Friday Aug 12, 2022
EVOL: Investors, protesters and lessons
Tullow Oil’s plans to merge with Capricorn Energy came under more fire this week, with concerns that the Scottish company was not getting enough buck for its bang. While the move looks promising for Tullow, the appeal for Capricorn is much less clear – potentially throwing the deal into doubt.
Allister, fresh back from the big city lights of New York, talks us through the storm gathering ahead of Shell’s plans to develop the Jackdaw field. With the price cap set to rise, people still don’t seem to see the appeal of developing domestic energy supplies.
Hamish reflects on a storm from last year that broke a Valaris drillship free from its moorings in Hunterston. As usual there are plenty of lessons available from such a near tragedy, but are companies paying enough attention?
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