June 27, 2018

P.H.P., Dynamite! - Kinder Morgan and EagleClaw Midstream's Proposed Permian Highway Gas Pipeline

Permian natural gas fundamentals were rocked with some major infrastructure news on Monday, when Kinder Morgan announced its plans to build the 2-Bcf/d Permian Highway Pipeline (PHP) from Waha to the Texas Gulf Coast. The announcement revealed that EagleClaw Midstream, a Blackstone Energy Partners portfolio company, has signed a letter of intent to become a 50% owner in the project and commit natural gas volumes to the pipeline. Adding firepower

Disposal of Chergui Asset

Petrofac has agreed the sale of its entire 45% interest in the Chergui asset in Tunisia to Perenco. This sale marks another milestone in the Group’s strategy to transition back to a capital light busi… Gulfoilandgas.com Africa News