Angus Energy anticipates first gas from its redevelopment in Saltfleetby this summer
UK onshore shows further signs of life
Producers continue to be upbeat on a previously neglected sector, despite unconsummated M&A
UK independent Angus Energy is targeting the start of June for first gas from its onshore Saltfleetby gas field redevelopment. And it still has “two actively interested parties” at a licence level for all or part of its 51pc stake in the asset, despite the April collapse of a takeover bid from peer Sound Energy. Startup at Saltfleetby on this timetable will “allow for one full month of production at current high spot prices before the company’s obligations to deliver volumes at the hedge price commence at the end of June”, Angus says. The firm initiated in January a review of its strategic options including, but not limited to, a sale of the company. But, since then, “confidence in our abil
Also in this section
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy
