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Empire Petroleum Acquires Cardinal’s Oil and Gas Assets, Louisiana
October 15, 2018
Empire Petroleum said that its wholly owned subsidiary Empire Louisiana has acquired operated producing oil and gas assets located in St. Landry and Beauregard Parishes in Louisiana. The assets were acquired from Cardinal Exploration and Production Company and Exodus Energy,
Forum Energy Acquires Houston Global Heat Transfer
October 12, 2018
Forum Energy Technologies has acquired Houston Global Heat Transfer (GHT) from oilfield services focused private equity fund Pelican Energy Partners and GHT management. Based in Houston, Texas, GHT designs, engineers, and manufactures premium industrial heat exchanger and cooling systems used
Petrobras and Murphy Oil Set Up JV for Gulf of Mexico Production Assets
October 12, 2018
Brazil’s state-owned oil company Petrobras has announced the formation of a joint venture with Murphy Oil for their producing oil and gas assets in the Gulf of Mexico. The agreement has been signed by Petrobras’ subsidiary Petrobras America and Murphy
Pemex Discovers Significant Oil Reserves in Gulf of Mexico
October 12, 2018
Pemex has confirmed the discovery of seven oil reservoirs in two new wells in the shallow waters of the Southeast Basin, Mexico. The new discoveries will enable Pemex to incorporate more than 180 million barrels of oil equivalent (MMBOE) of
TransCanada Commissions Phase One of $900 Million WB Xpress Pipeline in U.S.
October 11, 2018
TransCanada has commissioned the western segment of its $900m WB Xpress pipeline project, a natural gas pipeline in Virginia and West Virginia. The western build of the WB Xpress pipeline will move nearly 760 million cubic feet of natural gas
Scottish Energy Services Company Wood Secures $250 Million Midstream Contracts in U.S.
October 11, 2018
Wood has recorded combined revenue of $250m of new midstream sector work so far, delivering construction, fabrication, engineering and operations and maintenance (O&M) services for a range of pipeline services, shale facilities, heavy civils, infrastructure and onshore engineering projects. Wood’s
Tokyo Gas to Buy LNG from LNG Canada Project
October 11, 2018
Tokyo Gas has signed a heads of agreement (HOA) for the supply of LNG from LNG Canada Project with Diamond Gas International, a fully-owned subsidiary of Mitsubishi. By signing this agreement, Tokyo Gas is contributing to the start-up of the
Mountain Valley Pipeline Revises Cost Estimate
October 10, 2018
Mountain Valley Pipeline, LLC, has increased its overall project cost estimate to $4.6 billion. Approximately half of the cost increase is due to extended periods of work stoppage during August that triggered ongoing contractual charges and schedule changes – with
Kinder Morgan Launches Binding Open Season for Additional Capacity on Plantation Pipe Line System
October 9, 2018
Kinder Morgan, Inc. has started a binding open season to solicit commitments for the Roanoke Expansion project on the Plantation Pipe Line System. The Roanoke Expansion will provide for approximately 21,000 barrels per day (bpd) of incremental refined petroleum products
Babcock & Wilcox to Relocate Headquarters to Akron, Ohio
October 9, 2018
Babcock & Wilcox Enterprises, Inc. has reached an agreement with joint venture developers Industrial Commercial Properties LLC (ICP) and Industrial Realty Group, LLC (IRG) to lease new office space in the renovated East End development in Akron, Ohio, and that
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