Gas to liquids (GTL)
DCP Midstream to buy, expand Conoco US pipeline
DCP Midstream has agreed to buy the Seaway Products Pipeline Co. from ConocoPhillips for between $750mn and $850mn, creating new natural gas liquids (NGL) transportation capacity from the US Mid-continent to Texas Gulf coast markets.
LyondellBasell to buy Texas olefins pipeline system from BP
LyondellBasell signed a deal to purchase approximately 200 miles of pipeline near Houston from BP. The pipelines and metering stations comprise a Houston-area olefins distribution system transporting ethylene and propylene from Channelview, Texas, to Equistar's storage terminal at Mont Belvieu, Texas, and facilities in Deer Park, La Porte and the Bayport Industrial District in Pasadena, Texas.
HP Construction: South America
Technip, in consortium with Tomé Engenharia, was awarded a lump-sum turnkey EPC contract by Petrobras for five new units at the Presidente Bernardes Refinery in Cubatão, state of São Pa..
Marathon Oil to buy $3.5 billion in Eagle Ford shale
Marathon Oil reached an agreement with Hilcorp Resources to purchase assets in the core of the Eagle Ford shale formation in Texas for $3.5 billion, subject to closing adjustments, customary terms and conditions.
Mustang awarded design contract from Hess for North Dakota natural gas expansion
Mustang has been awarded detailed design and procurement services by Hess Corp. for the expansion of its Tioga natural gas plant in the Bakken oil play in northwestern North Dakota.
Total joins ExxonMobil to explore Poland shale gas
US-based ExxonMobil and French oil major Total signed an agreement to explore shale gas in the Chelm and Werbkowice areas in Poland.
Southern Union, BG seek US approval to export LNG from Louisiana terminal
Two energy companies have applied for a US license to export liquefied natural gas (LNG) from their Lake Charles, La. import terminal.
Statoil withdraws from ownership in Swiss gas-to-liquids licensing venture
Statoil will withdraw from ownership and management roles with gas-to-liquids venture company GTL.F1, saying it does not see licensing of GTL technology as part of its core business.
BP/Davy select EPC firms CB&I, Jacobs and Shaw for Fischer Tropsch deployment
BP and Davy Process Technology announced collaborations with three EPC contractors to promote the commercialization of the BP/Davy Fischer Tropsch process.
Kinder Morgan buys $920mn in US shale assets, will build $220mn crude/condensate pipeline
Kinder Morgan Energy Partners (KMP) has agreed to pay approximately $855mn to Petrohawk Energy and assume approximately $65 million in debt for Petrohawk’s 50% interest in KinderHawk Field Services (the natural gas gathering and treating services provider in the Haynesville Shale) and a 25% interest in Petrohawk’s natural gas gathering and treating business in the Eagle Ford Shale.
- Fire at Russian petrochemicals plant kills at least three 4/2
- NH3 Clean Energy selects Linde to deliver FEED for the WAH2 project 4/2
- Phelan Green selects Honeywell process technology for flagship South African eSAF facility 4/2
- Metafuels secures Dutch government grant to advance Rotterdam eSAF project 4/2
- Topsoe partners with Hynfra P.S.A. to advance green ammonia in Jordan 4/2
- China calls for independent refiners to maintain fuel output amid war disruption 4/2
