US manufacturers’ demand for gas to grow, NAM-commissioned study says

Abundant US natural gas supplies have strengthened manufacturing significantly, but major investments will be needed in pipelines and other systems to meet future demand for gas to generate power and keep manufacturers strong, a study commissioned by the National Association of Manufacturers concluded. Source: News


Woodside, Talisman complete sale of Timor Sea fields

Partners Woodside Petroleum Ltd. and Talisman Energy Ltd. have completed their joint 2015 deal to sell mature Laminaria and Corallina oil fields in the western Timor Sea. Source: News


OTC: Bidding opens for blocks off Nova Scotia

The governments of Nova Scotia and Canada have opened closed, competitive bidding for exploration licenses to six blocks off the province, officials reported at an Offshore Technology Conference press briefing. Source: News


EQT to acquire Statoil-operated Marcellus acreage for $407 million

EQT Corp., Pittsburgh, has agreed to acquire 62,500 net acres and current production of 50 MMcfd of natural gas equivalent in the Marcellus shale from Statoil USA Onshore Properties Inc. for $407 million. The deal is expected to close on or about July 8. Source: News