Royal Dutch Shell plc and Ukraine’s state-owned oil company Naftogaz Ukrainy appear poised to clinch a deal to develop and explore shale gas in the eastern European country, with Shell initially investing about $800 million for exploration and production (E&P), according to a top Ukrainian official.
Clinch
Articles from Clinch
Schlumberger, Fluor Clinch Contract to Recover Gas, Oil in Mexican Reservoir
Schlumberger Oilfield Services and ICA Fluor Daniel on Thursday were awarded the largest ever integrated oilfield services contract in Mexico for work in the Chicontepec reservoir. The $500 million contract to recover natural gas, along with light and heavier oil in the reservoir spans four years.
Schlumberger, Fluor Clinch Contract to Recover Gas, Oil in Mexican Reservoir
Schlumberger Oilfield Services and ICA Fluor Daniel on Thursday were awarded the largest ever integrated oilfield services contract in Mexico for work in the Chicontepec reservoir. The $500 million contract to recover natural gas, along with light and heavier oil in the reservoir spans four years.
AEP, Dow Clinch Cogeneration Deal
American Electric Power and Dow Chemical are moving forward withplans to construct a $325 million natural gas-fired cogenerationplant at Dow’s chemical complex in Plaquemine, LA. AEP also signeda 20-year contract for an undisclosed amount to sell all of thefacility’s 900 MW generation to Tractebel SA’s energy marketingunit once it is online, expected in early 2003.