The Leipzig-based company, controlled by EnBW Baden-Wuerttemberg AG, is the first German gas trader to reach such an agreement with the North African country, said the people who asked not to be named as the business is private.
Swedish officials said they have decided to close their investigation into the September 2022 explosions on the Nord Stream gas pipelines which were built to carry Russian natural gas to Germany, saying they do not have jurisdiction.
Partners Group Holding AG is in advanced talks for a potential acquisition of Rosen Group, a European engineering firm specializing in testing oil and gas assets, people with knowledge of the matter said.
The police statement said they had attempted to contact the Newnew Polar Bear, but the ship was not willing to co-operate.
Instead, a combination of barriers can be employed, where each additional mitigation draws the net a little tighter in one area, making it harder for the perpetrator to get through the armour.
Power grid operators around the Baltic Sea are beefing up protection of subsea cables and other critical infrastructure after the suspected sabotage on a gas link between Finland and Estonia last weekend.
“It is likely that both the gas pipe and the damage to the communication cable is the result of external activity,” he said in a statement.
Russia imported millions of pounds of Halliburton equipment last year despite sanctions, according to a report by The Guardian.
In Cote d’Ivoire, the service company has won a subsea umbilicals, risers and flowlines (SURF) contract for Baleine Phase 2. Eni began producing at this field in August.
"Starting with 2027, we will have a new natural gas source with potential to significantly increase the country's natural gas production, thus securing safety of supply.”
The report went on to say the attack required experienced divers who may have received “specialised government training” at some point.
“It’s a matter of cost,” DNV’s Mediterranean manager Andrea Spessa said. “This pipeline is the best solution to transport energy from one country to another in this range.”
Data from the European Union shows Algerian gas flows to Italy up 41% year on year in the third quarter of 2022.
Enagas is to acquire a 20% stake in the Dutch BBL Company, which operates a 150-mile gas interconnection linking the UK and the Netherlands.
It also noted that there was scope to develop hydrogen resources within the venture. There was discussion in December, during talks between Algeria and Germany, about the possibility of transporting green hydrogen via Italian links.
A Swiss court has granted a six-month "stay of bankruptcy" to the operating company for the never-opened Nord Stream 2 pipeline, which was built to bring Russian gas to Germany but put on ice shortly before Russia invaded Ukraine in February.
Gazprom PJSC’s exports to its key foreign markets almost halved in 2022 — reaching the lowest since at least the start of the century — as flows to Europe were slashed following the invasion of Ukraine.
Germany agreed to reduce its stake in Uniper to 25% plus one share by 2028 at the latest.
President Putin said Kovykta and Chayandinskoye could produce 50 bcm per year.
Swedish prosecutors have concluded that sabotage caused the Nord Stream explosions, in September.
The lack of fungibility of the gas market is set to pose a major challenge for Europe in the near term, the heads of Saudi Aramco and Shell agreed today.
The Nord Stream pipelines appear to have stopped leaking, according to the Danish Energy Agency, while accusations are thrown over responsibility.
Nord Stream 1 and 2 have sprung a number of leaks simultaneously, releasing gas into the environment.
Fitch Ratings has increased its short and medium term gas price assumptions, based on an assumption of no further Russian supplies into the European Union.
OMV has cleared former CEO Rainer Seele of misconduct. It did find evidence of negligence in some of his actions, it said in a report.