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Eni wins UAE onshore block Apr 19, 2021 12:55:pm Summary by: Joseph Murphy Posted in: Eni wins UAE onshore block Eni has secured rights to onshore Block 7 in the Ras Al Khaimah emirate of the UAE, the Italian major said on April 19, noting that the area shared geological characteristics with its recent Mahani discovery in the adjacent Sharjah emirate. The company has signed a production-sharing agreement for the block with the Ras Al Khaimah Petroleum Authority. Eni will serve as operator with a 90% interest, while Ras Al Khaimah's national oil company RAK Gas will have a 10% interest. The 4...

Gazprom Scraps Baltic LNG Contract Mar 16, 2021 5:40:am Summary There were "discrepancies" in the project's risk assessment and in how risks should be shared, according to contractor Nipigaz. by: Joe Murphy Russia's state-owned Gazprom and its private partner Rusgazdobycha have cancelled an engineering, procurement and construction (EPC) contract for processing facilities at a gas comple... Posted in: