Zenith Energy forms subsidiary in Norway to bid in future licensing round
LONDON: Zenith Energy Ltd., an international oil & gas production company, has announced the establishment of its fully owned Norwegian subsidiary, Zenith Energy AS (Zenith...
Royal Dutch Shell announces $1.0 billion share buyback programme
LONDON: Royal Dutch Shell has announces the commencement of trading in the next tranche of its share buyback programme previously announced on July 26, 2018....
DOF Subsea awarded multiple contracts across North America
OSLO: DOF Subsea has announced multiple contract awards from undisclosed clients across the North America region. The Group has secured contracts for pre-lay and LBL...
Kodal Minerals sign MoU with Mali Lithium Limited for the development of Bougouni Lithium Project
LONDON: Kodal Minerals, a mineral exploration and development company focused on its Bougouni Lithium Project in southern Mali, has signed a Memorandum of Understanding (MoU)...
Resolute Mining agrees to acquire Toro Gold Royalty
LONDON: Resolute Mining Limited has agreed to terms with Taurus Funds Management Pty Limited for the acquisition of the 1.1% royalty held by entities associated...
Bluejay Mining awarded a new mineral exploration licence
LONDON: Bluejay Mining plc, a Greenland focused company, has been awarded a new mineral exploration licence surrounding the Company’s existing Kangerluarsuk zinc-lead-silver Project in central...
Kuwait’s Enertech and Germany’s P&G Energy setting up solar power plants in Pakistan
GWADAR, PAKISTAN: P&G Energy (Private) Limited, a subsidiary of ib Vogt GmbH Germany, and Enertech Boston Solar (Private) Limited, a subsidiary of Kuwait based Enertech...
Questerre Energy completes acquisition of assets in Quebec
CALGARY: Questerre Energy Corporation has received all approvals and closed the acquisition of assets in Quebec pursuant to the purchase and sale agreement with a...
BW Energy completes second production well of the Tortue Phase 2 development
OSLO: BW Energy, a growth E&P company with a differentiated strategy targeting proven offshore oil and gas reservoirs through low risk phased developments, has completed...
Bosch to increase holding in Ceres to 18% to extend strategic relationship
LONDON: Ceres Power Holdings announced that Robert Bosch GmbH (Bosch) will increase its equity shareholding in Ceres from c.4% to c.18%. This is a significant...
Coal now contributes 27pc to Pakistan’s overall power generation
KARACHI: Coal-based electricity generation witnessed 94.5 percent growth in November 2019 to reach 2,030 GWh taking coal’s share in country’s energy mix to 27 percent,...
TRIG signs contract to acquire Blary Hill Energy Limited
LONDON: The Renewables Infrastructure Group (TRIG) has exchanged contracts to acquire a 100% interest in Blary Hill Energy Limited, with the rights to construct a...