Karoon revises Echidna, Kangaroo oil reserves

Karoon Gas Australia Ltd., Melbourne, has issued revised estimates for contingent resources in its Echidna and Kangaroo oil fields in the Santos basin offshore Brazil. Source: News


Energy associations oppose electric utility’s plea for federal help

A coalition of six national energy trade associations, including three from the oil and gas industry, submitted a legal analysis to the US Department of Energy opposing federal use of emergency authority to provide a long-term subsidy for aging and uneconomic electric power plants that would otherwise retire.  Source: News


Enbridge to sell US midstream business for $1.12 billion

Enbridge (US) Inc., an indirect subsidiary of Enbridge Inc., has agreed to sell Midcoast Operating LP and its subsidiaries to AL Midcoast Holdings LLC, an affiliate of ArcLight Capital Partners LLC, for $1.12 billion in cash. Source: News


Mubadala Petroleum to drill wells in Manora oil field off Thailand

Operator Mubadala Petroleum and its partners have approved a four-well drilling program in Manora oil field in the Gulf of Thailand to be drilled by the Ensco 115 jack up starting around May 16, said partner Tap Oil Ltd. of Perth.  Source: News


Anadarko lets contract for Lucius field in gulf

Anadarko Petroleum Corp. has let a contract to McDermott International Inc. for subsea umbilical and flowline installation in support of a tieback to Anadarko-operated Lucius field in the Gulf of Mexico.  Source: News