JV

Eni’s Vår Energi Awarded 10 E&P Licenses in Norway

Vår Energi, owned both by Eni and by HitecVision, has been awarded new ten exploration licenses in Norway offered through “Awards in Predefined Areas 2021” (APA) by the Norwegian Ministry of Petroleum and Energy.

LUKOIL, Gazprom’s JV Secures License for Vaneyvisskoye, Layavozhskoye Fields

Gazprom announced that it has transferred its subsoil use license for the area that includes the Vaneyvisskoye and Layavozhskoye fields to its joint venture (JV) with LUKOIL; Layavozhneftegaz LLC (LVNG LLC).  

Aramco, TotalEnergies Launch First Two Service Stations in Joint Retail Network

Aramco and TotalEnergies have launched the first two service stations of their joint retail network in Riyadh and Saihat.

Aramco, Air Products, ACWA Power, Air Products Qudra Sign Agreement for Asset Acquisition

Aramco, Air Products, ACWA Power and Air Products Qudra announced that they have signed agreements for the asset acquisition and project financing of an air separation unit (ASU)/gasification/power joint venture (JV) in Jazan Economic City valued at $12 billion.

Aramco Signs 23 Agreements for Expanding Investment Program

Aramco announced that it has signed 22 new Memoranda of Understanding (MoUs) and one joint venture (JV) with the aim of expanding its industrial program “Aramco Namaat”.

Indian Oil Expands JV with Petronas to Establish LNG terminals

Indian Oil Corporation (IOC) announced that it is expanding its joint venture (JV) with Petronas company to include establishing liquefied natural gas (LNG) terminals, fuel retailing and gas distribution (LNG).

Brightmark, Chevron Expand Cooperation on Dairy Biomethane

Brightmark LLC along with Chevron Corporation announced the expansion of their cooperation via their joint venture (JV) Brightmark RNG Holdings LLC through establishing projects to produce and market dairy biomethane, a renewable natural gas (RNG) in US.

Qatar Petroleum to Fully Own Qatargas from Jan. 2022

Qatar Petroleum company announced that will be the sole owner of 100% of the Qatargas Liquefied Natural Gas Company Limited (QG1) assets and facilities starting from January 2020 as Qatar petroleum will not renew the joint venture upon the expiry of its associated agreement.

Eni, CDP Equity Form Joint Venture to Produce Electricity from Renewable Sources

Eni and CDP Equity have formed GreenIT, a new joint venture (JV) with cumulative investments amounting to over € 800 million in five years, for the development, construction, and management of plants, targeting the production of electrical power from renewable sources in Italy.

Energean, EGPC JV Signs iEPCI Contract with TechnipFMC

Energean company announced that Abu Qir Petroleum company, its joint venture (JV) with the Egyptian General Petroleum Corporation (EGPC), has signed an integrated engineering, procurement, construction and installation (EPCI) contract with TecnhipFMC company for developing four subsea wells as well as subsea tie-back to the AbuQir Petroleum plant.

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