Tag: Agip

Kashagan project approved

Exxon Mobil Corporation has confirmed that Kazmunaygaz (KMG), the petroleum authority for the Republic of Kazakhstan, and the consortium companies of the North Caspian Production Sharing Agreement have announced approval of the development plan for the Kashagan oilfield.

Ecuador bid plan in doubt

A group of foreign oil companies in Ecuador have said the government's plans to seek fresh investments to raise crude output faces risk of failure because of unattractive contract terms.

Croatian contracts

Joint venture company North Adriatic Offshore has won a EUR 38 million contract for the construction of five gas production platforms for oil and gas combine Inagip.

Faeroese oil find

On the Faeroe Islands expectations of having an oil industry in future are growing after a new discovery in the British sector of the sea area.

Power plant in Puglia, Italy

Edison SpA has said it will go ahead and build a gas-fired power station at Candela in the Puglia region of Italy, after reaching agreement with the Candela municipal authorities.

Algerian oilfield deal

Algerian state-run oil and gas firm Sonatrach has granted a consortium of Italian oilfield equipment maker Saipem and French construction firm a USD 257 million oilfield development project.