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Freeport Files FERC Application, Commences FEED for Proposed Fourth Liquefaction Train, Texas
July 7, 2017
Freeport LNG Development, L.P. (FLNG), has announced the filing by it and its wholly owned subsidiary, FLNG Liquefaction 4, LLC (FLIQ4), of a formal application with the Federal Energy Regulatory Commission (FERC) for authorization to site, construct and operate a
BLM Alaska Cooperates on Natural Gas Project for State of Alaska
July 7, 2017
In keeping with the administration’s priorities of energy dominance and creating jobs, the Bureau of Land Management Alaska is cooperating with the U.S. Army Corps of Engineers in the analysis of the Alaska Stand Alone Pipeline Project (ASAP). ASAP is
Payne Exploration Retains Energy Capital to Seek Buyers for Its Oklahoma STACK Assets
July 6, 2017
Payne Exploration has retained Energy Capital Solutions, LLC to sell Payne’s assets located primarily in Kingfisher and Logan Counties, Oklahoma in the STACK trend. This asset package is comprised of 8,840 net acres, which is 99 percent held by production.
Canada Pension Plan Investment Board, Encino Form New Entity to Acquire Oil and Gas Assets in U.S.
July 5, 2017
Canada Pension Plan Investment Board (CPPIB) and Encino Energy have joined forces to form Encino Acquisition Partners (EAP) to focus on the acquisition of oil and gas assets in the US. CPPIB will provide up to $1bn and Encino has
Freedom Oil & Gas Finalizes Drilling of Its Second Horizontal Eagle Ford Shale Well, Texas
July 5, 2017
Freedom Oil and Gas has announced the successful drilling of its second well, the Wilson BE #2, on its Dimmit County, Texas acreage. This well, like the first, targeted the Eagle Ford Shale and has a lateral length of approximately
Carrizo to Acquire ExL’s Delaware Basin Assets for $648 Million
July 5, 2017
Carrizo Oil & Gas has signed an agreement to acquire Delaware Basin assets from Quantum Energy Partners portfolio firm ExL Petroleum Management for around $648m. Under the deal, Carrizo will purchase 23,656 gross acres situated in the core of the
Alaska Gasline Development Sign MOU with KOGAS for LNG Project Development, Alaska
July 5, 2017
The Alaska Gasline Development Corporation (AGDC) and the Korea Gas Corporation (KOGAS) have agreed to cooperate on developing a liquefied natural gas (LNG) project in Alaska. Under a memorandum of understanding (MOU) inked by the parties, the cooperation will include
GE Completes Merger of Oil and Gas Business with Baker Hughes in $32 Billion Deal
July 5, 2017
GE has completed the merging of its oil and gas business with Baker Hughes, which resulted in the formation of a new $32bn company with operations in over 120 countries. Through combining digital solutions and technology from the GE Store,
Sumitomo Acquires Amec Foster Wheeler’s CFB Boiler Business for $170 Million
June 29, 2017
Sumitomo Heavy Industries has completed the acquisition of circulating fluidized bed (CFB) boiler business from Amec Foster Wheeler for around $170m. Amec, which has divested the assets as part its transformation program, will used the proceeds from the deal to
TPG Growth to Acquire Dallas-based Discovery Midstream
June 29, 2017
TPG Growth has agreed to acquire US-based oil and natural gas gathering and natural gas processing services provider, Discovery Midstream, for an undisclosed sum. Based in Dallas, Discovery offers oil and natural gas gathering and natural gas processing services in
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