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Gas Processing/LNG

Statoil withdraws from ownership in Swiss gas-to-liquids licensing venture

Statoil will withdraw from ownership and management roles with gas-to-liquids venture company GTL.F1, saying it does not see licensing of GTL technology as part of its core business.

Chevron inks Australia LNG supply deal with Japan refiner JX Nippon

An Australian subsidiary of Chevron has signed a sales and purchase agreement with Japan’s JX Nippon Oil and Energy for a portion of Chevron's offtake of liquefied natural gas (LNG) from the Gorgon project.

BP/Davy select EPC firms CB&I, Jacobs and Shaw for Fischer Tropsch deployment

BP and Davy Process Technology announced collaborations with three EPC contractors to promote the commercialization of the BP/Davy Fischer Tropsch process.

Nuevo Midstream to restart Texas natural gas processing plant

Nuevo Midstream said on Monday that with the addition of a recent 6,500-acre dedication in the Avalon Shale trend, the company has sufficient acreage, volume and well commitments to recommission its refrigerated JT processing plant and fractionator near Orla, Texas.

LINN Energy inks $220mn deal for oil, natural gas assets in Texas, Oklahoma

LINN Energy announced on Monday that it signed an agreement with Panther Energy and Red Willow Mid-Continent to acquire 40% of their oil and natural gas properties located in Ochiltree and Lipscomb Counties, Texas and Ellis County, Oklahoma for $220mn, subject to closing conditions.

Kinder Morgan buys $920mn in US shale assets, will build $220mn crude/condensate pipeline

Kinder Morgan Energy Partners (KMP) has agreed to pay approximately $855mn to Petrohawk Energy and assume approximately $65 million in debt for Petrohawk’s 50% interest in KinderHawk Field Services (the natural gas gathering and treating services provider in the Haynesville Shale) and a 25% interest in Petrohawk’s natural gas gathering and treating business in the Eagle Ford Shale.

New NGL fractionation facility to be built in Mont Belvieu, Texas

Energy Transfer Partners (ETP) and Regency Energy Partners will construct a 100,000 bpd natural gas liquids (NGL) fractionation facility at Mont Belvieu, Texas, through their Lone Star NGL joint venture.

El Paso Corp. to expand natural gas system

El Paso Corp. said that its subsidiary, El Paso Natural Gas Company (EPNG), has successfully closed companion open seasons and signed long-term agreements to expand its system.

Chevron to buy new US acreage in Marcellus Shale

Chevron has agreed to buy 228,000 net leasehold acres in the Marcellus Shale from Chief Oil & Gas and Tug Hill Inc., expanding its position in the rapidly growing US shale play.

Technip awarded engineering contract for Australia gas complex

Technip was awarded a reimbursable contract for engineering work and services related to procurement and construction management for the Macedon gas project located near Onslow in northwest Australia.