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NEWS Click on text to read news by category: General | Product | People | Worldwide

Dow Starts Up World-Scale Ethylene Production Facility and ELITE™ Polyethylene Unit in Texas

September 21, 2017

DowDuPont Materials Science, the business division of DowDuPont to be named Dow, has started its new integrated world-scale ethylene production facility and its new ELITE™ enhanced polyethylene production facility, both in Freeport, Texas. These two key milestones enable Dow to

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Jacobs Engineering Signs Global Enterprise Framework Agreement With Shell

September 20, 2017

Jacobs Engineering Group Inc. has signed a global enterprise framework agreement (EFA) renewal with Shell Oil Company to provide concept, front-end engineering, detailed design, procurement, project management, construction management and construction services for Shell projects globally. The agreement aligns with

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Construction Underway at Williams Partners’ Greenfield Portion at Atlantic Sunrise Project, Pa.

September 20, 2017

Williams Partners L.P. has started construction in Pennsylvania on the greenfield portion of the Atlantic Sunrise pipeline project, an expansion of the existing Transco natural gas pipeline to connect abundant Marcellus gas supplies with markets in the Mid-Atlantic and Southeastern

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Compressor Facility Construction Marks Start of Atlantic Sunrise Project, Pennsylvania

September 19, 2017

Construction of the Atlantic Sunrise natural gas pipeline is officially underway in Pennsylvania. Ground was broken Friday for natural gas compressor facilities in Orange Township, Columbia County, and Clinton Township in Wyoming County., Williams Partners said Monday. Preparing the path

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GulfSlope and Texas South Energy Sign LOI to Drill Oil and Gas Prospects, Gulf of Mexico

September 18, 2017

GulfSlope Energy, along with Texas South Energy, has entered into a letter of intent (LOI) with an undisclosed international oil and gas firm for drilling of prospects in Gulf of Mexico. Under the deal, the partnership will jointly drill and

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Magellan and Valero to Expand Pasadena Marine Storage Facility, Texas

September 18, 2017

Magellan Midstream Partners has partnered with Valero Energy to form a joint venture (JV) firm for the expansion of Pasadena marine terminal in the US. Under the deal, the companies will form a limited liability firm to expand and develop

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IOG Capital Strikes $130 Million Deal for Development Drilling Programs, Texas

September 18, 2017

IOG Capital has struck deals for three joint development drilling programs in Eagle Ford, Merge, and Arkoma-Woodford which are expected to be carried out with an investment of to $130m. The Texas-based energy investment firm says that the development programs

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Elk Petroleum to Acquire Resolute’s Stake in Aneth Field for $195 Million, Utah

September 18, 2017

Elk Petroleum has agreed to acquire Resolute Energy’s interests in Aneth Field of Paradox Basin for around $195m. Under the deal, Elk will acquire Resolute’s subsidiary, which has stake in Aneth Field of Paradox Basin located in Southeastern Utah, US.

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Occidental Petroleum to Acquire Hess’s Permian Basin Oil Recovery Assets for $600 Million

September 15, 2017

Hess Corporation has entered into an agreement to sell its interests in enhanced oil recovery (EOR) assets in the Permian Basin to Occidental Petroleum Corporation for a total consideration of $600 million. Proceeds from the sale will be used to

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Talos Energy Makes Historic Oil Discovery Offshore Mexico

September 15, 2017

Talos Energy as operator, together with its joint venture partners Sierra Oil and Gas S. de R.L de C.V. and Premier Oil Plc has discovered oil at Zama-1 exploration well, offshore Mexico. Talos holds a 35 percent participation interest with

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