News

USD$1.7 billion in high bids out of a total USD$2.6 billion for all bids was drawn for the Central Gulf of Mexico Lease Sale. 593 bids on 454 tracts covering 2.4 million acres of the 39 million acres total offered were bid on by 56 operators.

Tyco International unit, Tyco Flow Control opened a new state-of-the-art plant in Chengdu, China, the capital of Sichuan Province in May. The plant is part of Tyco's three-year, USD$100 million China-wide investment program, including a China Engineering Center in Shanghai and a high-performance Steam Testing Center in Qingpu.

Talisman Energy has decided not to proceed with the upcoming phase of Sasol Canada's GTL (gas-to-liquids) facility project, after participating in a feasibility study for the project. As part of the ongoing partnership between Talisman and Sasol that includes two 50% working interests in two natural gas assets and associated infrastructure in Talisman's Montney shale resources in northeastern British Columbia, Talisman was granted the option to participate in the feasibility study.

   BP Exploration has selected Emerson Process Management as automation contractor of choice for offshore oil and gas operations in BP's North Sea Region.

ADA-ES, Inc. has initiated the fabrication and construction phase of a 1MW Carbon Dioxide (CO2) Capture Pilot Plant. The pilot will be installed outside Birmingham, Alabama at Southern Company subsidiary Alabama Power's Miller Electric Generating Plant.

BP has agreed to sell its interests in the Jonah and Pinedale upstream operations in Wyoming to LINN Energy, LLC.

Curtiss-Wright Corporation's Flow Control business segment's Electro-Mechanical Division business unit have signed a strategic alliance with Westinghouse Electric Company LLC to jointly pursue and develop business opportunities for the refurbishment of large motors for commercial nuclear power applications in North America and collaborate on new technology development.

Valener Inc. announced that Gaz Metro Limited Partnership's wholly owned subsidiary Northern New England Energy Corporation has completed the acquisition of Vermont's largest electricity distributor, Central Vermont Public Service Corporation (CVPS).

The Indiana Department of Environmental Management (IDEM) has issued an air permit for Indiana Gasification's new clean coal facility. The issuing of the permit is a major step toward construction of the state-of-the-art plant.

AS-Schneider introduces its tried and tested bellows sealed valves for very hazardous media that even a minimal leak rate can be too great.