Uranium miner ERA has finally put a $369 million rights issue to shareholders including Rio Tinto to rehabilitate the Ranger Project area after months of standoff.
Hartshead has continued to progress the Phase I development of the Anning and Somerville gas fields with the award of Platform and Subsea Front-End Engineering Design (FEED) contracts to Petrofac, and has completed the initial phase of a partial divestment process with interest from a number of potential industry partners.
Plans by North Sea operators to review investments in the UK after the hike in the Energy Profits Levy, meetings of the industry and government on energy security and investment, strikes on offshore platforms, and several contracts for field upgrades featured in the UK North Sea oil and gas industry over the past month.
Here’s a roundup of the latest E&P headlines, including discoveries and the signing of Brazilian concession contracts from the past week in the upstream oil and gas industry.