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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. Discovered in 1998, the Sea […]

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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 Ineos Grangemouth refining and petrochemical complex occupies […]

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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 (CCS) project to be developed […]

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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 design and construction of the […]

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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 small earthquakes had been recognized […]

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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 plc, British Gas became BG […]

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