Cosmos Phase II

Marathon Oil Announces Agreement to Further Develop Equatorial Guinea Gas Mega Hub

Retrieved on: 
Thursday, March 30, 2023

Holding Limited, announced it has signed a Heads of Agreement (HOA) with the Republic of Equatorial Guinea (E.G.)

Key Points: 
  • Holding Limited, announced it has signed a Heads of Agreement (HOA) with the Republic of Equatorial Guinea (E.G.)
  • Ltd, a Chevron company, to progress the next phases (Phases II and III) in the development of the Equatorial Guinea Regional Gas Mega Hub (GMH).
  • "We are excited about this critical milestone in the ongoing development of Punta Europa as a world-class hub for the monetization of local and regional natural gas," said Lee Tillman, Marathon Oil Chairman, President, and CEO.
  • Alen gas is processed under the combination of a tolling and profit-sharing arrangement through Alba Plant LLC's onshore Liquified Petroleum Gas (LPG) plant (MRO 52% interest) and Equatorial Guinea LNG Holdings Ltd's LNG facility (E.G.

STRANGE DEVELOPMENT--A Startup Engineering Company -Awarded $1 Million National Science Foundation Phase II Grant

Retrieved on: 
Thursday, December 2, 2021

FENTON, Mich., Dec. 2, 2021 /PRNewswire/ -- Strange Development, a research and development company dedicated to reducing emissions with innovative engine technology, received a $1 million Phase II grant from the National Science Foundation (NSF) Small Business Innovation Research (SBIR) program.

Key Points: 
  • FENTON, Mich., Dec. 2, 2021 /PRNewswire/ -- Strange Development, a research and development company dedicated to reducing emissions with innovative engine technology, received a $1 million Phase II grant from the National Science Foundation (NSF) Small Business Innovation Research (SBIR) program.
  • As part of an NSF/SBIR Phase I grant, Strange Development's goal was to design, develop, and produce a running-technology demonstration engine.
  • "In Phase I," Krzeminski said, "we successfully demonstrated the effectiveness of our rotary exhaust valve and associated technology."
  • At Strange Development we are passionate about advancing two-stroke engine technology and developing innovative ways to expand its use.