Tags
PTTEP
May. 15 - 2012
Shell proposes $1.8 billion cash to acquire Cove Since Shell and PTTEP from Thailand were competing to take over Cove Energy (Cove), Shell had made a first offer based on $0.195 per share, representing $1.57 billion capital expenditure for the acquisition. Then PTTEP submitted a $1.78 billion cash counter offer valued on $0.220 per share. Then Shell came back with a proposal based on $1.8 […]
admin
Reading: 3 min
Read more
Anadarko capital expenditure Cove Energy East Africa ENH Exploration & Production gas Kenya Liquefied Natural Gas LNG LNG Trains Mitsui Mozambique offshore offshore platform Offshore technology ogp projects Oil & Gas Oil & Gas and Petrochemical Oil news Project Feasibility study PTTEP Shell upstream well
Mar. 7 - 2012
Through the Lagosta III well, located in the gas field Rovuma Basin Area 1, Mozambique, Cove Energy along with Anadarko Petroleum has discovered unexpected quantities of gas. The high quality of this gas and its geographical position fit perfectly with the demand in Asia where gas prices are attractive and sustainable. Since then, Shell and […]
admin
Reading: 3 min
Read more
