The Gabonese authorities have decided for the 2022 financial year to allocate financing of 2 billion FCFA to the company AsonhaÉnergie, a project company owned 60% and 40% respectively by Meridiam and Gabon Power Company (GPC) to develop the Kinguelé dam. In the official journal which gives this information, it is indicated that this financing […]
In prevalence to global energy crisis owing to Russian war in Ukraine, INEOS, one of the world’s largest chemicals and energy companies, has written to the UK government offering to safely develop a fully functioning Shale test site to demonstrate that the technology can be safe and secure in the UK. The offer comes following […]
Russia’s insistence that its “unfriendly” nations pay in rubles for Russian natural gas risks disrupting European supplies as soon as this week as the deadline set by Putin for moving to ruble payments is drawing closer. Europe, which depends on Russian natural gas for more than one-third of its demand—with some countries, including the biggest economy Germany, […]
Woodside has disclosed that the processing of gas from the offshore Pluto fields has commenced ahead of schedule at the North West Shelf Project’s (NWS) Karratha Gas Plant (KGP). This accelerated production of Pluto gas has been enabled by the start-up of the Pluto-KGP Interconnector (Interconnector). The Interconnector is a 3.2 kilometre pipeline which connects […]
First ever pipe-in-pipe flowline for production in India as part of ONGC’s KG-DWN 98/2 project Deploying more than 2,000 crew members, McDermott successfully navigated both the challenges of COVID-19 and an active monsoon season to deliver a gas field, known as the U-Field, for ONGC’s KG-DWN 98/2 Block project. “Completing this season of the Bay […]
The impart on the prevailing economic sanctions placed on Rusian by U.S and her European allies under the auspices of North Atlantic Treaty Organisation NATO owing to Russian unprovoked invasion of Ukraine is severally creating palpable effect on major state owned companies. The recent economic blow is coming from the nation’s oil and gas giant […]
In course to proffer solution to perennial Liquefied Petroleum Gas LPG in Nigeria, the Board of Directors of Nigeria LNG Limited has approved the supply of 100percent of the company’s LPG production (Propane & Butane) to the Nigerian market, sweetcrude media reported. To this end, NLNG will prioritize the domestic market- whilerelegating the export chain […]
The biggest long-term liquefied natural gas (LNG) contract signed in 2021 was between Qatar Petroleum and CNOOC Limited on September 29, 2021. According to the contract, Qatar Petroleum will supply 3.5 million tonnes per annum (Mtpa) of LNG from 2022 to 2036 to CNOOC Limited. The LNG will be supplied from the RasLaffan III liquefaction […]
Turkey is set for record high gas demand in 2021 — of as much as 60 Bcm — on the back of strong consumption in the power sector. At the same time, Ankara is facing the prospect of more of its long-term import contracts expiring in the near future after deals with Azerbaijan for pipeline […]
DNG Energy a 100% black-owned energy infrastructure company in South Africa SA has announced commencement of liquefied natural gas (LNG) delivery to commercial customers in the industrial, transport, marine and power sectors. This new and affordable energy alternative and it is the culmination of 7 years of planning, permitting and licensing efforts, which heralds the […]
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