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.