NorthAmOil - North America Oil & Gas
Enbridge, Annova LNG strike gas supply deal
Houston-based Annova LNG announced last week that it had signed a 20-year natural gas supply deal with pipeline operator Enbridge for its proposed LNG export terminal in Texas.
Sinopec reportedly to review potential Cheniere deal
Reports have emerged that China’s Sinopec is planning to review the terms of a potential supply deal it is expected to strike with US LNG exporter Cheniere Energy once trade relations between the two countries improve.
Enterprise starts up new Permian gas-processing plant
Enterprise Products Partners announced this week that its Mentone cryogenic gas-processing plant in the prolific Permian Basin had been brought into service.
Evolution Well Services wins electric fracking contract
Texas-based Evolution Well Services announced this week that it had struck a two-year deal to provide electric hydraulic fracturing services to a “leading” unnamed shale producer.
McDermott files for bankruptcy protection
Engineering and construction firm McDermott International has filed for Chapter 11 bankruptcy protection after reaching an agreement with its creditors.
Services firms’ quarterly results illustrate industry woes
Leading oilfield services firms Schlumberger, Halliburton and Baker Hughes have all reported their quarterly and full-year results, which contain some positives, but nonetheless illustrate the difficulties the energy industry is facing.
M&NP pipeline’s owners pledge $152mn to cover mishaps
The consortium that owns the Maritimes & Northeast Pipeline has pledged $152mn to cover any leaks or other mishaps that may occur on the natural gas project.
Legal victory for Trans Mountain, but further battles remain
Canada’s top court has dismissed an attempt by British Columbia to regulate what can be transported on the Trans Mountain pipeline through the province’s territory.
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