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Enbridge, Marathon to Acquire 37% Stake in Bakken Pipeline System for $2 Billion
August 5, 2016
MarEn Bakken Company has signed an agreement with Energy Transfer Partners and Sunoco Logistics Partners to acquire 36.75 percent interest in the Bakken Pipeline Project in the US for $2bn. MarEn Bakken is a joint venture between Enbridge Energy Partners
Honeywell to Provide Process Automation Systems for LNG facility in Canada
August 5, 2016
Honeywell Process Solutions (HPS) will provide full automation and safety systems and serve as integrated main automation contractor (I-MAC) for a new liquefied natural gas (LNG) facility being built in Eastern Canada to process North American natural gas for international
Shell Makes Deepwater Oil Discovery at Fort Sumter Well, Offshore New Orleans
August 5, 2016
Shell has made new deepwater oil discovery in Fort Sumter well in the US Gulf of Mexico, further strengthening its position in the segment. Located approximately 117km offshore southeast of New Orleans in a water depth of 7,062ft, the Fort
Plains All American Pipeline, Phillips 66 Partners Form STACK Pipeline JV, Outline Expansion Plans
August 4, 2016
Plains All American Pipeline, L.P. and Phillips 66 Partners LP have formed STACK Pipeline LLC (JV), a 50/50 limited liability company to own and operate a common carrier pipeline that transports crude oil from the Sooner Trend, Anadarko Basin, Canadian
Enbridge and Marathon Petroleum Acquire Stake in Bakken Pipeline Project
August 4, 2016
Energy Transfer Partners, L.P. and Sunoco Logistics Partners L.P. have signed an agreement to sell 36.75 percent of the Bakken Pipeline Project, which includes the Dakota Access pipeline and the Energy Transfer Crude Oil pipeline, to MarEn Bakken Company LLC,
Enterprise and Occidental Petroleum Begin Service at Delaware Basin Gas Processing Facility, Texas
August 4, 2016
Enterprise Products Partners L.P. have begun operations at a new cryogenic natural gas processing plant in Reeves County, Texas jointly developed with an affiliate of Occidental Petroleum Corporation. The plant is owned by Delaware Basin Gas Processing LLC (DBGP), a
Clayton Williams Energy Outlines Development and Operations Plans
August 4, 2016
Clayton Williams Energy, Inc. has provided an update on 2016 development plans and operations. The company is focused on the development of its 65,000 net acre position in the southern Delaware Basin. To date this year, the company has drilled
EQT Foundation Awards More Than $1.3 Million During First Half of 2016
August 4, 2016
The EQT Foundation has awarded grants during the first and second quarters of 2016 totaling more than $1.3 million to approximately 43 non-profit organizations located in Pennsylvania, West Virginia and Kentucky. The funding assists programs and organizations focused on education,
Energy Transfer, Sunoco Logistics, Phillips 66 Complete Project Financing for Bakken Pipeline
August 3, 2016
Energy Transfer Partners, L.P. (ETP), Sunoco Logistics Partners L.P. and Phillips 66 have successfully completed the project-level financing of the Dakota Access Pipeline (DAPL) and Energy Transfer Crude Oil Pipeline (ETCOP) projects (collectively the Bakken Pipeline). The $2.5 billion facility
Sapurakencana Petroleum Secures $113 Million Pipeline Contract in Mexico
August 3, 2016
SapuraKencana Petroleum Berhad’s (SapuraKencana) wholly-owned subsidiary company, SapuraKencana Mexicana has been awarded a contract with a value of approximately $113m. The contract is for the Procurement and Construction of a 36” X 18 KM Sour Gas Pipeline (KMZ – 76)
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