Florida Power & Light (FP&L) affiliate FPL Group Resources LLC has signed a conditional agreement with Ras Laffan Liquefied Natural Gas Co. Ltd. (II), a joint venture between Qatar Petroleum and ExxonMobil RasGas Inc., for supply of liquefied natural gas (LNG) from Qatar to a proposed LNG and regasification terminal at South Riding Point on Grand Bahama Island.
Inks
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Berry Inks Deal with Utes, Targets 171,000 New Acres in Unita Basin
Berry Petroleum and an unnamed industry partner have signed a joint exploration and development agreement with the Ute Indian Tribe to explore and develop 125,000 acres of tribal lands in the Uinta Basin in Utah. Berry also has agreed to purchase an interest in 46,000 acres of fee lands adjacent to or near the tribal acreage.
Berry Inks Deal with Utes, Targets 171,000 New Acres in Unita Basin
Berry Petroleum and an unnamed industry partner have signed a joint exploration and development agreement with the Ute Indian Tribe to explore and develop 125,000 acres of tribal lands in the Uinta Basin in Utah. Berry also has agreed to purchase an interest in 46,000 acres of fee lands adjacent to or near the tribal acreage.
Dominion Inks $413M Term Gas Sale with Goldman for 83 Bcf
Dominion Exploration & Production, Inc. has agreed to sell about 82.7 Bcf of gas production over the next four years under a fixed-term royalty interest sale to an affiliate of The Goldman Sachs Group for $413 million in cash.
Dominion Inks $413M Term Gas Sale with Goldman for 83 Bcf of Gas
Dominion Exploration & Production, Inc. has agreed to sell about 82.7 Bcf of gas production over the next four years under a fixed-term royalty interest sale to an affiliate of The Goldman Sachs Group for $413 million in cash.
Reliant Inks 452 MW Gas Tolling Deal with Nevada Power
Houston-based Reliant Energy announced Wednesday it has a 16-month tolling deal with Las Vegas-based Nevada Power Co. to supply 452 MW of electricity for a fee with the utility providing the natural gas needed to produce the power. The power will come from Reliant’s Bighorn generation plant, a new 591 MW plant southeast of Las Vegas near Primm, NV, and Nevada Power will supply up to 80 MMcf/d of gas at full capacity.
Reliant Inks 452 MW Gas Tolling Deal with Nevada Power
Houston-based Reliant Energy announced Wednesday it has a 16-month tolling deal with Las Vegas-based Nevada Power Co. to supply 452 MW of electricity for a fee with the utility providing the natural gas needed to produce the power. The power will come from Reliant’s Bighorn generation plant, a new 591 MW plant southeast of Las Vegas near Primm, NV, and Nevada Power will supply up to 80 MMcf/d of gas at full capacity.
McMoRan Inks $200 Million Exploration Agreement, Targets GOM Shelf Deep Gas
Expanding its Gulf of Mexico exploration efforts sizably, McMoRan Exploration Co. has entered into a three to five year exploration agreement with an undisclosed private exploration and production company, which has committed to spend a minimum of $200 million of exploration funds.
Sempra Energy Solutions Inks $46.5 Million Government Contract
As one of its primary segments among large industrial customers needing energy services, San Diego-based Sempra Energy Solutions announced Thursday it had secured another series of four multi-year, multi-million-dollar merchant energy services contracts with federal facilities in four states — California, Colorado, Florida and Utah — and Puerto Rico. In total, the contracts are estimated to be worth $46.5 million, the company said.
Tidelands Inks Gas Storage Facility Agreement with Pemex
Tidelands Oil & Gas Corp. has entered into an agreement with Petroleos Mexicanos y Sus Organismos Subsidiarios (Pemex), Mexico’s state-owned petroleum company, to design, build and operate an underground natural gas storage facility and related surface equipment for Pemex near Reynosa, Tamaulipas, Mexico.