By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Pipeline PulsePipeline Pulse
  • Home
  • Oil
  • Featured
  • Gas
  • Refining & Processing
  • Exploration
  • Pipelines
  • Drilling
Reading: Wressle Group Will Not Problem Voiding of Allow for Extension Venture
Share
Notification Show More
Latest News
Poland Says Key Infrastructure at Danger After Baltic Sea Incident
Poland Says Key Infrastructure at Danger After Baltic Sea Incident
Oil
QatarEnergy, ExxonMobil LNG Challenge to Begin Manufacturing This 12 months
QatarEnergy, ExxonMobil LNG Challenge to Begin Manufacturing This 12 months
Oil
Texas RRC Pronounces Milestone in Boots on the Floor Initiative
Texas RRC Pronounces Milestone in Boots on the Floor Initiative
Oil
Japanese Fuel Tanker Large Sees Issue Shopping for Chinese language Vessels
Japanese Fuel Tanker Large Sees Issue Shopping for Chinese language Vessels
Oil
Inpex Secures Extra Exploration Acreage offshore Indonesia
Inpex Secures Extra Exploration Acreage offshore Indonesia
Oil
Aa
Pipeline PulsePipeline Pulse
Aa
  • About Us
  • Advertising Solutions
  • Privacy
  • Terms of Service
  • Podcast
  • Home
  • Oil
  • Featured
  • Gas
  • Refining & Processing
  • Exploration
  • Pipelines
  • Drilling
Have an existing account? Sign In
Follow US
Copyright © MetaMedia™ Capital Inc, All right reserved.
Pipeline Pulse > Oil > Wressle Group Will Not Problem Voiding of Allow for Extension Venture
Oil

Wressle Group Will Not Problem Voiding of Allow for Extension Venture

Last updated: 2024/10/21 at 4:37 PM
7 months ago
Share
Wressle Group Will Not Problem Voiding of Allow for Extension Venture
SHARE


The Wressle consortium has determined to not file a authorized problem in opposition to the anticipated nullification of a planning consent for the sphere’s extension venture, after the Supreme Court docket dominated that regulators should take into account Scope III emissions in Environmental Impression Assessments (EIAs).

Europa Oil & Fuel (Holdings) PLC, one of many three co-venturers, stated the North Lincolnshire Council had been knowledgeable of an intention to problem the council’s choice to grant permission for the venture.

“The operator of Wressle, Egdon Sources UK Restricted has now been knowledgeable by North Lincolnshire Council (‘NLC’) that following receipt of authorized opinion and in gentle of the Finch Supreme Court docket choice, NLC is not going to search to withstand the proposed authorized problem introduced in respect of NLC’s choice to grant the planning consent for additional growth of the Wressle properly website”, Europa stated in a press release. “The proposed authorized problem relies on NLC omitting to contemplate the doubtless Scope 3 GHG (Greenhouse gasoline) emissions in figuring out if the proposed growth required an Environmental Impression Evaluation.

- Advertisement -
Ad image

After looking for separate authorized recommendation, the companions concluded “they might not be ready” to insist on legality for the allow, Europa stated within the assertion on its web site. “As such it’s totally anticipated that the planning consent shall be quashed as soon as the courtroom course of has concluded”.

The Division for Vitality Safety and Internet Zero (DESNZ) earlier stated it might give you new environmental steerage for oil and gasoline corporations in gentle of the Supreme Court docket choice. The federal government of Prime Minister Keir Starmer determined to not enchantment the choice within the Finch case, by which the Supreme Court docket nullified the Surrey County Council’s planning permission for the Horse Hill oil growth as a result of end-use planet-warming emissions had not been factored in.

The DESNZ will have interaction the trade, commerce unions, staff and civil society for the brand new steerage. “The federal government is performing swiftly in order that selections on oil and gasoline growth consents might be made”, it stated in a press release August 29.

Anticipating that the session wouldn’t conclude till spring 2025, the Offshore Petroleum Regulator for Setting and Decommissioning (OPRED) stated it was pausing environmental assessments, together with ongoing ones.

In any other case, operators can be “losing money and time submitting environmental statements that don’t comprise the required components”, the OPRED stated in a separate assertion August 29.

Europa stated, “The ahead plan, on conclusion of the courtroom course of, is to hunt a brand new screening opinion from NLC with extra supporting knowledge that particulars the doubtless Scope 3 GHG emissions”.

“Relying on the end result of this screening opinion both the present ‘reside’ utility can be redetermined by NLC or an Environmental Impression Evaluation can be submitted”, it added.

“This choice has no impact on the continuing present operations or manufacturing at Wressle, which stays worthwhile”.

The extension venture entails the development of pure gasoline processing services and an underground pipeline to attach the onshore area to the native distribution community. The extension venture was anticipated to begin manufacturing 2025.

Wressle’s confirmed and possible reserves (2P) have been raised by 263 % to 2.37 billion barrels of oil equal (boe). That was compared to an evaluation in 2016, which put 2P assets at 655 million boe.

Wressle, operated by Egdon Sources UK Ltd. with a 30 % stake, spans Petroleum Exploration and Improvement License (PEDL) 180 and PEDL 182. Europa holds a 30 % curiosity whereas Union Jack Oil PLC owns the remaining 40 %.

To contact the creator, e mail jov.onsat@rigzone.com


What do you assume? We’d love to listen to from you, be part of the dialog on the

Rigzone Vitality Community.

The Rigzone Vitality Community is a brand new social expertise created for you and all power professionals to Converse Up about our trade, share data, join with friends and trade insiders and interact in knowledgeable neighborhood that can empower your profession in power.




You Might Also Like

Poland Says Key Infrastructure at Danger After Baltic Sea Incident

QatarEnergy, ExxonMobil LNG Challenge to Begin Manufacturing This 12 months

Texas RRC Pronounces Milestone in Boots on the Floor Initiative

Japanese Fuel Tanker Large Sees Issue Shopping for Chinese language Vessels

Inpex Secures Extra Exploration Acreage offshore Indonesia

October 21, 2024
Share this Article
Facebook Twitter Email Print
Previous Article Petrofac Secures one other Forbearance Extension over Non-Fee of Debt Petrofac Secures one other Forbearance Extension over Non-Fee of Debt
Next Article Kinder Morgan Logs Larger Q3 Revenue Kinder Morgan Logs Larger Q3 Revenue
about us

Pipeline Pulse magazine is a preeminent digital publication in the petroleum industry, with a strong presence in the Middle East. Our esteemed digital publication is dedicated to providing cutting-edge insights on the international oil and gas industry, offering critical analysis of pressing issues and events, along with practical technology for designing, operating, and maintaining oil and gas operations.

Topics

  • Oil
  • Gas
  • Refining & Processing
  • Featured
  • Pipelines
  • Exploration
  • Drilling

Quick Links

  • About Us
  • Advertising Solutions
  • Privacy
  • Terms of Service
  • Podcast

Find Us on Socials

Copyright © Pipeline Pulse™ , All right reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Loading
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?