Joint Ventures
Technology , Joint Ventures , Pipelines
WhiteWater Midstream to Provide Permian Basin NGL Transportation Solutions
WhiteWater Midstream, MPLX LP and West Texas Gas Inc. (WTG) have formed a joint venture (JV) on Aug. 6 to provide NGLs takeaway capacity from MPLX and WTG gas processing plants in the Permian Basin to the NGL fractionation hub in Sweeny, Texas.
Private Equity , Shale Plays , Joint Ventures , Gathering & Processing , Pipelines
Sabine Oil & Gas Forms Midstream JV in East Texas Carthage Area
The JV transaction marks Osaka Gas’ first acquisition in the midstream business in the U.S. following the Japanese company’s purchase of Sabine Oil & Gas late last year.
Exploration & Production , Subsea , Joint Ventures
Executive Q&A: Proserv Controls CEO on Driving Force behind Subsea Deal
In this exclusive video interview, Proserv Controls CEO Davis Larssen explains the driving factors behind a strategic subsea partnership with Houston-based Dril-Quip.
Business , Subsea , Joint Ventures
Dril-Quip, Proserv Form Strategic Partnership for Subsea Offerings
The partnership with Proserv Group establishes a framework for a bundled offering that will provide a compelling value proposition for Dril-Quip’s subsea customers, CEO Blake DeBerry says.
Joint Ventures , Construction
Shell Exits Lake Charles LNG Project; Energy Transfer Takes Over as Developer
Shell cites market conditions as its reason for withdrawing; Energy Transfer weighs options, including recruiting another equity partner or reducing the size of the project.
Unconventional , Shale Plays , Joint Ventures
Lonestar Resources Forms JV With Large Eagle Ford Shale Producer
Lonestar Resources said it formed a partnership with one of the largest producers in the Eagle Ford Shale to develop oily acreage in its Gonzales County, Texas, asset.
Crude Oil , Joint Ventures , Midstream
Phillips 66, Trafigura Form JV To Develop Deepwater Texas Port
Trafigura formed a joint venture with U.S. refiner Phillips 66 to build a major deepwater port in Texas capable of handling supertankers, ditching its own competing project.
Joint Ventures
Apache, Total Form Offshore Suriname Joint Venture; Total To Become Future Operator
Apache Corp. and Total S.A. said Dec. 22 they are entering into a joint venture agreement to explore and develop Block 58 offshore Suriname.
Public Capital , Shelf , Acquisitions & Divestitures , Joint Ventures
Contango Oil & Gas Strikes JV Deal With Former Partner In US GoM
The original partnership in the late 1990s between Contango and Juneau Oil & Gas made several notable discoveries in the U.S. Gulf of Mexico.
Public Capital , Exploration & Production , Shale Plays , Joint Ventures
Devon Energy Secures $100 Million For Stack Drilling JV
The JV partnership is the second Devon Energy has formed with Dow in recent years as E&Ps are increasingly left with fewer capital options.