NorthAmOil - North America Oil & Gas
Terra Nova FPSO returns to site offshore Newfoundland and Labrador
The floating production, storage and offloating (FPSO) vessel serving the Terra Nova project offshore Newfoundland and Labrador, in Eastern Canada, has returned to its offshore location after four years offline.
Permian Resources to buy Earthstone in $4.5bn deal
Permian Resources is buying Earthstone Energy in a $4.5bn deal that illustrates some of the shifts in consolidation patterns across the US shale patch
Cheniere Energy reaches deal with BASF to supply LNG
Houston-headquartered Cheniere Energy has come to agreement with German chemical company BASF to supply it with 0.8mn tonnes per year of LNG.
Energy Transfer seeks new export licence for Lake Charles LNG
Midstream player Energy Transfer has requested a new, expedited export licence for its proposed Lake Charles LNG export terminal in Louisiana, according to a filing with the US Department of Energy.
Iran calls US 'pirates' for offloading its oil
US rig count continues steady decline
Active US oil and gas rig counts have been trending downward for several months as shale drillers scale back activity, even as overall production continues to edge upwards.
Equinor hires rig for more exploration offshore Eastern Canada
Norway’s Equinor has hired a drilling rig to carry out more exploration for oil and gas offshore Newfoundland and Labrador.
Chesapeake to offload remaining Eagle Ford assets for $700mn
US independent Chesapeake Energy announced this week that it had struck a deal to sell its remaining Eagle Ford shale assets to SilverBow Resources for $700mn.
Commonwealth LNG closes funding for planned export facility
Commonwealth LNG announced on August 14 that it had closed an investment of development capital from private funds managed by alternative asset management firm Kimmeridge Energy Management.
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