Equatorial Guinea and Vitol sign strategic partnership
Equatorial Guinea has signed a strategic partnership and cooperation agreement with energy and commodities company Vitol for the development of the country’s gas megahub in Punta Europa
Gas
US provides US$430mn in insurance to natural gas project in Egypt
Adam Boehler, CEO of the US International Development Finance Corporation (DFC), has announced a commitment to provide US$430mn in insurance to advance energy security in Egypt by rehabilitating a natural gas pipeline and transporting natural gas from fields offshore in Israel
Saipem and Daewoo E&C sign strategic deal for onshore projects, with focus on LNG
Engineering firm Saipem and EPC company Daewoo E&C have signed a strategic agreement for cooperation on targeted worldwide opportunities in the onshore oil and gas industry, with specific emphasis on the LNG sector
Saipem wins US$90-100mn pipeline contract offshore Equatorial Guinea
Equatorial Guinea’s Ministry of Mines and Hydrocarbons has approved a 70-km pipeline that will link the Alen Unit, operated by Noble Energy, and the petrochemical complex of Punta Europa within the framework of the country’s gas monetisation project
‘Egypt’s EGPC saw highest number of oil and gas discoveries in Q3 2019’
The Egyptian General Petroleum Corporation (EGPC) led globally among companies in Q3 2019 with the highest number of oil and gas discoveries, according to data and analysis company GlobalData
