Kistos Holdings PLC - London-based low carbon intensity hydrocarbon producer seeking assets "with a role to play in the energy transition", and joint venture partner in the Greater Laggan Area and co-owner of the Shetland gas plant - Says production was safely restarted on December 16 at its Shetland plant, after the repair of its heating medium system. The plant stopped production on December 12.
Executive Chair Andrew Austin says: "We would like to thank the teams at TotalEnergies for their swift and highly professional approach to this incident, both in the immediate response, and then the subsequent investigation and implementation of the engineering works to successfully ensure the plant was safely restarted and back to full production."
Current stock price: 170.00 pence each
12-month change: down 61%
By Harvey Dorset, Alliance News reporter
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Kistos Holdings (KIST)