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Oil & Gas

MEG Energy to sell two midstream assets to Wolf Midstream for $1.2bn Canadian oil sands producer MEG Energy has agreed to sell Access Pipeline and Stonefell Terminal assets to Canada Pension Plan Investment Board-backed Wolf Midstream in a deal worth C$1.61bn ($1.27bn). Oil & Gas > Transportation & Storage > News

Latest Oil & Gas News by Sector

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Drilling and Production

Cepsa buys $1.5bn stake in SARB and Umm Lulu offshore concession
By EBR Staff Writer
Spanish oil and gas firm Cepsa has acquired a stake of 20% in the Sateh Al Razboot (SARB) and Umm Lulu concession offshore Abu Dhabi for a participation fee of AED5.5bn ($1.5bn).
Oil & Gas > Drilling & Production > News
Fieldwood Energy files for Chapter 11 bankruptcy protection in US
By EBR Staff Writer
Fieldwood Energy, along with its subsidiaries and certain affiliates, has filed for bankruptcy protection under Chapter 11 in the US, in a bid to restructure its balance sheet by reducing debt.
Oil & Gas > Exploration & Development > News

Exploration & Development

Fieldwood Energy files for Chapter 11 bankruptcy protection in US
By EBR Staff Writer
Fieldwood Energy, along with its subsidiaries and certain affiliates, has filed for bankruptcy protection under Chapter 11 in the US, in a bid to restructure its balance sheet by reducing debt.
Oil & Gas > Exploration & Development > News
US to offer 77.3 million acres for oil and gas exploration in Gulf of Mexico
By EBR Staff Writer
The US Department of Interior is planning to offer 77.3 million acres offshore Texas, Louisiana, Mississippi, Alabama, and Florida in lease sale for oil and gas exploration and development.
Oil & Gas > Exploration & Development > News

Refining & Petrochemicals

CB&I bags $95m contract for Thai ethylene plant
CB&I has secured a contract valued over $95m from Samsung Engineering (Thailand) for a brownfield ethylene plant at PTT Global Chemical's (PTTGC) petrochemicals complex in Map Ta Phut, Rayong, Thailand.
Oil & Gas > Refining & Petrochemicals > News
Maire Tecnimont wins contract for DCU Project at Omsk Refinery in Russia
By PKBR Staff Writer
Maire Tecnimont subsidiaries Tecnimont and Tecnimont Russia have been awarded engineering, procurement and construction management (EPCm) services contract by Gazprom Neft for the Delayed Coking Unit (DCU) project at the Omsk refinery in Russia.
Oil & Gas > Refining & Petrochemicals > News

Transportation & Storage

Avangrid to sell gas storage business Enstor Gas to Amphora
Avangrid Renewables has agreed to sell Enstor Gas, which operates the gas storage business of its parent company Avangrid, to Amphora Gas Storage USA, an affiliate of ArcLight Capital Partners for an undisclosed price.
Oil & Gas > Transportation & Storage > News
TransCanada to move ahead with $1.9bn NGTL pipeline expansion project
By EBR Staff Writer
TransCanada has decided to proceed with the C$2.4bn ($1.9bn) expansion of its NOVA Gas Transmission (NGTL) system in Alberta, Canada to help increase market access for suppliers in Western Canadian Sedimentary Basin (WCSB).
Oil & Gas > Transportation & Storage > News