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Sasol picks adviser for Louisiana derivatives complex

Sasol has mandated Royal Bank of Scotland (RBS) as financial adviser for a $5-7 billion ethane cracker and derivatives complex in Louisiana, IJGlobal has learned.

SSE to acquire stake in Total’s Greater Laggan gas fields

Energy firm SSE has struck an agreement to acquire a 20% interest in the four gas fields and surrounding acreage known as the Greater Laggan area as well as a 20% interest in the Shetland gas plant from Total at a cost of £565 million ($885.4 million)

China's AAG Energy closes RBL

China-based natural gas producer AAG Energy has closed a $250 million reserve based loan (RBL) with four lenders

Ares to buy Kayne Anderson

Ares Management has agreed to buy Kayne Anderson Capital Advisors for $2.55 billion

PennDOT issues draft RFP for CNG fuelling stations PPP

The Pennsylvania Department of Transportation (PennDOT) has issued a draft request for proposals (RFP) for its compressed natural gas (CNG) fuelling stations project

SBM closes ECA-backed debt for Saquarema FPSO

SBM Offshore has closed a $1.55 billion project financing for the Cidade de Saquarema floating production, storage and offloading (FPSO) vessel

Statoil set to sell Trans Adriatic Pipeline stake

Norwegian oil and gas business Statoil wants to sell its stake in the $2 billion Trans Adriatic Pipeline (TAP), co-sponsor Socar’s chief executive Rovnag Abdullayev has said

UK approves Preesall underground gas storage

The UK government has granted consent for developer Halite Energy to build its £660 million ($1.02 billion) Preesall underground gas storage project in Lancashire, England

Another lawyer leaves Hogan Lovells for Orrick

London-based Hogan Lovells partner Elisabeth Blunsdon is set to join Orrick in August 2015, following other Hogan Lovells energy practice ex-staffers to the law firm

Genesis Energy to acquire midstream assets

Texas-based Genesis Energy has agreed to buy a midstream asset portfolio from Enterprise Products Partners for $1.5 billion

EXCLUSIVE Banks mandated on Waha gas pipelines

Energy Transfer Partners, Mastec and Carso Energy have mandated lead banks on debt backing the $1.24 billion Waha-Presidio and Waha-San Elizario gas pipelines in Texas, IJGlobal has learnt

Vopak sells Finland oil storage business to Oiltanking

Dutch tank storage operator Royal Vopak has sold its Finnish oil terminals business Vopak Chemicals Logistics Finland to the Finnish subsidiary of German oil storage company Oiltanking for €43 million ($46.8 million)

EXCLUSIVE Fermaca nears close on El Encino-La Laguna Mexico gas pipeline

Mexican midstream operator Fermaca expects to close an approximately $600 million short-term mini-perm loan to fund construction of the El Encino-La Laguna natural gas pipeline within one or two weeks, IJGlobal has learnt

Lenders emerge for third Accugas refinancing

Nigeria-based oil & gas company Seven Energy International has signed on a $445 million refinancing of existing debt held by its wholly-owned subsidiary Accugas

Santos nears deal for PNG gas fields

Santos is close to finalising a deal with ExxonMobil to acquire a stake in the P’nyang gas fields in Papua New Guinea, according to media reports in Australia

Bumi Armada signs FPSO financing

Malaysia’s Bumi Armada has signed a $755 million loan agreement with a group of seven lenders to refinance its existing bridge facility for an FPSO vessel

SMBC appoints new LatAm project finance head

Sumitomo Mitsui Banking Corporation (SMBC) has appointed Luis Fernando Perdigon, the bank's chief representative in Colombia, as head of project finance for Latin America

Acwa and Air Products close on Jazan industrial gases

Local firm Acwa Holding and US-based Air Products and Chemicals have closed on a roughly $1 billion project financing for a new industrial gases project as part of the Jizan industrial complex in Saudi Arabia

Origin seeks to ease fears on Sinopec

Origin Energy has issued a statement to assuage concerns regarding the LNG sale purchase agreement (SPA) between Australia Pacific LNG (APLNG) and Sinopec, following suggestions the Chinese oil & gas company might seek to delay or alter the terms