Gas Processing/LNG
TransCanada acquires Guadalajara LNG pipeline in Mexico for $360mn
TransCanada announced that its $360 million acquisition of the Guadalajara pipeline in Mexico has been completed. The entire capacity of the 307-kilometre (192-mile), 30-inch-diameter pipeline is held under a 25-year contract with Comision Federal de Electricidad (CFE), Mexico's state-owned electric company.
US law firms to investigate claims against merger of Energy Transfer, Southern Union
US-based Briscoe Law Firm, founded by a former state prosecutor and enforcement attorney for the US Securities and Exchange Commission, and the securities litigation law firm of Powers Taylor are investigating potential legal claims against the board of directors of Southern Union related to the company’s takeover by Energy Transfer.
IEA sees increasing natgas use, warns of high oil prices curbing demand
Annual growth in oil demand could average 1.2 million barrels per day (mb/d) between now and 2016, while natural gas demand could grow by around 500 billion cubic meters – around 2.5 times Russia’s current gas exports – during the same time, according to the International Energy Agency’s (IEA) medium-term oil and gas market outlook.
Energy Transfer to buy Southern Union for $4.2bn, form leading US pipeline company
Energy Transfer (ETE) and Southern Union (SUG) have entered into a merger agreement whereby ETE will buy Southern Union for $7.9 billion, including about $3.7 billion in debt, creating one of the top integrated midstream companies in the US natural gas pipeline industry.
Argentina opens nation's second LNG import facility
Argentina’s second LNG import facility GNL Escobar (GNLE) - a joint development between YPF S.A., ENARSA and Excelerate Energy – has officially opened for business, officials said on Thursday.
Shaw completes new natgas-fired US power plant
The Shaw Group said Wednesday that it completed construction of a new, 500-megawatt nominal combined-cycle natural gas-fired plant for NV Energy at the existing Harry Allen Generating Station north of Las Vegas.
Air Products buys US semiconductor equipment firm Poly-Flow Engineering
Air Products has acquired the business of Poly-Flow Engineering (PFE), a manufacturer of equipment for the semiconductor industry based in Albuquerque, N.M. Terms of the deal with PFE and its owner Ktech Corporation were not disclosed.
LNG consortium to build France regasification plant
Engineering firms SENER and Techint have signed a contract with EDF to develop a regasification plant in Dunkerque, France. The firms were awarded the EPC contract as part of the TS LNG consortium made up of SENER and Techint. Specific figures were not disclosed.
Linde to build top air separation unit in Indonesia
The technology group The Linde Group said it closed a long-term deal to supply Indonesian steel corporation PT. Krakatau POSCO (PTKP) with industrial gases. Linde will invest around €88mn in constructing the country’s largest air separation unit (ASU) at Cilegon, around 100 kilometres west of Jakarta, it said.
Delta Rigging strikes deal to expand Bakken shale presence in North Dakota
Delta Rigging & Tools (DR&T), a leading US provider of lifting and rigging products, announced on Monday that it acquired North Dakota-based Grizzly Wire Rope & Chain.
- Ducor Petrochemicals, Blue Circle Olefins partner to create a fully circular supply chain for polypropylene 11/18
- World's first: Air Liquide’s innovative technology converts ammonia into hydrogen at industrial scale 11/18
- Borouge to supply advanced polyolefin solutions for next-generation vehicles 11/18
- ASTM International signs MoU with Gulf Cooperation Council Laboratory Company for Technical Services (GCC Lab TSCo.) 11/18
- KBC launches Visual MESA Energy Management System 7.3 11/18
- MHI Compressor secures steam turbine contract at Baton Rouge (U.S.) olefins plant 11/18
