Oil and gas industry news

US midstream company Williams said that its Devils Tower Spar platform will offer offshore natural gas and oil gathering and production handling services to LLOG Exploration Offshore’s Taggart development under a new tieback agreement signed by the parties. The Devils Tower Spar platform is located in the Mississippi Canyon area of the Gulf of Mexico, […]

Australian energy company Santos has signed a new gas supply agreement with South African gold miner Gold Fields for its three gold mines located in Western Australia. As per the agreement, Santos will supply approximately 5.5 petajoules of natural gas from its Varanus Island gas plant to Gold Fields for a period of three years, […]

Apergy, a Texan oilfield equipment company, has wrapped up its $4.4 billion acquisition of the upstream energy operations of Ecolab’s subsidiary Nalco Champion to create a new combined company called ChampionX. As part of the terms of the deal signed in late 2019, Apergy has assumed the upstream energy unit’s net debt of around $492 […]

Qatar Petroleum has signed a farm-in deal with French oil and gas giant Total to acquire a 45% participating stake from the latter in blocks CI-705 and CI-706 in the Ivorian-Tano basin in the waters of Côte d’Ivoire. Spread over nearly 3,200 square kilometers, the two blocks are said to offer multi-target hydrocarbon prospects in […]

French oil and gas giant Total has scrapped its plans to acquire the Ghanaian assets of Occidental Petroleum as part of a larger deal signed in August 2019. As per the deal, Total under a purchase and sale agreement (PSA) was to acquire the assets of Anadarko Petroleum in Africa with the latter merged into […]

Renewable methane plant : The Australian Renewable Energy Agency (ARENA) has announced a funding of AUD 1.1 million to natural gas transmission company APA Group to construct a modular renewable methane production demonstration plant at its Wallumbilla Gas hub located near Roma in Queensland. The ‘power to gas’ demonstration plant will generate nearly 620kg of […]

Empire Texas, a subsidiary of Tulsa-based oil and gas company Empire Petroleum, has acquired oil and gas producing assets across the Madison, Houston, and Leon Counties in Texas and associated midstream assets from Pardus Oil & Gas and Pardus Oil & Gas Operating GP. Financial terms of the deal were not disclosed. The producing assets […]

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 […]

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 […]

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: […]