Page 8 - ஒன்றுபட்டது கிஂக்டம் கண்டம் அலமாரி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

AS a pioneer of exploration in the West of Shetland faces huge uncertainty bigger fish have provided a sign that there is still interest in the area in spite of the challenges posed by the pandemic. Hurricane Energy helped generate great excitement about the West of Shetland area by making what looked like bumper finds in an under-explored later of rock. The company saw its stock market valuation soar to more than £1 billion in 2019 after starting production from the Lancaster field. However, the company is now facing huge uncertainty following the outcome of a legal hearing regarding a plan that would have resulted in creditors taking control of the business, which has seen its valuation fall to around £40 million.

Siccar pointScottish bordersUnited kingdomNorth seaOceans generalJustice zacaroliSiccar point energyRoyal dutch shellGas authorityHigh courtPoint energyEarth scotlandUnited kingdom governmentDutch shellMarch lastUnited kingdom continental shelf