A Barrel Fulll Archive

Nov. 15, 2018  McDermott International, Inc. (NYSE: MDR) announced today an event that was hosted at their world-class fabrication yard in Altamira, Tamaulipas, Mexico celebrating the sail away and another project milestone of the PEMEX Exploración y Producción PB-Abkatun-A2 oil and gas production platform. Representatives from PEMEX, government officials, including Governor of Tamulipas, Fran isco Garcia Cabeza de Vaca, McDermott and regional news outlets participated in the event. The PB-Abkatun-A2 platform is McDermott's largest project in size and total value to date for PEMEX. The USD $454 million engineering, procurement, construction and installation and commissioning (EPCIC) project was awarded to the Company in June 2016. McDermott's scope of the work spanned from the basic engineering design to tie-in and commissioning of the jacket, deck, four tripod jackets, and four bridges about 100 meters each. Two tripods were designed to be used as part of the flare system whi...

June 10, 2024 SFPP, L.P. (SFPP) , a subsidiary of Kinder Morgan, Inc. (NYSE: KMI), today announced the launch of a binding open season to solicit commitments to support a proposed expansion of the East Line portion of its pipeline system from El Paso, Texas to Tucson, Arizona. The open season began at 8:00 a.m. Central Standard Time today, June 10, 2024 and is scheduled to end at 5:00 p.m. Central Standard Time on August 9, 2024. The expansion is estimated to provide up to 10,000 barrels per day (on a gasoline equivalent basis) of incremental capacity available for the transportation of diesel that meets the requirements for export to Mexico and domestic grade products (gasoline, jet and diesel) from El Paso, Texas to Tucson, Arizona. The total amount of the expansion capacity available is scalable and will be dependent on the overall level of interest SFPP receives during the open season. The open season process provides potential shippers the opportunity to obtain firm capacity on th...