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Investegate |IOG PLC Announcements | IOG PLC: Interim Results

Investegate announcements from IOG PLC, Interim Results ....

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UK: IOG announces 1H 2021 interim results

IOG, the Net Zero UK gas and infrastructure operator focused on high return projects, has announced its unaudited interim results for the six months ended 30 June 2021. Over 2021 to date IOG has delivered a series of key Phase 1 progress milestones on the path to First Gas in Q4. ....

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German gas pipeline operator Thyssengas put up for sale

German gas pipeline operator ThyssenGas has been put up for sale by its owners in a deal that could value the group at 1-1.2 billion euros ($1.2-1.5 billion) including debt, three people close to the matter said on Thursday. Dutch infrastructure fund DIF and French utility EDF's investment arm EDF Invest, which bought the company in 2016, are working with Royal Bank of Canada (RBC) on the divestiture and have already sent out first information packages, the sources said. ThyssenGas, DIF and RBC declined to comment, while EDF Invest was not immediately available to comment. ....

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UK: IOG awards Phase 1 Duty Holder and Operations Contract to ODE Asset Management

UK: IOG awards Phase 1 Duty Holder and Operations Contract to ODE Asset Management
17 May 2021
Independent Oil and Gas (IOG), the UK gas company targeting growth and high returns via an infrastructure-led hub strategy, has announced that, as operator of its joint venture (JV) with
CalEnergy Resources (UK) (CER), it has awarded the
Phase 1 Duty Holder contract for Installation and Pipeline Operator, as well as
facilities operations and maintenance (O&M), to
ODE Asset Management (ODE AM).
Working closely with IOG s in-house operations team, ODE AM will be responsible for delivering safe, efficient and cost-effective production operations from the JV s Phase 1 offshore infrastructure in the UK Southern North Sea (SNS), including the Blythe and Southwark platforms, the Thames Pipeline and the associated subsea connector lines. ....

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CO2-Enhanced Oil Recovery For Decarbonization

CO2-Enhanced Oil Recovery For Decarbonization
May 3, 2021 6:30:pm
Summary
In a future in which the energy system faces dual challenges – addressing carbon concerns and transitioning away from hydrocarbons altogether – reducing the carbon impact of fuels will become a key tool in meeting climate and energy goals.
by: Colin Ward, OXFORD INSTITUTE FOR ENERGY STUDIES (OIES)
Posted in:
CO2-Enhanced Oil Recovery For Decarbonization
As an example, jet fuel is very difficult to substitute due to the low energy density of batteries and the high cost of alternatives like hydrogen, making an upstream solution the only option until technology and costs evolve. Thus, making the best of the existing energy supply chain through decarbonization is a realistic and cost-effective option for the mid-term and warrants investigation. ....

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