Oil and Gas News
Pipelines
Israel and Egypt’s energy ministers have agreed to build a gas pipeline from the offshore eastern Mediterranean Leviathan field to Egypt.
The aim of the new pipeline is to boost exports into the European market.
The goal is “to increase the gas exports to Europe through the liquefaction facilities in Egypt, in light of the growing demand in Europe for natural gas”, an Israeli spokesman…
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Flowmeters
Armstrong Fluid Technology has announced plans to relocate its West Midlands factory, warehouse and offices to larger premises in nearby Droitwich in the UK.
The move will enable the company to continue expansion of its UK production capabilities, to meet growing worldwide demand for its off-site manufactured plantrooms and energy centres.
Armstrong Fluid Technology is a leading manufacturer…
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Pipelines
The new Biden administration is reviewing US policy towards Nord Stream 2 - a pipeline that will carry Russian natural gas to Germany beneath the Baltic Sea.
The $11 billion (€9.1 billion) undersea pipeline project is more than 90% completed, with about 100 miles remaining to be built.
Building work resumed again on February 6, more than a year after it came to a halt in the face of…
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Flowmeters
TÜV SÜD National Engineering Laboratory has launched its data analytics service to help oil and gas operators minimise flowmeter downtime and maintenance.
The total cost of calibrating an offshore flowmeter is estimated to cost $50,000 (€41,000).
The new data analytics service will enable operators to move away from a time-based calibration approach to condition-based calibration, by…
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Pumps
Pump manufacturer Wilo Middle East has announced the acquisition of PumpsPro – a pump solution service provider.
The signing of the agreement took place at the WME office in Jebel Ali Free Zone.
The move is expected to further reinforce Wilo Middle East’s position as a complete solution provider in the UAE and the Middle East region.
Yasser Nagi, managing director of Wilo Middle East,…
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Pipelines
Flogas Britain has revealed plans to construct a gas pipeline into what will become the nation’s largest above ground LPG storage terminal near Bristol.
Work has commenced on the Avonmouth facility, which will see it converted from LNG (liquefied natural gas) to LPG storage.
It is estimated the terminal will be operational by the summer of next year, with completion of the pipeline expected…
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Pipelines
Total oil and gas industry mergers and acquisitions (M&A) in the fourth quarter of last year worth $10.01billion (€8.3 billion) were announced in Canada.
The value marked an increase of 468.3% over the previous quarter and a rise of 504.2% when compared with the last four-quarter average of $1.66 billion (€1.38 billion), according to GlobalData’s deals database.
Canada held a 13.7% share…
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Pipelines
Emissions Reduction Alberta (ERA) has committed nearly $2 million (€1.3 million) in funding to accelerate the adoption of new technologies—electrification, artificial intelligence, machine learning—that can reduce greenhouse gas (GHG) emissions in the pipeline transportation of natural gas.
Funds will be provided to Gazoduq Inc. through ERA's Partnership Intake Programme.
The $4 million…
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Pipelines
Turboden has been selected as the supplier of a 29 MWe geothermal power plant to be installed in the Philippines.
The Mitsubishi Heavy Industries (MHI) group company will build the facility at the Energy Development Corporation’s (EDC) Palayan Bayan expansion project. The plant is to be built at the Bacon-Manito geothermal facility located in Luzon Island, Philippines.
EDC, the world’s…
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Pumps
Watson-Marlow Fluid Technology Group (WMFTG) has passed a notable business milestone by selling the 150,000th Bredel peristaltic hose pump to an industry customer in Mexico.
The past decade has seen a huge increase in the uptake of Bredel hose pumps in sectors such as construction, where they meet strict environmental regulations in very tough working conditions.
It has been over half a…
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Pipelines
Middle East and Africa’s oil and gas industry saw a rise of 33.3% in overall deal activity during Q4 2020.
According to GlobalData’s deals database a total of 52 deals worth $4.7 billion (€3.9 billion) were announced for the region during the fourth quarter, against the last four-quarter average of 39 deals.
Of all the deal types, mergers and acquisitions (M&A) saw the most activity in Q4…
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Pipelines
Subsea 7 has been awarded a sizeable contract by Equinor for the Northern Lights project.
Subsea 7’s scope includes engineering, fabrication and installation of a 100km CO2 pipeline that will run from Øygarden to the CO2 storage complex, as well as installation of umbilicals, tie-in and pre-commissioning activities.
Project management and engineering will commence immediately at Subsea…
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Pumps
A gasification technology solutions company for sustainable waste-to-energy projects has been given the green light for an improved scheme.
EQTEC’s proposed25 MWe Billingham waste gasification and power plant at Haverton Hill, at Billingham, UK, has been granted planning permission from Stockton-on-Tees Borough Council.
David Palumbo, CEO of EQTEC, said: “We are delighted to start 2021…
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Pipelines
A pipe-laying vessel has started work in Danish waters ahead of the resumption of construction of the Nord Stream 2 gas pipeline.
The project, designed to boost Russian gas supplies to Europe and bypass Ukraine, has met resistance from the US, which wants to sell its own sea-borne liquefied natural gas to the European Union.
The construction of the pipeline, which would double the capacity of…
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Valves
Mechanical fail-safe solutions exist for electric driven valves, but mainly for on-off applications.
The Mokveld axial flow valves require very low forces, since they are fully pressure balanced.
This inherent design feature makes electric fail-safe control valves possible - even for large or high pressure valves.
Two options exist for a fail-safe action in case the power supply is lost,…
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Pipelines
The Appalachia Basin accounted for more than 40% of the natural gas produced in the US last year.
The area, made up of the Marcellus formations and the Utica Shale, saw a less drastic change in production and drilling activity during the economic contraction caused by the COVID-19 pandemic.
GlobalData’s latest market analysis report revealed that the Appalachia region averaged 32.19 billion…
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Pumps
Valmet will supply a boiler plant for an energy facility in Finland.
The new boiler for the Seinäjoen Energia Oy’s Kapernaum heat plant in Seinäjoki will enable the company to increase the use of renewable fuels in its district heat production.
The boiler plant will be handed over to the customer in the autumn.
“We are pleased to start this project. It is a significant step forward in…
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Pipelines
A total of 30 oil and gas firms have received offers of ownership interest as part of 61 production licences granted for work off the Norwegian coast.
The Norwegian authorities have assessed applications from a total of 33 companies for projects in the Norwegian Shelf as part of the Awards in Predefined Areas (APA) 2020 process.
Of the 61 production licences, 34 are in the North Sea, 24 are in…
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