International

Netherlands to spend up to $548mln to fill gas storage for next winter

Published on : 2022-12-11

The Dutch government expects to spend up to 520.5 million euros ($548.4 million) to sufficiently fill the gas storage at Bergermeer, one of Europe's largest, in the winter of 2023/2024.

Government-owned energy company EBN will be tasked to fill Bergermeer with 1.5 to 2 billion cubic metres (bcm) of natural gas if other market participants fail to do so, and will not release the gas its has stored there this year until at least the first quarter of 2024.

($1 = 0.9492 euros)

Egyptian Investors Join Mauritania in $1.3 Billion Gas Development Partnership

Mauritanian Minister of Petroleum, Mines, and Energy Nani Ould Chrougha, has signed an exploration-production contract for the development of the Banda gas field in Mauritania with the Taqa Arabia Go Gas Consortium.

TechnipFMC Secures Whiptail Project Contract with ExxonMobil Guyana

TechnipFMC has been awarded a contract by ExxonMobil Guyana Limited for the Whiptail project in Guyana Stabroek Block

Fadhili Gas Plant Expansion: Aramco Awards $7.7 Billion in EPC Contracts

Aramco Grants $7.7 Billion in EPC Contracts for Fadhili Gas Plant Expansion in Saudi ArabiaSaudi Aramco has recently awarded engineering, procurement, and construction (EPC) contracts worth $7.7 billion to facilitate a significant expansion of the Fadhili Gas Plant located in the Eastern Province of Saudi Arabia.