oilandgasnews365 reporter
122 posts
TC Energy’s NGTL to acquire Pioneer Pipeline from Tidewater and TransAlta
NGTL acquisition of Pioneer Pipeline : NOVA Gas Transmission Limited (NGTL), a fully-owned subsidiary of TC Energy is set to acquire the Pioneer Pipeline, a 131km long natural gas pipeline in Alberta, Canada for CAD255 million ($183.45 million). In this connection, NGTL has signed a letter of intent with Tidewater Midstream and Infrastructure and TransAlta […]
March 14, 2020
Rio Grande LNG export project : NextDecade gets DOE’s non-FTA export authorization
Rio Grande LNG export project : NextDecade Corporation has secured authorization from the US Department of Energy (DOE) for export of liquefied natural gas (LNG) from its Rio Grande LNG facility to non-free trade agreement (non-FTA) nations. Along with a previously issued free trade agreement (FTA) order in August 2016, NextDecade now has the right […]
February 11, 2020
Eco-Energy nears completion on ethanol distribution terminal in Phoenix
Eco-Energy, a biofuel supply chain company, said that it has moved into the final stage of construction on its ethanol distribution terminal in Phoenix, Arizona. The terminal will be tenth ethanol distribution facility for Eco-Energy and is slated to begin operations in the third quarter of this year. Chad Conn – VP-Distribution at Eco-Energy said: […]
February 10, 2020
RockRose Energy to own Cotton gas field by acquiring Speedwell Energy
RockRose Energy has signed a sales and purchase agreement (SPA) to acquire 100% of Speedwell Energy, which owns 100% interest in the Cotton gas field in the UK North Sea. Located in the Southern North Sea, the Cotton field, which was formerly called Carna gas field, is situated 100km east of Scarborough between the Kilmar and […]
February 5, 2020
Stork Worley JV wins contract for Neptune’s Dutch assets in North Sea
Fluor said that Neptune Energy has given a four-year framework agreement to its Stork Worley Integrated Solutions joint venture pertaining to a brownfield modification for its Dutch assets in the North Sea. Under the contract, Stork Worley Integrated Solutions will deliver engineering, procurement, construction, installation and commissioning, and decommissioning services. Fluor said that it will book […]
January 27, 2020
Neptune Energy acquires 20% stake in East Sepinggan area in Indonesia
UK-based Neptune Energy has completed its previously announced acquisition of 20% stake in the East Sepinggan area offshore Indonesia from Eni for an undisclosed sum. The East Sepinggan area contains the Merakes development and Merakes East discovery, located offshore East Kalimantan. The deal, which was signed in July 2019, also involved the acquisition of a […]
January 4, 2020
Enbridge Gas commissions Kingsville Transmission Reinforcement Pipeline
Enbridge Gas, a Canadian natural gas storage, transmission and distribution company, has commissioned the CAD105.7 million ($80.79 million) Kingsville Transmission Reinforcement Pipeline in Essex County, Ontario. The pipeline project was taken up to meet the increasing demand for natural gas in Southwestern Ontario, covering the Windsor-Essex and Chatham-Kent and neighboring areas that include the greenhouse […]
December 29, 2019
Pyxis Hub Project : Woodside takes FID on offshore gas project in Australia
Woodside Energy has confirmed taking a final investment decision (FID) for the Pyxis Hub Project in production license WA-34-L, contained within the Greater Pluto field area in the offshore Carnarvon Basin in North West Australia. The Pyxis Hub Project, which is aimed to be brought into production in 2021, will be a subsea tieback of the […]
December 14, 2019
Cypre project : Aker Solutions wins contract for BP’s gas project in T&T
Norwegian engineering company Aker Solutions has bagged a contract to support the development of BP’s 100% owned Cypre project located offshore Trinidad and Tobago (T&T). The Cypre gas project involves the development of the Macadamia gas discovery made in June 2017 by BP. Under the contract, Aker Solutions will be responsible for providing front-end engineering […]
December 11, 2019
Vår Energi wraps up $4.5bn acquisition of ExxonMobil’s Norwegian upstream assets
Vår Energi celebrated its first anniversary by wrapping up its previously announced $4.5 billion acquisition of the non-operated upstream assets of ExxonMobil in the Norwegian North Sea and the Norwegian Sea. The Norwegian oil and gas company, which is owned by Eni (69.6%) and HitecVision (30.4%), has doubled its production from the Norwegian Continental Shelf […]
December 11, 2019