More than 700,000 barrels of crude oil storage capacity and other infrastructure will be built through the roughly-$95 million project, supported by a long-term commitment with a major refiner.
Total SA talks sale of Frigg pipeline network to ArcLight Capital Partners, two people familiar with private matter told Bloomberg. Frigg takes U.K. North Sea gas to St. Fergus, Scotland.
Freestone Dynamis Energy Products LLC, formed after more than year of strategy development, will produce Petrozene additive for tanker sludge, paraffin problems, storage tank maintenance and other issues.
Enbridge Income Fund Holdings Inc. will buy Enbridge Inc.’s Canadian liquids pipeline business and some renewable energy assets for C$30.4 billion (US$24.8 billion), Bloomberg said.
ExxonMobil’s full interest in MOEM Pipeline LLC, and the 80% interests in Collins Pipeline Co. and T&M Terminal Co., are also being purchased under an agreement between ExxonMobil and PBF.
KNOT Offshore Partners LP acquired ownership interests in owner and operator of shuttle tanker operates offshore Brazil under charter with Petrobras Transporte SA.
Tidewater Midstream and Infrastructure Ltd. entered an agreement with private company vendors to acquire their 63% operated working interest in a West Pembina, Alberta, gas processing facility and pipelines.
Shell Chemical Appalachia LLC has not made a final decision on whether to build an ethane cracker plant on site of Horsehead Corp.’s former zinc smelter in Beaver County, Pa.
Seventy received $42 million for the sale of Hodges to an Aveda Transportation subsidiary. Hodges currently operates and owns about 900 pieces of rig moving and heavy haul equipment.
Willbros has retained Greenhill & Co. LLC to represent the company and manage the sale process.
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