UGI Corp. said July 9 that its subsidiary, UGI Energy Services LLC, acquired GHI Energy LLC, a Houston-based renewable natural gas company.
Fugro has mobilized two additional vessels off the coast of New Jersey to support their ongoing site characterization work for Atlantic Shores Offshore Wind, a joint venture between Shell New Energies US LLC (Shell) and EDF Renewables North America, the company said on July 9.
Panelists discuss how oil and gas players are navigating current conditions as they await better days ahead.
Dakota Access said shutting the line would cost companies and state economies billions of dollars and result in the loss of thousands of jobs.
Raymond James said it expanded its energy investment banking practice on July 8 with the hiring of veteran energy bankers Will Hodge and Jacob Call.
Current market conditions are expected to drive a “significant increase in bankruptcies” for E&P companies during the second half of 2020, one expert says.
The work scope for the 30-month project includes an inlet stream screening to remove debris, feed water tanks with oil skimmer and pumps, a clarifier system including flocculation, coagulation and oil skimmer, treated wastewater storage and pumps, sludge treatment and relative utilities.
During the second quarter, Noble’s curtailments averaged about 11,000 bbl/d, which totaled 32,000 boe/d on a net basis, the company said in a statement.
Reduced global demand and an altered oil and gas industry business model to please investors shrink the projected increases in production.