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NEWS Click on text to read news by category: General | Product | People | Worldwide

Evolution Midstream Closes Acquisition of Rowdy Gas Gathering System, Wyoming

July 13, 2017

Evolution Midstream, LLC has closed on acquisition of the Rowdy Gas Gathering System. The Rowdy System is strategically located in the heart of Wyoming’s Powder River Basin and serves oil and gas producers in Campbell, Converse and Johnson counties. “As

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CB&I Secures $200 Million Contract to Build Two LNG Storage Tanks, Louisiana

July 11, 2017

CB&I has received a $200m engineering, procurement and construction (EPC) contract from Venture Global LNG, for the construction of two liquefied natural gas (LNG) storage tanks in the US state of Louisiana. The storage tanks will be constructed for Venture

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Southern Power and Wartsila to Develop Two Large Gas Power Plants in U.S.

July 11, 2017

Finland-based power generation technology provider Wartsila has signed a memorandum of understanding (MoU) with Southern Company subsidiary Southern Power to develop two flexible gas power plant projects in the US. The power plants are expected to as large as 450

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Vistra Energy to Acquire CCGT Facility in Texas for $350 Million

July 11, 2017

Vistra Energy has agreed to acquire 1,054MW combined cycle, combustion turbine power plant from Koch Ag & Energy Solutions for around $350m. The combined cyclegas turbine (CCGT) project is situated in Odessa, Texas. The deal will gain access to supply

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Trilogy Energy to Merge with Canada’s Paramount Resources in Share Exchange Deal

July 10, 2017

Canadian petroleum and natural gas firm Trilogy Energy has agreed to merge with rival Paramount Resources in a share exchange deal. Under the terms, the Canadian petroleum company Paramount will acquire 100 percent of the shares of Trilogy, offering one

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Liquefied Natural Gas Secures $1.5 Billion Commitment for Magnolia LNG Project, Louisiana

July 10, 2017

Liquefied Natural Gas Ltd (LNGL) has secured a commitment of up to $1.5bn from Stonepeak Partners for its Magnolia LNG project in the US. LNGL owns 100 percent ownership in Magnolia LNG, which is developing 8 million tonne per annum

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Halliburton Acquires Electric Submersible Pump Provider Summit

July 10, 2017

Halliburton has acquired Summit ESP, a provider of electric submersible pump (ESP) technology and services to the oil production sector for an undisclosed price. Based in Tulsa in Oklahoma, Summit is into engineering, manufacturing and servicing of a comprehensive product

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KBJ Secures EPC Contract for Jordan Cove LNG Project, Oregon

July 10, 2017

KBJ, a joint venture of Kiewit Energy Group, Black & Veatch Construction and JGC US Projects, has secured an engineering, procurement and construction (EPC) services contract for Jordan Cove LNG project in the US. Under the deal, KBJ will provide

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Exelon Receives Power Plant Honors

July 7, 2017

Exelon operates the cleanest fleet of power plants among the nation’s largest power producers and its utilities rank among the most energy efficient in the nation, according to two recent industry reports. Based on U.S. Energy Information Administration and Environmental

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CMA CGM to Sell 90% Stake in Los Angeles Terminal to EQT for $875 Million

July 7, 2017

French shipping major CMA CGM has signed an agreement with EQT Infrastructure III and its partner P5 Infrastructure for the sale of 90 percent stake in the Global Gateway South terminal in Los Angeles, US, for $875 million. The transaction

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