Circle Oil Moroccan pipeline repairs completed

16th Sep 2016 10:04

(ShareCast News) - International oil and gas exploration, development and production company Circle Oil announced the completion of repairs to its gas pipeline in Morocco on Friday.The AIM-traded firm had announced on 8 August that an earth movement near to the town of Kenitra in northern Morocco resulted in the temporary closure of an Office National des Hydrocarbures et des Mines owned-and-operated gas pipeline spur."This pipeline spur was used to transport approximately 30% of the gas produced in the Sebou field, which is owned by Circle Oil Maroc - who operate the field with a working interest of 75% - and ONHYM - with a working interest of 25%," Circle's board said in a statement."The pipeline was closed whilst a repair was designed and implemented."The repair was carried out by Circle without incident, on schedule and slightly under budget," it added.Circle Oil said production was restarted through the repaired pipeline on 15 September.