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BOEM Plans Oil and Gas Lease Sale in November for Gulf of Mexico’s Outer Continental Shelf
July 22, 2020
The US Bureau of Ocean Energy Management (BOEM), an agency within the US Department of the Interior (DOI), has announced plans to offer about 78.8 million acres in federal waters of the Gulf of Mexico’s Outer Continental Shelf (OCS), for
Chevron Signs $5 Billion Deal to Acquire Noble Energy
July 22, 2020
Energy firm Chevron has agreed to acquire US-based Noble Energy in an all-stock transaction valued at $5 billion. Under the terms of the deal, Noble Energy shareholders will receive 0.1191 shares of Chevron for each share held. The transaction has
Second Bakken Pipeline Shutdown Further Threatens Shale Recovery
July 22, 2020
Earlier this month, a federal judge stunned the U.S. energy sector with an order to shut down the Dakota Access pipeline. Environmentalists hailed it as the first time a fully operating system had been forced to close by a legal
Cycle Energy Acquires Harvest Petroleum
July 21, 2020
Cycle Energy Industries has signed a purchase agreement for 100 percent of the issued and outstanding shares of Harvest Petroleum Inc. The purchase agreement states Cycle will purchase all of the issued and outstanding shares of Harvest Petroleum Inc. for
Halliburton and TechnipFMC Launch Joint Subsea Fiber Optic Service
July 21, 2020
Halliburton Company and TechnipFMC introduced Odassea™, the first distributed acoustic sensing solution for subsea wells. The technology platform enables operators to execute intervention-less seismic imaging and reservoir diagnostics to reduce total cost of ownership while improving reservoir knowledge. The Odassea
Midstream Industry Veterans Form Tivoli Midstream, a New Terminal and Storage Platform Company
July 21, 2020
Midstream industry veterans Rance Fromme, Rick Adams, and William Brod have formed a new company Tivoli Midstream. Tivoli brings together 70 years of combined terminal, midstream, logistics, chemical, and energy experience. Tivoli is backed by an equity commitment from its
Align Midstream Partners Enters JV With Sabine Oil & Gas, Completes TOPS Pipeline
July 21, 2020
Align Midstream Partners II has completed the TOPS Pipeline and formed a joint venture agreement in the pipeline with Sabine Oil & Gas, a fully owned subsidiary of Osaka Gas USA . The TOPS pipeline is a 30-mile, 16-inch diameter
Harvest Oil & Gas to Sell Eastern Ohio Wells for $20.5 Million
July 20, 2020
Harvest Oil & Gas, based in Houston, has struck a deal to sell its Appalachian Basin holdings and leave the region. The $20.5 million deal is set to close in August and the buyer hasn’t been identified. The buyer is
Army Corps of Engineers to Appeal Against Dakota Access Pipeline Shutdown
July 20, 2020
The U.S. Army Corps of Engineers has filed a notice of appeal at an appeals court against a district court decision to shut down the Dakota Access pipeline, Reuters reports. A district judge ruled that the Dakota Access is to
Energy Industry Associations Applaud Trump Administration Rule to Streamline NEPA
July 20, 2020
The White House Council on Environmental Quality issued a final rule this week to update the National Environmental Policy Act (NEPA). NEPA requires federal agencies to consider the environmental effects of major federal actions — from the construction of roads
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