Midweek Takeaway with Ben Clube (CEO) and Mark Steeves (Chairman) of EnergyPathways PLC #EPP

Season 8, Episode 3,   Apr 24, 07:00 AM

We're diving into the latest developments from EnergyPathways ticker EPP, a company poised at the forefront of the energy transition. They recently announced an update on their Marram gas project in the UK Irish Sea, where they hold a 100% working interest. Originally anticipated in the first quarter, the license approval is now expected in the second quarter of 2024.

EnergyPathways is making significant strides with their innovative all-electric, zero-emission subsea production system and is currently engaging with infrastructure hosts. The company is not only advancing its Marram project towards a final investment decision for a low-cost subsea development but also exploring the integration of untapped gas resources with wind energy and geo-storage to create a comprehensive energy hub in the region. With backing from various stakeholders, including renewable energy generators and major engineering firms, EnergyPathways aligns closely with the NSTA's net zero goals and may benefit from government decarbonization incentives. Additionally, as the M&A market for exploration and development assets heats up, EnergyPathways is strategically positioning itself to capitalize on these opportunities by targeting similar undeveloped assets and transitioning depleted fields into gas storage. Joining us today are Ben Clube (CEO) and Mark Steeves (Chairman) to unpack these developments and their implications for the future of energy in the UK Irish Sea."

Disclaimer & Declaration of Interest

The information, investment views, and recommendations in this podcast are provided for general information purposes only. Nothing in this podcast should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion.