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Caspian pipeline news

XRG completes Southern Gas Corridor equity stake acquisition

XRG has completed its acquisition of an equity stake in Southern Gas Corridor CJSC from the Ministry of Economy of the Republic of Azerbaijan, following the satisfaction of all conditions precedent and receipt of customary regulatory approvals.

 
 

EnerMech secures new contract wins

Solutions specialist secures a number of OPEX and CAPEX contracts totalling US$128 million across its Africa, Middle East and Caspian locations.