Monday, May 12, 2014

PennEnergy's Oil Headlines 5/12

Today's Headlines
Regency to build new gas processing facility and pipeline in Louisiana
Regency Energy Partners plans to invest $260 million to construct an additional processing facility and natural gas liquids (NGL) pipeline at the company's Dubberly plant in north Louisiana.
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Alaska Governor signs bill to advance natural gas pipeline
SB 138 advances a large-diameter Alaska natural gas pipeline project and empowers Alaska to become an owner in the Alaska LNG Project.
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Apache to sell offshore development projects in Gulf of Mexico
Apache announced that its Gulf of Mexico subsidiary will sell non-operated interests in the Lucius and Heidelberg development projects.
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GE announces introduction of “20 ksi” deepwater drilling systems
GE completely reengineers new deepwater BOP’s components to handle harsh subsea conditions.
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APPEA: Resources royalty impost a poor choice for Queensland
APPEA says The Queensland Government should immediately rule out any measure under consideration that would impose a significant burden on the natural gas industry.
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Braemar Engineering to oversee LNG carrier construction
Braemar Engineering will oversee the building of six LNG carriers, from design to delivery, with completion of the project anticipated at the end of 2016.
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Offshore oil discovery for Statoil near the Gimle field
The Gimle field is located between the Gullfaks and Visund fields in the northern part of the North Sea.
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Santos Basin offshore oil discovery confirmed for Petrobras
Petrobras has completed drilling the last exploratory well under the Rights Transfer agreement in the Santos Basin pre-salt.
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Ithaca updates offshore exploration operations
Ithaca Energy provides an update regarding Greater Stella Area operations.
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