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The deal sees Energy Transfer gain, among other assets, various crude and natural gas liquids pipelines running from the Denver-Julesburg and Anadarko Basins.

As part of a deal that could net up to $3 billion, GE will lose majority control of Baker Hughes just two years after it acquired the oilfield service company.

The planned collaboration is expected to provide analytics-ready data from IHS Markit that would be directly accessible from the GAIA platform.

Oil prices rose on the news that Saudi Arabian production was disrupted by aerial attacks. The massive outage might may boost US exports to new highs.

As part of a plan to increase revenue to more than $1 billion by 2023, the engineering and construction company is moving away from large offshore platforms with fixed substructures, saying that it expects to win and execute a series of FPSO projects in the future.

Fiber optics are considered one of the more promising direct leak-detection technologies. The fiber core normally used for telecommunication can be converted as a sensor using the principle of light backscattering within the fiber.

Clough, an Australian LNG engineering company, has been awarded an engineering, procurement, and construction deal for the loadout line trestle for the LNG Canada project in Kitimat, British Columbia. The contract, worth an estimated $40 billion, covers a liquefaction facility, a 670-km pipeline from Dawson Creek, and a marine terminal. Construction activities began l…

James Fisher Offshore (JFO) has won a decommissioning project in the Middle East, a deal that covers the removal of a new offshore platform jacket in Saudi Arabia. The project requires two full spreads of abrasive cutting equipment to be mobilized in support of a regional contractor’s jacket removal program. JFO said the work will utilize a cutting solution that is ca…

With production declining and a nearby terminal closed, UK authorities have given the nod for decommissioning to begin on the aging North Sea gas field. Perenco has been in operation since 1992, with Perenco taking over as operator from BP in 2003.

After failing to meet a previous 2018 deadline, the owners of the Bonny Island plant say they are close to sanctioning the expansion project following the signing of a letter of intent to a consortium of Saipem Chiyoda and Daewoo for EPC services. Train 7 will add 8 mtpa to Bonny Island’s production

One of the largest deepwater gas discoveries of the past decade moves closer to its expected startup at the end of the year, as 24,500 tonnes of topside units have been installed on the Leviathan platform offshore Israel. Operator Noble Energy expects to produce up to 1.2 Bcf/D from 4 subsea wells.

Still recovering from the oil price downturn, oilfield service companies are facing more headwinds.