Gulf Navigation (DFM:GULFNAV) entered a multi-year charter deal with SLB's Schlumberger Western for the Allianz Warrior well stimulation vessel.
The agreement has automatic renewal terms with no commodity exposure, according to a Wednesday release.
Gulf Navigation is also in the process of changing its name to Etihad Energy Holding.
Active Energy Group (AEG.L) plans to explore potential opportunities in Bahrain during the upcoming meeting at the GCC digital infrastructure event in London.The UK-listed renewable energy company, which has already established a presence in the United Arab Emirates, intends to tap into the increasing demand for digital infrastructure in Bahrain.The company cautioned that the talks are at an early stage and there is no certainty that any commercial arrangements or projects would result from the discussions.
EOG Resources (EOG) has an average rating of overweight and mean price target of $161, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Energean (ENOG.L) said Wednesday that Etu Energias sought to exercise its pre-emption rights over Chevron's (CHV.F) interests in Block 14 and 14K in offshore Angola, which the natural gas-focused exploration and production company is planning to acquire.Energean added that its acquisition deal with Chevron remains in effect until the relevant pre-emption right is validly exercised and executed, and until a new sale and purchase agreement between Chevron and Etu Energias has been completed.The company also noted that the Angola-based Etu Energias, which is one of Chevron's joint venture partners, must satisfy the same buyer conditions, including proving that it is a deepwater oil and gas operator with at least one existing producing asset at water depths of over 300 meters.In March, Energean agreed to purchase Chevron's 31% operated interest in Block 14 and 15.5% non-operated interest in Block 14K for a base consideration of $260 million, plus up to $250 million in contingent payments.