Angus Energy updates timeline for new Saltfleetby booster compressor

1st Apr 2025 12:56

(Sharecast News) - Angus Energy said in an update on Tuesday that it expects to complete the start-up of the new booster compressor at the Saltfleetby Gas Field before the end of the week, following a minor delay in the delivery of final equipment components.

The company confirmed that commissioning was underway, and that the delayed items were due to arrive today.

It said the installation was part of ongoing efforts to enhance gas production efficiency at Saltfleetby, with Angus saying it remained confident in the updated timeline for bringing the compressor online.

At 1235 GMT, shares in Angus Energy were down 4.67% at 0.29p.

Reporting by Josh White for Sharecast.com.

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