Daily Archives: May 16, 2016

SandRidge files petitions under Chapter 11

Rate this article SandRidge Energy Inc., Oklahoma City, has filed petitions under Chapter 11 in the US Bankruptcy Court for the Southern District of Texas. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest

Targa lets contract for Channelview condensate splitter

Rate this article Targa Terminals LLC, a subsidiary of Targa Resources Corp., Houston, has let a contract to KP Engineering LP (KPE), Tyler, Tex., to provide services related to construction of a previously proposed 35,000-b/d crude oil and condensate splitter at its Channelview, Tex., terminal on the Houston Ship Channel (HSC). Read Full Article Here…

Forum pig launchers head to North Africa

Rate this article Forum Energy Technologies has delivered subsea pig launchers and receivers and laydown heads to an unnamed project offshore North Africa. Read Full Article Here For more great articles: Offshore RSS Feed

BP increases stake in Culzean in the North Sea

Rate this article BP has doubled its interest in the Maersk Oil-operated Culzean development in the UK central North Sea to 32% after acquiring an additional 16% from JX Nippon. Read Full Article Here For more great articles: Offshore RSS Feed

Inpex-led Ichthys LNG project marks another milestone

Rate this article The Inpex Corp.-operated Ichthys LNG project has reached another milestone with completion of the prelaying of the 77-km chain and mooring system near Ichthys gas-condensate field in the Browse basin offshore Western Australia. Read Full Article Here For more great articles: Oil & Gas Journal – Transportation

New York attorney general asks FERC to review pipeline authorization

Rate this article New York Atty. Gen. Eric T. Schneiderman (D) asked the US Federal Energy Regulatory Commission to investigate whether Constitution Pipeline’s construction along portions of its right-of-way in the Empire State violated federal law, regulations, and authorizations. Read Full Article Here For more great articles: Oil & Gas Journal – Transportation

Statoil farms into licenses on Turkey’s Thrace basin

Rate this article Statoil Holding Netherlands BV, a wholly owned unit of Statoil ASA, has agreed to take 50% interest in two licenses in the Thrace region of the European northwestern portion of Turkey from Calgary-based Valeura Energy Inc. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest

MARKET WATCH: NYMEX oil prices drop modestly, stay above $46/bbl

Rate this article Light, sweet crude prices dropped moderately on the New York market May 13, holding above $46/bbl after a volatile week. Meanwhile, analysts appeared somewhat optimistic about the possibility of $50/bbl oil later this year. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest

DoE: Cheniere exported 11.5 Bcf of domestically produced LNG in Q1

Rate this article By LNG World News The United Stated Department of Energy recently informed that during the first quarter of 2016, Cheniere’s Sabine Pass export facility shipped 11.5 billion cubic feet of domestically produced LNG. The first cargo was shipped to Brazil on February 24, marking the start of exports of the U.S. shale…