Saipem looking to close contracts related to Russia’s Arctic LNG 2 project
The $21.3bn project is expected to have production capacity of almost 20Mtpa of liquefied natural gas.
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Eni agrees to acquire Tango FLNG unit from Exmar
The Tango floating liquefaction plant has storage capacity of 16,100m³ and a liquefaction capacity of up to 0.6Mtpa.
G7 leaders agree to investigate capping oil import price
Democratic leaders will aim to drive the price of oil down through restrictions on businesses.
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Snam acquires $350m floating LNG regasification terminal from Golar LNG
The vessel has regasification capacity of five billion cubic meters and LNG storage capacity of 170,000m3.
Saipem to divest onshore drilling business to KCA Deutag for $550m
The Italian company will also get a 10% stake in the British drilling company KCA Deutag.
Germany and Italy allow companies to pay in rubles for Russian gas
The move by the two countries follows discussions with the European Union.
Italy’s Snam and Spain’s Enagas explore construction of gas pipeline
The proposed pipeline between Spain and Italy is expected to have an annual capacity of up to 30 billion cubic…
Italy considers temporary nationalisation of Lukoil-owned refinery
The ISAB refinery nationalisation is one of the options being considered by Italy if sanctions are imposed on Russian oil.