Latest news
Verus Petroleum to be sold by Hitec Vision
The company is financially backed by upstream oil and gas private equity firm HitecVision, and is projected to sell for up to $500 million. Investment bank Jefferies will act as a mediator, according to Reuters.
read more... 25/02/2019
Snam, Enagas and Fluxys close acquisition of DESFA
The European consortium formed by Snam (60%), Enagás (20%) and Fluxys (20%) today completed the acquisition of a 66% stake in DESFA, the operator of Greek natural gas transport network, to the Assets Development Fund of the Republic Hellenic (HRADF) and Hellenic Petroleum, for an amount of €535 million.
read more... 20/12/2018
Norway approves PDO for Equinor’s Troll phase 3 project
The Norwegian Ministry of Petroleum and Energy has approved Equinor and its partners’ plan for development and operation (PDO) of the NOK7.8bn ($920m) Troll Phase 3 development in the North Sea.
read more... 10/12/2018
Norway's Equinor strikes Malaysia LPG deal with Global Petro Storage
Equinor and Global Petro Storage (GPS) have entered into a long-term agreement to build and operate a terminal and storage facility for liquefied petroleum gas (LPG) at Port Klang in Malaysia, the Norwegian company said on Thursday.
read more... 22/11/2018
Northern Cyprus to launch natural gas exploration
The Turkish Republic of Northern Cyprus (TRNC) and Turkish Petroleum will launch their natural gas exploration program on the island's southwest, the country's deputy prime minister said Tuesday.
read more... 10/10/2018