WTI Posts Biggest Gain Since July
Geopolitical risks and low US inventories are keeping a bullish premium alive.
Geopolitical risks and low US inventories are keeping a bullish premium alive.
The two sides failed to clinch a deal after five rounds of talks.
Saudi Arabia is set to sell more international bonds.
The project, expected to be completed 2026, involves a complete rebuild and replacement of the transformer to address current energy needs.
'This award builds on our track record in Türkiye', said David Bertin, Senior Vice President for Subsea7 Global Projects Center East.
Sidara reduced its offer from 35 pence to 30 pence for each Wood share after a diligence review.
Under the contract, the regasification facility will convert liquefied natural gas (LNG) coming from four 180,000 kiloliter cryogenic tanks.
Preliminary calculations indicate the discovery, wildcat well 6506/12-PB-3 H in production license 094, holds a recoverable 6.3-18.9 million oil-equivalent barrels.
Buru raised around $1.37 million from a placement and plans to issue more shares amounting to about $1.95 million to fund the Rafael gas project onshore Western Australia.