TC Energy's CAN$1 billion pipeline stake sale delayed
TC Energy's CAN$1 billion deal to sell a minority stake in its Canadian natural gas pipeline system to a consortium of Indigenous communities has been delayed, reports Reuters.
TC Energy's CAN$1 billion deal to sell a minority stake in its Canadian natural gas pipeline system to a consortium of Indigenous communities has been delayed, reports Reuters.
CruxOCM, a provider of co-pilot technology for the energy sector, has announced that Delek Logistics Partners, a prominent player in the energy industry, has chosen CruxOCM for its control centre operations automation.
Last week鈥檚 acquisitions are likely to be a prelude to more M&A in the midstream sector, says Bloomberg News.
The overall value of the two contracts is approximately US$1 billion.
ICR Group, together with its regional partners, has secured US$3.5 million in contracts in the Middle East over the past four months.
Shell Pipeline Company LP and Triton West LLC, respective subsidiaries of Shell USA, Inc., have agreed to sell their 100% interest in the Sinco pipeline system and Colex terminal to a subsidiary of Edgewater Midstream.
In a deal valued at US$5.9 billion, the company will acquire a 43% interest in EnLink Midstream from GIP and GIP鈥檚 equity interests in Medallion Midstream.
The contracts in offshore East Malaysia marks a milestone in the expansion of its critical pipeline and subsea activities.
Asia recorded most of the contracts, with 464 contracts in 2Q24, followed by Europe and North America with 368 and 343 contracts, respectively, says GlobalData.
The infrastructure, situated in Eddy and Lea counties in New Mexico, includes both high and low-pressure gas pipelines says GlobalData.
Kent is awarded a three year EFA by Shell.
The contract is for the Murlach development located 240 km east of Aberdeen and it encompasses the EPCI of subsea pipelines and production systems.
The deal marks the largest commercial award for pipe supply in the company鈥檚 16 year history and a first project in the Brazilian pre-salt.
Sulmara awarded funding to develop OTH USV.
The contract mandates Dar to deliver a range of services for Aramco's current and forthcoming initiatives.