Targa Resources Agrees To Sell Stake In Bakken Assets For $1.6 Billion
Funds managed by Blackstone agreed to acquire the stake in Targa Badlands, which operates oil and gas gathering and processing assets in the Bakken.
February 19, 2019
Joint Ventures
KNOC, Equinor Team Up In Pursuit Of Floating Wind Energy
The proportion of renewable energy in power generation is set to increase to 20% by 2030, which translates to a target of 49 GW of new renewable generation capacity by 2030, Equinor said.
February 15, 2019
New Midstream JV Aims To Move More Eagle Ford Shale Gas
Howard Energy Partners and NextEra Energy Partners formed a JV on Feb. 13 to develop additional natural gas transportation opportunities in the Eagle Ford shale region of South Texas.
February 14, 2019
Williams, Targa Pipeline Projects Will Link Conway To Mont Belvieu
Williams to build Bluestem pipeline and expand Overland Pass; Targa will expand its Grand Prix line and the companies have agreed to an option for Williams to invest in Targa’s new frac trains at Mont Belvieu.
February 14, 2019
Venezuela Pressures Foreign JV Partners On Oil E&P Commitments
France's Total, Norway's Equinor, Russia's Rosneft and U.S.-based Chevron hold minority stakes in JVs with Venezuela's PDVSA that produce crude and operate oil upgraders.
February 12, 2019
Shell Buys Into Cluff Gas Projects In UK North Sea
Shell bought stakes and options in gas licenses in the U.K. North Sea estimated to contain a total of 190 million barrels of oil equivalent from Cluff Natural Resources.
February 8, 2019
OMV Inks $540 Million Sapura Partnership
OMV and Sapura Energy Berhad have closed the agreement to form a strategic partnership, the company said on Feb. 1.
February 1, 2019
Vintage Energy, Comet Ridge Contracts Rig For Galilee Basin Deeps JV
The program is scheduled to commence in March 2019 once the wet season has finished.
January 30, 2019
Exxon Mobil, Plains All American To Build Permian Crude Pipeline
A joint venture between Exxon Mobil, Plains All American and Lotus Midstream has agreed to build a new crude pipeline to connect the Permian Basin in West Texas to the Texas Gulf Coast.
January 30, 2019
Drillinginfo Partners With Hart Energy’s Rextag For New Midstream Analytics Service
Drillinginfo formed a new strategic collaboration with Hart Energy’s Rextag unit to create a combined midstream business product dubbed Drillinginfo Midstream Infrastructure.
January 29, 2019