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Williams Partners Files FERC Application for $404 Million Southeastern Trail Expansion Project
April 16, 2018
Williams Partners has filed an application with the US Federal Energy Regulatory Commission (FERC), seeking an approval for its $404.8m Southeastern Trail expansion project, an expansion of the Transco natural gas pipeline system. By executing the pipeline expansion project, Transco
Statoil and Total Acquire Cobalt’s North Platte Deepwater Discovery for $339 Million, Gulf of Mexico
April 16, 2018
Statoil and Total have acquired Cobalt International Energy’s 60 percent operated interest in the North Platte discovery in the US Gulf of Mexico for $339m. The partners had jointly presented the bid for some of Cobalt’s assets as part of
EQT to Extend $3.5 Billion Mountain Valley Pipeline with MVP Southgate Project
April 16, 2018
EQT Midstream Partners has unveiled its plans to build a new 112.6km long interstate natural gas pipeline, called MVP Southgate in the US states of Virginia and North Carolina. The MVP Southgate pipeline will essentially be an extension of the
Brazos Midstream to Sell Delaware Basin Subsidiaries for $1.75 Billion
April 10, 2018
Brazos Midstream, which is backed by investment firm Old Ironsides Energy, has agreed to sell its Delaware Basin subsidiary companies to North Haven Infrastructure Partners II (NHIP II) and related funds for nearly $1.75bn. As per the deal, NHIP II,
California Resources Acquires Chevron’s Stake in Elk Hills Field for $460 Million
April 10, 2018
California Resources (CRC) has secured 100 percent ownership in Elk Hills natural gas and natural gas liquids field in California by buying Chevron’s interests in exchange of $460m and 2.85 million of its shares. Through the deal, CRC has acquired
TransCanada Commissions Final Section of $1.3 Billion Expansion of NGTL Pipeline System
April 10, 2018
TransCanada has completed the last leg of its CAD1.7bn ($1.32bn) 2017 expansion program on the Nova Gas Transmission (NGTL) System in Alberta, Canada by commissioning the Northwest Mainline Loop-Boundary Lake pipeline. The Boundary Lake section of the NGTL expansion saw
NuBlu Energy Opens LNG Liquefaction Facility in Port Allen, Louisiana
April 10, 2018
NuBlu Energy has opened its Port Allen LNG liquefaction facility in the US state of Louisiana for commercial production. The 30,000 gallons per day facility displays the modularity of the patented NuBlu technology as the current plant design allows for
Rick Perry Speaks at CERAWeek Conference, Says ‘Banning Fossil Fuels is a Fools Errand’
April 10, 2018
Energy Secretary Rick Perry believes it’s “a fool’s errand” to ban fossil fuels in the coming decades, according to his remarks at an oil and gas industry conference. “I think it’s a fool’s errand to stand up and say by
Halcón Resources Acquires West Quito Draw for $200 Million
April 9, 2018
Independent energy company Halcón Resources has acquired West Quito Draw for a purchase price of $200m. Halcón has elected not to exercise its previously disclosed Monument Draw East Option, and also provided an update on its recent well results in
Midstates Petroleum Signs Deal to Sell Anadarko Basin Producing Properties for $58 Million
April 9, 2018
Midstates Petroleum as signed a purchase and sale agreement (PSA) with an undisclosed buyer for the sale of its Anadarko Basin producing properties located in the Texas panhandle and western Oklahoma, US for $58m. These divested properties had fourth quarter
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