SPP will acquire and operate, the pipeline, gathering and compression assets located on the Western part of its Catarina asset in South Texas in Dimmit and Webb counties.
The $2 billion project is expected to provide producers in the Marcellus and Utica shale areas new transportation options to move gas out.
The mid-scale LNG facility will use about 115 acres of available land in Lake Charles, La., on a long-term lease through the Lake Charles Harbor and Terminal District.
The company says it simply didn’t see the market demand justify the continued production of what was one of the only dedicated natural gas-fueled consumer vehicles.
In third-quarter 2015, Exterran plans to separate its international contract operations, international aftermarket services and global product line businesses into a standalone company, resulting in two independent companies.
The companies will jointly fund an enhancement of the 13-11-62-27W5M Simonette facility. A shallow cut refrigeration system and sales connection to TransCanada Corp.'s NGTL pipeline system will be added.
Mitsubishi Heavy Industries Compressor International Corp. started operations at its Pearland Works facility, which will handle packaging, shipping, storage, service and maintenance of compressors and mechanical drive steam turbines.
Exterran Holdings Inc. (NYSE: EXH) and Exterran Partners LP (NYSE: EXLP) announced April 20 that Exterran Partners acquired assets from Exterran Holdings for consideration valued at $102.3 million.
Wentworth will be sold to Pentagon Energy LLC. The CNG will be exported to Latin America. Two Morgan Stanley managers involved with Wentworth will become Pentagon principals, sources told Reuters.
EnLink Midstream LLC dropped down its equity interests in E2 Appalachian Compression LLC and E2 Energy Services LLC to EnLink Midstream Partners LP.