In its effort to meet the challenge of building a pipeline offthe Florida coast, Buccaneer Pipeline project sponsors saidyesterday they signed Saipem Inc./European Marine Contractors Ltd.to help construct the offshore portion of the proposed pipeline.Buccaneer, which is a joint venture between Duke Energy andWilliams, would not disclose any of the financial agreementsinvolved in the deal. Saipem/EMC has already started work on theproject, a Buccaneer spokesperson said.
Effort
Articles from Effort
CMS Plans IPO for Consumers in Restructuring Effort
Hoping to inject life into its dwindling stock price, CMS EnergyCorp. announced drastic measures last week, including an aggressivestock buy-back plan and intentions to create a tracking stock forthe jewel in CMS’ crown — Consumers Energy.
February 7, 2000
CMS Plans IPO for Consumers in Restructuring Effort
Hoping to inject life into its dwindling stock price, CMS EnergyCorp. announced drastic measures yesterday, including an aggressivestock buy-back plan and intentions to create a tracking stock forthe jewel in CMS’ crown — Consumers Energy.
February 2, 2000
North Alabama Pipeline Ready to Flow
Midcoast Interstate Transmission’s (MIT) four-year effort toblock construction of Southern Natural’s North Alabama Pipeline iscoming to a close as the line is poised to start flowing gas. The120-mile, 70 MMcf/d mainline extension is seen as a threat by MIT,which has enjoyed a monopoly over transportation in that region foryears.
January 17, 2000
North Alabama Pipeline Ready to Flow
Midcoast Interstate Transmission’s (MIT) four-year effort toblock construction of Southern Natural’s North Alabama Pipeline iscoming to a close as the line is poised to start flowing gas. The120-mile, 70 MMcf/d mainline extension is seen as a threat by MIT,which has enjoyed a monopoly over transportation in that region foryears.
January 11, 2000
Sempra, Kinder Exit Energy Trade Associations
Top Washington D.C.-based energy trade associations are listedamong the casualties of Sempra Energy’s and Kinder Morgan Inc.’smove to prune their corporate budgets as they enter the newmillennium.
December 28, 1999
Tennessee Renews LDC Contracts
As a result of an almost two-year effort, Tennessee Gas Pipelineannounced yesterday it has renegotiated contracts for 80% of thefirm transportation capacity that’s due to expire on its system inNovember 2000. At the same time, the pipeline said it has fullyrecontracted its storage capacity, a large chunk of which wasscheduled to expire also.
November 16, 1999
ANR, Leviathan Form Deepwater Holdings
In an effort to increase their access to deep-water gas, TheCoastal Corp. announced last week that subsidiaries of ANR Pipelineentered in a series of agreements under which they collectivelyhave become joint owners in a new holding company, DeepwaterHoldings L.L.C. The financial terms were not disclosed.
October 11, 1999
ANR, Leviathan Form Deepwater Holdings
In an effort to increase their access to deepwater gas, TheCoastal Corp. announced yesterday that subsidiaries of ANR Pipelinehave entered in a series of agreements under which theycollectively have become joint owners in a new holding company,Deepwater Holdings L.L.C. The financial terms were not disclosed.
October 5, 1999
Puget’s Purchase Eliminates PURPA Contract
In an ongoing effort to reduce power costs from existing PublicUtilities Regulatory Policy Act (PURPA) contracts, Puget SoundEnergy announced yesterday an agreement to buy a 160 MW gas-firedcogeneration plant in Bellingham, WA, from Encogen for $164million. Puget Sound said buying the facility eliminated its secondlargest PURPA contract, a deal which required it to pay Encogenfixed and escalating fees through mid-2008 for the plant’s output.
October 1, 1999
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
