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Freeport LNG Receives Regulatory Approval to Restart Operations of Its Liquefaction Facilty, Texas
February 23, 2023
Freeport LNG Development has received regulatory approval to commence commercial operations of the company’s natural gas liquefaction and export facility. Today’s authorization provides for the immediate full return to service of one liquefaction train, that has already restarted, and the
Liwathon to Acquire Equinor’s South Riding Point Oil Terminal, Bahamas
February 23, 2023
Equinor has entered into an agreement with Liwathon for the sale of the Equinor South Riding Point oil terminal at the Grand Bahama Island in the Bahamas. The terminal was purchased by Equinor in 2009 to enable the company to
Red Leaf Resources Partners With Ute Tribe for Uinta Basin Upgrader Project, Utah
February 22, 2023
Red Leaf Resources has entered into a collaboration agreement to advance its upgrader project in the Uinta Basin in the state of Utah. Red Leaf recently signed an agreement with Ute Energy Exploration and Marketing, a wholly-owned subsidiary of a
TotalEnergies EP Canada Acquires Additional Interest in Teck’s Fort Hills for $232 Million
February 22, 2023
In the context of its future spin-off, TotalEnergies EP Canada has exercised its preemption right to acquire an additional 6.65 percent interest in the Fort Hills Energy Limited Partnership and associated sales and logistics agreements from Teck Resources, for a
Elk Range Royalties Closes Acquisition in the Permian Basin with Tower Rock Oil & Gas
February 22, 2023
Elk Range Royalties has closed an acquisition of Permian Basin mineral and royalty interests pursuant to a purchase and sale agreement (PSA) with Tower Rock Oil & Gas and its affiliates. The PSA covers ~2,300 core net royalty acres (NRAs),
Arena Energy Closes Acquisition of Gulf of Mexico Shelf Properties from Cox Operating
February 22, 2023
Arena Energy has closed on the acquisition of Cox Operating’s interest in two fields located in the shallow waters of the Gulf of Mexico. The acquisition consolidates Arena’s ownership interest in Eugene Island 330 and South Marsh 128, both of
Talos Energy Confirms Stockholder Approval for Acquisition of EnVen Energy
February 22, 2023
Talos Energy Inc. said all of the proposals related to its acquisition of EnVen Energy Corporation were approved by the requisite holders of Talos common stock at the company’s special meeting of stockholders held on February 8, 2023. The final
TC Energy Increases Cost Estimate of Coastal GasLink Pipeline to $11 Billion
February 22, 2023
TC Energy has increased the cost estimate of the Coastal GasLink pipeline project in Canada to around C$14.5 billion ($10.9 billion) following the completion of a cost and schedule risk analysis (CSRA). The analysis was done to evaluate the present
Baker Hughes Forms Digital Collaboration with Corva to Enhance Well Construction Efficiency
February 22, 2023
Baker Hughes entered a strategic investment and collaboration agreement with Corva. Corva a Houston-based company that delivers cloud-based well construction digital solutions, to bolster oil and gas customers’ rig visualization and drive enhanced decision making across the well lifecycle. Corva
API Promotes Holly Hopkins to Vice President of Upstream Policy
February 22, 2023
The American Petroleum Institute (API) has promoted Holly Hopkins to vice president of Upstream Policy. In this role, Hopkins will lead API’s efforts concerning the legislative and regulatory issues surrounding the exploration and production of oil and natural gas. Hopkins,
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