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Rising stars recognised at Young Professionals Green Energy Awards

Updated: 28/05/2021, 11:24 am
© Scottish Power Renewables
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The up and coming stars of the renewables industry were recognised for their achievements last night at the virtual Young Professionals Green Energy Awards.
Organised by Scottish Renewables, more than 300 people tuned into the event, which would normally be held live in Glasgow, to see eight rising stars collect their accolades.
Winners included Hannah Collings of Aberdeen-headquartered consultancy Xodus Group, who took home the project development award. ....

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ADM Energy commissions Xodus Group to produce new CPR on Barracuda Field

ADM Energy commissions Xodus Group to produce new CPR on Barracuda Field
25-05-2021 09:07:23 | by: Bob Koigi | hits: 215 | Tags:
ADM Energy PLC, a natural resources investing company has commissioned Xodus Group Ltd, a global energy consultancy, to produce an updated Competent Person’s Report (“CPR”) on the Barracuda Field.
The new CPR is the next step in the agreed scope of work under the Risk Sharing Agreement (“RSA”) for the development of the Barracuda Field, in which the Company holds an indirect interest.
The independent report will provide a full technical and economic review of the Barracuda Field, assessing the latest data to define the asset’s geological profile and estimated gross in-place and recoverable oil and gas volumes from oil and gas accumulations located in NW OML 141 Licence Area, onshore Nigeria. Xodus will use the Society of Petroleum Engineers (“SPE”) Petroleum Resource Management System (“PRMS”), updated in 2018, for ....

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Online Blockchain PLC climbs after plans to open Gibraltar office

Online Blockchain climbs after plans to open Gibraltar office
A look at the major movers on the London market on Tuesday
11.46am: Blockchain business boosted
Online Blockchain PLC (LON:OBC) is in demand after it announced the opening of an office in Gibraltar.
The blockchain research and development company said Gibraltar offered a number of benefits including access to EU membership, tax-free income, a low annual renewal fee and freedom to conduct business globally.
Chief executive Clem Chambers said: Online Blockchain is particularly suited to such a benign and forward-thinking jurisdiction, and can capitalise on the many opportunities that Gibraltar affords. ....

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ADM Energy PLC commissions Xodus Group for new CPR at Barracuda field

The independent review is seen as a springboard for the the planned development of the Barracuda field.
ADM Energy PLC (LON:ADME) has commissioned consultant Xodus Group Ltd for an updated competent person s report (CPR) to assess the Barracuda field, in Nigeria’s Niger Delta.
Completion of a new CPR is the next step in the agreed scope of the Barracuda risk sharing agreement and the independent report is expected to provide a full technical and economic review of the field.
Included will be new estimates of the field’s gross in-place and recoverable oil and gas volumes.
The new CPR is the springboard for the RSA Consortium s plans to develop the Barracuda Field and take the asset into production,” said chief executive Osamede Okhomina. “It will validate the appraisal work already conducted by our internal technical team, which has defined immediate recoverable reserves and significant potential beyond. ....

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Sosandar PLC climbs after successful fundraising to strengthen balance sheet

Tremor jumps 10% after record first quarter performance
A look at the major movers on the London market on Tuesday
Shareholders in Tremor International Ltd (LON:TRMR) were shaking with excitement after a positive update.
The company, which specialises in software aimed at the advertising market, said it had turned in a record performance for the first quarter, which is traditionally a quieter period for the business.
Revenues jumped 96% to US$63mln while profits soared from US$0.5mln to US$27.5mln.
Tremor added that it was confident in its medium to long-term prospects and was well placed to benefit from the ongoing resurgence in the global digital advertising industry . ....

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