JV

  • Qatar Petroleum to Fully Own Qatargas from Jan. 2022

    Qatar Petroleum to Fully Own Qatargas from Jan. 2022

    Wednesday, 31st March 2021

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

    Sunday, 14th March 2021

    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, EGPC JV Signs iEPCI Contract with TechnipFMC

    Wednesday, 17th February 2021

    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.

  • Cryogas-Vysotsk Produces First 1 MMT of LNG

    Cryogas-Vysotsk Produces First 1 MMT of LNG

    Wednesday, 20th January 2021

    Russian Novatek company announced that its joint venture with Gazprombank, Cryogas-Vysotsk has produced the first one million tons of liquified natural gas (LNG) since the launch of the project in 2019.

  • Lukoil, Gazprom Ink Master Agreement on Field Development

    Lukoil, Gazprom Ink Master Agreement on Field Development

    Tuesday, 22nd December 2020

    Lukoil and Gazprom signed a Master Agreement to develop Vaneyvisskoye and Layavozhskoye fields in the Nenets region, Russia.

  • ADNOC, ExxonMobil Sign Technology R&D Agreement

    ADNOC, ExxonMobil Sign Technology R&D Agreement

    Sunday, 13th December 2020

    The Abu Dhabi National Oil Company (ADNOC) has signed with ExxonMobil to jointly explore technology research and development (R&D) opportunities through the upstream oil and gas value chain.

  • ADNOC Launches AGT for Trading Refined Products

    ADNOC Launches AGT for Trading Refined Products

    Thursday, 10th December 2020

    The Abu Dhabi National Oil Company (ADNOC) announced the official launch of its second trading arm ADNOC Global Trading (AGT), a joint venture (JV) between ADNOC, Eni and OMV, with shares of 65%, 20% and 15% respectively, which focuses on trading refined products globally.

  • TransGlobe Reaches Agreement with EGPC to Merge Eastern Desert Concessions 

    TransGlobe Reaches Agreement with EGPC to Merge Eastern Desert Concessions 

    Sunday, 6th December 2020

    TransGlobe reached an agreement with the Egyptian General Petroleum Corporation (EGPC) to merge the company’s three existing Eastern Desert concessions into a new modernized concession agreement.

  • Farm-out of Transkei, Algoa to Shell 

    Farm-out of Transkei, Algoa to Shell 

    Thursday, 5th November 2020

    Impact Oil & Gas Limited (Impact), an African-focused exploration company, has agreed to farm-out a 50% working interest and operatorship in the Transkei & Algoa exploration block to BG International Limited, a wholly-owned subsidiary of Shell.

  • Saudi Drill, EcoDem Sign JV Agreement

    Saudi Drill, EcoDem Sign JV Agreement

    Wednesday, 11th March 2020

    EcoDem, an Italian provider of environmental services, has signed a joint venture (JV) agreement with Saudi Drill Company to provide solutions and services in Saudi Arabia.