US pipeline news
Hedge funds make rival takeover bid for Martin Midstream
Hedge funds Nut Tree Capital Management and Caspian Capital said they have made an offer for Martin Midstream Partners, aiming to scuttle a bid from the largest shareholder to buy it out says Reuters.
GlobalData: Permian Basin shale production to remain strong
Europe’s strategic shift away from Russian energy exports is anticipated to benefit US shale oil and gas drillers.
Woodside Energy awards Trion offshore project to Corinth Pipeworks
Contract is for the manufacture and supply of HFW steel pipes.
Rystad Energy: oil update 9 July 2024
The narrow balance between supply and demand suggests that stock levels will decrease in 2H24.
Elevation Midstream and ARB Midstream subsidiary merge
Elevation Midstream and ARB Midstream subsidiary merge to create premier growth-oriented DJ basin midstream company.
FET to supply electric observation-class ROV for ocean research
FET has secured a contract to supply an electric observation-class ROV, further reinforcing its commitment to exploring the deep sea.
PLIDCO awarded Best in Supplier Performance at the OTC
PLIDCO received the Aramco Americas 2024 Best in Supplier Performance award at the OTC in Houston.
Biden-Harris administration announces US$200 million in grants to fix ageing natural gas pipes
PHMSA solicits grant applications for nearly US$200 million for infrastructure safety.
ONEOK completes acquisition of Gulf Coast NGL system
This latest acquisition accelerates commercial synergies for ONEOK.
Some Colonial Pipeline owners explore stake sales at US$10 billion
Some of Colonial Pipeline's owners are exploring divesting their stakes, hoping they can fetch prices that would value the largest U.S. fuel transportation system in excess of US$10 billion, says Reuters.