Member Info for DiveCentre

It is recent news and nothing to be concerned about.

https://www.agcc.co.uk/news-article/ikm-testing-uk-secures-offshore-shutdown-support-contract-with-dana-petroleum-e-p-limited

Hopefully it will reduce unplanned shutdowns.

Reported in today's Telegraph that Miliband is understood to have led the revolt (supported by Reeves) against any British involvement in the Iran war arguing that it would be illegal. Begs the question who is running the country?

Steamer is too weak to sack Miliband and if you remember it was reported last year that Starmer wanted to move Miliband, who refused and Starmer capitulated, so I remain sceptical on any early removal of the EPL.

Meanhile energy security can go to hell.

"With no SPR for gas and apart from the USA precious little storage facility those who had started to get used to LNG from Qatar may be disappointed. Since I mentioned it, well sort of, that brings UK energy policy to the fore, well we are sitting on the North Sea full of gas and oil and yet our own Government has banned us from utilising it… It’s all very well Ed Milliband saying we can buy from whom we choose but not if it’s shut-in. Don’t tell us you weren’t warned, any money on another U turn…?

credit to MGW.

The prospect of an early dropping of the EPL has always been remote, and given the result of the Gordon and Denton by-election the likelihood is further drift towards leftwing and green policies. That said SQZ has been managing very well despite the EPL I look forward to more to come.

Couerdelion

It probably means Negotiated Trade.

The mm's are short of stock. Selling is no problem.

Something is driving this and it is not just the oil price.

I'm sure there are people who know something.

Tony Blair is reviled in the labour party so no one is going to take heed of his advice. Yes we know the advice is sensible but the labour party does not do sensible. However if the Muslim Council of Britain urged Ed Miliband to abandon his crackdown on North Sea oil........

MP0818

This is google AI's considered response to your post:

Based on recent search results, there is no evidence that the Tony Blair Institute (TBI) has issued a paper recommending the scrapping of the English Premier League (EPL).

The most sickening thing about this is that the sale of Lancaster to Serica has completed but it is the sale of the other assets which Prax were in the process of buying, and which have have provided no return for DCU holders that is now delaying payment.

Google the odds and you will see Raynor is the favourite, Streeting second and Miliband third. Interesting that todays Telegraph article on the subect makes no mention of Miliband. The immortal words of Frazer come to mind.

How long did it take to work that one out?

Looks like you were wrong.

Any thoughts on todays rise? Is it speculative or leakage?

You are entitled to you opinion, but what will cutting Director remuneration packages acheive?

Whinging about directors is pointless and stupid. The only thing that matters is what will precipitate FID.

One factor is the FPSO. If Dana were to find a potential customer would NEO be prepared to lose the option?

It's easy to be wise after the event.

Bigred7

The BBC will not be all over this because they are full of climate change activists, and against the production of hydrocarbons. They want to save the planet even if that means turning the UK into a third world economy.

The RNS 21/10/25 declaring the final dividend concluded with the statement:

“Furthermore, the Board has set a target dividend for the financial year ending 30 June 2025 of not less than 9.0 pence per Ordinary Share. This is expected to be covered by earnings and to be post debt amortisation.”

The board should be asked if this statement can still be relied on.

Thanks.

Pisces

Do you remember the time and date when the offload completed?