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The arrangements come as U.S. LNG export projects are increasingly under pressure amid the continuing rout in global commodity prices.
If Eni goes ahead with the auction, the business could attract private equity firms and utility companies, sources said.
The Oklahoma oil producer said Tuesday it is shifting its center of gravity from natural gas-rich Piceance Basin in Colorado to the oil-heavy Permian Basin in West Texas.
Although CB&I operates worldwide, more than 70 percent of its engineering and construction revenues in 2016 will come in the U.S., the company announced Tuesday during an investor day in New York.
Anchorage Municipal Light and Power and Chugach Electric Association are looking to buy ConocoPhillips’ stake in the Beluga River Unit about 35 miles west of Anchorage.
Under the terms of the deal announced Monday, Chevron will hold onto a 45-percent interest in the offshore leases, while Morocco will retain a 25 percent stake.
The agreement represents a new business model for the industry, providing a steady income stream for GE, and decreased risk for the driller, the companies said in a joint statement Monday.
Schlumberger, the world’s largest oil field services company with headquarters in Houston, Paris and The Hague, has moved quickly to wrap up the acquisition of the large oil equipment and technology manufacturer since the deal was first announced at the end of August.
The company said Wednesday that it would offer the remedies soon, after the EU pushed back the deadline for reviewing the deal by 20 working days to June 23.
Dow, the largest employer in Brazoria County, is planning to merge into the newly formed DowDuPont by the end of the year.