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The aggregate purchase price paid for the Assets was USD $21,315,636 (the “Purchase Price”), being approximately CAD $27,710,327. In addition, the Purchaser assumed all of the long-term liabilities

The deal involves sale of 39,000 net acres to Ascent Resources including 26,000 net undeveloped acres. Hess said that it will use the proceeds from the deal to
The post CNX, Hess complete sale of Utica shale play assets to Ascent Resources appeared first on Compelo Energy.

Enegia Consulting Oy, Enegia Portfolio Services Oy and IntStream Oy will become part of Gasum. The transaction was closed by Gasum Ltd and Enegia Group Oy on August
The post Gasum purchases Enegia’s energy market services appeared first on Compelo Energy.

Pintadillo-1 is the first of up to three wells targeting the N Sand anomaly, which has been identified on 3D seismic. Pintadillo-1 will be a slightly deviated well,
The post Amerisur Resources spuds Pintadillo-1 well in Platanillo block appeared first on Compelo Energy.

The sale includes two plants, located in Ningbo, Zhejiang Province, and in Foshan, Guangdong Province, with each having an annual production capacity of 200,000 tons of polystyrene. Total

The investment required for the wind farm has been secured from a consortium of 15 banks, which provided around £1.75bn debt facilities. The lending group includes Sumitomo Mitsui Banking Corporation, ABN

The Norwegian gas field has been developed using a SPAR platform with a total investment of around NOK 37.5 billion ($4.47bn). The platform is a floating installation with

Last year, cybersecurity was never far from the headlines. Critical infrastructure faced attacks on a monthly basis, such as threats from state-backed groups. In terms of mining cybersecurity,
The post Move over malware: is mining dealing with the growing cyberthreat? appeared first on Compelo Energy.

the Company has retained New Valley Drilling to complete up to 2,000 metres of diamond drilling to test major targets on its Big Easy Gold property, located approximately

new smart service contract will change the traditional approach to maintenance. The Ivar Aasen platform in the North Sea provides Aker BP with more than just oil. It
The post Aker BP signs smart service contract with Cognite and Framo Service appeared first on Compelo Energy.

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