Noreco: Tyra redevelopment project delayed from 2022 into Q2 2023

Norwegian Energy Company ASA (“Noreco” or “the Company”) announces today the following update on the Tyra Redevelopment Project:As a consequence of the ongoing COVID-19 pandemic, first production from the Tyra Redevelopment is expected in Q2 2023 instead of 2022 as previously communicatedThe project remains on track to be delivered within budgetDue to COVID-19, local governmental imposed restrictions at the fabrication yards have impacted the schedule...

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Impact farms out South African offshore to Shell

Impact Oil & Gas Limited (“Impact” or the “Company”), a privately-owned, African-focused, exploration company, is pleased to announce that its wholly-owned subsidiary, Impact Africa Ltd has entered into an agreement with BG International Limited, a wholly owned subsidiary of Royal Dutch Shell plc (“Shell”) for the farm-out of a 50% working interest and operatorship in the Transkei & Algoa exploration right, offshore South Africa (Exploration...

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