
Namcor and Chevron deal in Namibia for maritime block
NAMCOR and Custos Energy will retain 10% each in the oil exploration license for block PEL 82.
NAMCOR and Custos Energy will retain 10% each in the oil exploration license for block PEL 82.
The furnaces are expected to process approximately 4 tons per hour of hydrocarbon feedstock.
The increase in sales reflects market demand.
The new project seeks to reuse oil waste to pave routes, reducing costs and emissions.
The Hammerfest LNG plant accounts for 5% of all Norwegian gas exports.
Avenir's new vessels will increase the company's fleet by 40% and its total capacity by 80%.
The terminal is expected to receive a total of 139,635 tons of LNG.
Alternative ports for offloading include Dahej, operated by Petronet.
The company has developed a plan to execute an increase in gas supply for the country.
The plant will operate on renewable electricity supplied by a planned solar park.
The petrochemical company operates a refinery with a capacity of 400,000 barrels per day.
The Pikka project seeks to produce approximately 80,000 barrels of oil per day.