Projects

Nostra Terra, the AIM quoted oil and gas producer, with a growing portfolio of horizontal and vertical drilling projects in the USA, is pleased to announce that drilling has begun on the second development well in the Verde Prospect, located in Colorado. This is the second well in the prospect where the first well reached payout in 9-months.

  Hal Kvisle has been named President and Chief Executive Officer for Talisman Energy. Kvisle is the former President and Chief Executive Officer of TransCanada Corporation and current director of Talisman Energy. Kvisle has more than 35 years of experience in domestic and international oil and gas, midstream and pipeline operations and has created substantial value for shareholders during his tenures at TransCanada Corporation and Fletcher Challenge Energy.

GE Oil & Gas has signed a record deal of nearly $1.1B (USD) with Brazilian energy company Petrobras. This is the world's largest subsea wellhead production contract.

Tallgrass Energy Partners LP entered into a purchase and sale agreement with Kinder Morgan Energy Partners LP (KMP) to purchase Kinder Morgan Interstate Gas Transmission, Trailblazer Pipeline Company, the Casper-Douglas natural gas processing and West Frenchie Draw treating facilities in Wyoming and KMP's 50% interest in the Rockies Express Pipeline (REX).

The Canadian Nuclear Safety Commission (CNSC) Joint Review Panel (JRP) has said that it will issue a Nuclear Power Reactor Site Preparation License to Ontario Power Generation Inc. (OPG) for its new Darlington nuclear site power plant project for a 10 year period.

DTE Energy, Enbridge Inc. and Spectra Energy Corp have announced the joint development of the NEXUS Gas Transmission system.

Kinder Morgan Energy Partners, L.P. has entered into an agreement with Phillips 66 for Kinder Morgan to transport Eagle Ford crude and condensate to Phillips 66’s Sweeny Refinery in Brazoria County, Texas.

TransCanada Corporation has announced that it has been selected by the Fort Hills Energy Limited Partnership to design, build, own and operate the proposed Northern Courier Pipeline project.

   Shell has announced plans for a carbon capture and storage (CCS) project at an oil sands operation in Canada.

   Southern Co. said testing has begun on a component in the construction of two new 1,100MW AP1000 nuclear units at Plant Vogtle 3 and 4 – a 560-foot tall heavy lift derrick, one of the biggest cranes in the world.