Less Ads, More Data, More Tools Register for FREE

IN BRIEF: IOG installs unmanned gas platforms in North Sea

Mon, 07th Jun 2021 12:36

IOG PLC - gas production in UK southern North Sea - Says that the Blythe and Southwark gas platforms, which will operate as normally unmanned installations, have successfully been installed at their respective offshore field locations in the second quarter of this year, in line with the project schedule.

"Safe, successful and timely installation of the Blythe and Southwark unmanned platforms is another important milestone for our phase 1 development. These facilities are integral to our infrastructure-led hub strategy and form a pivotal link between our co-owned and operated offshore pipeline network and our onshore Thames Reception Facilities at Bacton Terminal," says Chief Executive Andrew Hockey.

Current stock price: 22.00 pence

Year-to-date change: up 67%

By Greg Roxburgh; gregroxburgh@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

Related Shares

More News
11 Oct 2023 13:15

IOG appoints administrators to evaluate financial position

(Alliance News) - IOG PLC on Wednesday said it has appointed joint administrators, which are now evaluating the company's position.

28 Sep 2023 17:14

IOG shares suspended as places itself in administration

(Alliance News) - IOG PLC shares were suspended from trading on AIM on Thursday, after it said it will be placed into administration.

13 Sep 2023 11:49

LONDON MARKET MIDDAY: Stocks down as investors wait for US inflation

(Alliance News) - Stock prices in London were lower at midday Wednesday as investors eyed a key US inflation reading later in the day, ahead of the Fe...

13 Sep 2023 11:18

IOG says Blythe H2 well efficiency up but gas rate down in August

(Alliance News) - IOG PLC on Wednesday said operating efficiency for the Blythe H2 well in the UK North Sea was up in August compared to the year-to-d...

13 Sep 2023 10:52

AIM WINNERS & LOSERS: IOG down on "challenging" financial position

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.