Industry Briefs

11/22/1999
CourtsUS Supreme Courtaccepted an appeal by Mobil Corp. and Marathon Oil Co. that claims the federal government owes the two firms $156 million because they have not been allowed to drill leases off North Carolina. The accepted appeal follows the reversal of a US Claims Court decision awarding the firms $78 million each (OGJ, Oct. 26, 1998, p. 45). The companies' lawsuit to recover their investments in the tracts has taken 7 years.Gas processingSyntroleum Sweetwater Operations Ltd.,a unit of Syntroleum Corp., Tulsa, and RWE group member Klockner Industrie-Anlagen (INA), Duisburg, Germany, signed a project development agreement for the first commercial-scale gas-to-liquids (GTL) plant b...
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