EPP plans third gas plant for Delaware basin

Enterprise Products Partners LP (EPP), Houston, plans to further expand its gas processing capacity and associated systems in the Delaware basin of West Texas and southeastern New Mexico to take advantage of growing production of NGL-rich natural gas in the region. Source: News


Contract let for Zohr field subsea systems

Belayim Petroleum Co. (Petrobel) has let a contract worth more than $170 million to OneSubsea covering subsea production systems for the first phase of development of deepwater Zohr natural gas field off Egypt. Source: News


Cidade de Caraguatatuba FPSO arrives in Lapa field offshore Brazil

The Cidade de Caraguatatuba floating production, storage, and offloading vessel has arrived in Petroleo Brasilierio SA-operated Lapa field in the Santos basin presalt, where the unit’s production system is slated to start up in August. Source: News


Triangle Energy to buy Cliff Head interest from AWE

Triangle Energy (Global) Ltd., Perth, has emerged as the buyer of AWE Ltd.’d 57.5% working interest in the producing Cliff Head oil field in the offshore North Perth basin of Western Australia. Source: News


Marathon Oil to buy STACK-focused firm for $888 million

Marathon Oil Corp., Houston, has agreed to acquire PayRock Energy Holdings LLC, an Oklahoma City-based portfolio company of EnCap Investments LP, for $888 million. The deal, to be funded with cash-on-hand, is expected to close in the third quarter. Source: News