
Israel’s Navitas Petroleum has brought into its fold a stake in a block off the coast of South Africa through a deal with Eco (Atlantic) Oil & Gas, an AIM-listed and Canada-headquartered oil and gas company focused on the Atlantic Margin.

Two South Korean companies, GasEntec and Samsung Heavy Industries (SHI), are pooling resources to commercialize small-scale liquefied natural gas (LNG) technology.