Samsung Engineering signed a contract with the Groupement Timimoun (GTIM), a JV between Sonatrach, Total, and Cepsa for Algeria’s Timimoun Field Development Project. The contract is worth $800 million. The Timimoun Field Development project is located 800 km southwest of Algiers. Samsung Engineering is responsible for EPC and pre-commissioning on a lump-sum-turn-key basis to build […]
February 18, 2014 Read More
FAR Ltd. has been given the green light by the Ministry of Energy and Petroleum in Kenya for its farm-in deal for the onshore portion of Block L6. Under the terms of the farm-in agreement with Milio E&P Ltd. and Milio International, FAR will be fully funded through the drilling and testing of a high […]
February 18, 2014 Read More
The industry could find out just where Tanzania will locate its planned LNG facility in the next week or so. The government has asked the companies involved, BG/ Ophir and Statoil ExxonMobil to make their plans public as early as next week, Tanzani’s Minister of Energy Sospeter Muhongo said. “The location of the plant will […]
February 18, 2014 Read More