Sound Energy begins well preparations at Tendrara
A binding rig contract has been signed with Saipem for a National 110 UE (1500 HP) traditional rig.
Company
LON:SOU
Sound Energy PLC is a transition energy focused business. The company's Micro LNG project aims to bring much-needed gas supply to Morocco, reducing the reliance on imported LPG, and playing an important role in the transition to lower carbon energy sources. Gas is also planned to be sold to local power stations via pipeline links, and surplus gas may be sold into the Greater Middle East, displacing the reliance on coal.
688 stories · page 30 of 35
A binding rig contract has been signed with Saipem for a National 110 UE (1500 HP) traditional rig.
Archive
Specialist security group Westminster saw shares advance as cargo screening operations began at Freetown International Airport (FNA) in Sierra Leone, West Africa.
The FTSE 100 Index gave up early gains as banks fell but AstraZeneca was among the risers
Sound expects to start drilling its first well at the Tendrara licence, in north east Morocco, within the coming weeks.
The FTSE 100 Index began the session on the front foot, then receded to stand 3.4 points adrift at 5685
Output will now increase over the coming months to a planned production rate of 1.8MMscf/d
Archive
China Nonferrous Gold said non-executive director Abuali Ismatov has today resigned from the board for personal reasons.
Main share price risers and fallers in London at around 1.45pm
The new permit, Meridja, covers a 9,000 sq km area adjacent to the Tendrara licence
Archive
Here’s the small cap news highlights from this past week.
Earnings reports from oil supermajors dominated the market headlines this week.
Archive
Today we reported that intellectual property investor Imperial Innovations is raising £100mln after placing 23.5mln new shares at 425p apiece with institutional investors. The funds will be used to invest in target sectors and invest in exi
First gas at Nervesa, onshore Italy, marks an important achievement to kick off a busy year for Sound Energy.
The company continue to have “positive dialogue” with the Italian authorities and that no objections have been raised regarding the project.
Archive
Shareholders signed off Shell’s acquisition of BG.
Investments and investor services
The FTSE 100 Index recovered to stand 9.65 points off at 5867 by lunchtime
Investments and investor services
The FTSE 100 Index tumbled 83.76 points to 5793 as oil prices fell back below US$30 a barrel
Sound Energy to take 75% and become Sidi Moktar operator
It's not often the Bank of England and pop music get mentioned in the same breath, but the idea of putting Bowie on bank notes - all of them, perhaps - has some merit.