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Tailwind to divest Conwy field in Irish Sea to Eni UK 24 May 2021 (Last Updated May 24th, 2021 12:37)
Tailwind agrees to divest its 100% stake in Conwy field in the East Irish Sea to Eni UK.
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The Conwy field exports reservoir fluids via a subsea pipeline to Douglas Complex. Credit: Kristina Kasputienė from Pixabay.
Tailwind has signed an agreement to sell the entire stake in the Conwy field, which is in the East Irish Sea, to Eni UK.
Located within Block 110/12a, the Conwy field is a tie-back to the Eni-operated Douglas Field installation located in adjacent block 110/13b.
UK oil and gas firm Tailwind secured 100% operated interest in the Conwy field as part of the acquisition of EOG Resources UK. The acquisition deal was closed in 2018.
1. Parkmead is an independent, UK and Netherlands focused energy group that is listed on AIM on the London Stock Exchange (symbol: PMG). Parkmead is focused on growth in the oil and gas upstream and renewable energy sectors, targeting transactions at both asset and corporate level. 2. In January 2018, Parkmead significantly increased its equity in the Greater Perth Area oil hub project from 60.05% to 100%. The Group also announced that it had signed an agreement with Nexen Petroleum, a subsidiary of China National Oil Corporation (CNOOC), to conduct a detailed engineering study in relation to the potential subsea tieback of the Greater Perth Area project to the Scott platform and associated facilities in the UK Central North Sea.
Ithaca sanctions EOR Stage 2 project at Captain field offshore UK 9 April 2021 (Last Updated April 9th, 2021 12:09)
Ithaca Energy and Dana Petroleum have sanctioned the second phase of the enhanced oil recovery (EOR) project on the Captain field located in Block 13/22a in the UK Central North Sea.
Ithaca Energy operates the Captain field with majority stake. Credit: Ithaca Energy.
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Ithaca Energy and Dana Petroleum have sanctioned the second phase of the enhanced oil recovery (EOR) project on the Captain field located in Block 13/22a in the UK Central North Sea.
The move comes after the partners secured field development plan addendum consent from the UK Oil and Gas Authority (OGA).
Ithaca Energy has announced the sanction of the Captain Enhanced Oil Recovery Stage 2 project in the UK Central North Sea.
Ithaca Energy has announced the sanction of the Captain Enhanced Oil Recovery (EOR) Stage 2 project in the UK Central North Sea.
The sanction comes after the company received field development plan addendum consent from the UK Oil and Gas Authority, Ithaca Energy, which operates the Captain field, revealed. EOR Stage 2 is designed to significantly increase hydrocarbon recovery by injecting polymerized water into the reservoir through additional subsea wells, subsea infrastructure, and new topsides facilities, Ithaca Energy highlighted.
“Consent for Captain EOR Stage 2 progresses the application of a technology that has already demonstrated an improved recovery rate and helps extend the life of the Captain field,” Bill Dunnett, Ithaca Energy’s chief executive officer, said in a company statement.