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News51 to 60 on 1970    ·   · 1   2   3   4   5   6   7   8   9   10   ·  ·   
 51 18 / 5 / 2010  Gazprom
 
 Board of Directors reviews information on Shtokman field development status and tasks. The Gazprom Management Committee was tasked to continue the FID preparation with due regard for the pipeline and liquefied natural gas sales in the current market environment. The final investment decision on pipeline gas production is planned to be taken in March 2011 and the decision on LNG production – before the end of 2011, at the next stage. Such an approach will enable launching pipeline gas and LNG production in 2016 and 2017, accordingly.

Natural gas - FSU
Russia - Development - Finance - Gazprom
 
 52 13 / 5 / 2010  Gazprom
 
 On working meeting between Alexey Miller and Yury Boiko. The parties discussed the issues related to the Russian Prime Minister’s proposal to merge Gazprom and NAK Naftogaz Ukrainy. On April 30 Vladimir Putin, Prime Minister of the Russian Federation made a proposal to the Ukrainian party in Sochi that Gazprom and NAK Naftogaz Ukrainy should merge.

Natural gas - FSU
Ukraine - Pipeline - Finance - Gazprom
 
 53 12 / 5 / 2010  Statoil
 
 Statoil has agreed to sell 40% of the Peregrino field offshore Brazil to Sinochem Group. Statoil maintains 60% ownership and the operatorship of the field which is set to start production in early 2011. Sinochem Group will pay a total of USD 3,070 million in cash for the 40% share of the Peregrino field, located in the Campos basin offshore Brazil.

Oil - South America
Brazil - Production - Finance - Statoil
 
 54 10 / 5 / 2010  BG Group
 
 BG Group announces US Appalachian Basin joint venture with EXCO. BG Group will: acquire a 50% interest in a total of 654 000 net acres in the Appalachian Basin; increase its estimated net gas resources by 2.4 trillion standard cubic feet (tcf); and pay a total consideration of $950 million, equating to an estimated unit resource cost of $0.40 per thousand cubic feet (mcf).

Natural gas - North America
United-States - Unconventional - Asset - BG Group
 
 55 30 / 4 / 2010  Consol Energy
 
 CONSOL Energy Closes on Deal To Acquire Dominion's Appalachian E&P Business for $3.475 Billion in Cash. Adds 1.0 Tcf of Proved Reserves, 41 Bcf of Annual Production and Triples CONSOL Energy's Strategic Marcellus Shale Gas Holdings to Approximately 750,000 Acres.

Natural gas - North America
United-States - Unconventional - Finance - Consol Energy
 
 56 19 / 4 / 2010  PDVSA
 
 PDVSA and CNPC form a joint venture to produce 400 MBD extra heavy crude in Block Junin 4 of the Orinoco Oil Belt, in addition to the construction of an improver in Mapire, Anzoátegui state. In its initial phase it will reach 50 thousand barrels in 2012. PDVSA the majority shareholder with a shareholding of 60% and 40% for CNPC.

Oil - South America
Venezuela - Production - Project - PDVSA
 
 57 15 / 4 / 2010  Apache
 
 Apache Gains Strategic Position in Deepwater Gulf With Mariner Merger. At Apache's closing stock price of $108.06 on April 14, 2010, the transaction values Mariner's shares at $26.22 per share or approximately $2.7 billion. Apache also will assume $1.2 billion in debt. In February, Mariner produced 63,000 barrels of oil equivalent (boe) per day from the Gulf Shelf and deepwater, the Permian Basin and unconventional onshore plays.

Oil - North America
United-States - Production - Finance - Apache
 
 58 12 / 4 / 2010  Eni
 
 Eni and Gazprom meet on South Stream and upstream projects. Intention to complete the feasibility study of the off shore section. Eni and Gazprom also confirmed their support to EdF entry into the project and committed to starting negotiations with EdF. Eni and Gazprom have agreed on the terms of Gazprom's entry into the Elephant project in Libya. First production at the Samburskoye field is confirmed for 2011. Plateau production of 150,000 boepd is expected within two years of start-up.

Natural gas - FSU
Russia - Pipeline - Project - Eni
 
 59 9 / 4 / 2010  Reliance Industries
 
 Reliance Industries And Atlas Energy Announce Marcellus Shale Joint Venture. Reliance will acquire a 40% interest in Atlas' core Marcellus Shale acreage position. For an acquisition cost of $339 million and an additional $1.36 billion capital costs under a carry arrangement for 75% of Atlas’s capital costs over an anticipated seven and a half year development program, Reliance becomes a partner in approximately 300,000 net acres of undeveloped leasehold in the core area of the Marcellus Shale in southwestern Pennsylvania.

Natural gas - North America
United-States - Exploration - Asset - Reliance Industries
 
 60 8 / 4 / 2010  Total
 
 Gulf of Mexico: Total transfers its interests in Virgo and Matterhorn to W&T Offshore, Inc. Under the terms of the agreement, W&T Offshore, Inc. will receive Total’s 64% interest in Viosca Knoll Blocks 822 and 823 (Virgo) and 100% interest in Mississippi Canyon Block 243 (Matterhorn). In selling these non-strategic assets, Total finalises the reorganisation of its activities in the Gulf of Mexico, focusing on areas of growth in the deep offshore.

Oil - North America
United-States - Production - Finance - Total
 
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