a 9.3km production and control umbilical, topside equipment and subsea terminations for the offshore Elgood field in the UK Continental Shelf.Elgood, operated by Independent Oil and Gas…

IOG Ponders Deltic Energy Takeover Bid

Sep 11, 2020

The North Sea-focused oil and gas company Independent Oil & Gas said Friday it was considering tabling an all-stock offer for the takeover of rival Deltic Energy. Deltic Energy is a London-listed company with assets in the North Sea. The company…

Snam Eyeing Stake in Greek Offshore LNG Terminal

Sep 09, 2020

Greek gas grid DESFA, 66%-owned by a consortium led by Italy's Snam, is interested in buying a stake in an offshore liquefied natural gas (LNG) terminal in northern Greece, people familiar with the matter said on Tuesday.DESFA is considering…

Boskalis Completes North Sea Pipeline Replacement Project for Perenco

Aug 31, 2020

Boskalis Subsea Services, a subsidiary of the Dutch marine services giant Boskalis, on Monday said it had completed work on a North Sea pipeline as part of a 'multi-million-pound' contract awarded to it by Perenco. The Aberdeen-based company mobilized the dive support vessel (DSV) the Boka Da Vinci…

IOG Orders Two Platforms for North Sea Gas Development

Aug 03, 2020

UK-based oil and gas company Independent Oil and Gas has ordered two offshore platforms for its Core Project Phase 1 development in the North Sea.The Core Project comprises gas resources across six discovered UK Southern North Sea ('SNS') gas fields…

Total Looking to Sell Stake in North Sea Pipeline

Jul 15, 2020

French energy company Total is seeking to sell its 25.7% stake in the Shearwater Elgin Area Line (SEAL) natural gas pipeline in the British North Sea, industry sources said.The sale could raise about $200 million, one of the sources said.Total…

IOG, CalEnergy in Further Harvey Farm-In Talks After Option Lapses

Feb 28, 2020

UK-focused oil firm Independent Oil and Gas has said that it remains in talks with CalEnergy over the latter's participation in IOG's North Sea blocks.Namely, CalEnergy Resources, part of Berkshire Hathaway Energy, had an option to acquire a…

Excelerate to Build FLNG Terminal in Philippines

Sep 27, 2019

Philippine authorities have given Excelerate Energy LP permission to proceed on plans to develop a floating natural gas import terminal to supply existing and new power generation.Texas-headquartered player in floating LNG regasification solutions…

SSE Selling North Sea Gas Fields

Sep 02, 2019

British energy provider SSE has kicked off the process to sell its 140 million cubic feet per day portfolio of North Sea gas fields in a single package, a sale document seen by Reuters showed.SSE said in May it was looking to sell its gas production assets…

IOG to Spud Harvey Appraisal Well in August

Jul 24, 2019

UK-focused Independent Oil and Gas (IOG) said it plans to spud an appraisal well in the Harvey prospect during the first week of August.The Maersk Resilient is currently due to finish its prior operations over the coming week and start re-locating to Harvey…

Current News

UK: Renewables Workforce to Grow to 42,000 In Next Five Years

UK: Renewables Workforce to Gr

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Shell Hires Subsea7 for Work a

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CNOOC Starts Production at Off

Crew Member Dies in Accident on Tidewater’s Polaris PSV

Crew Member Dies in Accident o

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