OGJ Daily Newsletter - May 10th, 2024
 
 
OGJ Daily Newsletter | View online
 
May 10, 2024
Kinetik, in a series of deals, has added to its Delaware basin natural gas processing capacity, signed a 15-year gathering and processing services agreement, and agreed to divest its interest in Gulf Coast Express pipeline.
Work on NextDecade Corp.’s 27-million tpy Rio Grande LNG plant is “progressing according to plan."
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Vertex Energy will return the hydrocracker at its Alabama refining complex back to conventional service by yearend 2024.
GeoPark produced record volumes from the Llanos 34 block in Colombia in April and signed a new offtake agreement with Vitol for production from the block.
ExxonMobil Corp. has signed an LNG supply deal with Turkey. Per the agreement with BOTAŞ, ExxonMobil will supply 2.5 million tpy of LNG for 10 years.
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Turkish Petroleum OTC extended a contract with Subsea 7 SA and the Subsea Integration Alliance to include installation of Turkey’s first FPU.
The US drilling rig count decreased 2 units to reach 603 rigs working for the week ended May 10, according to Baker Hughes data.
Energy Transfer signed a letter of intent with CapturePoint that provides for joint development of a carbon capture and storage project in Louisiana.