Posts Tagged ‘UK Government’

Premier Oil and Rockhopper change strategy on Falklands Sea Lion

Premier and Rockhopper to switch from TLP to FPSO The UK-based junior companies Premier Oil plc (Premier Oil) and Rockhopper Exploration plc (Rockhopper) are changing their strategy to develop the Sea Lion oil and gas project located offshore the Falklands Islands in the contested zone of the South Atlantic Ocean. […]

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Chemical group Ineos bets $1 billion upstream in UK shale gas

Ineos to feed Grangemouth with Scotland shale gas Introducing itself as “THE WORD FOR CHEMICALS”, the Swiss-based company Ineos is maneuvering a strategic breakthrough in planning $1 billion capital expenditure in UK shale gas to feed its petrochemical complex in Grangemouth, Scotland. Acquired from BP willing to focus on upstream activities, the […]

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Shell and SSE go on world-scale UK Carbone Capture and Storage project

Technip won FEED for Shell Peterhead CCS project The Royal Dutch Shell (Shell) and the Scottish utility company SSE Generation Ltd (SSE) have selected the french engineering company Technip to provide the front end engineering and design (FEED) work for the construction of the world-scale fully integrated carbon capture and storage […]

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UK new tax policy triggers North Sea Kraken heavy oil development

EnQuest to award Kraken FPSO to Bumi Armada The Scottish joint venture made of Aberdeen-based EnQuest and First Oil plc ( First Oil) companies together with the Edinburgh-registered Cairn Energy plc (Cairn) have issued a letter of interim agreement (LOIA) to the Malaysian engineering company Bumi Armada (Bumi) for the […]

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UK lifts fracking ban on shale gas

UK to lead shale gas exploration in Europe On December 13th, 2012, the UK Government lifted the ban on exploration and production of shale gas with the expectation to develop a dedicated industry upstream and downstream that could create 42,000 permanent jobs. This ban had been decided in 2011 after […]

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BG Group in brief

A world leader in natural gas In August 1986, The UK Government established and enlisted in London Stock Exchange British Gas Plc by the privatization of the British Gas Corporation and transfer of the corresponding assets. After spinning off the non strategic activities, Centrica plc. and what is renamed today National Grid […]

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