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Stone Energy to Acquire Ram Powell Field in Gulf of Mexico
April 30, 2018
Stone Energy has agreed to acquire 100 percent working interest in the Ram Powell Unit, and related assets, from Shell Offshore, Exxon Mobil, and Anadarko US Offshore in the US Gulf of Mexico. Stone entered into an asset purchase agreement
Devon Energy to Sale a Portion of Its Barnett Shale Position for $553 Million
April 30, 2018
Devon Energy Corp. has entered into a definitive agreement to sell the southern portion of its Barnett Shale position for $553 million. The transaction is subject to customary terms and conditions and is expected to close in the second quarter
EthosEnergy Secures Multi-Million Dollar Contract at ExxonMobil’s Baytown Refinery, Texas
April 27, 2018
EthosEnergy has been awarded a multi-million dollar contract by ExxonMobil for work at their Baytown Refinery in Texas. The contract is for the supply of a new W251B8 gas turbine rotor. “We have provided extensive services to ExxonMobil giving them
Orion Energy Partners Expands Footprint with Opening of Houston Office
April 27, 2018
Orion Energy Partners, L.P. has opened its office in Houston, Texas. Orion Energy has been very active in the Gulf Coast over the last two years, having partnered with five companies headquartered in the region. The new office will augment
Enterprise Products Partners to Expand Marine Terminal on the Houston Ship Channel
April 27, 2018
Enterprise Products Partners L.P. has purchased a 65-acre waterfront site on the Houston Ship Channel that will serve as the next phase of expansion at the Enterprise Hydrocarbon Terminal (EHT). Located immediately to the east of EHT, the property features
Hydromax USA Acquires Miller Pipetech
April 26, 2018
Hydromax USA, LLC has closed on the definitive agreement to acquire the Technical Services division of Miller Pipetech. Miller Pipetech offers technical condition assessment and data collection services for underground utilities to customers throughout Pennsylvania, Ohio, New York, Michigan, and
Unit Corporation to Sell 50% Interest in Midstream Subsidiary Superior Pipeline for $300 Million
April 25, 2018
Unit Corporation has agreed to sell a fifty percent equity interest in its wholly owned subsidiary, Superior Pipeline Company for cash proceeds of $300 million. The purchaser, SP Investor Holdings, is jointly owned by OPTrust and funds managed and/or advised
Mountain Valley Pipeline Launches Binding Open Season for MVP Southgate Project, Va. and N.C.
April 25, 2018
Mountain Valley Pipeline has commenced the binding open season for the MVP Southgate project, in order to provide additional market participants an opportunity to subscribe to the project. EQT Midstream Partners, LP will be the operator of MVP Southgate, which
Mitsubishi Hitachi Power Systems Americas Launches New Power & Energy Solutions Business
April 25, 2018
Mitsubishi Hitachi Power Systems Americas (MHPS) has created a Power & Energy Solutions business focused on delivering customer solutions in the areas of digital power, energy storage, and low carbon power generation. MHPS Vice President Tom Cornell, an industry leader
Energy Transfer Partners Launches Binding Open Season for Diesel Fuel Pipeline to West Texas
April 25, 2018
Energy Transfer Partners’ subsidiary will launch a binding open season to solicit shipper commitments for transportation service of diesel fuel from Hebert, Texas to the Midland, Texas area. Subject to the results of this open season and receipt of all
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