Woodside is also accelerating plans to build a pipeline to move gas from its Scarborough development.
A Carlyle fund and Diamondback will jointly invest $620 million to develop the assets in the San Pedro area of Pecos County, Texas, within the Southern Delaware Basin.
The announcement comes after an initial deployment of POA proved the technology could help prevent unplanned downtime at BP’s Atlantis platform in the GoM.
The partnership includes an option for American Midstream to acquire a 25% interest in Enterprise’s Pascagoula natural gas processing plant located in Mississippi.
Plains All American Pipeline LP, Magellan Midstream Partners LP and OMERS have entered into a definitive agreement whereby Plains and Magellan will collectively sell a 50% interest in BridgeTex Pipeline Co. LLC for $1.438 billion.
Morgan Stanley report examines which stocks are best positioned to benefit from monetization trend.
S.T.L. Resources, an independent oil and gas company focused on Appalachian Basin assets, announced it recently closed on a strategic partnership with an affiliate of UGI Energy Services.
ExxonMobil signs a letter of intent; XTO Energy to be a shipper on pipeline.
Altus Midstream will open with a market value of $3.5 billion as it becomes a power player in the Permian Basin.
Franco-Nevada will pay Continental about $220 million for a stake in a newly-formed subsidiary focused on minerals acquisitions in Oklahoma's Scoop and Stack shale plays.