Enterprise Products Partners has executed definitive agreements to sell its offshore Gulf of Mexico pipelines and services business, which primarily consists of its Offshore Pipelines & Services business segment to Genesis Energy for approximately $1.5 billion in cash. The transaction is expected to
VBMS has been awarded a contract by Jersey Electricity for the installation of an interconnector between Jersey, the largest Channel Island, and France. The 28-kilometre 90kV HVAC cable, part of Channel Island Electricity Grid (CIEG), will connect both grids in order to improve the electricity suppl
Engie, formerly GDF Suez said it has concluded a memorandum of understanding with Pemex to explore the development of LNG projects on the Pacific coast of Mexico.
Engie, formerly GDF Suez said it has concluded a memorandum of understanding with Pemex to explore the development of LNG projects on the Pacific coast of Mexico.
Petsec Energy, an independent oil and gas exploration and production company, informed Thursday that drilling started on July 15, 2015 on the Main Pass Block 270 #3 well in the Gulf of Mexico. The exploratory well is being drilled in federal offshore waters on Petsec’s Hummer prospect, located appro
Harkand’s key shareholder Oaktree Capital Management has invested an additional $25 million which should allow the company to expand its footprint in new and existing regions. The IMR specialist has recently been awarded three major frame agreements taking them into West Africa and Mexico for the fi
Lundin Norway AS has completed the installation of the topside modules on the Edvard Grieg field, offshore Norway. To remind, the topside modules recently sailed away heading to the North Sea offshore Norway where the Edvard Grieg field is located. Lundin said Thursday that the Edvard Grieg topside
Kinder Morgan and Shell informed that they have reached an agreement for Kinder Morgan to purchase 100 percent of Shell’s equity interest in the Elba liquefaction project, which is proposed to be constructed and operated at the existing Elba Island LNG terminal near Savannah, Georgia.
Kinder Morgan and Shell informed that they have reached an agreement for Kinder Morgan to purchase 100 percent of Shell’s equity interest in the Elba liquefaction project, which is proposed to be constructed and operated at the existing Elba Island LNG terminal near Savannah, Georgia.
Stats Group said it has bean awarded a 10-year Emergency Pipeline Repair System job worth in excess of $10 million by a major LNG operator in the Middle East.
Stats Group said it has bean awarded a 10-year Emergency Pipeline Repair System job worth in excess of $10 million by a major LNG operator in the Middle East.
Subsea 7 informed that it has signed an agreement to form an alliance with Houston-based LNG engineer KBR and its unit Granherne to collaborate in the delivery of concept and front end engineering and design services to the global offshore oil and gas industry.
Subsea 7 informed that it has signed an agreement to form an alliance with Houston-based LNG engineer KBR and its unit Granherne to collaborate in the delivery of concept and front end engineering and design services to the global offshore oil and gas industry.
Aker Solutions’ subsea business is currently in play for over NOK 30 billion in potential awards, while the whole group is engaged with tenders worth over NOK 50 billion and looking at twice this value in terms of opportunities, the company said in today’s Q2 presentation. However, Luis Araujo, Chie
