Potential Gas Pipeline News

Daphne Technology has established a U.S. subsidiary, Daphne Technology USA, and has appointed Jamie Brick, to lead its North American operations from Houston, Texas.Daphne Technology says its core focus is the development of sustainable solutions to combat harmful emissions. The company's SlipPure after-treatment system, which reduces methane emissions in the exhaust of natural gas-fueled engines (aka “slip”), has received approval in principle (AIP) from Lloyd's Register (LR) and DNV.

Serica Energy plc is pleased to confirm it has now completed the farm out of UK East Irish Sea Blocks 113/26b and 113/27c (Licence P.1482) with Centrica through its subsidiary Hydrocarbon Resources Limited. Under the agreement, HRL has acquired an operated 45% interest in the licence, with Serica retaining 20%,in consideration for HRL bearing Serica’s share of costs associated with the drilling of an exploration well, upto a gross cap of £11 million. In addition, the transaction involved the transfer from Serica to HRL of a 15% interest and operatorship in the adjacent Block 113/22a (Licence P.2124), which was awarded in the 27th Offshore Licensing Round. The equity interests over the two licences are now aligned.