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Howard Energy Acquires Eagle Ford shale midstream assets

HEP will be able to provide midstream services through its newly acquired subsidiaries, Texas Pipeline and Bottom Line Services. Both subsidiaries operate primarily in the Eagle Ford Shale in South Texas.

 
 
 
 

The glass ceiling

Hays Oil and Gas have found that the majority of people do not believe that companies do enough to promote women into senior management positions.

 
 
 
 

Petrobras has awarded GE a US$ 200 million subsea contract

GE Oil & Gas has announced that its Wellstream business, acquired in March, has been awarded a long-term, flexible pipe and subsea equipment logistics services contract by Petrobras). The long-term contract is initially valued in excess of US$ 200 million.

 
 

Shell Nigeria declares force majeure on Bonny Light loadings

Shell Petroleum Development Company of Nigeria Limited (SPDC) has declared a force majeure for June and July 2011 on Bonny Light loadings as a result of damaged pipelines. The production deferment will affect loadings at the Bonny terminal and came into affect at 12 am on June 13th.

 
 

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.