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Shell Invests in Water Injection at Its Vito Asset, U.S. Gulf of Mexico
August 15, 2024
Shell Offshore Inc., a subsidiary of Shell, has taken a final investment decision (FID) on a ‘waterflood’ project at its Vito asset in the U.S. Gulf of Mexico. Water will be injected into the reservoir formation to displace additional oil.
Ameresco to Build RNG Plant in Utah
August 15, 2024
Ameresco has been selected by Wasatch Integrated Waste Management District (WIWMD) to design, build, own, and operate a landfill gas to renewable natural gas (RNG) plant at the Davis Landfill in Layton, Utah. This project would be Ameresco’s second landfill
TotalEnergies Acquires West Burton Energy’s UK Gas-fired Power Plant for $575 Million
August 15, 2024
In line with its development as an integrated electricity player, TotalEnergies has signed an agreement with EIG for the acquisition of all the shares of West Burton Energy for an enterprise value of $575 million (£450 million). West Burton Energy
Flowserve to Acquire MOGAS Industries for $290 Million, Accelerates 3D Growth Strategy
August 14, 2024
Flowserve has signed a definitive agreement to acquire MOGAS Industries for $290 million with a potential $15 million earnout. The transaction is expected to close in the fourth quarter of 2024. “MOGAS is highly complementary to Flowserve’s current valve portfolio
Canada Pension Plan Invests $843 Million in Tallgrass Energy
August 14, 2024
Canada Pension Plan Investment Board has signed and closed a definitive agreement to invest approximately $843 million (C$1.2 billion) in Tallgrass Energy, a leading energy infrastructure company. Based in Denver, Colorado, Tallgrass is a leading infrastructure company operating a network
CNX Releases Its Radical Transparency Assessment Report from Its Continuous Air Emissions Monitoring
August 14, 2024
The initial results of nine months of continuous air emissions monitoring at natural gas well sites and compressor stations in southwestern Pennsylvania indicate that CNX natural gas development poses no public health risk. CNX Resources released the results in its
ADNOC Finalizes FID for Ruwais LNG Export Terminal, Awards $5.5 Billion EPC Contracts
August 14, 2024
Abu Dhabi National Oil Company (ADNOC) has taken the final investment decision (FID) for a new LNG export terminal in Al Ruwais, Abu Dhabi. The state-backed oil and gas company has also awarded a $5.5 billion (Dh$20.2 billion) engineering, procurement,
Tourmaline Oil to Acquire Crew Energy for $1.3 Billion
August 13, 2024
Tourmaline Oil has entered into a definitive arrangement agreement with Crew Energy to acquire all of the issued and outstanding common shares of Crew in exchange for 18.778 million Tourmaline common shares and the assumption of net debt of approximately
Chevron’s Begins Production at Anchor Project With Industry-First Deepwater Technology, GOM
August 13, 2024
Chevron Corporation said it started oil and natural gas production from the Anchor project in the deepwater U.S. Gulf of Mexico. Anchor production marks the successful delivery of high-pressure technology that is rated to safely operate at up to 20,000
Enservco Sells Colorado-based Assets to HP Oilfield Services for $1.7 Million
August 13, 2024
Enservco has sold to HP Oilfield Services certain Colorado based assets of Heat Waves Hot Oil Service, a wholly owned subsidiary of Enservco. Transaction consideration from HP was $1,695,000. “For more than a year, we have undergone a significant review
