Following Coral-Sul inauguration, Eni eyes more FLNG developments off Mozambique

Italy’s oil and gas giant Eni has engaged in talks during the inauguration ceremony for the Coral-Sul floating LNG (FLNG) facility to contemplate the possibility of additional FLNG projects off Mozambique. Eni disclosed on Wednesday that its representatives discussed the possibility of replicating the success of the Coral South project with further FLNG development – as well... Continue Reading →

UK Says Baker Hughes-Altus Deal May Hurt Competition in Oil Well Services

(Reuters) Britain's competition watchdog said on Tuesday that U.S.-listed oilfield services firm Baker Hughes Co's acquisition of Altus Intervention could reduce competition among UK oil and gas operators. The Competition and Markets Authority (CMA) said it was concerned that the loss of rivalry between the merging companies could lead to higher prices, reduced choice, and lower quality services... Continue Reading →

Blog at WordPress.com.

Up ↑