Tag: gas
Three oil firms invest $1.6 billion this year
Three oil and gas companies--ChevronTexaco Corporation of the United States, TotalFinaElf of France and Gulf Indonesia Resources of Canada--have planned a combined investment worth US$1.6 billion this year to develop the Indonesian oil and gas resources.
Serbia energy projects
Serbia is seeking international loans and offer joint ventures and BOT (build-operate-transfer) projects in a bid to revive its energy sector and stabilise electricity, gas and fuel supplies.
Groningen revamp
Nederlandse Aardolie Maatschappij (NAM) has launched a USD 1 billion programme to redevelop the giant Groningen gasfield that lies both on- and offshore the north coast of the Netherlands.
Irish Sea gas contract
US-based Burlington Resources has awarded a GBP 55 million pound engineering contract in its Rivers Fields natural gas venture in the Irish Sea.
Nigerian power boost
A USD 540 million contract has been awarded to the Shell Petroleum Development Company of Nigeria (SPDC) for two major gas-fired projects at the Afam Power plant near Port Harcourt.