Oil, Gas and Shale
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NEWS Click on text to read news by category: General | Product | People | Worldwide

Oceaneering Expands Scope of Supply on Shell’s Appomattox Development, Gulf of Mexico

May 23, 2017

Oceaneering International will support the design, fabrication and installation of ancillary flowline hardware at Royal Dutch Shell’s Appomattox development in the Gulf of Mexico. The latest deal adds to Oceaneering’s supply contract of electro-hydraulic steel tube control for the same

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ExxonMobil and SABIC to Conduct Study on Texas Petrochemical Project

May 23, 2017

ExxonMobil and Saudi Basic Industries Corporation (SABIC) have signed an agreement to carry out a detailed study of the proposed jointly-owned petrochemical complex in Texas, US. The agreement was signed in the presence of Saudi Arabia King Salman bin Abdulaziz

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Noble Energy to Divest 50% Stake in Cone Gathering for $765 Million

May 23, 2017

Oil and natural gas exploration and production firm Noble Energy has agreed to divest its 50 percent stake in a company that operates pipelines in the Marcellus Shale to Quantum Energy Partners for $765m. Noble Energy would sell a holding

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WildHorse to Acquire Eagle Ford Acreage from Anadarko and KKR for $625 Million

May 19, 2017

WildHorse Resource Development has agreed to purchase around 111,000 net acres and associated production in the Eagle Ford Shale play from Anadarko Petroleum and Kohlberg Kravis Roberts & Cofor about $625m. The deal included the payment of $556m of cash

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TransCanada to Divest Stake in Iroquois and PNGTS to TC PipeLines for $765 Million

May 19, 2017

TransCanada has agreed to divest its 49.3 percent stake in Iroquois Gas Transmission System, along with remaining 11.8 percent interest in Portland Natural Gas Transmission System (PNGTS), to its master limited partnership, TC PipeLines. The deal, which is valued at

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Department of Interior Considers New Testing for OIl and Gas, Offshore Atlantic

May 19, 2017

The Trump administration is considering letting six companies test for oil and natural gas off the Atlantic coast. The Wednesday decision by the Interior Department is an early step toward potential drilling in the Atlantic Ocean, reversing an Obama administration

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Beemac Trucking Opens New Terminals in Houston to Service Growing Oil and Gas Markets, Texas

May 19, 2017

Beemac Trucking, an industry leader in flatbed transportation, has opened two new terminals in Houston, Texas. The opening of these new terminals in Houston will expand Beemac’s operational footprint in Texas allowing them to better serve the growing demand of

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Tokyo Gas America Acquires Stake in Castleton Resources to Develop Texas, Louisiana Assets

May 18, 2017

Tokyo Gas America has purchased a 30 percent equity stake in Castleton Resources, a subsidiary of Castleton Commodities International (CCI). In November last year, CCI purchased Carthage upstream and midstream assets in East Texas from subsidiaries of Anadarko Petroleum for

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Fluor Begins Mechanical Construction of Dow Chemical’s Ethylene Derivative Plant, Texas

May 18, 2017

Fluor has started the mechanical construction for The Dow Chemical’s new ethylene derivative plant in Freeport, Texas, US. “Having recently finished construction of Dow’s ethylene production facility in Freeport safely and on schedule, this project is a natural transition for

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Former Coal CEO Blankenship Challenges Senator Manchin to Debate after Jail Release

May 18, 2017

Former coal CEO Don Blankenship lambasted federal regulators and challenged a lawmaker to a debate shortly after being released from prison. Blankenship challenged Democratic Sen. Joe Manchin of West Virginia to a debate, shortly after his one-year prison ended. He

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