Gas to liquids (GTL)
HP Construction: South America
Technip, in consortium with Tomé Engenharia, was awarded a lump-sum turnkey EPC contract by Petrobras for five new units at the Presidente Bernardes Refinery in Cubatão, state of São Pa..
Marathon Oil to buy $3.5 billion in Eagle Ford shale
Marathon Oil reached an agreement with Hilcorp Resources to purchase assets in the core of the Eagle Ford shale formation in Texas for $3.5 billion, subject to closing adjustments, customary terms and conditions.
Mustang awarded design contract from Hess for North Dakota natural gas expansion
Mustang has been awarded detailed design and procurement services by Hess Corp. for the expansion of its Tioga natural gas plant in the Bakken oil play in northwestern North Dakota.
Total joins ExxonMobil to explore Poland shale gas
US-based ExxonMobil and French oil major Total signed an agreement to explore shale gas in the Chelm and Werbkowice areas in Poland.
Southern Union, BG seek US approval to export LNG from Louisiana terminal
Two energy companies have applied for a US license to export liquefied natural gas (LNG) from their Lake Charles, La. import terminal.
Statoil withdraws from ownership in Swiss gas-to-liquids licensing venture
Statoil will withdraw from ownership and management roles with gas-to-liquids venture company GTL.F1, saying it does not see licensing of GTL technology as part of its core business.
BP/Davy select EPC firms CB&I, Jacobs and Shaw for Fischer Tropsch deployment
BP and Davy Process Technology announced collaborations with three EPC contractors to promote the commercialization of the BP/Davy Fischer Tropsch process.
Kinder Morgan buys $920mn in US shale assets, will build $220mn crude/condensate pipeline
Kinder Morgan Energy Partners (KMP) has agreed to pay approximately $855mn to Petrohawk Energy and assume approximately $65 million in debt for Petrohawk’s 50% interest in KinderHawk Field Services (the natural gas gathering and treating services provider in the Haynesville Shale) and a 25% interest in Petrohawk’s natural gas gathering and treating business in the Eagle Ford Shale.
New NGL fractionation facility to be built in Mont Belvieu, Texas
Energy Transfer Partners (ETP) and Regency Energy Partners will construct a 100,000 bpd natural gas liquids (NGL) fractionation facility at Mont Belvieu, Texas, through their Lone Star NGL joint venture.
El Paso Corp. to expand natural gas system
El Paso Corp. said that its subsidiary, El Paso Natural Gas Company (EPNG), has successfully closed companion open seasons and signed long-term agreements to expand its system.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Chinese refiners buy oil from storage, raise output with fresh import quota 12/5
- U.S. okays transactions with Lukoil gas stations outside Russia through late April 12/5
- Honeywell to supply integrated automation systems for flagship UK carbon capture projects 12/4
- Aduro Clean Technologies collaborates with ECOCE to advance plastics recycling in Mexico 12/4
