Still battling with drilling issues, IOG outlined plans for several further cluster developments around its Saturn Banks scheme in a wide-ranging update ahead of its AGM.
IOG hit out at the government’s energy profits levy in its annual results, in which it reported a loss following a raft of delays and production issues across its Saturn Banks project.
IOG has suspended operations at its A2 well on the Southwark field after remediation work failed to boost production rates, prompting another fall in its stock price.
IOG (AIM:IOG) has encountered further setbacks at its Southwark field as low flow rates and produced water volumes slow progress.
North Sea operator IOG (LON: IOG) has confirmed that first gas from its troubled Southwark field in the Southern North Sea is nigh.
Production has been restarted from IOG’s (AIM: IOG) Blythe and Elgood field, two-thirds of the wider Saturn Banks project.
IOG (AIM: IOG.L) is looking to deal with recent setbacks to Southwark with hydraulic stimulation operations expected next week for the A2 well.
IOG (AIM:IOG) has announced sweeping changes to its board and executive team including the departure of chief executive Andrew Hockey, following another cut to its production guidance and long-running drilling delays.
IOG (AIM:IOG) has again cut its production guidance and will now suspend one of its Southwark wells to deliver first gas on schedule, after fluid losses slow drilling efforts.
IOG has again been forced to shut in its key Saturn Banks assets, this time to address onshore compressor issues linked to condensate production.
IOG says output from the two producing fields in its Saturn Banks project is now stabilising, following a series of outages since first gas in mid-March.
Production has restarted at a North Sea field after a temporary solution was found to a chemical injection fault.
North sea firm IOG is working to restore production from one of the fields that makes up its flagship Saturn Banks scheme.
A North Sea operator is targeting "first gas” from its third field this year as a problematic project gets back on track.
Posting its full-year results for 2021 just days after reaching first gas from its Saturn Banks project, IOG looks to ‘exciting’ growth plans.
Having reached first gas from the Phase One of its flagship Saturn Banks project, what’s next for gas-focused independent IOG?
A flagship North Sea project has finally achieved first gas after being beset by a series of delays.
Just over a week after IOG cancelled a contract to sell gas to Russian giant Gazprom, the North Sea operator has found a new buyer.
“It's been a tough journey but we're very, very close now,” IOG chief executive Andrew Hockey reflects.
Storm Eunice has hampered efforts by Perenco and IOG to get the latter's flagship North Sea project to first gas.
IOG said it is working closely with Bacton Terminal operator Perenco to deal with “frustrating” slow progress towards delivering first gas from its Saturn Banks project.
North sea operator IOG has successfully spudded the first development well at its Southwark field, following delays caused by technical issues with an underwater remotely operated vehicle earlier this week.
North Sea operator IOG is to spud the Southwark development well in the “coming days” after missing its previous target.
An investigation is underway after a rescue ship "made contact" with a Noble Corporation oil rig leg, weeks ahead of a jack-up "issue" leading to work being ceased at a flagship IOG North Sea field.
IOG, formerly Independent Oil and Gas, has raised more than £8 million after it completed an “oversubscribed” fundraiser.