New News information at Hydrocarbons Technology New and updated information from News listed on www.hydrocarbons-technology.com http://www.hydrocarbons-technology.com/ en-us http://www.hydrocarbons-technology.com/ New News information at Hydrocarbons Technology http://www.hydrocarbons-technology.com/content/images/logo_big.gif GE Oil & Gas selected as supplier for Rio Grande LNG project in Texas http://www.hydrocarbons-technology.com/news/newsge-to-supply-gas-turbine-and-compressor-equipment-for-nextdecades-lng-projects-in-texas-5797770 http://www.hydrocarbons-technology.com/news/newsge-to-supply-gas-turbine-and-compressor-equipment-for-nextdecades-lng-projects-in-texas-5797770 GE Oil & Gas has been selected by NextDecade as the exclusive supplier of gas turbine and compressor equipment for its liquefied natural gas (LNG) export projects and associated pipelines in Texas, US. Wed, 26 Apr 2017 23:00:00 GMT Rockhopper Exploration starts drilling on Abu Sennan Concession in Egypt http://www.hydrocarbons-technology.com/news/newsrockhopper-exploration-starts-drilling-process-in-egypt-based-exploration-well-5797744 http://www.hydrocarbons-technology.com/news/newsrockhopper-exploration-starts-drilling-process-in-egypt-based-exploration-well-5797744 Rockhopper Exploration, alongside partner Kuwait Energy, has started a new drilling programme on the Abu Sennan Concession in Egypt. Wed, 26 Apr 2017 23:00:00 GMT Anadarko Petroleum shuts down 3,000 wells in Colarado http://www.hydrocarbons-technology.com/news/newsanadarko-petroleum-shuts-down-3-000-wells-in-colarado-5798501 http://www.hydrocarbons-technology.com/news/newsanadarko-petroleum-shuts-down-3-000-wells-in-colarado-5798501 Oil and natural gas exploration and production company Anadarko Petroleum has shut down 3,000 vertical gas wells across north-east Colorado in the aftermath of a fire tragedy in the town of Firestone that claimed the lives of two people. Wed, 26 Apr 2017 23:00:00 GMT Germany’s Bentec to foray into North American oilfield equipment market http://www.hydrocarbons-technology.com/news/newsgermanys-bentec-to-foray-into-north-american-oilfield-equipment-market-5797189 http://www.hydrocarbons-technology.com/news/newsgermanys-bentec-to-foray-into-north-american-oilfield-equipment-market-5797189 German drilling rig supplier Bentec has been awarded a contract by North American onshore drilling contractor Xtreme Drilling for the supply of three major drilling equipment packages. Tue, 25 Apr 2017 23:00:00 GMT Pengrowth Energy to sell remaining Swan Hills assets in Canada for $185m http://www.hydrocarbons-technology.com/news/newspengrowth-energy-to-sell-remaining-swan-hills-assets-in-canada-5797383 http://www.hydrocarbons-technology.com/news/newspengrowth-energy-to-sell-remaining-swan-hills-assets-in-canada-5797383 Canadian-based oil and natural gas company Pengrowth Energy has reached an agreement to sell the remaining portion of its Swan Hills assets in North Central Alberta. Tue, 25 Apr 2017 23:00:00 GMT European energy firms sign financing agreements for Nord Stream 2 gas pipeline http://www.hydrocarbons-technology.com/news/newseuropean-energy-firms-sign-financing-agreements-for-nord-stream-2-gas-pipeline-5797250 http://www.hydrocarbons-technology.com/news/newseuropean-energy-firms-sign-financing-agreements-for-nord-stream-2-gas-pipeline-5797250 European companies Shell, ENGIE, OMV, Uniper and Wintershall have signed financing agreements with Nord Stream 2, which is responsible for the construction and operation of Nord Stream 2 gas pipeline project. Tue, 25 Apr 2017 23:00:00 GMT Condor Petroleum provides operations update on Poyraz Ridge gas field in Turkey http://www.hydrocarbons-technology.com/news/newscondor-petroleum-provides-an-operations-update-for-gas-field-in-turkey-5795058 http://www.hydrocarbons-technology.com/news/newscondor-petroleum-provides-an-operations-update-for-gas-field-in-turkey-5795058 Condor Petroleum has announced that construction of the Poyraz Ridge 15 million square cubic feet a day (mmscfd) gas processing facility in Turkey is proceeding to schedule, with the first gas being targeted mid-year. Mon, 24 Apr 2017 23:00:00 GMT Schlumberger invests in Meridja and Tendrara relinquished areas onshore Morocco http://www.hydrocarbons-technology.com/news/newssound-energy-signs-binding-heads-of-terms-with-schlumberger-5795641 http://www.hydrocarbons-technology.com/news/newssound-energy-signs-binding-heads-of-terms-with-schlumberger-5795641 African and European upstream gas company Sound Energy has signed a binding heads of terms agreement with global oilfield services company Schlumberger. Mon, 24 Apr 2017 23:00:00 GMT C6 Technologies' ComTrac system now in operation http://www.hydrocarbons-technology.com/news/newsc6-technologies-comtrac-system-now-in-operation-5795037 http://www.hydrocarbons-technology.com/news/newsc6-technologies-comtrac-system-now-in-operation-5795037 C6 Technologies' new ComTrac system is undergoing field trials following extensive test well runs. Mon, 24 Apr 2017 23:00:00 GMT MMEX Resources forms strategic relationship with Trinity Consultants http://www.hydrocarbons-technology.com/news/newsmmex-resources-forms-strategic-relationship-with-trinity-consultants-5793913 http://www.hydrocarbons-technology.com/news/newsmmex-resources-forms-strategic-relationship-with-trinity-consultants-5793913 MMEX Resources has announced a strategic relationship with environmental consulting firm Trinity Consultants. Sun, 23 Apr 2017 23:00:00 GMT Patterson-UTI Energy completes merger with Seventy Seven Energy http://www.hydrocarbons-technology.com/news/newspatterson-uti-energy-closes-merger-with-seventy-seven-energy-5793930 http://www.hydrocarbons-technology.com/news/newspatterson-uti-energy-closes-merger-with-seventy-seven-energy-5793930 Patterson-UTI Energy has completed its merger with Seventy Seven Energy in an all-stock transaction. Sun, 23 Apr 2017 23:00:00 GMT Reliance Industries begins commercial production of coal bed methane in Sohagpur, India http://www.hydrocarbons-technology.com/news/newsreliance-industries-begins-commercial-production-of-coal-bed-methane-in-sohagpur-india-5794235 http://www.hydrocarbons-technology.com/news/newsreliance-industries-begins-commercial-production-of-coal-bed-methane-in-sohagpur-india-5794235 Reliance Industries (Reliance) began commercial production from its Coal Bed Methane (CBM) block SP (West)-CBM-2001/1 last month, and is currently supplying CBM for commissioning the Shahdol Phulpur Pipeline (SHPPL). Sun, 23 Apr 2017 23:00:00 GMT Razor Energy signs agreement to acquire strategic light oil assets in Alberta http://www.hydrocarbons-technology.com/news/newsrazor-energy-signs-agreement-to-acquire-strategic-light-oil-assets-in-alberta-5793134 http://www.hydrocarbons-technology.com/news/newsrazor-energy-signs-agreement-to-acquire-strategic-light-oil-assets-in-alberta-5793134 Razor Energy has signed an agreement to acquire strategic assets in west-central Alberta, Canada, in a deal valued at $9.6m in cash. Thu, 20 Apr 2017 23:00:00 GMT Report: Americas leads global upstream M&A activity in March 2017 http://www.hydrocarbons-technology.com/news/newsreport-americas-leads-the-global-upstream-ma-activity-in-march-2017-5792211 http://www.hydrocarbons-technology.com/news/newsreport-americas-leads-the-global-upstream-ma-activity-in-march-2017-5792211 The Americas region witnessed the highest upstream merger and acquisition (M&A) activity globally in March 2017, according to a report by GlobalData. Thu, 20 Apr 2017 23:00:00 GMT Deals this week: Brookfield Business Partners, Parkland Fuel Corporation, Ring Energy http://www.hydrocarbons-technology.com/news/newsdeals-this-week-brookfield-business-partners-parkland-fuel-corporation-ring-energy-5793021 http://www.hydrocarbons-technology.com/news/newsdeals-this-week-brookfield-business-partners-parkland-fuel-corporation-ring-energy-5793021 Brookfield Business Partners has agreed to buy 100% interest in the gas station network of Loblaw Companies for a purchase consideration of $404.5m. Thu, 20 Apr 2017 23:00:00 GMT Northern Territory to fund feasibility study into second Darwin LNG train http://www.hydrocarbons-technology.com/news/newsnorthern-territory-to-fund-feasibility-study-into-second-darwin-lng-train-5793099 http://www.hydrocarbons-technology.com/news/newsnorthern-territory-to-fund-feasibility-study-into-second-darwin-lng-train-5793099 The Northern Territory government has announced a contribution of $250,000 towards a feasibility study into the potential expansion of ConocoPhillips’ Darwin Liquified Natural Gas (DLNG), which could create thousands of jobs in the region. Thu, 20 Apr 2017 23:00:00 GMT M&As this week: Harmony Merger, Indorama Ventures, Ektos-Volga http://www.hydrocarbons-technology.com/news/newsmas-this-week-harmony-merger-indorama-ventures-ektos-volga-5792859 http://www.hydrocarbons-technology.com/news/newsmas-this-week-harmony-merger-indorama-ventures-ektos-volga-5792859 Harmony Merger has agreed to acquire NextDecade in a reverse takeover transaction, involving payment of an additional $200m of contingent stock consideration to NextDecade upon accomplishment of certain milestones. Thu, 20 Apr 2017 23:00:00 GMT KBR to provide engineering and construction management services to Chevron Indonesia http://www.hydrocarbons-technology.com/news/newskbr-signs-contract-with-chevrons-indonesian-division-to-provide-engineering-and-construction-management-services-5791854 http://www.hydrocarbons-technology.com/news/newskbr-signs-contract-with-chevrons-indonesian-division-to-provide-engineering-and-construction-management-services-5791854 KBR has been awarded a five-year contract by PT Chevron Pacific Indonesia for engineering, project and construction management services for Chevron's operating fields in Sumatra, Indonesia. Wed, 19 Apr 2017 23:00:00 GMT NextDecade signs definitive merger agreement with Harmony http://www.hydrocarbons-technology.com/news/newsnextdecade-signs-definitive-merger-agreement-with-harmony-5791925 http://www.hydrocarbons-technology.com/news/newsnextdecade-signs-definitive-merger-agreement-with-harmony-5791925 NextDecade has signed a definitive agreement with Harmony Merger for a business combination transaction. Wed, 19 Apr 2017 23:00:00 GMT California Resources forms JV with Macquarie to invest up to $300m in oil and gas properties http://www.hydrocarbons-technology.com/news/newscalifornia-resources-forms-jv-with-macquarie-to-invest-up-to-300m-in-oil-gas-properties-5791806 http://www.hydrocarbons-technology.com/news/newscalifornia-resources-forms-jv-with-macquarie-to-invest-up-to-300m-in-oil-gas-properties-5791806 California Resources has set up a strategic joint venture with Macquarie Infrastructure and Real Assets (MIRA), in which MIRA has committed to fund $160m for the development of oil and gas properties in California, with a focus on development opportu… Wed, 19 Apr 2017 23:00:00 GMT