Darren
Barbee
Oil and Gas Investor
Golar LNG Enters $1.6B EPC Agreement for FLNG Project
Golar said the floating LNG vessel has a liquefaction capacity of 3.5 million tons of LNG per annum and is expected to be delivered in fourth-quarter 2027.
Bayou Midstream Secures New Equity Commitment from EIV Capital
Bayou Midstream II’s commitment from EIV Capital follows Bayou’s predecessor company's successful exit of Bakken infrastructure in 2024 to Bridger Pipeline.
Energy Transfer Says La Porte Pipeline Fire is Burning Itself Out
Analysts said they suspect that the pipeline is Energy Transfer’s Justice pipeline, and that news of the blaze has sent prices of propane and butane up since markets closed on Sept. 13.
AltaGas Prices $900MM Junior Notes Offer After Tidewater Deal
The offering follows AltaGas’ Aug. 31 announcement that it acquired multiple midstream, storage and terminals from Tidewater Midstream and Infrastructure Ltd. for CA$650 million (US$480 million).
Moss Lake Picks Wood to Design DeLa Express NatGas Project
Moss Lake Partners has selected British engineering firm Wood to design the 645-mile DeLa Express pipeline.
Energy Transfer Confirms La Porte Fire, Report of 'Unknown' Vehicle
Energy Transfer acknowledged reports of a vehicle striking a valve on a natural gas liquids line, potentially leading to a large fire in La Porte, Texas, on the morning of Sept. 16.
Apollo to Buy $1B Stake in BP’s Trans Adriatic Pipeline
Apollo will purchase the non-controlling interest from BP subsidiary BP Pipelines TAP Ltd. for $1 billion as the oil major continues to make progress on a divestment target of up to $3 billion.
Mattr Sells Brazilian Pipe Coating Business to Vallourec for $17.5MM
Vallourec Tubular Solutions will acquire 100% of the shares of Thermotite, Mattr’s last remaining pipe coating business.
Enbridge to Renew Application for Line 5 NGL, Oil Pipeline Project
Opponents of Enbridge’s Line 5 project say the move is positive and will allow more time for the project to meet environmental and legal concerns.
Tidewater Midstream Completes $122MM Strategic Transaction
Tidewater Midstream and Infrastructure purchased assets from its renewables-focused subsidiary Tidewater Renewables.