Eni strengthens its presence in Vietnam through the acquisition of Block 115
édité le 12/04/2021 - Plus de news de ENI - Voir la fiche entreprise de ENI
Eni, through its affiliate Eni Vietnam, has completed the acquisition from Krisenergy (Vietnam 115) Ltd. of a 100% participating interest and the operatorship in Block 115/09, offshore central Vietnam.
The area is adjacent to Block 114 where the operator Eni Vietnam and its partner Essar Exploration and Production Limited have recently announced the Ken Bau gas and condensates discovery currently under appraisal.
The new acreage also borders with Block 116, also operated by Eni Vietnam with a 100% participating interest.
Aramco signs $12.4 billion infrastructure investment deal with EIG-led consortium
édité le 12/04/2021 - Plus de news de ARAMCO - Voir la fiche entreprise de ARAMCO
Aramco has signed a deal with a consortium led by EIG Global Energy Partners (EIG), one of the worlds leading energy infrastructure investors, to optimize its assets through a lease-and-lease-back agreement involving its stabilized crude oil pipeline network.
Upon closing, Aramco will receive upfront proceeds of around $12.4 billion, further strengthening its balance sheet through one of the largest energy infrastructure deals globally. The transaction represents a continuation of Aramcos strategy to unlock the potential of its asset base and maximize value for its shareholders. It also reinforces Aramcos role as a catalyst for attracting significant foreign investment into the Kingdom.
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Axens technologies for Basrah Refinery Upgrading Project
édité le 06/04/2021 - Plus de news de AXENS - Voir la fiche entreprise de AXENS
Part of Iraqs Ministry of Oil, the state-owned South Refineries Company (SRC) executed the upgrading of its refinery located in Basrah, Iraq by implementing a new refining plant adjacent to the existing refinery facility. The Basrah Upgrading Project is now reaching the engineering, procurement and construction (EPC) phase carried out by JGC Corporation (JGC).
Axens is pleased to continue being involved in this important Iraqi project, which will increase the gasoline and diesel production along with other oil products, reducing the national refined products imports. The Basrah Upgrading Project will also improve oil refinery efficiency of the complete facility.
Qatar Petroleum enters two offshore exploration blocks in Namibia
édité le 06/04/2021 - Plus de news de Qatar Petroleum - Voir la fiche entreprise de Qatar Petroleum
Qatar Petroleum entered into an agreement with Shell to become a partner in two exploration blocks offshore the Republic of Namibia.
Under the terms of the agreement, which is subject to customary approvals, Qatar Petroleum will hold a 45% participating interest in the PEL 39 exploration license pertaining to Block 2913A and Block 2914B, while Shell (the Operator) will hold a 45% interest, and the National Petroleum Corporation of Namibia (NAMCOR) will hold the remaining 10% interest.
Commenting on the agreement, His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum, said, With this second exploration and production sharing agreement in Namibia, we are pleased to expand our exploration footprint in the country, and to further strengthen ou