Oil & Gas, Electricity, Renewables, Canadian Exchange, News Releases
LONDON: Energean Oil and Gas plc announced that Energean Israel and MRC Alon Tavor Ltd. have signed a Gas Sales and Purchase Agreement (GSPA) for the sale of approximately 0.5 Bcm/yr, or up to 8 Bcm over the term of…
PERTH, AUSTRALIA: The Manora Oil Field (Northern Gulf of Thailand) Operator, Mubadala Petroleum, and Tap Oil Limited have approved the drilling of three firm exploration wells and an appraisal side-track, contingent upon exploration success. Tap Oil holds 30% interest in…
LONDON: Petrofac Limited has signed a Sale and Purchase Agreement with the shareholders of W&W Energy Services to acquire an entry-level position in the US onshore Operations and Maintenance market. W&W offers Maintenance, Repair & Overhaul and Pipeline tie-in services…
KARACHI: The Naveena Group has announced that it has achieved financial close for its 50 MW wind power project being setup in Jhimpir with a cost of $63.9 million. The project will provide the cheapest electricity to the consumers at…
ISLAMABAD: Denmark has offered to provide mini/micro renewable power plant technologies to Pakistan as the Nordic renewable energy giant eyes South Asian market with active interest. Rolf Holmboe, Ambassador of Denmark to Pakistan in a meeting with Nadeem Babar, Special…
SUBIACO: K2fly Ltd announced that Rio Tinto have signed a five-year contract to implement the RCubed Mineral Resource and Reserve solution across 20 sites globally. Implementation will commence immediately. The total contract value, including initial implementation costs, is for AU$1.45…
MELBOURNE: Mako Gold Limited has completed its latest RC drilling program on the Tchaga Prospect at the Company’s 224 km2 Napié Project in Côte d’Ivoire. Mako is earning up to a 75% interest in the Napié Project under a farm-in…
DUBLIN: Greencoat Renewables PLC the Irish renewable infrastructure company invested in euro-dominated assets has acquired Killala Community Wind Farm, a 20.4MW wind farm situated in County Mayo. The project consists of 5 Siemens 3.4MW turbines that have been operational since…
SINGAPORE: Jadestone Energy has executed a sale and purchase agreement (SPA) with OMV New Zealand Limited, a subsidiary of OMV, to acquire an operated 69% interest in the Maari Project, shallow water offshore New Zealand for a total headline cash…
LONDON: Seplat Petroleum Development Company has announced that her pioneer Managing Director and later CEO, Austin Avuru will be retiring in July 2020 after 10 years of leading the company. In these 10 years, Mr. Avuru led the development of…
MELBOURNE: Karoon Energy Ltd has executed binding agreements with Stena Drilling Ltd and Tullow Oil Limited to contract the “Stena Forth” Dynamically Positioned Drillship. The “Stena Forth” has been contracted to drill one well, being the Marina-1 exploration well, in…
SYDNEY: Skyland Petroleum Group Limited notified a Deed of Settlement has been executed with Tisma HK Limited in relation to the unwinding and termination of the acquisition of Tisma Development (HK) Ltd. On 18 December 2018 the Company acquired the…