Enterprise holds open season for West Texas crude line expansion

Enterprise Products Partners LP is holding a binding open season for expansion capacity on its Enterprise Crude Pipeline LLC (ECPL) West Texas System, which transports oil from points in New Mexico to the company’s terminal in Midland, Tex. Source: News


Shell lets hull, topsides contract for Vito FPU

Shell Offshore Inc. has let a contract to Sembcorp Marine Rigs & Floaters Pte. Ltd., a wholly owned subsidiary of Sembcorp Marine Ltd., to construct and integrate the hull, topsides, and living quarters of the Vito semisubmersible floating production unit (FPU) in the Gulf of Mexico. Source: News


Zinia 2 development offshore Angola approved

Total SA reported the final investment decision for deepwater Zinia 2 development on Angola Block 17 and said it has entered a risk-service agreement for exploration on Block 48.  Source: News


Contract let for Saudi unconventional gas

Saudi Aramco Pres. and Chief Executive Officer Amin H. Nasser called an “unconventional gas stimulation services contract” signed May 27 with Halliburton “the important next phase of achieving our gas expansion objectives.” Source: News


Bryksa named Crescent Point interim CEO

Craig Bryksa has been named interim president and chief executive officer of Crescent Point Energy Corp., Calgary, replacing Scott Saxberg, a company founder. Source: News


MARKET WATCH: Crude oil benchmarks tumble more than $2/bbl

Oil futures prices dipped more than $2/bbl on both London and New York markets on May 25 after the energy ministers of Saudi Arabia and Russia reportedly discussed easing production-cut targets during a meeting in St. Petersburg. Source: News


Watching Government: FERC’s Summer 2018 gas outlook

US natural gas production could break records this summer, along with demand for gas to generate electricity, the US Federal Energy Regulatory Commission’s staff suggested in its Summer 2018 Energy Market and Reliability Assessment on May 17. Source: News