Russian President Vladimir Putin tasked Chief Executive Officer of Gazprom Alexei Miller with considering the issue of gas supplies to China from Yamal through Mongolia at a meeting on Monday. "I would like to refer to the issue that we have repeatedly discussed with you and with Chinese partners, I...
New Age (African Global Energy) Limited (‘New Age’ or ‘the Company’) announces that its subsidiary New Age M12 Holdings Limited has completed the sale of its 25% non-operated interest in the Marine XII License to LUKOIL Upstream Congo SAU, a wholly owned subsidiary of PJSC LUKOIL, for $800 million. The...
Baker Hughes, a GE company, announced the newest launch of its Bently Nevada Business business unit. Bently's Orbit 60 Series is its next-generation condition monitoring and protection platform. The Orbit 60 series is • a new system that connects to flagship machinery management software...
ПАО «ЛУКОЙЛ» сообщает о закрытии сделки по приобретению 25%-ной доли участия в проекте Marine XII в Республике Конго у Компании New Age M12 Holdings Limited. Сделка была закрыта после выполнения всех отлагательных условий, в том числе получения одобрения государственных органов Республики Конго. Справка Лицензионный участок Marine XII площадью 571 кв. км...
A consortium of Indian companies led by ONGC Videsh (OVL) is to acquire a 49 per cent stake in Russia's Vankor cluster oilfields. Prime Minister Narendra Modi and Russian President Vladimir Putin agreed the deal as part of a wider range of investment agreements signed at the Eastern...
Sound Energy’s TE-10 gas discovery on Morocco’s Tendrara permit failed to find success while on test. While the well flowed gas to the surface, it did not achieve commercial flow rates following the stimulated well test. James Parsons, CEO, commented, “Whilst clearly disappointed with the outcome of the recent well...
Sempra Energy and Saudi Aramco announced their respective subsidiaries, Sempra LNG and Aramco Services Company, have signed a heads of agreement (HOA). The HOA anticipates the negotiation and finalization of a definitive 20-year liquefied natural gas (LNG) sale-and-purchase agreement (SPA) for five million tons per annum (Mtpa) of LNG offtake...
Oil and gas company Exxon Mobil could replace Russian gas thanks to an investment in the Romanian Black Sea. However, if this doesn’t happen by September, the Hungarian government is ready to begin negotiations with Russian suppliers for another long-term gas shipment agreement. “If Exxon Mobil doesn’t decide to invest...
Russia’s Nord Stream 2 gas pipeline project to Germany may launch in 2020, rather than the end of 2019, due to delays in obtaining permits from Denmark, Interfax news agency on Friday quoted Nord Stream 2 AG as saying. The Russian-led company has two pending route applications with Danish authorities,...
KBR announced its selection as the preferred bidder by Freeport LNG Development, L.P. for the engineering, procurement, construction, and commissioning (EPC) contract for Train 4 at Freeport LNG’s export facility near Freeport, Texas. “We are excited to be selected for this significant project, and to continue to grow our leadership...