Enterprise Products Partners LP (NYSE: EPD) announced April 30 it has entered into an agreement with an Occidental Petroleum Corp. (NYSE: OXY) affiliate to jointly develop a new 150 million cubic feet per day (MMcf/d) cryogenic natural gas processing plant.
The plant will accommodate the growing production of NGL-rich natural gas in the
In addition to the processing plant, Enterprise will construct, own and operate a 12-inch diameter pipeline that will transport NGL from the new facility to one of Enterprise’s NGL pipelines, which will provide customers with access to Enterprise’s NGL fractionation and storage complex in
“This new facility, combined with Enterprise’s recently announced 200 MMcf/d cryogenic processing plant being built in
Recommended Reading
Weyerhaeuser, Lapis Energy Enter Carbon Sequestration Exploration Pact
2024-02-29 - The exploration agreement covers 187,500 acres across three states with five potential carbon sequestration sites.
Talos Energy Sells CCS Business to TotalEnergies
2024-03-18 - TotalEnergies’ acquisition targets Talos Energy’s Bayou Bend project, and the French company plans to sell off the remainder of Talos’ carbon capture and sequestration portfolio in Texas and Louisiana.
Eni, Vår Energi Wrap Up Acquisition of Neptune Energy Assets
2024-01-31 - Neptune retains its German operations, Vår takes over the Norwegian portfolio and Eni scoops up the rest of the assets under the $4.9 billion deal.
Marketed: Anschutz Exploration Corp. WI Opportunity in Converse County, Wyoming
2024-01-26 - Anschutz Exploration Corp. retained EnergyNet for the sale of its WI participation option in Converse County, Wyoming.
Excelerate Energy, Qatar Sign 15-year LNG Agreement
2024-01-29 - Excelerate agreed to purchase up to 1 million tonnes per anumm of LNG in Bangladesh from QatarEnergy.