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Two companies to compete for contract on construction of IGB

ICGB opened publicly the price offers in the tender for construction of the interconnector with Greece Today in the office of the project company ICGB…

99% of TAP pipes welded in Greece, Albania

Around 99 percent of pipes of the Trans Adriatic Pipeline (TAP) have been welded in Greece and Albania, Trendreports with reference to TAP AG consortium. As…

Massive blast at Johor Petronas facility felt in Singapore

The impact from an explosion at a Petronas oil and gas facility in Pengerang, Johor, in the early hours of Friday (April 12), was felt…

Brazil has the potential for a 70% oil production increase by 2035

But is it likely? Brazil can look forward to some positive news when it comes to oil production for the next few years. After closing…

Fight for Turkish Market: Russia Loses to Azerbaijani Gas and LNG

In 2018, Turkey increased the purchase of LNG by 13.2% – to 8.3 million tons. As a result, Ankara has become the second largest importer…

The EC approved the allocation of €39 mln. for the construction of Interconnector Greece-Bulgaria

The price offers in the open procedure for the “Selection of a consultant for construction supervision for construction of gas interconnector Greece-Bulgaria” are to be…

ICGB opened publicly the submitted offers in the tender for construction of the interconnector with Greece

The largest public procurement in the IGB project is close to the end; the estimated value of the tender is set as a total price…

Gas Prices in Europe Collapsed by 50%

The global natural gas market is moving towards repeating the fate of the oil market in 2014-15. Against the background of an oversupply of LNG,…

Greece-Bulgaria gas pipeline project completes next tender

ICGB successfully completed the procedure for selection of Owner’s Engineer for the gas interconnector Greece- Bulgaria The selection of Owner’s Engineer is one of three…

Norwegian Fund Sells Assets of Oil and Gas Sector

After a lengthy discussion on March 8, the Government of Norway adopted recommendations for the State Sovereign Fund (Government Pension Fund Global, GPFG), in which…

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