Turkey's state oil company TPAO has signed a $1.5 billion deal to acquire French energy company Total's 10 per cent stake in Azerbaijan's Shah Deniz gas project.
The agreement increases TPAO's stake in the project
Aggreko, a global leader in temporary power and temperature control services, has signed a contract with German-based RWE Dea to deliver a 4 MW power plant to the Disouq onshore natural gas facility located in the Nile Delta in northern Egypt.
Royal Dutch Shell has dropped one of Norway's biggest and most innovative industrial projects due to rising costs and complexity, dealing a blow to a technology that some hope could revolutionise offshore production.
Abu Dhabi National Energy Company (Taqa) has announced three top European energy firms as its launch customers for the Bergermeer Gas Storage facility in the Netherlands, set to become Europe’s largest open access gas storage facility.
Qatar's Barzan gas project to supply gas to its domestic market is expected to cost $10.3 billion, Qatar's Energy Minister Mohammed Al-Sada said on Tuesday.
The cost of the project to produce 1.4 billion cubic feet a day of gas from Qatar'
National energy company Petronas will develop a $5.1 billion gas project off Malaysia's east coast with first delivery expected in two years, helping to bolster the country's slowing output and meet soaring power demand.
The North Malay B
State oil giant Saudi Aramco will complete its first offshore non-associated gas field project Karan by 2012, it said in an annual review.
Aramco had said it expected work on Karan to be completed in 2013 with a capacity to process 1.8 bi
Qatar's oil minister said on Thursday that the development of the Barzan gas field will cost $8.6 billion and will supply gas to Qatar's domestic market.
The field is expected to produce 1.4 billion cubic feet of gas a day and is a
Russia and Qatar have agreed to work together to develop the gas reserves of Russia's Arctic Yamal peninsula, the two sides said in a joint statement on Monday.
"The parties reached agreenent to further develop their cooperation ...includi