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Dominion Begins Commercial Operation at $4.1 Billion DECP Liquefaction Project, Maryland
July 30, 2018
Dominion Energy has started commercial operation of the $4.1bn Dominion Energy Cove Point (DECP) LNG Liquefaction project located in Maryland, US. Located on the Chesapeake Bay at the Cove Point LNG Terminal, the DECP liquefaction facility has the capability to
Maire Tecnimont Secures $527 Million EPC Contracts for Kstovo Refinery, Russia
July 26, 2018
Maire Tecnimont’s subsidiary KT-Kinetics Technology has secured two engineering, procurement and construction (EPC) contracts for refinery process units at the Kstovo Refinery, in Central Russia. Maire Tecnimont’s contracts relates to five refinery process units that will be installed at the
ADNOC and Saudi Aramco Partner to Develop $44 Billion Refinery and Petrochemicals Complex, India
July 26, 2018
The Abu Dhabi National Oil Company (ADNOC) has signed a framework agreement with Saudi Aramco (Aramco) to explore a strategic partnership and co-investment in the development of $44bn refinery and petrochemicals complex in India. Planned to be built at Ratnagiri,
SOCO to Sell Congo (Brazzaville) Stakes to Coastal Energy for $10 Million
July 26, 2018
SOCO has signed and completed a sale and purchase agreement (SPA) with Coastal Energy Congo to sell its entire stake in SOCO Congo, which holds its interests in Congo (Brazzaville), for a consideration up to $10m. SOCO President and CEO
Wren House to Acquire UK Midstream Company North Sea Midstream Partners
July 25, 2018
Wren House Infrastructure Management has agreed to acquire North Sea Midstream Partners (NSMP), a UK midstream company, from ArcLight Capital Partners for an undisclosed price. The UK midstream company, which was formed in 2012 by ArcLight, has stakes in four
Armour Energy Begins Multi-stage Fracking at Myall Creek 4A Well, Australia
July 25, 2018
Armour Energy has started multi-stage fracking at its Myall Creek 4A well located in 100 percent owned PL511 in Australia. The well was drilled and cased on time without any adverse operational, environmental or safety incidents. Following analysis of the
India Offers Royalty and Tax Incentives to State-owned Oil and Gas Firms
July 23, 2018
Reuters cited Indian Oil Minister Mr. Dharmendra Pradhan said after a cabinet meeting Oil and Natural Gas Corp and Oil India will pay royalty and cess tax only to the extent of their equity holding in oil and gas blocks
Energean Signs Concession Contract for Two Offshore Blocks, Montenegro
July 20, 2018
Energean Oil & Gas has signed an exploration and production concession contract with the State of Montenegro covering offshore blocks 4219-26 and 4218-30, following approval from the Parliament of Montenegro. The contract was signed by Mrs. Dragica Sekulic, Montenegro’s Minister
Eni and Sonatrach to Create Gas Hub in Algeria’s Berkine Basin
July 19, 2018
Eni and Algerian state-owned company Sonatrach have signed an agreement to combine the existing assets of BRN (block 403) and MLE (block 405b) in Algeria with an objective to create a gas hub in Algeria’s Berkine basin. The Italian oil
Total Acquires Engie’s Upstream LNG Assets for $1.5 Billion
July 17, 2018
French integrated oil and gas firm Total has completed the acquisition of French utility Engie’s upstream liquefied natural gas (LNG) assets in a $1.5bn deal. As per the deal signed in November last year, Total will make additional payments of
