Marathon Oil Signs Heads of Agreement to Process Third-Party Volumes Through Existing Equatorial Guinea Infrastructure
Marathon Oil Corporation (MRO)
Last marathon oil corporation earnings: 2/12 04:30 pm
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Source: GlobeNewswire
HOUSTON, May 10, 2018 (GLOBE NEWSWIRE) -- Marathon Oil Corporation (NYSE: MRO) and its partners announced today they have executed a Heads of Agreement with the Government of the Republic of Equatorial Guinea and necessary third parties establishing the framework for processing third-party natural gas volumes through the Alba Plant LLC’s liquefied petroleum gas (LPG) processing plant and EG LNG’s liquefied natural gas (LNG) production facility, both located in Punta Europa, EG. Marathon Oil, through its wholly owned subsidiaries, is the majority shareholder in both Alba Plant LLC and EG LNG. With the Punta Europa facilities becoming a hub for the potential development of local and regional natural gas, the project will sustain the operating rates of the Alba Gas Plant and prolong the life of the EG LNG plant, both of which are proven integrated gas assets with high reliability and low capital demands. The existing processing facilities require only minor modifications to accom
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MRO
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- 2/21/24 - Beat
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Sec Filings
- 3/27/24 - Form 424B2
- 3/27/24 - Form 144
- 3/26/24 - Form 4
- MRO's page on the SEC website