
Oct 1, 2021
Pump sector celebrates at long-awaited return of awards night
Oil and Gas News
Oct 1, 2021
Pipelines
Blind flanges on pipelines around the globe could be costing millions in unnecessary downtime, according to flow control experts at Celeros Flow Technology.
The cumulative downtime caused by blind flanges could be causing inefficiencies and driving up costs in industries as disparate as oil and gas exploration, chemical processing, water treatment and power generation.... [Read More]
Oil and Gas News
Sep 30, 2021
Valves
Dutch company Mokveld Valves is introducing a zero emission innovation - the world’s first valve without dynamic seals to the atmosphere.
The company is making reducing fugitive emissions is a top priority in the battle against climate change.
Mokveld has incorporated an electric actuator inside its new valve, eliminating the stem seal to atmosphere entirely.
Common... [Read More]
Oil and Gas News
Sep 29, 2021
Pipelines
Aramco, Air Products, ACWA Power and Air Products Qudra have announced a $12 billion (€10.2 billion) air separation unit (ASU)/gasification/power joint venture (JV) project in Jazan Economic City.
Aramco via its subsidiary Saudi Aramco Power Company (SAPCO) has a 20% share in the venture; Air Products 46%; ACWA Power 25%; and Air Products Qudra 9%.
The venture is purchasing... [Read More]
Oil and Gas News
Sep 27, 2021
Other
Stanlow Oil Refinery could be shut down as urgent discussions were being held with tax officials.
Bosses from the oil refinery in Ellesmere Port are in discussions with HMRC over a £356 million (€417 million) VAT bill, several UK based newspapers reported.
However, a spokesman for the parent company Essar said it has already repaid HMRC £547 million (€641 million)... [Read More]
Oil and Gas News
Sep 23, 2021
Pipelines
The steep rise in European gas prices has been driven by a combination of a strong recovery in demand and tighter-than-expected supply, as well as several weather-related factors, the International Energy Agency (IEA) revealed.
However, the IEA said it was ‘misleading’ to blame the renewable fuels and clean energy for the price hike.
There were strong cold spells... [Read More]
Oil and Gas News
Sep 23, 2021
Pipelines
Petrofac has been awarded a new multi-million dollar contract by Tatweer Petroleum to support their gas distribution network project in Bahrain.
The engineering, procurement, construction, and commissioning (EPCC) scope of work includes high pressure gas pipelines and fibre optic cabling. The underground pipelines will run through sections onshore in support of gas supply... [Read More]
Oil and Gas News
Sep 23, 2021
Pumps
Wärtsilä has signed a deal with the Government of Gabon for the development, construction and operation of a 120 MW gas power plant.
Together with the Gabon Power Company (GPC) will build the plant under a full engineering, procurement, and construction (EPC) contract and will then operate and maintain the plant under a long-term 15-year agreement.
The plant will... [Read More]
Oil and Gas News
Sep 21, 2021
Pipelines
The American Petroleum Institute (API) and 130 energy and manufacturing firms across the natural gas and oil supply chain are opposing legislation that would place a fee on methane.
The group recently sent a letter to the US Senate Committee on Environment and Public Works to voice their concerns.
The organisations, led by API, explain that the proposal is a “pay-for”... [Read More]
Oil and Gas News
Sep 17, 2021
Pipelines
bp, ADNOC and Masdar have signed three agreements with the potential to lead to billions of dollars of investment into clean and low carbon energy - creating potentially thousands of energy jobs.
The first agreement will see the companies collaborate to initially develop 2GW of low carbon hydrogen across hubs in the UK and UAE, with the intention to expand as the project... [Read More]
Oil and Gas News
Sep 16, 2021
Valves
AUMA has been awarded a framework agreement covering the replacement of existing valve actuators along the Transalpine Pipeline (TAL).
The pipeline connects Italy, Austria, Germany and the Czech Republic and it relies on AUMA actuators for the safe and reliable transport of crude oil. with its proven SAEx 25.1 devices.
As part of the five-year agreement, the AUMA actuators... [Read More]
Oil and Gas News
Sep 16, 2021
Valves
Sei and Sfera Energy Solutions have implemented a smart heating system for the municipality of Mantua.
The monitoring system for the district aims is to create a “smart” supply of district heating in terms of efficiency and cost reduction.
The new system consisted of two Vexve iSENSE™ valves equipped with special sensors.
These sensors provide essential information... [Read More]
Oil and Gas News
Sep 13, 2021
Pipelines
Trelleborg will showcase its portfolio of LNG transfer technology at this year’s Gastech in Dubai on 21 – 23 September.
Trelleborg, which works in gas transfer sector, will highlight to delegates and visitors how it is transitioning to cleaner energy.
Trelleborg’s portfolio is designed to optimise loading and unloading operations delivering improved productivity,... [Read More]
Water/Wastewater News
Sep 13, 2021
Flowmeters
FLEXIM’s FLUXUS F/G831 has been approved for operation in ATEX Zone 1 explosive areas. The flow measurement is carried out non-intrusively with ultrasonic transducers mounted on the outside of the pipe.
The device has two intrinsically safe process inputs for connecting pressure and temperature sensors.
This allows the transmitter to directly determine the output... [Read More]
Oil and Gas News
Sep 13, 2021
Pipelines
Greece's Hellenic Gas Transmission System Operator (DESFA) and North Macedonia's NER JSC Skopje have signed a cooperation agreement for the development and construction of an interconnected natural gas pipeline.
The new pipeline between the two countries was agreed at the 5th Southeast Europe Energy Forum held in Thessaloniki.
The 123-kilometer pipeline will be capable... [Read More]
Oil and Gas News
Sep 13, 2021
Pipelines
OPEC has cut its world oil demand forecast for the last quarter of 2021 due to concerns about the Delta coronavirus variant.
The oil producers’ organisation said that a further recovery would be partially delayed until next year when consumption will exceed pre-pandemic rates.
The Organisation of the Petroleum Exporting Countries revealed in its monthly report it expects... [Read More]
Oil and Gas News
Sep 10, 2021
Pipelines
The Weir Group has completed the sale of its oil and gas division to Caterpillar Inc.
The sale, for an enterprise value of $405 million (€342 million), subject to customary working capital and debt-like adjustments, was first announced at the end of last year and has since been approved by shareholders.
Weir Group CEO Jon Stanton said: “I would like to thank the... [Read More]