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Expansions

At first glance, it would be difficult to view a region with just 27 jackups and only 12 of those contracted as warranting any special attention. However, a deeper dive into the numbers shows that the US Gulf of Mexico (GOM) jackup market has... more

Upstream

Williams announced today that the Federal Energy Regulatory Commission (FERC) has issued a certificate of public convenience and necessity authorizing the Rivervale South to Market project. more

Pipeline/Transportation

In June 2018, natural gas production in the Haynesville shale formation, located in northeastern Texas and Louisiana, averaged 6.35 billion cubic feet per day (Bcf/d), accounting for 8.5% of the total U.S. dry natural gas production. more

Midstream

By the end of 2018, EIA expects natural gas pipeline capacity into the South Central region of the United States to reach almost 19 billion cubic feet per day (Bcf/d). more

Midstream

The approximately $2 billion PHP Project will provide an outlet for increased natural gas production from the Permian Basin to growing market areas along the Texas Gulf Coast. more

Midstream

Shell Offshore Inc. has made a large deepwater exploration discovery in the Norphlet geologic play in the U.S. Gulf of Mexico...Oil production in the Permian Basin, already a major force in global supply growth, will rise nearly 3 million bpd... more

Upstream

SABIC and ExxonMobil have created a new joint venture to advance development of the Gulf Coast Growth Ventures project...Braskem has committed up to $675 million toward the design and construction of the new polypropylene production line named Delta. more

Engineering, Procurement & Construction

Wood has been awarded a new contract by Woodside to support the execution of concept definition for the proposed Scarborough upstream development, offshore Western Australia. more

Upstream

Royal Dutch Shell Plc is restarting the gasoline-producing unit at its 209,787-barrel-per-day (bpd) Convent, Louisiana, refinery, sources familiar with plant operations. more

Downstream

Solvay S.A. celebrated the groundbreaking of its Greenville, TX manufacturing expansion that increases the site’s resin mixing capacity to meet the growing needs of commercial and military aerospace composite customers. more

Downstream

Everything is bigger in Texas, and Dow Chemical's $6 billion expansion project -- the world's largest ethylene cracker facility -- is proof. more

Downstream

McDermott International, Inc. announced today a contract from Shell Exploration and Production Company Inc., a subsidiary of Royal Dutch Shell (Shell) plc, for subsea umbilical and flowline installation at the Perdido development, located 230 miles.. more

Upstream

Kosmos Energy announced that the company has entered into an agreement to acquire Deep Gulf Energy, a leading deepwater company operating in the Gulf of Mexico. more

Upstream

ExxonMobil has commenced operations at its new ethane cracker at its Baytown chemical and refining complex in Texas. more

Refining/Petrochemical

A Texas grand jury on Friday indicted chemicals manufacturer Arkema North America and two of its executives for releasing emissions that allegedly endangered the public after a 2017 hurricane. more

Refining/Petrochemical

McDermott International, Inc. (NYSE: MDR) announced today a sizeable* contract award by PEMEX Exploración y Producción for subsea pipeline flowline installation in support of its Ayatsil field. more

Upstream

Construction of the expansion is expected to generate 2,000-3,000 jobs and create 120 new direct jobs once completed. Louisiana Economic Development estimates the project will result in approximately 100 new indirect jobs, for a total of 220... more

Downstream

BP’s $10.5 billion move to acquire most of BHP Billiton shale acreage in North America, signals a bold return by the UK oil giant to the lower 48 states and gives it a prominent position in the red-hot North American tight oil play. more

M&A/Investment

Williams announced two midstream transactions that will result in its entry into Colorado’s Denver-Julesburg (“DJ”) Basin and the exit of Williams Partners L.P. from the Four Corners Area in New Mexico and Colorado. more

Midstream

Marathon Petroleum Corp. plans to “maximize” input of U.S. crude in the third quarter, taking advantage of bottlenecks in key shale plays that have weakened domestic prices. more

Refining/Petrochemical

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