08 January 2025
08 January 2025
This move seeks to protect coastal communities, marine ecosystems and essential local economies dependent on activities like fishing, recreation and tourism.
This reflects the Asian nations’ “commitment to bolstering its petrochemical sector, positioning it for sustained dominance in the global market over the next decade.”
The Neptun Deep project in the Black Sea is expected to deliver its first gas in 2027.
The EPIC NGL assets include two fractionators, 350 miles of pipelines and an 885-mile natural gas liquids (NGL) pipeline with a capacity of 175,000 barrels per day (bpd).
The agreement projects an annual supply of 12 million gasoline-equivalent gallons (GGE) once the stations are fully operational.
Proceeds from the initial public offering (IPO) will be used to repay debt, redeem equity interests and support general corporate purposes.
Serica's total net production reached 46,400 barrels of oil equivalent per day (boepd) as of 5 January 2025.
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