The Nigerian National Petroleum Company and Morocco’s National Office of Hydrocarbons and Mines, on Thursday, September 15, 2022, signed an MoU for a long-delayed gas pipeline proposal that will link the two countries, opening a possibility for a new energy supply path for West Africa and Europe.
Oman energy firm settled on Bank Muscat and Bank of America Corp. to advise the initial public offering of its gas pipeline units as the sultanate kickstarts its privatization program, people familiar with the matter disclosed.
Kazakhstan's oil and gas exploration scene is gradually changing, with more than 100 tracks up for bids, with 23 exclusively reserved for two state-run companies.
East Timor president Jose Ramos-Horta On Wednesday, September 7, 2020, expressed confidence in Indonesia, South Korea, Japan, and China as potential investors in the long-delayed gas project in the waters between East Timor and Australia, Reuters reported.
Speaking at the national press club in Canberra, Timor pointed out the project as vital to the country's future.
Pittsburgh-based EQT Corp on Tuesday September 6 announced its intentions to acquire Tug Hill and pipeline company XcL Midstream in West Virginia along with its operations for $5.2 Billion. If the deal goes as planned, the founder and CEO of Tug Hill and XcL Midstream, Wil VanLoh, will be joining EQT's board of directors.
The Abu Dhabi National Oil Company (ADNOC) awarded a $548 million (AED 2.01 billion) contract to Abu Dhabi-based National Petroleum Construction Company (NPCC), WAM reported on Monday, September 5, 2022.
US-based gas pipeline EPGN has plans to strengthen the US-Mexico relationship by collaborating with Mexico’s Grupo Clisa in the new Yuma II gas project. The project aims to bolster the available gas supply in Sonora and Baja, California.
Argentina's state-owned oil company YPF on September 1, 2022, signed a deal with Malaysia's counterpart, Petronas, to build a gas pipeline to transport fuel and a massive liquefied natural gas (LNG) plant.
Energinet and Gasunie on September 1, 2022, signed a Memorandum of Understanding (MoU) to accelerate the preparations for cross-border hydrogen infrastructure between Denmark and Germany.
Pipeline Technique (PTL), a market-leading firm in onshore and offshore infrastructure welding, coating, and inspection technology, on August 23, 2022 finalized its transformational acquisition of triple businesses from Stanley Black & Decker. This is the second acquisition for 2022 after the company acquired Global Project Services in April.
