Caterpillar to buy Weir Oil & Gas

Caterpillar Inc has signed an agreement to acquire the oil and gas division of the Weir Group Plc, a Scotland-based global engineering business.   Headquartered near Fort Worth, Texas, Weir Oil & Gas produces a full line of pumps, flow iron, consumable parts, wellhead and…

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Rolls-Royce to deliver gas power plant for Dhamra LNG

Rolls-Royce has signed a contract with Dhamra LNG Terminal Pvt Ltd (DLTPL) for the complete engineering, procurement and construction (EPC) and delivery of a 29 MW gas-based power plant for an Indian LNG terminal.   DLTPL is a joint venture between Indian multinational conglomerate Adani…

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Winter Severity Doubts Add to Wild US Gas Price Swings

Rollercoaster moves in the US natural gas market over the past few weeks are underscoring traders’ uncertainty about whether a frigid winter, muted output and rebounding demand will send prices rocketing higher in the coming months.   Gas futures settled more than 7% higher on…

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Energean acquiring multi-purpose vessel for Karish offshore Israel

Energean Israel has an agreement to purchase a field support vessel from Prime Marine Energy for US$33.25 million.   The vessel is under construction to Energean’s specifications and will provide support to the Karish gas/condensate development in the Israeli sector of the Mediterranean.   Services…

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Jemena plans Eastern Gas pipeline extension

Jemena plans to extend its Eastern Gas Pipeline (EGP) from Sydney to the Hunter Valley region in northern New South Wales.   The existing EGP pipeline runs 797 km from Victoria’s Bass Strait gas field hub at Longford up the east coast to Sydney and…

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