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UK: IGas Energy joins academic - industry consortium called Net Zero RISE

IGas Energy has become part of an academic - industry consortium called Net Zero RISE (Research Infrastructure for Subsurface Energy). Its aim is to repurpose existing onshore oil and gas infrastructure as research sites for carbon sequestration, hydrogen storage and closed-loop geothermal technologies.
United Kingdom Igas Energy Hydrogen Supply Research Infrastructure For Subsurface Energy Net Zero Research Infrastructure

UK: Summit Exploration and Production farms out UK Central North Sea Block 22/14c to Dana Petroleum

Summit Exploration and Production has announced the farmout of UK Central North Sea Licence P.2382 (Block 22/14c) to Dana Petroleum. Licence P.2382 contains the K2 prospect a low-risk, gas, exploration target that is within close proximity to established infrastructure.
United Kingdom Dana Petroleum Summit Exploration United Kingdom Central North Sea Licence E Ampp News Il And Gas Exploration

DNeX most active this morning after securing contract from MoF, unit's plans to acquire remaining stake in UK offshore Avalon Oilfield

Dagang NeXchange Bhd (DNeX) rose as much as four sen or 4.91% to 85.5 sen in active trade this morning after news of it winning a contract worth RM88.1 million from the Ministry of Finance (MoF) and its subsidiary's acquisition plans for the remaining 50% stake in the UK's offshore Avalon Oilfield.
Kuala Lumpur United Kingdom Dagang Nexchange Bhd Dne Ministry Of Finance Mo Sumitomo Corp Production Ltd

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