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Heron Awards PYBAR Underground Mining Contract for Its Woodlawn Mine, Australia
March 1, 2018
Heron Resources Limited announced that it has awarded the Underground Mining contract for its wholly-owned Woodlawn Zinc-Copper Project located near Tarago, 250km southwest of Sydney, New South Wales, Australia, to specialist underground mining contractor, PYBAR Mining Services. PYBAR is an
Air Products to Acquire Shell’s Coal Gasification Technology Business and Patent Portfolio
February 28, 2018
Air Products has entered into an agreement to acquire Royal Dutch Shell’s Coal Gasification Technology business as well as Shell’s patent portfolio for Liquids (Residue) Gasification. Financial terms are not being disclosed, and the acquisition is expected to close in
Noble Energy Signs $15 Billion Gas Sales Agreements with Egypt’s Dolphinus
February 27, 2018
Noble Energy has signed two long-term gas sales agreements, worth $15bn in total, to export gas produced from the Leviathan and Tamar fields offshore Israel to private Egyptian firm Dolphinus. As per the agreements, Noble Energy and its partners will
Spanish Oil Firm Repsol to Sell 20% Stake in Gas Natural SDG for $4.69 Billion
February 27, 2018
Spanish oil firm Repsol, has signed an agreement to sell 20 percent stake in its local utility Gas Natural SDG to private equity firm CVC Capital Partners for €3.82bn ($4.69bn). Under the terms of the deal, Repsol will sell the
Cepsa Acquires $1.5 Billion Stake in SARB and Umm Lulu Offshore Concession, Abu Dhabi
February 27, 2018
Spanish oil and gas firm Cepsa has acquired a stake of 20 percent in the Sateh Al Razboot (SARB) and Umm Lulu concession offshore Abu Dhabi for a participation fee of AED5.5bn ($1.5bn). The stake was awarded by the Abu
Malaysian Petronas Signs First Term LNG Supply Deal in India
February 27, 2018
Reuters cited Malaysian state energy firm Petroliam Nasional Berhad, or Petronas, as saying that it has signed its first term agreement to supply liquefied natural gas (LNG) in India. Petronas has signed a sale and purchase agreement to supply LNG
Air Products to Build Syngas Supply Facility for BPCL’s Kochi Refinery, India
February 26, 2018
Air Products has signed an agreement to build, own and operate a new syngas production facility in India for Bharat Petroleum Corporation Limited (BPCL). Under the long-term agreement, Air Products will build the new syngas production facility at the BPCL’s
Powerful Earthquake Rattles Gold Mine and Oil and Gas Operations in Papua New Guinea
February 26, 2018
A powerful earthquake rattled forest villages and a large gold mine in central Papua New Guinea early Monday, but there were no immediate reports of injuries. Officials were waiting for more information about damage from the magnitude-7.5 quake that hit
Oil Search, Total, and ExxonMobil to Expand Papua New Guinea PNG LNG Project
February 22, 2018
Oil Search has announced that its partners ExxonMobil and Total have broadly agreed to expand the Papua New Guinea (PNG) LNG project to boost gas exports from the country. Oil Search, ExxonMobil and Total held meeting earlier to discuss the
Aker Energy to Acquire Hess’ Stake in Offshore Ghanaian Block for $100 Million
February 22, 2018
Aker Energy has agreed to buy the Ghana business of US energy company Hess for $100m to take part in the Deepwater Tano Cape Three Points block (DWT/CTP) located in the Tano Basin. The Ghana business of Hess is the
