Purchase would transfer ownership of Avista's South Lake Tahoe, Calif., natural gas distribution properties to Southwest Gas.
Rolls-Royce has won two new contracts to supply compression equipment in Europe and offshore Australia.
BPZ Energy Inc. has signed three preliminary gas sales agreements with power companies in Ecuador.
The Phoenix Gas Pipeline is a 78- mile, 18-inch diameter pipeline originating in 5,300 feet of water at the Red Hawk cell spar in Garden Banks Block 876.
The pipeline will be routed between the Soku gas plant and the Nigeria Liquefied Natural Gas terminal on Bonny Island in Nigeria.
The transaction is comprised of natural gas properties in northeast Alberta, Canada.