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Det Norske writes down Marathon Oil acquisition

Norwegian oil producer Det Norske will cut a further $100 million from its budget for 2015 and has recorded a $319 million impairment on its $2.65 billion acquisition of Marathon Oil Norge

EXCLUSIVE Freeport LNG launches debt for third train

Sponsors of Freeport LNG have launched roughly $4 billion debt backing train three of the export liquefied natural gas (LNG) project in Texas, IJGlobal has learnt

Kalla seeks adviser on West Java LNG import

The Kalla Group has called for proposals to advise it on the development of its West Java LNG receiving terminal in Indonesia

Northern Territory receives nine pipeline proposals

Nine firms are understood to have sumbitted proposals to Australia’s Northern Territory government for its 1,000km Northern Territory gas pipeline project

LetterOne closes on RWE Dea despite UK opposition

Russian investor LetterOne Group said it has closed the €5.1 billion ($5.7 billion) acquisition of German utility RWE’s oil and gas assets today (2 March)

Aramco/Sumitomo sign on Petro Rabigh II

Saudi Aramco and Sumitomo Chemical Company have signed financing documents for the $7 billion Petro Rabigh II petrochemicals project in Saudi Arabia

Cheniere to issue $2bn bond for Sabine Pass

Cheniere Energy Partners is planning to issue another $2 billion in bonds to finance the Sabine Pass Liquefaction project in Cameron pass, Louisiana

Iberdrola USA and UIL Holdings to merge

Spanish utility Iberdrola's US subsidiary and the New England-based utility UIL Holdings have agreed to merge

Santos appoints adviser for GLNG pipeline sale

Santos, one of the sponsors for the Gladstone LNG project in Australia, has appointed Goldman Sachs to advise on the sale of its pipeline infrastructure

EXCLUSIVE SBM plots April close with ECAs on Saquarema FPSO

SBM Offshore plans to close a $1.55 billion financing for the Cidade de Saquarema floating production, storage and offloading vessel by the end of April

Orca to use equity for Songo Songo gas expansion

Toronto-listed oil and gas independent Orca Exploration has approached the International Finance Corporation for $60 million in equity funding for an expansion to the Songo Songo gas field offshore TanzaniaOrca to use equity for Songo Songo gas expansion

EXCLUSIVE Commitments in for Los Ramones Norte syndication

Six commercial banks have submitted debt commitments for the syndication of a $1.276 billion senior credit facility for the Los Ramones Norte pipeline in Mexico, IJGlobal can exclusively reveal

Cameron LNG plans two additional trains

Sponsors of the Cameron export liquefied natural gas (LNG) project have asked the Federal Energy Regulatory Commission (FERC) for permission to add two additional trains to their planned three-train facility in Hackberry, Louisiana

Solo oil closes on Kiliwani gas-field buy-in

Solo Oil and Aminex have announced today that they have completed the sale from the latter to the former of up to a 13% stake in the Kiliwani gas field in Tanzania

Orpic pre-qualifies for Liwa Plastics EPC contracts

Oman Oil Refineries and Petroleum Industries Company (Orpic) has prequalified contractors for the four engineering, procurement and construction packages for its greenfield $3.6 billion Liwa Plastics project

LGO Energy signs with BNP on Goudron

London-listed oil & gas independent LGO Energy has closed a $25 million oil swap facility with BNP Paribas to fund development at its Goudron field in Trinidad

Arc Logistics Partners to fund Joliet terminal with corporate draw

Arc Logistics Partners plans to use a combination of an equity private placements and a draw on its corporate revolving credit to fund its share of the $216 million acquisition of the Joliet crude oil terminal and pipeline in Illinois

Blackstone Energy Partners II reaches close

Blackstone has reached close on the Blackstone Energy Partners (BEP) II fund with more than $4.5 billion in commitments

Origin, Conoco to appoint adviser for pipeline sale

Origin Energy and ConocoPhillips have shortlisted several investment banks for the possible sale of their APLNG pipeline in Australia and are due to appoint an adviser imminently

Noble Energy suspends Tamar and Leviathan investments

US-based Noble Energy, co-sponsor of the Leviathan and Tamar gas projects off the coast of Israel, has said that it is suspending investment into both developments due to “regulatory issues”

EXCLUSIVE Cheniere to finance Corpus Christi liquefaction in two phases

Cheniere has decided to finance the three-train Corpus Christi liquefaction project in Texas in two phases - as opposed to a single $11.5 billion debt package, which had been the sponsor's plan for much of 2014