Tallgrass Pony Express Pipeline LLC will solicit shipper commitments for crude oil transportation service from the Guernsey, Wyo., origin point to refinery delivery points along the Pony Express system and to Cushing, Okla. Source: News
Sonangol lets contract for new refinery at Cabinda
State-owned Sonangol EP has let a contract for construction of a new refinery in Cabinda, Angola. Following an evaluation process started in 2017, Sonangol’s board of directors has approved the United Shine consortium to build the proposed Cabinda refinery, which will have a processing capacity of no more than 60,000 b/d, the operator said. […]
UK licensing round draws 36 applications
Operators submitted 36 applications for 164 frontier-area offshore blocks in the UK’s 31st Licensing Round, the Oil and Gas Authority reported. Blocks on offer cover more than 370,000 sq km in the Atlantic Margin, East Shetland Platform, Mid North Sea High, and English Channel. Source: News
IEA: WEO 2018 finds that energy destiny lies with government
Major transformations are under way for the global energy business and with more than 70% of energy investments projected to be driven by government, the world’s energy destiny lies with government decisions, according to the International Energy Agency’s World Energy Outlook 2018. Source: News
PNR enters pressure pumping deal with asset sale to ProPetro
Pioneer Natural Resources has agreed to sell its pressure pumping assets to ProPetro in a cash and stock deal worth $400 million. With the same agreement, ProPetro will provide pressure pumping and related services to PNR in the Permian basin for as long as 10 years. Following issuance of the shares, PNR will own about […]
Equitrans Midstream launches as standalone company
EQT Corp., Pittsburgh, completed the spin-off of Equitrans Midstream Corp., a company formed to hold EQT’s midstream business in the context of the separation of EQT’s upstream and midstream businesses, all in the Appalachian basin. Source: News
GAIL: Pipelay due on Barauni-Guwahati line
State-owned GAIL (India) Ltd. said pipe contracts recently awarded will allow construction to begin in December on a 453-mile natural gas pipeline between Barauni, Bihar, and Guwahati, Assam. The spur line is part of the 2,110-mile Jagdisphur-Haldia-Bokaro-Dhamra system under construction in northeastern India. Source: News
Alberta due sour gas processing plant
Tidewater Midstream & Infrastructure has let a contract to the Canadian subsidiary of WorleyParsons to build a sour gas processing plant near Grande Prairie, Alta. As part of the contract, WorleyParsonsCord will provide fabrication and construction services for Tidewater’s 100-MMcfd Pipestone sour, deep-cut gas plant with acid gas injection, which also will have the capability […]
HollyFrontier agrees to acquire Sonneborn
A unit of independent refiner HollyFrontier Corp., Dallas, has signed a definitive agreement to buy Sonneborn US Holdings Inc. and Sonneborn Cooperatief UA for $655 million, including working capital estimated at $72 million. Source: News
ADNOC awards Eni 25% of Ghasha Concession
Abu Dhabi National Oil Co. and the government of Abu Dhabi have awarded Eni a 25% stake in the Ghasha Concession, covering development of offshore Hail, Ghasha, and Dalma sour gas fields. The Arab basin fields are expected to produce more than 1.5 bcfd of gas and 120,000 b/d of oil and condensate when on stream […]