International energy services group Hunting PLC acquires Enpro Subsea Limited
LONDON: Hunting PLC, the international energy services group, has completed the acquisition of Enpro Subsea Limited for a total consideration of US$33.0 million payable on...
Well-supplied global LNG market sees demand build for cleaner-burning energy
SINGAPORE: Global demand for liquefied natural gas (LNG) grew by 12.5% to 359 million tonnes in 2019, according to Shell’s latest annual LNG Outlook published...
Greencoat UK acquires Slieve Divena II for £51 million
LONDON: Greencoat UK Wind, renewable infrastructure fund invested in 36 operating UK wind farms with net generating capacity of 998MW, has agreed to acquire Slieve...
Engro Elengy signs agreement to expand LNG terminal’s capacity by 150mmcfd
KARACHI: Engro Elengy Terminal (EETL) has signed heads of agreement (HOA) with Excelerate and with Shell for the expansion of the Elengy Terminal in Port...
Shanta Gold to acquire Barrick’s subsidiary Acacia Exploration, Kenya
LONDON: Shanta Gold, the East Africa-focused gold producer, has entered into a definitive agreement pursuant to which it will purchase 100% of the shares of...
Cascadura Well test confirms substantial liquids rich gas discovery
CALGARY: Touchstone Exploration Inc. announced that flowback testing of the first stage of the Cascadura-1ST1 well has been completed, confirming that the well is a...
Infratil to own 40% stake in a recently formed renewable energy platform
WELLINGTON: Infratil Limited has announced an initial investment in Galileo Green Energy, LLC (GGE), a recently formed renewable energy platform headquartered in Zurich, Switzerland. Infratil...
Bowleven signs intent letter for supply of gas from Etinde, offshore Cameroon
LONDON: Bowleven Plc, the Africa focused oil and gas exploration group, has confirmed the signing of a non-binding Letter of Intent (LOI) between Victoria Oil...
SDCL completes $110 million acquisition of Primary Energy stake
LONDON: SDCL Energy Efficiency Income Trust plc has completed the acquisition of a 50% interest in Primary Energy, a portfolio of recycled energy and cogeneration...
RockRose signs SPA to acquire Cotton Gas Field
LONDON: RockRose Energy Plc, the independent oil and gas production company, has signed a Sales and Purchase Agreement (SPA) to acquire 100% of the equity...
Fuel technology company Velocys appoints Worley as engineering partner
LONDON, UK: Velocys plc, the sustainable fuels technology company, announced the appointment of Worley to manage the delivery of its fully integrated technology package. Worley,...
ADM Energy makes strategic alliance with Trafigura to invest in African energy sector
LONDON: ADM Energy Plc has entered into a non-binding memorandum of understanding (MOU) with Trafigura Pte Ltd, a market leader in the global commodities industry...