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Embassy of Things Delivers Cost Reductions to Upstream and Midstream Operation Centers
June 2, 2021
Embassy of Things, Inc. (EOT) has released the AI Edge Controller which enables the use of trained machine learning models to perform real-time predictions and anomaly detection at the edge of operation centers and uses closed-loop, event-response operational action to
Nuclear Regulatory Commission Approval Received for AVANGRID Merger With PNM Resources
June 2, 2021
AVANGRID said it has received Nuclear Regulatory Commission (NRC) approval for its proposed PNM Resources merger. NRC approval represents the sixth governmental approval. The only remaining approval is from the New Mexico Public Regulation Commission (NMPRC). The other governmental entities
Aspen Technology Software to Help Improve Operations and Supply Chain Alignment for Shell
June 2, 2021
Aspen Technology said Shell Catalysts & Technologies is implementing Aspen Schedule Explorer™ software in multiple plants throughout North America and Europe. The supply chain management solution will improve coordination, communication and visibility for operations and supply chain personnel, which will
Medallion Pipeline Launches Non-Binding Open Season for Capacity on Leased Capacity on EPIC Pipeline
June 1, 2021
Medallion Pipeline Company has launched a non-binding open season for its capacity that is leased on EPIC Crude Pipeline’s crude oil pipeline system. The open season will start May 24, 2021 at 9:00 a.m. central daylight time and will close
XRI Acquires Hibernia’s Water Infrastructure Assets in Permian Basin
June 1, 2021
XRI Holdings has acquired the produced water infrastructure assets of Hibernia Energy III through its wholly-owned subsidiary, Celtic Disposal. Through this transaction, XRI will become the long-term provider to Hibernia of all water-related services to Hibernia, including delivery of completions
BHE Compression Services’ CleanMachine™ Achieves Project Canary’s Certification for Midstream Equip.
June 1, 2021
BHE Compression Services and Project Canary said the CleanMachine™ compressor package has received the first-ever equipment-specific TrustWell™ Responsibly Sourced Gas certification for midstream equipment. The TrustWell™ certification has long been the recognized standard for operational excellence and environmental stewardship in
Tellurian and Gunvor Sign 10-year LNG Agreement
June 1, 2021
Tellurian and Gunvor Singapore Pte Ltd (Gunvor) enter into a liquefied natural gas (LNG) sales and purchase agreement (SPA) for three million tonnes per annum (mtpa) for a ten year period, indexed to a combination of two indices; the Japan
Oasis Petroleum to Acquire Diamondback Energy’s Bakken Asset in $745 Million Deal
May 28, 2021
Oasis Petrolem has entered into a definitive agreement to acquire select Williston Basin assets from Diamondback Energy in a cash transaction valued at approximately $745 million, subject to customary purchase price adjustments. The consideration is expected to be financed through
Diversified Gas & Oil to Acquire Certain Upstream Assets from Indigo Minerals for $125 Million
May 28, 2021
Diversified Gas & Oil has conditionally agreed to acquire certain upstream assets and associated facilities in the Cotton Valley, from Indigo Minerals for $135 million. The acquisition includes producing areas located within the Cotton Valley/Haynesville producing area of northwest Louisiana
Offshore Technology Conference and NAPE Join Forces for “Synergy in Energy” Event in August
May 28, 2021
The Offshore Technology Conference (OTC) and NAPE Summit have traditionally ranked among the leading annual energy conferences. This year organizers of the events are taking the unprecedented step of offering access to both events, which will take place in Houston
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