White Star to add 49,000 acres in Midcontinent in three deals

White Star Petroleum LLC, Oklahoma City, has acquired 30,500 net acres in the Midcontinent region in two separate deals with Double Eagle Energy Oklahoma LLC, a unit of Fort Worth-based Double Eagle Development LLC, and the equity holders of Oklahoma City-based Lighthouse Oil & Gas LP. Source: News


Marathon Oil agrees to second northern Delaware buy this month

Marathon Oil Corp., Houston, has agreed to acquire 21,000 net surface acres primarily in the Permian’s northern Delaware basin of New Mexico from Black Mountain Oil & Gas LLC, Fort Worth, and other private sellers for $700 million in cash, excluding closing adjustments. Source: News


Hoegh ponders Australia for LNG deliveries

Norwegian LNG transport and floating LNG terminal operator Hoegh LNG AS—in what was considered by many as a surprise development—is reported as adding Australia to its list of potential destinations. Source: News


Saudi Arabia leads MENA investment plans

Saudi Arabia leads countries of the Middle East and North Africa (MENA) in future energy investment, according to a study by Arab Petroleum Investments Corp., Dammam, (APICORP). Source: News


India’s HPCL lets contract for Visakh refinery

Hindustan Petroleum Corp. Ltd. (HPCL) has let a contract to Honeywell International Inc. subsidiary Honeywell UOP LLC, Des Plaines, Ill., to deliver technology licensing and design for process units to be added as part of HPCL’s previously announced project to expand and modernize the 8.3 million-tonne/year Vishakhapatnam (Visakh) refinery in Andhra Pradesh, on the country’s […]