Industry News

How North America’s oil production push has provided big growth for midstream firms

How North America’s oil production push has provided big growth for midstream firms

ogadmin

May 1st, 2014

0 Comments

How North America’s oil production push has provided big growth for midstream firms Republish Reprint Dina O’Meara, Special to Financial Post | April 3, 2014 1:55 PM ET More from Special to Financial Post Handout/Pembina Pipeline CorporationMidstream companies process and transport oil and gas resources, sandwiched between producers […]

From Keystone to Crimea: Liberating North American Energy

From Keystone to Crimea: Liberating North American Energy

ogadmin

April 10th, 2014

0 Comments

From Keystone to Crimea: Liberating North American Energy By Robert L. Bradley Jr. The recent events in Crimea give President Obama yet another reason to approve Keystone XL. Russia’s military incursion highlights the need for improved transportation of oil and natural gas from North America […]

Devon Energy completes sale of Canadian conventional assets

Devon Energy completes sale of Canadian conventional assets

ogadmin

April 2nd, 2014

0 Comments

Devon Energy Corporation (NYSE:DVN) announced that it has completed the sale of its Canadian conventional assets to Canadian Natural Resources Limited for C$3.125 billion. The company’s retained Canadian business will consist of its thermal heavy oil, Lloydminster and Horn River assets. The company plans to […]

Wood Group joint venture to provide construction management services to largest LNG producer in the Americas

Wood Group joint venture to provide construction management services to largest LNG producer in the Americas

ogadmin

March 27th, 2014

0 Comments

Wood Group joint venture to provide construction management services to largest LNG producer in the Americas Wednesday, Mar 26, 2014 Neal & Massy Wood Group (NMWG) has been awarded a master services agreement (MSA) to deliver construction services to Atlantic LNG Company of Trinidad and […]

Second small diesel refinery planned for North Dakota

Second small diesel refinery planned for North Dakota

ogadmin

March 25th, 2014

0 Comments

HOUSTON, Mar. 21 03/21/2014 By OGJ editors Quantum Energy Inc. (QEI), Tempe, Ariz., said it has secured land for the construction of a 20,000-b/d grassroots hydroskimming refinery in North Dakota’s Williston basin Bakken shale region. QEI signed a purchase and sale agreement with Northstar Transloading LLC to purchase 80 acres of […]

U.S. oil, gas industry to invest $890B in infrastructure

ogadmin

February 14th, 2014

0 Comments

The U.S. oil and gas industry is investing confidently in infrastructure the near future, according to a recent report on infrastructure investments. Those investments, of a projected $890 billion over the next 12 years, will pump the national economy with hundreds of thousands of jobs […]

Recommended acquisition of Foster Wheeler AG

ogadmin

February 13th, 2014

0 Comments

Recommended acquisition of Foster Wheeler AG Thursday, Feb 13, 2014 AMEC, the international engineering and project management company, announces that it has entered into a definitive agreement with Foster Wheeler AG (Foster Wheeler) under which AMEC will make a recommended offer to acquire the entire […]

Drillinginfo Weekly Offshore Rig Digest

Drillinginfo Weekly Offshore Rig Digest

ogadmin

November 23rd, 2013

0 Comments

Nabors Offshore reports it has received contracts for two currently idle platform rigs in the Gulf of Mexico. The 1,500 horsepower MODS 150 will go to Energy XXI for a one-year term on the “C” platform in West Delta Block 73. The rig, which has […]

Matador Resources company provides operational update

Matador Resources company provides operational update

ogadmin

November 23rd, 2013

0 Comments

Matador Resources company provides operational update Thursday, Feb 13, 2014 Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”), an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources, with an emphasis on oil and natural gas […]