Sonatrach, Eni sign $1.35 billion production sharing deal
Total investments for exploration and development work in the so-called Zemoul El Kbar contractual perimeter are estimated at $1.35 billion, the statement said.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Reuters
7 hours ago
- Reuters
APA curtails US natgas and NGL production in second quarter on weak prices
July 9 (Reuters) - APA Corp (APA.O), opens new tab said on Wednesday it curtailed about 10 million of cubic feet per day (MMcfpd) of U.S. natural gas production and 750 barrels per day of U.S. natural gas liquids output during the second quarter due to weak prices. The U.S. oil and gas producer also completed the sale of its New Mexico assets in June, a deal announced in May. APA said the transaction reduced its second-quarter U.S. production by about 1,800 barrels of oil equivalent per day, roughly 33% of which was oil. Net proceeds from the sale, after adjustments and costs, totaled approximately $575 million. APA expects second-quarter average realized natural gas prices in the U.S. to be $1 per thousand cubic feet (Mcf) and $4 per Mcf globally.
BBC News
10 hours ago
- BBC News
Peterborough City Council plans to sell Middleholme site
Plans have been put forward to sell a former landfill site in order to build hundreds of 41-acre (16.6 hectare) site in Peterborough, known as Middleholme, is currently part-owned by the city council and Milton Estate, a local has been earmarked for 350 new homes in the city's local plan, a document that serves as a blueprint for future development, but which is being revised.A report being presented to the council's cabinet on Thursday said: "The local plan is currently under review and there may be an opportunity for a higher number of homes on site." According to the current local plan, potential developers would first need to look into flood mitigation measures before planning permission is would also need to examine transport and measures to improve access to the city centre for pedestrians and cyclists, as well as create an "attractive public riverside walk and cycle path" leading to Peterborough area includes the site of an old refuse tip along the Embankment, located east of the Frank Perkins Parkway, as well as the disused council-owned Potters Way car council's cabinet has been recommended to approve plans for the authority to work with Milton Estate to put the site on the market."The value will be dictated by the market interest in the site," the report said. The aim is to invite offers from developers during a tendering process this summer. Follow Peterborough news on BBC Sounds, Facebook, Instagram and X.
Reuters
11 hours ago
- Reuters
Trump issues tariff letters to seven countries
WASHINGTON, July 9 (Reuters) - U.S. President Donald Trump on Wednesday issued a round of tariff letters to seven countries, including Algeria, Iraq, Libya, Sri Lanka and the Philippines. The letters call for tariffs of 30% each on Algeria, Iraq, Libya and Sri Lanka, 25% each on Brunei and Moldova, and 20% on the Philippines.
