
Eni sells stake in TAG pipeline
Eni has agreed to sell its 89% stake in the TAG pipeline to Cassa depositi e prestiti Spa for a total of 675 million euros.
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Eni has agreed to sell its 89% stake in the TAG pipeline to Cassa depositi e prestiti Spa for a total of 675 million euros.

Total is to sell its entire stake in Gassled to Silex Gas Norway AS, a wholly owned subsidiary of Allianz, for a price of NOK 4.64 billion (approximately US$ 870 million).

Equistar Chemicals, LP, a subsidiary of LyondellBasell, has signed an agreement to purchase approximately 200 miles of pipeline near Houston from BP.

Statoil ASA has decided to divest a 24.1% direct and indirect stake in Gassled joint venture (jv) for US$ 3.25 billion. Following this transaction, Statoil will continue to own 5.0% in the jv.

PETRONAS has formed a partnership with Progress Progress Energy Resources Corporation to develop the Altares, Lily and Kahta shale gas assets in northeastern British Columbia.

KBR has been chosen by Curtis Island LNG and Asia Pacific LNG to design three massive 42 in. gas pipelines to carry coal seam gas to the Curtis Island terminal from inland gasfields in Queensland, Australia.

McDermott International, Inc. announced today that one of its subsidiaries was awarded a contract by PEMEX Exploración y Producción for procurement, construction and installation of three oil and gas pipelines ranging from 8 to 20 in. in diameter, in Mexico’s Bay of Campeche.

Laura Severs, Edmonton Economic Development Corporation, Canada, discusses the Edmonton service area and its growing status as the world’s most politically stable oil reserves.

The US Department of Energy has issued a conditional authorisation approving an application to export 803 billion ft3/ yr of LNG from the Sabine Pass LNG Terminal in Louisiana.

Nestoil has reached several key milestones on its construction of the Nembe Creek-Cawthorne Channel Trunkline (NCTL) Replacement Project in Nigeria.

Nacap sold to Habau; business efforts to be combined.

Total and ExxonMobil have signed a partnership for the exploration of shale gas in two licensing areas in the Lublin Basin in South eastern Poland.