May 2018, Vo. 245, No. 5
Company News
Concho Resources
Concho Resources will buy West Texas rival RSP Permian for $9.5 billion in a merger creating the largest shale driller in the Permian.
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Pipeline Project Spotlight
Owner:
East African Crude Oil Pipeline Company
Project:
East African Crude Oil Pipeline (EACOP)
Type:
TotalEnergies in discussions with a Chinese company after Russian supplier Chelpipe was hit by sanctions.
Length:
902 miles (1,443 km)
Capacity:
200,000 b/d
Start:
2022
Completion:
2025
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