TotalEnergies Acquires Stake In Gas Firm With $530m

TotalEnergies Acquires Stake In Gas Firm With $530m

TotalEnergies has signed an agreement with Sapura Upstream Assets Sdn Bhd (SUA) to acquire its 50% interest in Malaysian independent gas producer and operator SapuraOMV Upstream Sdn (SapuraOMV) for a consideration of $530 million, subject to closing adjustments.  Closing for the...
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NNPC, Kaduna, Sign MoU 0n Gas Utilisation, Expansion

NNPC, Kaduna, Sign MoU 0n Gas Utilisation, Expansion

Nigeria’s domestic gas penetration aspirations have received a major boost as the Nigerian National Petroleum Corporation (NNPC) and the Kaduna State Government have signed a Memorandum of Understanding (MoU) for utilisation and expansion...
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Seplat Wins NGA Award, Explains Gas Business Sustainability, Growth

Seplat Wins NGA Award, Explains Gas Business Sustainability, Growth

Seplat Petroleum Development Company Plc has identified its fast-growing gas business as a strong catalyst for sustainable development in Nigeria.  Mr. Roger Brown, Chief Executive Officer, SEPLAT, described this drive as a revolution, indicating that the...
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