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Category: Midstream

The big new concept in Obama’s Keystone XL decision

Posted September 13, 2018 by Silvia Zurita in Alternative Energy, Business, Business Valuation, Construction News, Downstream, Energy, Engineering, Midstream, Oil, Onshore, Petrochemical, Transportation, Upstream

Though President Obama’s rejection of the Keystone XL pipeline garnered headlines, it was the rationale behind the rejection that may prove historic. Rather than emphasizing particular concerns along Keystone’s route, Obama adopted a more global frame — one that has been an emerging theme of recent climate scholarship and environmental activism.... Read More »

Houston Company to Build Ethylene Storage, Pipeline Projects

Posted September 13, 2018 by Silvia Zurita in Business, Business Valuation, Commercial, Construction, Construction News, Downstream, Energy, Engineering, Financial, Midstream, Petrochemical, Transportation

Houston-based Enterprise Products Partners LP (NYSE: EPD) has announced two projects centered around the Houston-area's midstream ethylene infrastructure. The first is a modification to one of its existing storage facilities, according to a press release. Enterprise will repurpose a Mont Belvieu, Texas, storage well to be able to draw in... Read More »

OPEC secretary general speaks of market patience

Posted February 14, 2018 by Silvia Zurita in Business, Business Valuation, Construction, Deepwater, Downstream, Energy, Engineering, Financial, FPSO, Maritime, Midstream, Natural Gas, Offshore, Oil, Onshore, Petrochemical, Pipeline, Suppliers, Transportation, Upstream, Valuation

By Daniel J. Graeber  |  Feb. 14, 2018 at 9:27 AM - UPI News It's a long-term game, the secretary general said in his opening remarks at a conference in Riyadh. Feb. 14 (UPI) -- While pointing to emerging optimism in the energy markets, OPEC's secretary general said Wednesday that any focus on stability... Read More »

Tellurian makes $15B deal for engineering and construction of flagship LNG project

Posted November 13, 2017 by Silvia Zurita in Business, Business Valuation, Construction, Construction News, Energy, Engineering, Financial, Infrastructure, Midstream, Natural Gas, Oil, Pipeline

By Joshua Mann Houston Business Journal Nov 13, 2017 Houston-based Tellurian Inc. (Nasdaq: TELL) has awarded Bechtel Oil, Gas and Chemicals Inc. — the Houston-based subsidiary of California-based Bechtel Corp. — a collection of four engineering, procurement and construction agreements for its flagship liquefied natural gas terminal near Lake Charles,... Read More »

Schlumberger partners with Canadian E&P co. to buy oil and gas assets for $1B

Posted October 19, 2017 by Silvia Zurita in Business, Business Valuation, Commercial, Construction, Construction News, Deepwater, Downstream, Energy, Engineering, Financial, Maritime, Midstream, Natural Gas, Offshore, Oil, Onshore, Petrochemical, Pipeline, Upstream, Valuation

Schlumberger Ltd. Chairman and CEO Paal Kibsgaard.   By Olivia Pulsinelli – Senior web editor, Houston Business Journal   Schlumberger Ltd. (NYSE: SLB), which has one of its principal offices in Houston, and Torxen Energy will buy assets in Alberta, Canada, from Cenovus Energy Inc. (NYSE: CVE) for about $1... Read More »

Texas Economist Sees Oil Industry Leveling Out

Posted October 12, 2016 by Silvia Zurita in Alternative Energy, Business, Business Valuation, Deepwater, Downstream, Energy, Engineering, Financial, FPSO, Infrastructure, Maritime, Midstream, Natural Gas, Offshore, Oil, Onshore, Petrochemical, Pipeline, Upstream, Valuation

San Antonio Express-News   Oct. 10 --A little more than two years since the start of the worst oil downturn in recent memory, the Texas petroleum industry may finally be looking at the bottom as prices, rig counts and even employment show gains. "We're just looking at these little milestones.... Read More »

Deep Gulf Energy taps Technip for more ultra-deepwater Gulf of Mexico projects

Posted February 15, 2016 by Silvia Zurita in Business, Business Valuation, Commercial, Construction, Deepwater, Energy, Engineering, FPSO, Maritime, Midstream, Offshore, Oil, Pipeline, Upstream

PARIS – Deep Gulf Energy III LLC has awarded Technip a lump-sum contract for the development of the South Santa Cruz and Barataria fields in the ultra-deepwater Gulf of Mexico. These fields are located in Mississippi Canyon acreage, offshore New Orleans, in approximately 2,000 m (6,651 ft) of water. The... Read More »

5 Things to Know in Texas Energy this Week

Posted December 16, 2015 by Silvia Zurita in Business, Business Valuation, Commercial, Downstream, Energy, Engineering, Financial, Midstream, Oil, Petrochemical, Pipeline, Suppliers, Upstream, Valuation

The CEO of Cheniere Energy was ousted, two chemical giants became one and Kinder Morgan is weathering investor upset after a less-than-popular decision to cut dividends. Here are five things to know in Texas energy this week. If the Halliburton and Baker Hughes merger comprise the energy deal of the... Read More »

America’s Repiping – The Flanagan South Story

Posted December 11, 2014 by Silvia Zurita in Business, Construction, Energy, Engineering, Midstream, Oil, Onshore, Pipeline, Suppliers, Transportation, Uncategorized

Aside from the scale, engineering, design, construction and safety challenges, any of which could define a pipeliner’s career, what really motivates Enbridge’s Flanagan South Pipeline executives Jerrid Anderson and Mark Sitek, is the idea they are part of a larger socio-economic movement across North America. They’re helping to allow domestic... Read More »

Europe: Weaning itself off Russian energy

Posted May 30, 2014 by Silvia Zurita in Business, Construction, Deepwater, Downstream, Energy, Engineering, FPSO, Midstream, Natural Gas, Nuclear, Offshore, Oil, Onshore, Petrochemical, Pipeline, Shale, Suppliers, Upstream

  Washington, DC - The G7 recently met in Rome to discuss the challenges of energy security following Russia's invasion of the Crimean peninsula, and reaffirmed its commitment to pursuing collective energy security. "Energy should not be used as a means of political coercion nor as a threat to security,"... Read More »