Member Info for Ducati2

Timelines slipped yet again!

Kylie75, Sound Energy are putting together a micro LNG plant and that takes time. Some oil and gas companies can wait 3 to 6 months for general maintenance valves. Delays, yes very disappointing but this is what happens in oil and gas unfortunately. There will be more delays to come no doubt, but looking forward to Graham’s next update.

GLA.........Kylie75 you also.

Https://twitter.com/soundenergyplc/status/1732699464140263614?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

Gas master plan.

https://www.bloomberg.com/news/videos/2023-12-06/morocco-needs-9b-for-its-energy-transition-video

During the interview, Benali mentioned that Morocco is planning to invest a further $4 billion into its gas sector over the next few years.

While the world is aiming to move towards phasing out natural gas, the minister explained that it remains necessary at this stage to “accommodate the intermittency of renewables.”

https://www.moroccoworldnews.com/2023/12/359368/morocco-needs-9-billion-to-reach-green-energy-production-goals

Hmmm, I also had a response this week, Kylie maybe, just maybe you have be asking price sensitive questions, or change your approach or wording and you may get a reply from the management. Happy investing, with all your posts lately you must be fairly heavily invested. Good luck.

Roll on TE4! What’s your thoughts on that drill in the future...........

Oil Head, is the book + or - looking ahead. I’ve has a position and topped up this morning on the drop. Waiting patiently for more contracts that will come.

Petrofac UAE is Emirates is well placed to benefit from the move to renewables.

https://www.thenationalnews.com/climate/cop28/2023/11/22/uae-faces-risk-and-opportunity-in-green-energy-transition/

Hopefully work will begin soon with the well preparations, flexible flow line installation to the manifold once onsite. Looks as if the work being carried out is to make sure the Xmas tree valves are operating. Would be good to receive an update from Graham and the team.

Https://twitter.com/soundenergyplc/status/1727221158058377609?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

Https://app.frame.io/presentations/aa930f5d-d589-44e8-8483-5aee18a486d9

https://twitter.com/soundenergyplc/status/1721542653714604145?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

The intention is that the National Office of Hydrocarbons and Mines will benefit from an investment of 2.6 billion dirhams - just under 240 million euros.

It is intended to allocate a large part of the investment to projects such as the "development of the Tendrara operating concession, the maintenance of the Maghreb-Europe (GME) gas pipeline, the Office's participation in the Nigeria-Morocco gas pipeline and the development of the MKL-110 (Meskala) gas well".

https://www.atalayar.com/en/articulo/economy-and-business/morocco-boosts-energy-investment-with-26-billion-dirhams-for-mining-and-hydrocarbons/20231029090000192721.html

Also......

https://www.moroccoworldnews.com/2023/10/358616/as-lng-prevails-morocco-and-spain-should-deepen-energy-cooperation

Date Time Trade Prc Volume Buy/Sell Bid Ask Value

26-Oct-23 15:31:32 0.779 12,000,000 Unknown* 0.782 0.90 93.48k O

26-Oct-23 16:23:39 0.795 5,000,000 Unknown* 0.782 0.90 39.75k O

26-Oct-23 15:18:09 0.79 4,000,000 Unknown* 0.772 0.83 31.60k O

Not sure if that link loaded?

https://twitter.com/soundenergyplc/status/1712406403711680676?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

Https://twitter.com/soundenergyplc/status/1712406403711680676/mediaViewer?currentTweet=1712406403711680676¤tTweetUser=soundenergyplc

Https://www.petrofac.com/media/stories-and-opinion/decarbonisation-is-an-opportunity-for-innovation-value-creation-and-differentiation/

Https://www.atalayar.com/en/articulo/economy-and-business/natural-gas-essential-for-morocco-in-the-energy-transition-period/20230926174226191479.html

Https://twitter.com/soundenergyplc/status/1705125737433305543?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

Https://twitter.com/soundenergyplc/status/1704763169929838785?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

Https://gameishard.gg/news/the-3rd-morocco-oil-gas-summit-and-exhibition-to-discuss-promising-energy-opportunities-in-africa/206410/

Morocco is seeking partners to develop its gas network to feed the country’s industrial hubs and to one day potentially carry green hydrogen both home and abroad.

The state will soon tender to select at least one private partner to help develop and manage the infrastructure, which could include terminals and pipelines, according to Energy Transition Minister Leila Benali. The World Bank’s International Finance Corporation is helping with the process, she said.

Both gas and green hydrogen have become a focus of Morocco’s energy plans. It’s one of Africa’s top fossil fuel importers, but onshore and offshore gas finds could help cut coal needs. There’s also growing interest to build a clean hydrogen sector, especially given Morocco’s geographical proximity to the European Union, and its free trade agreement with the bloc and US.

“We have many players asking us about that infrastructure,” Benali said on the sidelines of a conference in Marrakech on Tuesday, referring to gas. “Our gas development plans seek to bring flexibility to the country’s energy system.” That infrastructure will be connected to the Maghreb-Europe pipeline through which Morocco imports gas from Europe. It could be injected with green hydrogen at later stage, she said, without giving details.