Gazprom is placing onstream the third production facility at giant Bovanenkovskoye gas and condensate field in the Yamal Peninsula of northwestern Siberia. The facility will allow the field to produce as much as 115 billion cu m/year. Source: News

Hengyuan Refining Co. Bhd.—a subsidiary of Shandong Hengyuan Petrochemical Co.’s wholly owned Malaysia Hengyuan International—is moving forward with its Clean Air Regulation project to be executed within HRC’s 156,000-b/d refining complex in Port Dickson, Negeri Sembilan, Malaysia. Source: News

US crude oil inventories, excluding the Strategic Petroleum Reserve, decreased by 4.3 million bbl for the week ended Aug. 31, according to data from the US Energy Information Administration. Source: News

McDermott International has finished laying pipe for Woodside Petroleum Inc.’s Greater Western Flank Phase 2 project offshore Western Australia from the Goodwyn A platform to manifold locations for Lady Nora and Pemberton fields. Phase 2 gas production is expected by Dec. 31. Source: News

EagleClaw Midstream, Midland, Tex., has agreed to acquire Caprock Midstream Holdings from Energy Spectrum Capital and Caprock Midstream management for $950 million plus preclosing adjustments. The deal expands EagleClaw beyond natural gas gathering and processing-related services into crude and water-related services in the Permian’s Delaware basin. Source: News

Methanex Corp., Vancouver, BC, has let a contract to Johnson Matthey PLC to license its proprietary autothermal reforming (ATR) and methanol technology for a 5,000-tonne/day methanol plant to be built adjacent to Methanex’s existing methanol plants in Geismar, La. Source: News

ExxonMobil Corp. has signed a cooperation framework agreement with the government of China’s Guangdong Province to advance discussions concerning proposed construction of a grassroots chemical complex in the Huizhou Dayawan Petrochemical Industrial Park. Source: News

Kinder Morgan Texas Pipeline LLC (KMTP), a subsidiary of Kinder Morgan Inc., and EagleClaw Midstream Ventures LLC, a portfolio company of Blackstone Energy Partners, reached a final investment decision to proceed with the Permian Highway Pipeline (PHP) Project. Source: News

The light, sweet crude oil contract for October fell by more than $1/bbl on the New York market Sept. 5, which analysts attributed to Tropical Storm Gordon’s path through the Gulf of Mexico having little ill effect on the US oil and gas industry. Source: News

Consistently higher oil prices and greater cost–efficiency in offshore projects are driving increased demand for offshore drilling rigs through 2020, particularly for deepwater projects, according to recent analysis from IHS Markit. Source: News