Siemens AG has completed upgrades to high-voltage substations at Kuwait National Petroleum Co.’s Mina Abdullah and Mina Al Ahmadi refineries in southern Kuwait as part of a greenfield development to increase power stability and expand crude processing capacities at the refineries under KNPC’s Clean Fuels Project (CFP). Source: News
BHI: North American rebound lifts global rig count for July
The average global rig count for July was up 74 units compared with the June average, largely reflecting rises in the US and Canada, according to Baker Hughes Inc. data. The June average was up 2 units, ending 9 straight monthly declines. Source: News
EIA: US oil, gas production jobs continue decline
Despite increases in crude-oil prices since the start of the year, employment in oil and natural gas extraction and support activities continue to decline from levels reached in the fall of 2014. Source: News
MARKET WATCH: NYMEX, Brent crude prices maintain upward momentum
The light, sweet crude oil price for September rallied by more than $1/bbl for a second consecutive day on the New York market Aug. 4 even as analysts and bankers remained concerned about an oversupply in world oil supplies. Source: News
NOAA issues final guidance for ocean noise impact on marine mammals
The National Oceanic and Atmospheric Administration Fisheries Division issued final guidance to help federal agencies predict how manmade underwater sounds potentially affect marine mammals’ hearing. NOAA will use the guidance in its assessments and authorizations of offshore activities that produce underwater noise, it said on Aug. 3. Source: News
Iran Petroleum Contract gets cabinet okay
Iranian cabinet ministers have approved a model contract under which non-Iranian companies might participate in oil and gas exploration and development. Source: News
Canyon Midstream adds pipeline, compression in Permian basin
Canyon Midstream Partners LLC, Houston, has completed the addition of new pipeline and compression in Winkler County, Tex., as part of an ongoing expansion of its James Lake midstream system, which provides gas gathering, treating, and processing services to producers in the Permian basin. Source: News
Enbridge-Marathon venture buys interest in Bakken Pipeline
MarEn Bakken Co. LLC—an entity jointly owned by Enbridge Energy Partners LP and Marathon Petroleum Corp.—has agreed to acquire from Energy Transfer Partners LP (ETP) and Sunoco Logistics Partners LP a 36.75% interest in the Bakken Pipeline project for $2 billion. The Bakken system includes the Dakota Access pipeline and the Energy Transfer Crude Oil […]
EagleClaw advances midstream growth plans in Delaware basin
EagleClaw Midstream Ventures LLC, Midland, Tex., has entered a deal to acquire Houston-based PennTex Midstream Partners LLC subsidiary PennTex Permian LLC as part of an ongoing strategy to expand gathering, compression, treating, processing, and transportation services for producers in the Permian’s Delaware basin. Source: News
EnLink forms JV to expand gas gathering, processing in Delaware basin
A subsidiary of EnLink Midstream Partners LP and EnLink Midstream LLC and an affiliate of NGP Natural Resources XI LP have formed a strategic joint venture to operate and expand midstream assets for natural gas, NGLs, and crude oil in the liquids-rich Delaware basin. Source: News