(Reuters) - Engie Brasil (EGIE3.SA) said on Thursday it had reached a deal to sell a 15% stake in natural gas pipeline firm TAG to Canadian investment fund Caisse de Depot et Placement du Quebec (CDPQ) for 3.1 billion reais ($641 million). CDPQ, Canada's No.2 pension fund manager with C$424 billion ($320.60 billion) under management, will raise... Continue Reading →
NG Energy increases Colombian oil, natural gas reserves with new drilling campaign
(WO) – NG Energy International Corp., along with its partners Olympo and Duemav in the Maria Conchita Block and with Clean Energy and Oleum in the SN9 Block, increased reserves at both Maria Conchita and Sinu-9 as part of an updated independent analysis by Sproule International Limited. The updated reserves and resources incorporate the recently... Continue Reading →
First output from Venezuela’s Dragon gas field expected in 2 years -Trinidad
(Reuters) - A natural gas project to be developed in Venezuelan waters by Shell (SHEL.L) and Trinidad and Tobago's state firm National Gas Company (NGCTT.UL) could achieve first output in the next two years if a positive investment decision is made, Trinidad officials said on Friday. Venezuela and Trinidad on Thursday signed a 30-year license granting Shell... Continue Reading →
Strohm Manager: Reusing existing pipelines for offshore hydrogen is the best solution, but…
(OET) Reusing existing pipelines for offshore hydrogen is the best solution that can be used, however, this does come with certain challenges, according to Bart Steuten, Product Development Manager at Strohm, Dutch thermoplastic composite pipe (TCP) producer. Steuten discussed the production of hydrogen offshore, what we can expect in the future, the good sides of... Continue Reading →