Under the plan, Gulfsands and its peers could return to their blocks, with appropriate sanction and other approvals. Back with operational control, they could improve oilfield practice – reducing the impact on the environment – while also producing oil.
Aminex has received an extension to its Mtwara licence, in Tanzania, satisfying one of the remaining conditions of its farm-out agreement with ARA Petroleum Tanzania.
North-east firm John Bell Pipeline Equipment Company aims to use the oil and gas downtown to diversify and build on “steady” growth over the past five years.
John Bell Equipment has expanded its presence in Scotland with the opening of new offices in Grangemouth. The pipeline equipment supplier said the facility will be used by four members of the sales team who originally worked in a subsidiary of the company.