Page 19 - EurOil Week 22
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EurOil                                      NEWS IN BRIEF                                             EurOil


         Tobias Jacobs, the branch manager   be drilled in the first half of next year, the   Minister Peter Szijjarto was quoted as
       responsible for the Czech Gas for transport   Selene well will now be drilled in 2022.  saying by state news agency MTI on June 4.
       business, states out: “The gas mobility in   Cluff has also decided to change its name   Hungary, which has for years worked to
       the Czech Republic is a clear success story   as it transitions into a more operational   diversify its gas supply away from Russia,
       with steadily growing sales volumes over   phase.                        will develop infrastructure further if gas
       the last 15 years and one of the best CNG   In its operational update on June 4, Cluff   shipping firms want to exceed a currently
       station network in Europe. Together with   said that together with Shell it remains fully   planned annual cross-border capacity of
       a continuous political support – like the   committed to drilling Pensacola and Selene   6bn cubic metres, he added.
       recently approved National Action Plan   prospects and the company is fully funded
       for Clean Mobility – and attractivity of gas   for its share of the costs of both wells.
       vehicles especially for the environmentally   Commenting, CEO Graham Swindells,   AGS gets extra work in North
       important public transport and logistics, we   said: “Despite the major impact of Covid-19
       see a big potential for CNG and LNG in the   on our industry, we have continued to   Sea
       Czech Republic. We want to support this   progress our core gas projects. We are
       good development and will further invest in   delighted that Shell remains committed to   Axxis Geo Solutions (AGS) has signed a
       our station network”.               drilling both the Pensacola and Selene wells   contract for an additional scope of work
                                           and we remain fully funded for our share of   under the agreement with Equinor in the
       GAZPROM EXPORT (RUSSIA), June 4 2020  both wells”.                       North Sea.
                                                                                  Earlier this year the company secured the
       Shell, Cluff committed to new       Hungary sees Serbian gas             contract for the seismic node acquisition
                                                                                along with the Letter of Intent for an
       wells but delays one                                                     additional scope of work.
                                                                                  The additional work will start directly
       Shell and Cluff Natural Resources remain   imports starting in October   after conclusion of the previous contract in
       committed to drilling the Pensacola   2021P                              the North Sea and will have a duration of
       and Selene prospects, located in the                                     approximately two weeks.
       Southern North Sea off the UK, despite the   Hungary can start importing gas from   The scope of work will be conducted by
       coronavirus pandemic.               Serbia from October 2021, once cross-  two seismic vessels.
         However, while Pensacola is slated to   border infrastructure is in place, Foreign























































       Week 22   04•June•2020                   www. NEWSBASE .com                                             P19
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