Sempra on Monday gave the green light to the first phase of the $13 billion Port Arthur LNG export project in Texas, announcing a positive final investment decision (FID) for the facility and closing the necessary financing to move ahead. The company said it also issued a final notice to proceed with the project to…
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Western Canada’s Coastal GasLink Gains New Majority Stakeholders
TC Energy Corp.’s 2.1 Bcf/d Coastal GasLine Pipeline Project, which would traverse the gassy fields of the Western Canadian Sedimentary Basin to move supply overseas, has gained KKR and Alberta Investment Management Corp. as majority stakeholders.
KKR, Western Natural Launch Williston E&P Venture
Oklahoma City-based Western Natural Resources LLC is teaming up with global investor KKR to acquire producing and undeveloped oil and gas assets in the Williston Basin.
KKR-Backed Partnership Acquires More Eagle Ford Assets
Affiliates of Venado Oil and Gas LLC and Kohlberg Kravis Roberts & Co. LP (KKR) have again scooped up assets in the Eagle Ford Shale of South Texas from an undisclosed seller.
EXCO Pins Hopes to JVs, Eagle Ford and Haynesville Expansions
Officials with EXCO Resources Inc. said its acquisitions in the Eagle Ford and Haynesville shales during the second quarter were the foundation for future expansion, while its financial position would be bolstered through its joint ventures (JV) with Kohlberg Kravis Roberts & Co. LP (KKR), Harbinger Group Inc. and BG Group plc.