Oil & gas news

InterOil and Pacific LNG announced the signing of a Heads of Agreement (HOA) with Noble Clean Fuels Ltd. a wholly owned subsidiary of Noble Group Limited, for the supply of 1 million tpa of LNG from the Gulf LNG Project in Papua New Guinea.

ABB has won an order worth around US$ 1 billion from the Dutch-German transmission grid operator TenneT to supply a power link connecting offshore North Sea wind farms to the German mainland grid.

API CEO releases a statement in support of budget negotiators of the bipartisan debt ceiling bill, which passed through Congress on August 2nd.

Costain isto provide cryogenic expertise on FEED study for FLEX LNG’s fixed floating LNG production project for operations in Papua New Guinea.

Technip has officially launched its Offshore Wind business, the Aberdeen office will act as a ‘centre of engineering excellence’ and will support the UK and other European offshore wind projects.

Penn Virginia Corp. is to sell all of its Arkoma Basin properties, together with certain other Mid-Continent properties, to an undisclosed buyer for US$ 30.5 million in cash.

Multiphase simulation can improve performance of oil and gas separation equipment.

A quick round up of recent downstream news from the Americas.

ConocoPhillips today announced approval of the final investment decision for the initial train of a two train LNG 9 million tpa project by Australia Pacific LNG in Queensland, Australia.

Holly Energy Partners has announced two expansion projects to provide 60,000 bpd of additional crude pipeline take-away capacity resulting from increased Delaware Basin drilling activity in southeast New Mexico.