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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

Neptune Energy completes $3.9bn acquisition of Engie's oil and gas business
Neptune Energy Group has closed its $3.9bn acquisition of Engie E&P International, the oil and gas business of Engie.
Oil & Gas > Drilling & Production > News
Linn Energy to sell stake in conventional west Texas assets for $119.5m
Linn Energy has agreed to sell its stake in conventional properties located in west Texas to an undisclosed buyer for about $119.5m.
Oil & Gas > Drilling & Production > News

Exploration & Development

Freedom Oil & Gas set to commence four well drilling program in Eagle Ford Shale
Freedom Oil and Gas has mobilized a rig to commence drilling of four horizontal wells in Eagle Ford Shale in the US.
Oil & Gas > Exploration & Development > News
Statoil awards two contracts for Johan Castberg FPSO vessel
By EBR Staff Writer
Statoil has awarded contracts to Kværner and Siemens for the floating production, storage and offloading (FPSO) vessel to be located on the NOK49bn ($5.91bn) Johan Castberg field in the Norwegian Barents Sea.
Oil & Gas > Drilling & Production > 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
Saipem wins $750m contract for Duqm Refinery development in Oman
By EBR Staff Writer
Saipem has secured a $750m worth onshore engineering contract for the development of the Duqm Refinery situated near the coast in the north east of Oman.
Oil & Gas > Refining & Petrochemicals > News

Transportation & Storage

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
Caliche starts construction on NGL storage project in Texas
By EBR Staff Writer
Coastal Caverns, a subsidiary of Caliche Development Partners has started construction of a brine pond as part of the Caliche Coastal natural gas liquid (NGL) storage project in Beaumont, Texas.
Oil & Gas > Transportation & Storage > News