In July, IOG
agreed to farm out 50% of the core area licenses to CalEnergy Resources, which paid an initial consideration of PS40m and a further PS125m of IOG
's costs for the first two phases of the project.
Subject to completion of the farm-out transaction announced on 26 July 2019, IOG
will own and operate a 50% stake in substantial low risk, high value gas reserves in the UK Southern North Sea.
Signing of this SPA is important for the Core Project as, on completion, IOG
will own the reception facilities where all of its gas will land to shore before being transported into the main Perenco Bacton plant for final processing and then into the National Transmission System for sale into the UK gas market.
"Having this year suffered extreme weather conditions, with the winter's 'Beast from the East' through to this summer's unprecedented record heatwave, the climate has tested groundsmen to their limits," said IOG
chief executive Geoff Webb.
: Islamic finance in Djibouti was born in 2006 with the establishment of the first Islamic bank.
"We believe that poor planning for an outdoor play and fitness area can result to poor performance," says a Regional Pitch Advisor involved with IOG
performed an intense vetting process with key stakeholders prior to purchase and implementation of BCMA.
In a statement on its website, the company said, 'the board of IOG
is pleased to announce that significant progress has been made towards drilling the Skipper well.
The event took place at the home of Newcastle United, St James' Park and involved a presentation by Ian Powell, Regional Pitch Advisor from the IOG
(Institute of Groundmanship) who discussed many different aspects of grounds maintenance which although not significantly technical, can have a huge positive impact on grass pitches.
THE expertise of Martin Stephenson of Ashbrook Sports Club in Seaham is being recognised by this year's Institute of Groundsmanship (IOG
) Industry Awards after being shortlisted for the IOG
Most Promising Sportsturf Student of the Year Award.
Instead the IoG
recommended the proposed renovation or an intensive end-of-season maintenance programme to provide a surface suitable for high level and international football.