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New Fortress Energy to acquire Hygo Energy Transition and Golar LNG Partners for $5bn

New Fortress Energy to acquire Hygo Energy Transition and Golar LNG Partners for $5bn

US-based gas-to-power company New Fortress Energy (NFE) has agreed to acquire Bermuda-based natural gas storage provider Hygo Energy Transition and Golar LNG Partners (GMLP) for a total of $5 billion. Hygo Energy Transition is a 50-50 joint venture between Golar LNG (GLNG) and Stonepeak Infrastructure Fund II Cayman (G), a fund managed by Stonepeak Infrastructure […]

Hilcorp Energy wraps up $5.6bn acquisition of BP’s Alaska operations

Hilcorp Energy wraps up $5.6bn acquisition of BP’s Alaska operations

Hilcorp Energy has wrapped up the previously announced $5.6 billion acquisition of BP’s upstream and midstream operations in Alaska. Harvest Alaska, a midstream services provider and an affiliate of Hilcorp Energy, secured approval from the Regulatory Commission of Alaska last week for acquiring BP’s 49% stake in the 800 miles long Trans-Alaska Pipeline System (TAPS) […]

Northern Lights CCS project gets approval from Norwegian government

Northern Lights CCS project gets approval from Norwegian government

The Norwegian government has approved the Northern Lights CCS project, a CO2 transport and storage project being taken up by Equinor and its partners on the Norwegian Continental Shelf (NCS). The Northern Lights CO2 transport and storage project also secured funding commitment from the Norwegian government. Northern Lights will enable the transport of CO2 from […]

PG&E puts up Pleasant Creek natural gas storage field for sale

PG&E puts up Pleasant Creek natural gas storage field for sale

Pacific Gas and Electric Company (PG&E), a California-based gas and electric utility, has put up its Pleasant Creek natural gas storage field in Yolo County, California, for sale. The Pleasant Creek storage field is partly located in the city of Winters and also in Yolo County. It was discovered by a previous owner and was […]

Line 3 Replacement Project : Enbridge begins construction on Minnesota stretch

Line 3 Replacement Project : Enbridge begins construction on Minnesota stretch

Canadian energy transportation company Enbridge has commenced construction on the Minnesota stretch of its Line 3 Replacement Project following receipt of all the required approvals and permits. The Minnesota Pollution Control Agency (MPCA) approved a construction stormwater permit, which was the last state level permit needed by the crude oil pipeline replacement project. It follows […]

NGI pipeline : APA Group to build $341m gas pipeline in Western Australia

NGI pipeline : APA Group to build $341m gas pipeline in Western Australia

APA Group proposes to build the Northern Goldfields Interconnect Pipeline (NGI pipeline), a new 580km long 12” gas pipeline in Western Australia, with an investment of up to AUD460 million ($341.55m). According to the Australian energy infrastructure firm, the new pipeline is planned to connect emerging gas fields in the Perth Basin with the Goldfields […]

Tata Steel EVEREST Project : McDermott wins FEED contract for CO2 capture project

Tata Steel EVEREST Project : McDermott wins FEED contract for CO2 capture project

Tata Steel EVEREST Project : McDermott International has won a pre front-end engineering design (FEED) contract from Tata Steel for the latter’s Enhancing Value by Emissions Reuse and Emission Storage Project (EVEREST Project). The project involves the capture of CO2 from Tata Steel’s blast furnaces in IJmuiden, the Netherlands, followed by its transportation for storage […]

Keystone XL pipeline project : Natural Law Energy to acquire 12% stake for $763m

Keystone XL pipeline project : Natural Law Energy to acquire 12% stake for $763m

Natural Law Energy (NLE) has agreed to acquire a stake of 12% in the $8 billion Keystone XL pipeline project from TC Energy for CAD 1 billion ($763.7 million). The deal follows a memorandum of understanding (MOU) signed by the parties in September 2020 to allow Natural Law Energy to invest in the pipeline project as […]

Seahawk oil pipeline : Max Midstream Texas to launch open season

Seahawk oil pipeline : Max Midstream Texas to launch open season

Max Midstream Texas is initiating an open season for its Seahawk oil pipeline, seeking shipper commitments for services in the Eagle Ford region. The Seahawk oil pipeline along with the associated terminal was acquired by the Houston-based midstream company in September 2020 from Oaktree Capital. The crude oil pipeline will connect the Port of Calhoun […]

Equinor opens CO2 transport test facility in Porsgrunn, Norway

Equinor opens CO2 transport test facility in Porsgrunn, Norway

Norwegian Prime Minister Erna Solberg inaugurated what is claimed to be the largest CO2 transport test facility in the world, owned by Equinor in Porsgrunn, Norway. According to Equinor, the test facility sends CO2 in pipelines in gas as well as liquid form. The objective of the CO2 transport test facility is to study more […]

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