Eni SPA completed its sale of a 12.5% interest in Saipem SPA to Fondo Strategico Italiano SPA for €463.2 million. Source: News
Trinidad and Tobago ‘open’ to LNG expansions with Loran-Manatee field production
Trinidad and Tobago has said it is open to LNG expansions if the partners of the 10-tcf giant Loran-Manatee natural gas field want to use the field’s production for export. Loran-Manatee field crosses the maritime border of Trinidad and Tobago and Venezuela. Source: News
Constitution Pipeline in-service delayed until second-half 2017
The target in-service date for the Constitution Pipeline Co. LLC natural gas system has been delayed by about 6 months until second-half 2017, reported partner Cabot Oil & Gas Corp., Houston. Source: News
Shell starts production from Parque das Conchas Phase 3
Royal Dutch Shell PLC has started oil production from the third phase of the deepwater Parque das Conchas (BC-10) development in Brazil’s Campos basin. Source: News
Egdon plugs UK wildcat, eyes shale work
Egdon Resources PLC, Odiham, UK, has plugged without testing the Laughton-1 exploratory well on Petroleum Exploration and Development License (PEDL) 209 in Lincolnshire, UK, and says it can proceed with a new phase of exploration that includes shale-gas potential. Source: News
Imperial Oil files applications for Cold Lake SAGD expansion
Imperial Oil Ltd., Calgary, has filed regulatory applications with Alberta Energy Regulator for a 50,000-b/d expansion of its steam-assisted gravity drainage (SAGD) oil sands operations at the Cold Lake lease area. Source: News
Watching Government: Canada's climate commitment
The joint communique issued by Canada’s First Ministers on Mar. 3 in Vancouver, BC, confirmed what officials from the country’s National Energy Board said a day earlier in Washington: Climate issues are being taken seriously now above the border. Source: News
Economist: Industry 'blood-letting' to continue in Texas
Dramatic decreases in Texas upstream oil and gas industry economic indicators-even crude oil production-suggest a continued “bloodletting” in 2016, an economist indicated. Source: News
Oil flows from Goliat platform in Norwegian Arctic
Eni SPA has started production from its Goliat platform in production license 229 in an ice-free area of the Barents Sea. The milestone follows numerous delays and cost overruns. Source: News
Canada's NEB announces changes as it issues Energy Future 2016 report
New forces ranging from persistently depressed crude-oil prices to growing government climate-change polices are making Canada’s National Energy Board alter its forecasting approach, officials said. Source: News