Gas Processing/LNG
CB&I venture awarded Australia LNG project work
A CB&I joint venture with Chiyoda Corp. and Saipem S.p.A has been awarded a preparation and supply contract for the Arrow LNG plant project in Australia. Arrow Energy Pty Ltd., the project operator, is a 50/50 joint venture partnered by Royal Dutch Shell and PetroChina.
Praxair acquires Ohio gas distributor Weldco
The distribution subsidiary of industrial gases major Praxair has acquired Weldco, an independent distributor of industrial and specialty gases and ancillary welding equipment, supplies and services. With 23 employees and sales of $8 million, Weldco is considered a market leader in Cincinnati, Ohio, which is one of the top 20 welding markets in the US.
Air Products opens Calif. hydrogen fueling station using wastewater as feedstock
Air Products officially opened its newest California hydrogen fueling station, drawing its feedstock from a sustainable source. Air Products is pumping hydrogen into fuel cell vehicles that is generated from the municipal wastewater treatment plant at the Orange County Sanitation District (OCSD) in Fountain Valley.
Momentive starts up new production line at Texas oilfield technology complex
The oilfield technology group (OTG) of Momentive Specialty Chemicals started up a new manufacturing production line at its facility in Brady, Texas, to provide additional resin-coated proppants to fracturing service companies and operators in the oil and gas industry.
PGI Energy acquires Texas oil, gas field
PGI Energy, through its joint venture with Home Creek Energy as operator, has acquired an oil and gas field located in Haskell County, Texas, covering five leases with 11 production wells, 2 injection wells, pumper jacks, tanks, separators, tubing, rods and well equipment.
American Petroleum Institute CEO disappointed by US shale gas committee findings
American Petroleum Institute (API) chief executive Jack Gerard welcomed an acknowledgement from the US government subcommittee on shale gas of the economic and energy security benefits of natural gas development, but said the specific recommendations were disappointing and confusing.
El Paso Corp. to spin off E&P business in 2011
Natural gas company El Paso Corp. said Thursday that it had taken important steps related to the planned spinoff of its E&P business before year-end 2011. On Thursday, El Paso filed its initial Form 10 with the US Securities and Exchange Commission. This filing provides information about the spinoff and provides a detailed look at all aspects of the E&P business.
W&T closes deal for Shell offshore field in US Gulf, nearby gas processing plant
W&T closes deal for US Shell offshore fields, gas processing plant W&T Offshore has closed its acquisition of Shell’s 64.3% interest in the Fairway Field along with a 64.3% interest in the associated Yellowhammer gas processing plant, with an effective date of September 1, 2010.
ExxonMobil grants license for gas pipeline welding technology to Nippon Steel
ExxonMobil has granted Nippon Steel the world’s first license for patented field welding technology used to construct high-pressure pipelines made with X120 ultra high-strength steel linepipe, company officials said on Wednesday.
US shale plays spark Q2 increase in oil, gas deals
Ongoing interest in shale acreage, deals for midstream assets and increased investments from foreign buyers in the US oil and gas industry helped drive US oil and gas mergers and acquisitions (M&A) value to $39 billion in the second quarter of 2011, according to a quarterly report from accounting firm PricewaterhouseCoopers (PwC).
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