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Linklaters advises on Coral South FLNG financing

first_imgThe London-headquartered law firm, Linklaters, has advised Eni and its Area 4 partners, CNPC, ENH, Galp and KOGAS on the project financing for the $8bn Coral South floating (LNG) project in Mozambique.According to the law firm’s statement, it is the largest project financing in Africa to date and the first project financing of an FLNG facility.The floating liquefied natural gas (FLNG) unit will have a capacity of around 3.4 million tons per year. It is expected to be East Africa’s first floating LNG production project.The Coral field, discovered in May 2012, is located within Area 4 and contains approximately 450 billion cubic meters (16 TCF) of gas in place.In October 2016, Eni and its Area 4 partners signed an agreement with BP for the sale of the entire volumes of LNG produced by the Coral South project for a period of over twenty years.Eni is the operator of Area 4, through its participation in Eni East Africa (EEA), which holds a 70 percent participating interest in the concession while Portugal’s Galp Energia, South Korea’s Kogas and Mozambique’s Empresa Nacional de Hidrocarbonetos (ENH), each hold 10 percent stake.Eni holds 71.4 percent shares of Eni East Africa with China’s CNPC holding 28.6 percent, however, in March 2017 Eni signed an agreement to sell 50 percent of its shares in EEA to ExxonMobil.last_img read more

Basketball Camps

first_img State budget vs. job creation – January 22, 2015 Latest Posts BAR HARBOR — Mount Desert Island High School varsity basketball coaches Justin Norwood and Brent Barker have opened their summer basketball camps for registrations.The Future Trojans Basketball Camp, run by Coach Norwood, is a five-day camp running from June 29 to July 3 at the Bernard Parady Gymnasium at MDI High School. The camp is open for any boy in third through ninth grade.The five-day MDI Girls’ Basketball Camp is being run by Coach Barker from June 22 to 26. The emphasis of this camp is to encourage interested girls from sixth through ninth grades in developing a greater understanding of all aspects of the game.This is placeholder textThis is placeholder textThe cost for both camps is $65 per person. The deadline for the boys’ camp is June 19. At-the-door sign-up for boys is $75.For more information, contact Brent Barker at 288-5011 or brentbarker@u98.k12.me.us; or Justin Norwood at 322-3522 or by e-mail at jnorwood@bangorschools.net. Hancock County Court News Nov. 3 thorugh Dec. 11 – January 22, 2015 Latest posts by admin (see all)center_img Bio House fire in Winter Harbor – October 27, 2014 adminlast_img read more

Brandon McCarthy, Brett Anderson scheduled to start this weekend

first_img“I’m excited for Brett,” Roberts said. “It’s been a long road back for him. To get him back, it’s obviously a good thing for us.”McCarthy, meanwhile, threw another bullpen session Thursday in search of the fastball command that deserted him in recent starts. McCarthy walked a career-high five batters in each of his past two starts, failing to complete four innings in either one.McCarthy described his lack of command as feeling “weird” during those starts but said everything “felt very normal this week” while throwing in the bullpen. McCarthy said he made some minor adjustments in his delivery centered on his timing and release point during those bullpen sessions with pitching coach Rick Honeycutt.“A lot of it is just getting the natural feel back,” said McCarthy who has made seven starts since returning from Tommy John surgery. “It feels like something has been found. Now it’s just making sure that’s it.”Puig talk Newsroom GuidelinesNews TipsContact UsReport an Error LOS ANGELES >> The Dodgers will use a couple familiar pieces to assemble their rotation puzzle this time around.After throwing two bullpen sessions this week, right-hander Brandon McCarthy will make his scheduled start on Saturday against the Pittsburgh Pirates. And left-hander Brett Anderson will return from back surgery to make his 2016 debut on Sunday.With those two veterans available, Dodgers manager Dave Roberts said rookie left-hander Julio Urias will move to the bullpen and pitch in a multi-inning role if needed. However, the Dodgers will need to make a roster move to add Anderson on Sunday and could make another when lefty reliever Adam Liberatore (elbow inflammation) is eligible to return Sunday as well.Anderson was pronounced ready to go after pitching 12 innings over three minor-league rehab starts and a bullpen session on Thursday at Dodger Stadium. He has not faced major-league hitters since Game 3 of the Dodgers’ NL Division Series loss to the New York Mets last October.center_img Demoted outfielder Yasiel Puig played his first home game for Triple-A Oklahoma City Friday night. Before the game, he spoke with reporters and answered questions about the move by the Dodgers.“I’m here to become a better player,” Puig said through an interpreter. “That was their decision. I don’t feel like this was a punishment. I feel like this is going to help me grow.“I’m here because I was not doing the right things over there. I’m here to improve myself. I’m here to become a better athlete again. … There’s a reason why I’m here. But I’m going to do my best to become the player that I was.”Puig referred to becoming the player “I was in 2013, 2014” and stuck to his talking points about being focused on “being a better teammate.and a better person.”Puig said the party videos he posted Sunday were a mistake. The Dodgers issued a statement at the time saying they were “disappointed” with the behavior of Puig and his teammates shown on the videos.“I really didn’t know how to use Snapchat,” he said. “I was just playing around with my teammates. I just did something that was wrong.”Then he went out and had three hits — a single, triple and home run — and drove in four runs for the OKC Dodgers Friday. In four games since reporting to the Triple-A team, Puig is 7 for 16 (.438) with four extra-base hits (a double, triple and two home runs) and nine RBIs.“I do want to go back to the major leagues,” Puig said. “That’s my dream and it’s still my dream to go back.“I need to do what my teammates (in Los Angeles) are doing because I’m not there. I don’t feel like I’m on the level that they are so I need to work on that. I want to be a part of the team and be at the same level as my teammates. … I know I’m not a perfect guy. But I want to be a better teammate. That’s what I’m here for.”NotesClayton Kershaw played catch again Friday and is expected to repeat the throwing session Saturday, according to Roberts. The Dodgers’ manager was hesitant to say anything about Kershaw’s progress — or lack of it — in his recovery from a back injury. But Roberts remains optimistic that further progress is “on the horizon.” … Left-hander Rich Hill threw another bullpen session before Friday’s game. He has had starts tentatively scheduled twice only to have them pushed back in order to give his injured finger more time to heal. … Reliever Joe Blanton rejoined the Dodgers Friday and was activated from the bereavement list. Left-hander Luis Avilan was returned to Triple-A Oklahoma City to clear a roster spot.last_img read more