Germany takes over Uniper as FSRU starts up
Germany agreed to reduce its stake in Uniper to 25% plus one share by 2028 at the latest.
Germany agreed to reduce its stake in Uniper to 25% plus one share by 2028 at the latest.
President Putin said Kovykta and Chayandinskoye could produce 50 bcm per year.
The Italian company said it would incorporate the well results into its evaluation of the area. Eni has its eye on a fast-track development in Block 6, it said.
Palliser Capital reports more Capricorn Energy shareholders have backed its plans to remove the board and scrap proposed merger plans with NewMed Energy.
Adnoc has struck a deal to buy a 24.9% stake in Austria’s OMV, for an undisclosed price, from Mubadala Investment.
PTT Exploration and Production (PTTEP) has struck a deal to sell its 2.5% stake in Block 17/06 to Somoil and exiting the country.
Daystar increased its installed capacity by 135% in 2022 to 44 MW.
Capricorn noted that it had been working on “strategic alternatives” for more than a year. However, there have been no better options, it reported, and a sale is necessary to “maximise shareholder value and the full potential of Capricorn’s assets”.
KCA Deutag President Land Simon Drew said the contract extensions are “a key part of our strategy to grow our business in key markets such as the Middle East”.
"For years, Honeywell neglected to implement sufficient internal accounting controls to mitigate against known corruption risks in countries like Brazil and Algeria," said Charles Cain, Chief of the SEC Enforcement Division’s FCPA Unit.
“Eskom, by not attending to load shedding, is actively agitating for the overthrow of the state,” Mantashe said.
Northern Ocean owns the Deepsea Mira, which is currently warm stacked in Norway. The company also owns the Deepsea Bollsta, which began drilling a well for Shell this week.
HSBC will no longer provide lending or capital markets financing for new oil and gas fields, it has announced, while accelerating support for renewable energy.
Adnoc Drilling has bought another two jack-ups for $200 million, as it continues its expansion programme.
Tullow Oil has signed a licence for a new block offshore Cote d’Ivoire, adjacent to a licence it already controls.
It took only days for Savannah Energy’s plans for Chad to come unstuck, as the government threw up objections to its ExxonMobil acquisition.
Shell has been granted leave to take its legal fight to secure acreage offshore South Africa to the Supreme Court of Appeal.
Nigeria has turned around its production doldrums from the summer, bringing terminals back online and boosting exports.
Genel Energy has said its Sarta field, in Kurdistan, has fallen short of expectations and the company will need to impair the asset’s value.
Chariot has reached a framework agreement on gas sales from its Anchois project with Office National de l'Electricité et de l'Eau Potable (ONEE).
Northern Ocean has delivered a semisubmersible drilling rig to Shell Upstream Namibia.
Eni has started producing power at a solar photovoltaic (PV) facility in Tunisia, connected up to the national grid.
TotalEnergies aims to drill “as soon as possible” in Lebanon’s Block 9, in 2023, following talks with the Lebanese government.
Savannah Energy (LON:SAVE) has completed its acquisition of ExxonMobil’s (XOM) assets in Chad and Cameroon, while launching a new deal this morning to acquire Petronas’ (KLSE:PETGAS) interests in South Sudan.
Vaalco Energy has seen some disappointing results from a recent well offshore Gabon, but is looking for solutions.