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Equinor Acquires Shell’s Stake in Caesar-Tonga Asset for $965 Million, Gulf of Mexico
August 1, 2019
The Caesar-Tonga field, located in the US Gulf of Mexico, is operated by Anadarko Petroleum, with a stake of a 33.75 percent. Shell Offshore, a subsidiary of Royal Dutch Shell, has completed the sale of 22.45 percent non-operated interest in
DCP Midstream to Expand Its DJ Basin Natural Gas Processing Capacity
August 1, 2019
DCP Midstream announced that it has signed a long-term agreement with Western Midstream Partners, that will provide DCP with up to 225 million cubic feet per day of incremental processing capacity at Western’s DJ Basin gas processing complex, which includes
Osaka Gas to Acquire Texas-based Sabine Oil & Gas
August 1, 2019
The acquisition of Sabine Oil & Gas by Osaka Gas marks the first instance of a Japanese company buying a US-based shale gas developer. Japanese gas company Osaka Gas has agreed to acquire US oil and gas developer Sabine Oil
Harvest Oil & Gas to Divest Its Barnett Shale Assets for $72 Million
August 1, 2019
Subject to approval by its Board of Directors, Harvest plans to use net proceeds from the sale to return capital to its shareholders. Harvest Oil & Gas announced that it has entered into a definitive agreement to sell substantially all
Greene Tweed Partners with Canadian Firm for Distribution of Energy Industry Materials and Products
July 31, 2019
Greene Tweed will partner with A.R. Thomson Group for the sale and distribution of their Seal-Connect® electrical connectors, elastomeric seals, advanced engineering plastics, and composite materials, and finished components for the energy market. A.R. Thomson is a regional manufacturer and
Zekelman Industries to Build Largest Continuous ERW Tube Mill in Blytheville, Arkansas
July 31, 2019
Zekelman Industries will build the world’s largest continuous ERW tube mill in Blytheville, Arkansas, on property adjacent to its existing Atlas Tube mill. The mill will be capable of producing sections as large as 28” OD x 1” wall. The
Enterprise and Chevron Execute Crude Oil Transportation, Storage, Marine Terminaling Agreements
July 31, 2019
Enterprise Products Partners and Chevron have executed long-term agreements for crude oil transportation, storage, and marine terminaling services. This suite of agreements, together with other customer agreements, support expansion of Enterprise’s crude oil system from the Permian Basin to Enterprise’s
Laredo Makes Great Strides Completing Long Horizontal Wells at Eagle Ford Development Program
July 31, 2019
Laredo Energy has completed nine new wells in the dry gas window of the Lower Eagle Ford Shale and drilled five wells that are now waiting on completion. All recent wells are part of the company’s transition to a Lower
Kinder Morgan’s $1.75 Billion Permian Basin-to-Gulf Pipeline Ahead of Schedule
July 30, 2019
The $1.75 billion pipeline that will pump up to 2 billion cubic feet of natural gas a day to the Coastal Bend from the energy-rich Permian Basin is running ahead of schedule and could be operational by mid-September, the project
Appeals Court Vacates Dominion’s Key Atlantic Coast Pipeline Permit
July 30, 2019
A U.S. appeals court has tossed a key federal permit for the Atlantic Coast Pipeline that deals with impacts on threatened or endangered species. A panel of the Richmond-based 4th U.S. Circuit Court of Appeals on Friday vacated the permit
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