Canadian province seeks oil and gas growth

The government of Newfoundland and Labrador has published a plan for oil and gas industry growth that envisions the drilling of more than 100 exploration wells and a doubling of oil and gas production by 2030. An industry-government group called the Oi…

Novatek, Aramco seek gas collaboration

Novatek and Saudi Aramco have signed a memorandum of understanding to collaborate on natural gas projects. Subjects include LNG supplies, development of LNG markets, gas exploration and production, and research and technology development.

Novatek wins two Yamalo-Nenets licenses

Novatek, Moscow, has won an open auction to acquire the holders of two exploration and production licenses in Russia’s Yamalo-Nenets Autonomous District, where it produces hydrocarbons from 13 fields.