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Anchor Oil Field Gulf of Mexico : Chevron, Total take FID on deepwater project

Anchor Oil Field Gulf of Mexico : Chevron, Total take FID on deepwater project

Chevron and Total are set to go ahead with stage 1 development of the Anchor Oil Field Gulf of Mexico, offshore Louisiana, having taken a final investment decision (FID). The two oil and gas giants will invest nearly $5.7 billion for the phase 1 development of the US offshore oil field. Located approximately 225kms from […]

Venture Global’s Plaquemines LNG Project gets DOE nod for LNG exports

Venture Global’s Plaquemines LNG Project gets DOE nod for LNG exports

Venture Global Plaquemines LNG has received an authorization order for its Plaquemines LNG Project in Louisiana from the US Department of Energy (DOE) to export domestically produced liquefied natural gas (LNG). The Plaquemines LNG facility, which is Venture Global’s second proposed LNG export project, is located on the Mississippi River, in Plaquemines Parish, nearly 20 […]

Gunvor signs agreement with Commonwealth LNG export project

Gunvor signs agreement with Commonwealth LNG export project

Gunvor Group has signed an LNG marketing and gas supply agreement with Commonwealth LNG pertaining to the latter’s $4 billion Commonwealth LNG export project in Cameron Parish, Louisiana. As per the agreement, the Swiss commodities trading house will help the LNG developor in getting binding LNG offtake and gas supply agreements for the full capacity […]

DTE Midstream to acquire midstream assets in Haynesville Shale for $2.6bn

DTE Midstream to acquire midstream assets in Haynesville Shale for $2.6bn

DTE Midstream has agreed to acquire an existing gathering system and a 150-mile gathering pipeline being constructed in the Haynesville shale formation of Louisiana in a deal valued up to $2.65 billion. As per the agreement terms, the non-utility business of DTE Energy will buy 100% of the assets from Momentum Midstream and Indigo Natural […]

Chevron sanctions waterflood oil recovery project in St Malo oil field

Chevron sanctions waterflood oil recovery project in St Malo oil field

Chevron and its partners have agreed to move ahead with a waterflood oil recovery project in the St Malo oil field in the US Gulf of Mexico. The St Malo oil field, which is located about 280 miles south of New Orleans in Louisiana, has an estimated production life of another 30 years. The waterflood […]