Enegi is pleased to provide an update on its marginal field initiative through its joint venture, ABT Oil and Gas ('ABTOG'), with Advanced Buoy Technology (ABTechnology) Limited ('ABT'). This update provides further information on the development of the Fyne field and details of the restructuring of ABTOG.
Fyne Field
The development of the Fyne Field continues in line with expectations. Along with our partner, Antrim, a new Environmental Statement ('ES') was submitted to the Department of Energy and Climate Change ('DECC') at the end of March.
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