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3M to Sell Its Gas and Flame Detection Business to Teledyne Technologies for $230 Million
June 7, 2019
3M announced today it has received a binding offer from Teledyne Technologies Incorporated, to purchase 3M’s gas and flame detection business for $230 million, subject to closing and other adjustments. Teledyne is a leading provider of sophisticated instrumentation, digital imaging
TECO Peoples Gas Joins Partnership to Build Callahan Pipeline, Florida
June 7, 2019
TECO Peoples Gas, Florida’s largest natural gas distribution utility, has joined with Florida Public Utilities Co. (FPU) to expand natural gas service in the growing Jacksonville market. Peoples Gas’s affiliate, SeaCoast Gas Transmission, and FPU affiliate Peninsula Pipeline Co. Inc.
Howard Energy to Build New Natural Gas Gathering System in Oklahoma’s STACK Play
June 7, 2019
Howard Energy Partners (HEP) has executed an agreement with a major North American oil and gas producer to construct, own and operate a new natural gas gathering system located in the over-pressured area of the prolific STACK play. HEP’s new
Sentinel Midstream Seeks License to Build Texas GulfLink Oil Export Terminal
June 6, 2019
Sentinel Midstream, a portfolio company of Cresta Energy Capital, is seeking approval to construct and operate a deepwater crude oil export facility, dubbed as Texas GulfLink, in Texas, US. As part of this effort, the firm has submitted a license
BP Approves Thunder Horse South Expansion Phase 2, Gulf of Mexico
June 6, 2019
BP has sanctioned development of the Thunder Horse South Expansion Phase 2 project in the deepwater Gulf of Mexico (GOM), a move the company hopes will further boost output at one of the largest fields in the area. The project
Venture Global Secures $1.3 Billion to Advance Calcasieu Pass LNG Export Terminal, Louisiana
June 6, 2019
Venture Global LNG has secured an equity investment of $1.3 billion (£1.03 billion) from Stonepeak Infrastructure Partners for its $4.5 billion (£3.56 billion) Calcasieu Pass LNG project to be built in Cameron Parish, Louisiana. The LNG export facility, which will
American Petroleum Institute Releases Guide for Drones in Oil and Gas
June 6, 2019
The American Petroleum Institute (API) announced the publication of a new guide for using unmanned aerial systems (UAS), or drones, in oil and gas operations as part of its effort to further promote worker and operational safety. “Safety is always
Two Crude Oil Pipeline Projects Extend Open Season, Texas
June 4, 2019
Two crude oil pipeline projects are extending open seasons to book capacity along their routes. Midland pipeline operator Oryx Midstream Services announced on Friday that the company the company will now be booking capacity along its Oryx Delaware Oil Transport
BP and ExxonMobil to Invest $20 Million to Advance Alaska LNG Project
June 4, 2019
The Dunleavy administration has announced that BP and ExxonMobil are ready to invest in the Alaska gasline project again. At the Alaska Oil and Gas Association Conference, Lt. Gov. Kevin Meyer announced that the two companies will put in $20
Wyoming Joins Effort to Pursue Markets for Natural Gas Exports
June 4, 2019
An effort to pursue international markets for natural gas produced in western Colorado and Utah has gained more heft as Wyoming has joined in the undertaking. The Wyoming Pipeline Authority is now a party to the Western States and Tribal
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