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Hunting Signs Organic Oil Recovery Collaboration Agreement with Titan Oil Recovery
June 22, 2018
Hunting PLC, the international energy services company, has signed a collaboration agreement with US-based enhanced oil recovery company, Titan Oil Recovery Inc. The agreement allows Hunting to add Organic Oil Recovery (OOR) to a growing list of Hunting ‘TEK-Hub’ products
Denbury Resources Advances CO2 Enhanced Oil Recovery Project at Cedar Creek Anticline
June 21, 2018
Denbury Resources is moving ahead with a CO2 enhanced oil recovery (EOR) project at Cedar Creek Anticline (CCA), a geological feature in eastern Montana and western North Dakota, US. The company’s portion of CCA covers nearly 175,000 acres. It is
Cox Oil to Expand Gulf of Mexico Presence with $322 Million EGC Acquisition
June 21, 2018
Cox Oil has agreed to acquire Texas-based exploration and production company Energy XXI Gulf Coast (EGC) through one of its affiliates for a sum of about $322m to expand its presence in the Gulf of Mexico. As per the terms
TransCanada to Proceed with $140 Million Expansion of Its NOVA Gas Transmission System
June 21, 2018
TransCanada said that it will move ahead with a proposed $140-million expansion of its NOVA Gas Transmission (NGTL) System after completing expansion capacity open season in March for incremental firm export delivery service at the Empress/McNeill Export Delivery Point. Shippers
Canadian Oil Producers Baytex and Raging River Sign $2.13 Billion Merger Deal
June 21, 2018
Canada-based Baytex Energy and its rival oil producer Raging River Exploration have signed C$2.8bn ($2.13bn) agreement to merge and create a top-tier North American oil producer. The combined entity, which will have an enterprise value of approximately $5bn and operate
Transportation Partners and Logistics Expands Capabilities With Equipment Purchases
June 20, 2018
Transportation Partners and Logistics, LLC has acquired two new cranes to further its reach in transporting of oversized and overweight cargo across the supply chain, including wind power and oil and gas projects throughout North America. These new purchases include
Fluor Achieves Substantial Engineering Completion on Marathon’s Petroleum’s Galveston Bay Refinery
June 20, 2018
Fluor Corporation has achieved substantial engineering completion for Marathon Petroleum Corporation’s Tier 3 gasoline sulfur standard reconfiguration project at the Galveston Bay refinery in Texas City, Texas. “This accomplishment represents the successful completion of thousands of deliverables from the joint
Preferred Sands Continues Construction and Hiring at Newest In-Basin Frac Sand Mine in Oklahoma
June 20, 2018
Construction is underway at Preferred Proppants in-basin frac sand mine and facility in Oakwood, Oklahoma. The mine is expected to come online in the third quarter of 2018 and the company is currently looking to fill approximately 100 positions including
Rangeland Energy Begins Operations at South Texas Energy Products System (STEPS) Terminal Facility
June 20, 2018
Rangeland Energy III has commenced operations at its STEPS terminal in Corpus Christi, Texas. Rangeland will begin loading diesel onto railcars for a leading refined products customer. The diesel will be delivered to third-party inland terminals in Mexico via the
Strath to Acquire Paramount’s Montney Assets for $258 Million, Canada
June 19, 2018
Strath Resources has agreed to buy Paramount Resources’ oil and gas assets and associated infrastructure at Resthaven/Jayar in Canada’s Kakwa region for C$340m ($258.17m) in to expand its position in the Montney play. The assets involved in the cash-cum-stock deal
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