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Murphy Oil to acquire BW Pioneer FPSO in Gulf of America for $125 million

Oil & Gas 360ยบ

The first FPSO approved for operations in the Gulf of America, the BW Pioneer has been in service since its conversion in 2009. The vessel has a storage capacity of approximately 600,000 barrels of oil and processing capacity of approximately 80,000 barrels of oil per day.

Oil 130
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Fifth Circuit Recognizes Gas Purchaserโ€™s Right to Cancel Contract Due to Title Dispute

The Energy Law

3d , 2009 WL 336129 (5th Cir. 12, 2009), a panel of the United State Court of Appeals for the Fifth Circuit heard an action arising from a contract to supply natural gas condensate in south Texas. Flint Hills, a crude oil refiner, agreed to purchase Mexican condensate from JAG. JAG Energy, Inc., 08-20152, F.3d