Wednesday, January 16, 2013

PennEnergy's Oil & Gas News


Alaska looks to Japan to sell natural gas
Alaska hopes to increase its natural gas exports to Japan.
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TransCanada to build new LNG pipeline
A $5.1 billion natural gas pipeline that will transport liquefied natural gas off Canada's West Coast will be built by TransCanada Corp., the builder of the Keystone XL oil pipeline.
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ConocoPhillips agrees to sell Cedar Creek Anticline properties
The agreement is worth $1.05 billion before customary adjustments.
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Strong interest in further exploration of Norwegian continental shelf
The Ministry of Petroleum and Energy is offering shares in 51 new production licenses to 40 companies in connection with the 2012 Awards in Predefined Areas.
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GE Oil & Gas wins multi-million dollar Petrobras contract
GE Technology will be used on 4 new FPSOs, all of them for the Santos Basin.
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Frontier Energy Group acquires Canary Wellhead
The acquisition expands the company beyond the Bakken shale play into all major shale oil plays.
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Expro celebrates Middle East success with enhanced growth
Expro has announced a highly successful year for activity in the Middle East and anticipates further strong growth in 2013.
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Enterprise to provide marine transportation for ExxonMobil subsidiary
Enterprise is committing five tugs and 10 barges for the transportation of refined products and other hydrocarbon products along the nation’s inland waterway system.
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