Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Oil & Gas

i3 Energy contracts Petrofac for Serenity well as countdown continues

“Operations planning is well underway, and we are on track to spud the Serenity appraisal well in early September," said i3 CEO Majid Shafiq

i3 Energy PLC told investors it has contracted Petrofac for well engineering, operations management and operator services for the drilling of the Serenity appraisal well in the North Sea.

It is a three-year contract and is in addition to an existing contract with Stena Drilling for the use of the Stena Don semi-submersible drilling rig later this year.

A drilling slot has been secured starting between 15 August and 15 September.

"We are very pleased to be working again with PFML [Petrofac Facilities Management Limited] who we contracted to drill the Serenity discovery well in 2019, where operations were completed successfully, safely, on time and on budget,” said i3 chief executive Majid Shafiq.

“Operations planning is well underway, and we are on track to spud the Serenity appraisal well in early September."

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK