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Indigenous-led Group Project Reconciliation to Bid for Majority Stake in Trans Mountain Pipeline
July 9, 2019
An indigenous-led group that goes by the name Project Reconciliation is set to make a formal bid to acquire a majority stake in the 1,150km-long Trans Mountain pipeline in Canada. The Trans Mountain pipeline is owned by Trans Mountain, a
McDermott, Chiyoda and Sempra Strike Deal to Accelerate Cameron LNG Project
July 8, 2019
McDermott International and Chiyoda International are set to get an additional performance-based payments based on certain milestones of the Cameron LNG project in Louisiana from Sempra Energy. The two companies, through a joint venture called CCJV, are the engineering, procurement
Oilfield Waste Disposal Services Provider Milestone Acquires Water Disposal Network in Texas
July 8, 2019
Milestone Environmental Services, an oilfield waste disposal services provider, announced the acquisition of an asset package containing three leases and four injection permits located in Howard County, Texas. In addition, the company has broken ground on a new slurry injection
Flint Hills Resources Retains J.P. Morgan to Market Ingleside Crude Oil Terminal, Texas
July 8, 2019
Flint Hills Resources has hired J.P. Morgan to market and explore sales options for its crude oil terminal and fuel loading operations at Ingleside, Texas. This process is intended to identify all strategic alternatives for the future of the Ingleside
Venture Global LNG Raises $675 Million to Advance Plaquemines LNG Project, Louisiana
July 2, 2019
Virginia-based Venture Global LNG has secured an additional capital of $675 million (£533.45 million) from institutional investors, which it intends to use mainly for advancing the Plaquemines LNG export project in Louisiana. The $8.5 billion (£6.72 billion) LNG project to
FERC’s Draft EIS for Alaska LNG Project Outlines Mitigation Measures
July 2, 2019
The US Federal Energy Regulatory Commission (FERC) has issued a draft environmental impact statement (EIS) for the proposed $45 billion (£35.48 billion) Alaska LNG Project of Alaska Gasline Development Corporation (AGDC), outlining that the project will have an impact on
Northleaf Capital Partners Acquires CSV Midstream Solutions
July 2, 2019
CSV Midstream Solutions and Northleaf Capital Partners announced that they have entered into a strategic investment partnership. With this partnership, infrastructure funds managed by Northleaf have acquired 100 percent of CSV Midstream, including the 100 MMcf/day Resthaven gas processing facility
Talos Energy Completes Zama Appraisal Program in Mexico’s Sureste Basin
July 2, 2019
US-based oil and gas exploration company Talos Energy has announced completion of the Zama appraisal program in Block 7, located in the offshore portion of Mexico’s prolific Sureste Basin. Talos is the operator of the Block 7 as part of
GulfSlope Energy to Form JV to Drill Shallow Depth Prospects in Gulf of Mexico
July 2, 2019
Independent oil and natural gas company GulfSlope Energy has announced the formation of a joint venture with a privately held oil and gas company to generate and drill shallow depth prospects in the Gulf of Mexico. GulfSlope Energy has executed
Australia-based Oil Search to Increase Stakes in Exploration Leases in Alaska
July 1, 2019
The Australian company has exercised an option to buy out the remaining stakes of Armstrong in the Alaska North Slope assets. Australia-based Oil Search has exercised its option to double its stakes in the Pikka Unit, Horseshoe Block and other
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