Page 1 - NorthAmOil Week 39
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Issue 623              01•October•2020                     Week 39






                    ™     ™Alternative route


                            US President Donald Trump has granted a permit for a railway line between
                            Alberta and Alaska, which could open up a new oil export route.


                    ™     ™Export plan


                            Max Midstream has acquired the Seahawk pipeline and terminal in Texas,
                            and plans to use it to export oil from the Permian Basin and Eagle Ford play.

                    ™     ™Mega merger


                            Shale producer Devon Energy has struck a deal to merge with rival WPX
                            Energy in an all-stock transaction worth $2.56bn.

                    ™     ™New contractor


                            Canada’s Pieridae Energy has signed a services agreement with contractor
                            Bechtel related to the proposed Goldboro LNG project in Nova Scotia.
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