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14 May 21
Norway: Spirit Energy granted life extension for facilities on the Vale field
Norway's Petroleum Safety Authority Norway (PSA) has given Spirit Energy Norway consent to use the facilities on the Vale field beyond their original lifespan in order to recover the remaining reserves on the field.
14 May 21
UK: IOG signs collaboration agreement with GeoNetZero CDT on Southern North Sea carbon capture and storage research
IOG has signed a collaboration agreement with GeoNetZero CDT, Heriot-Watt University's Centre for Doctoral Training, whereby IOG will support research into carbon capture and storage (CCS) and other renewable opportunities across Quads 48, 49, 52 and 53, the location of its asset portfolio and broader Bacton catchment area in the UK Southern North Sea.
14 May 21
UK: Hurricane Energy provides update on proposed financial restructuring
Further to the announcement made on 30 April 2021 regarding the proposed financial restructuring of the Group, the Company confirms that it has filed a claim form and draft explanatory statement at the High Court of Justice in London ahead of a convening hearing expected to be held virtually via video conference on 21 May 2021.
13 May 21
Scottish Cluster Campaign launched to promote low carbon technologies
The Scottish Cluster, led by a cross-sector group of Scottish industrial CO2 emitters and the Acorn CCS and Hydrogen Project Partners, has been established as a unification and collaboration of Scottish industries, communities and businesses, calling on the Scottish and UK Governments to deliver the actions needed so that CCS, hydrogen and other low carbon technologies, can enable the decarbonisation of Scottish and UK industry and facilitate a low carbon economy.
13 May 21
UK: Pathfinder relaunch helps revitalise offshore energy supply chain
The Pathfinder website is attracting thousands of users and being widely praised throughout the industry following its relaunch on 1 April this year. First launched in 2010 and moved to the Oil and Gas Authority (OGA) in 2015, Pathfinder was already extensively used, but the wider scope of information it provides alongside better functionality has significantly improved the service.
13 May 21
UK: Angus Energy announces signing of the Saltfleetby finance facility
Angus Energy has announced that the Loan Facility has now been signed between Angus and Saltfleetby Energy, as Borrower and Guarantor respectively, and Mercuria Energy Trading and Aleph Saltfleetby, as the co-Lenders.

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