Predator Oil & Gas Holdings plc has signed a memorandum of understanding for sales of up to potentially 50 million cubic feet of gas per day from Guercif onshore Morocco. FOUNDATION The exclusive one-year MoU, beginning 27 November, with Afriquia Gaz S.A. involves discussing the terms of a legally binding gas sales agreement of compressed […]
Tag: Memorandum of Understanding
GreenRoc signs MoU for Amitsoq graphite mine and financing
GreenRoc Mining plc has signed a memorandum of understanding (MoU) to explore civil, mining and/or logistics work and commercial opportunities for the Amitsoq graphite project in southern Greenland. MINE CONSTRUCTION The company signed the MoU with construction and mining group Leonhard Nilsen & Sønner A/S (LNS) which is the potential sub-contractor during the construction and […]
Orcadian signs core services MoU for Pilot oil field
Orcadian Energy plc has signed a binding memorandum of understanding with SLB to deliver core services for the wells on the company’s Pilot oil project in the North Sea. TECHNOLOGIES The companies and chosen well operator Petrofac will plan a comprehensive project agreement with a strong focus on decarbonisation. Orcadian chief executive Steve Brown said […]
Altona to acquire 70% Monte Muambe
Altona Rare Earths plc plans to acquire the Monte Muambe rare earths project in Tete Province, northwestern Mozambique. EXPLORATION In March 2021, the company signed a Memorandum of Understanding with Ussokoti Investimentos Limitada, before beginning due diligence. Altona today said it had instructed its UK legal counsel to prepare the final contract to start the […]