JV | Egypt Oil & Gas - Part 4
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 pr...
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 installatio...
Cryogas-Vysotsk Produces First 1 MMT of LNG
Russian Novatek company announced that its joint venture with Gazprombank, Cryogas-Vysotsk, has produced the first 1 million tons of liquified natural gas (LNG) since the launch of the project in 2019, according to a ...
Lukoil, Gazprom Ink Master Agreement on Field Development
Lukoil and Gazprom signed a Master Agreement to develop Vaneyvisskoye and Layavozhskoye fields in the Nenets region, Russia. The Vaneyvisskoye and Layavozhskoye fields have reserves of 27.4 million tons (mmt) of liqui...
ADNOC, ExxonMobil Sign Technology R&D Agreement
The Abu Dhabi National Oil Company (ADNOC) has signed an agreement with ExxonMobil to jointly explore technology research and development (R&D) opportunities through the upstream oil and gas value chain. Per the a...
ADNOC Launches AGT for Trading Refined Products
The Abu Dhabi National Oil Company (ADNOC) announced the official launch of its second trading arm ADNOC Global Trading (AGT), which is a joint venture (JV) between ADNOC, Eni and OMV, with shares of 65%, 20% and 15%,...
TransGlobe Reaches Agreement with EGPC to Merge Eastern Desert Concessions
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, according to a statem...
Farm-out of Transkei, Algoa to Shell
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 blocks to BG International Limited,...
