Oil storage

Max Midstream Texas LLC Announces Binding Open Season

Retrieved on: 
Friday, November 13, 2020

Max Midstream Texas, LLC (Max) is launching an open season to solicit shipper commitments for services in the Eagle Ford region on its Seahawk Pipeline (Seahawk).

Key Points: 
  • Max Midstream Texas, LLC (Max) is launching an open season to solicit shipper commitments for services in the Eagle Ford region on its Seahawk Pipeline (Seahawk).
  • The open season will provide an opportunity for interested shippers to secure firm priority crude oil transportation with Seahawk under binding transportation services agreements.
  • More information about the binding open season for pipeline is available by contacting Keith Taylor, Chief Commercial Officer at (281) 909-4034 or via email at [email protected] .
  • About Us: Max Midstream Texas, LLC, headquartered in Houston, Texas, is a private fee-based, growth-oriented Delaware limited liability corporation to own, operate, develop, and acquire crude oil and other logistics assets.

Western Midstream to Participate in RBC Midstream and Energy Infrastructure Conference

Retrieved on: 
Thursday, November 12, 2020

HOUSTON, Nov. 12, 2020 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) announced that Michael Ure, President, Chief Executive Officer, and Chief Financial Officer, will participate in a question and answer session at the RBC Capital Markets Midstream and Energy Infrastructure Virtual Conference, on Wednesday, November 18, 2020 at 10:40 a.m. EST.

Key Points: 
  • HOUSTON, Nov. 12, 2020 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) announced that Michael Ure, President, Chief Executive Officer, and Chief Financial Officer, will participate in a question and answer session at the RBC Capital Markets Midstream and Energy Infrastructure Virtual Conference, on Wednesday, November 18, 2020 at 10:40 a.m. EST.
  • To provide additional insight related to third-quarter results, an interview with Michael Ure will be posted on Western Midstream's website at www.westernmidstream.com after-market close Tuesday, November 17, 2020.
  • Western Midstream Partners, LP ("WES") is a Delaware master limited partnership formed to acquire, own, develop, and operate midstream assets.
  • For more information about Western Midstream Partners, LP, please visit www.westernmidstream.com .

EPIC Midstream Holdings Announces Chairman and CEO Succession Plan

Retrieved on: 
Thursday, November 12, 2020

EPIC Midstream Holdings, LP (EPIC or the Company) today announced its executive leadership succession plan, in which the Board of Directors unanimously appointed Brian Freed to succeed Phil Mezey as Chief Executive Officer, with Mr. Mezey becoming Non-Executive Chairman.

Key Points: 
  • EPIC Midstream Holdings, LP (EPIC or the Company) today announced its executive leadership succession plan, in which the Board of Directors unanimously appointed Brian Freed to succeed Phil Mezey as Chief Executive Officer, with Mr. Mezey becoming Non-Executive Chairman.
  • Prior to joining EPIC, he most recently served as the Senior Vice President, Midstream and Marketing, of Apache Corporation.
  • EPIC was formed in 2017 to build, own and operate midstream infrastructure in both the Permian and Eagle Basins.
  • EPIC operates the EPIC Crude Oil Pipeline and the EPIC NGL Pipeline that span approximately 700-miles servicing the Delaware, Midland and Eagle Ford Basins.

Floating Production Storage and Offloading - Global Market Outlook 2019-2020 & 2027 - ResearchAndMarkets.com

Retrieved on: 
Friday, November 6, 2020

The "Floating Production Storage and Offloading - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Floating Production Storage and Offloading - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
  • According to the report, the expected to reach $36.5 billion by 2027, growing at a CAGR of 7.9% during the forecast period.
  • An increase in deep- and ultra-deepwater oil & gas production and increased focus on offshore exploration & production activities are the major factors propelling market growth.
  • Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
    Company profiling with detailed strategies, financials, and recent developments

McDermott Announces Second Shipment of MODEC FPSO Modules

Retrieved on: 
Thursday, November 5, 2020

HOUSTON, Nov. 5, 2020 /PRNewswire/ --McDermott International, Ltd today announced the second shipment of topside modules for a floating production storage and offloading (FPSO) unit for MODEC, Inc. (MODEC).

Key Points: 
  • HOUSTON, Nov. 5, 2020 /PRNewswire/ --McDermott International, Ltd today announced the second shipment of topside modules for a floating production storage and offloading (FPSO) unit for MODEC, Inc. (MODEC).
  • It comes just weeks after the first shipment of modules sailed away from McDermott's Altamira fabrication facility located in Mexico.
  • The MODEC project scope of work consists of five FPSO Topside Modules, which will be delivered to the client in two shipments.
  • This second shipment includes modules that will provide inlet separators, oil separation, a flare KO Drum and sand cleanup materials for the FPSO.

Oasis Midstream Partners LP Announces Quarter Ended September 30, 2020 Earnings

Retrieved on: 
Tuesday, November 3, 2020

All statements, other than statements of historical facts, included in this press release that address activities, events or developments that the Partnership expects, believes or anticipates will or may occur in the future are forward-looking statements.

Key Points: 
  • All statements, other than statements of historical facts, included in this press release that address activities, events or developments that the Partnership expects, believes or anticipates will or may occur in the future are forward-looking statements.
  • These statements are based on certain assumptions made by the Partnership based on management's experience and perception of historical trends, current conditions, anticipated future developments and other factors believed to be appropriate.
  • Oasis Midstream Partners LP is a fee-based master limited partnership formed by its sponsor, Oasis Petroleum Inc., to own, develop, operate and acquire a diversified portfolio of midstream assets in North America that are integral to the crude oil and natural gas operations of Oasis Petroleum Inc. and are strategically positioned to capture volumes from other producers.
  • For more information, please visit the Partnership's website at www.oasismidstream.com .

Gulf Energy Information Introduces Hydrogen Data with New Platform

Retrieved on: 
Thursday, October 22, 2020

HOUSTON, Oct. 22, 2020 /PRNewswire/ --Gulf Energy Informationa leading provider of media, technical information and market intelligence services for the international energy industrylaunches today Global Energy Infrastructure (GEI), a comprehensive new dataset covering projects across the energy industry.

Key Points: 
  • HOUSTON, Oct. 22, 2020 /PRNewswire/ --Gulf Energy Informationa leading provider of media, technical information and market intelligence services for the international energy industrylaunches today Global Energy Infrastructure (GEI), a comprehensive new dataset covering projects across the energy industry.
  • "Global Energy Infrastructure is the most completely integrated source for global midstream and downstream oil and gas content, renewables and hydrogen datasets," Paul Rodden, Director, Data, said.
  • The service equips subscribers with detailed project data for key industry segments, including hydrogen, renewable energy, downstream, midstream, and LNG.
  • In addition, Gulf also produces datasets ( Construction Boxscore and Energy Web Atlas ) containing in-depth project and facility data.

Hess Midstream LP Schedules Earnings Release Conference Call

Retrieved on: 
Thursday, October 8, 2020

Hess Midstream LP (NYSE: HESM) (Hess Midstream) announced today that it will hold a conference call on Wednesday, October 28, 2020 at 12:00 p.m. Eastern Time to discuss its third quarter 2020 earnings release.

Key Points: 
  • Hess Midstream LP (NYSE: HESM) (Hess Midstream) announced today that it will hold a conference call on Wednesday, October 28, 2020 at 12:00 p.m. Eastern Time to discuss its third quarter 2020 earnings release.
  • This conference call will also be accessible by webcast (audio only) on Hess Midstreams website at www.hessmidstream.com .
  • Hess Midstream is a fee-based, growth-oriented, midstream company that owns, operates, develops and acquires a diverse set of midstream assets to provide services to Hess and third-party customers.
  • Hess Midstream undertakes no obligation to, and does not intend to, update these forward-looking statements to reflect events or circumstances occurring after this press release.

Bespoken Spirits Launches Sustainable Maturation Process to Save Industry $20B+ Each Year

Retrieved on: 
Wednesday, October 7, 2020

Bespoken Spirits brings a new era of opportunity to the industry, especially as it has been hit hard by COVID-19, said Stu Aaron, cofounder, former Bloom Energy executive.

Key Points: 
  • Bespoken Spirits brings a new era of opportunity to the industry, especially as it has been hit hard by COVID-19, said Stu Aaron, cofounder, former Bloom Energy executive.
  • The Bespoken Spirits method is a sustainable answer that keeps products out of wooden barrels in electricity-run rickhouses.
  • The traditional spirits production process is outdated, imprecise, unpredictable, unsustainable and inefficient, said Martin Janousek, Bespoken Spirits cofounder, material scientist and former Bloom Energy executive.
  • Bespoken Spirits, a modern spirits company, transforms raw spirits into a high quality, matured spirit by re-imagining and replacing the antiquated, expensive, and wasteful barrel aging process with sustainable science and technology.

McDermott Announces Shipment of First MODEC FPSO Modules

Retrieved on: 
Wednesday, October 7, 2020

HOUSTON, Oct. 7, 2020 /PRNewswire/ -- McDermott International, Ltd today announced the first shipment of topside modules for a floating production storage and offloading (FPSO) unit for MODEC, Inc. (MODEC).

Key Points: 
  • HOUSTON, Oct. 7, 2020 /PRNewswire/ -- McDermott International, Ltd today announced the first shipment of topside modules for a floating production storage and offloading (FPSO) unit for MODEC, Inc. (MODEC).
  • The MODEC project scope of work consists of five FPSO Topside Modules, which will be delivered to the client in two shipments.
  • This first shipment includes modules that will provide compression, vapor recovery and a laydown area for the FPSO.
  • McDermott's Altamira fabrication facility in Mexico is delivering the FPSO modules and EPCI fixed platform.