McDermott and Eunice Energy Group have announced the signing of a memorandum of understanding (MoU) for cooperation on the two-gigawatt (2 GW) electrical interconnection between Greece and Egypt, known as the Greece-Africa Power (GAP) Interconnector project.  Eunice Energy Group is leading the transnational consortium between Greece and Egypt for the GAP project, which aims to […]

According to information from the Perenco company, the Batanga plant, in the Ogooué-Maritime province, will produce 15,000 tonnes of LPG (domestic gas) per year from the 1st half of 2023, intended for the Gabonese market to reduce the country’s imports (by more than 50%). “-+This production plant will develop an integrated system comprising the production of LPG […]

Oman LNG has agreed to increase gas supply to Europe through fresh agreements with TotalEnergies and Thailand’s PTT Global. The country will supply 1.6 million metric tonnes per annum (mtpa) of LNG starting from 2025. Under the agreement, Oman LNG will supply PTT Global LNG Co with a total volume of 0.8 million metric tonnes […]

ADNOC’s new gas subsidiary ADNOC Gas, has started operations effective Jan. 1, 2023, and is aimed at serving a wider range of domestic and international customers with an expanding portfolio of gas products, the company said.. ADNOC Gas, which consolidates ADNOC’s gas processing and LNG operations, is one of the world’s largest gas processing entities, with capacity […]

First thing first, Eskom has again apologies for the severe extent of loadshedding in some parts of South Africa. The impact on individuals and businesses is understood. The minimising of loadshedding is the highest priority for Eskom and continuous focus at all levels in the organisation is being given. Eskom stated that it appreciates the […]

China threats have not deterred Indonesia as the country has approved the first plan of development for the Tuna offshore gas field with total estimated investment of $3.07 billion up to the start of production, upstream oil and gas regulator SKK Migas said. The Tuna field, located in the South China Sea between Indonesia and […]

Eni has announced another new gas discovery offshore Cyprus with the well Zeus-1, drilled in Block 6, 162 km off the coastline in 2300 meters of water depth. The Block is operated by Eni Cyprus, holding 50% interest, with TotalEnergies as partner. Zeus-1 is the third consecutive discovery in Block 6. It follows Cronos-1 and […]

Woodside fully supports policies that aim to bring down cost of living pressures for Australian households. The Federal Government’s broader plan to intervene in the Australian gas market will not meet this objective and could make matters worse. A policy of such significance, proposed without any meaningful consultation with industry, creates an environment of uncertainty […]

Our attention has been brought to media reports, following the issuance of a statement declaring Force Majeure on Monday 17th October 2022, that operations at its facilities have been shut down due to flood. To correct some misinformation on the declaration, we would like to clarify: 1. The Company’s plant is in operation though at […]

Prime Minister Mostafa Madbouly has issued Resolution No. 3574 of 2022 setting the selling price of natural gas supplied to the cement industry at $12 per million British thermal units (MMBtu). The decision included in its second article, setting the selling price of natural gas supplied to the petrochemical industry (for the production of ethane […]