Visitors Now:
Total Visits:
Total Stories:
Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Ithaca Energy’s Stella field start-up delayed until January

Friday, November 25, 2016 8:25
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Ithaca Energy Plc (LON:IAE) has told investors that the Stella field start-up been delayed due to problems found on the floating production facility.

Routine inspections uncovered a number of faults on a number of electrical junction boxes on the vessel’s processing facilities, and a programme of repairs is now underway.

Stella’s ‘first oil’ was slated for the end of November, but the company says start up is now anticipated in early January.

Chief executive Les Thomas said: “The safety and integrity of the facility is paramount and we must ensure that everything is done meticulously in advance of the introduction of hydrocarbons into the facility. 

“Although any delay to start-up at this stage is frustrating, the value of a thorough inspection programme has been proven and we look forward to completion of this work and the imminent start-up of production.”

Story by ProactiveInvestors

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.