Feb 2, 2021
150,000th Bredel peristaltic hose pump sold to customer in Mexico
Oil and Gas News
Feb 1, 2021
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)... [Read More]
Oil and Gas News
Jan 28, 2021
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... [Read More]
Oil and Gas News
Jan 27, 2021
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... [Read More]
Oil and Gas News
Jan 25, 2021
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... [Read More]
Oil and Gas News
Jan 21, 2021
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... [Read More]
Oil and Gas News
Jan 21, 2021
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... [Read More]
Oil and Gas News
Jan 21, 2021
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... [Read More]
Oil and Gas News
Jan 20, 2021
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... [Read More]
Oil and Gas News
Jan 20, 2021
Pipelines
The Sniffers and Kayrros, a leading global carbon tracking company, are joining forces to provide methane monitoring solutions for gas and energy companies.
Kayrros uses satellite imagery from the European Space Agency Copernicus satellite and applies artificial intelligence to detect and measure methane emissions.
The Sniffers, an environmental and integrity service... [Read More]
Oil and Gas News
Jan 19, 2021
Pipelines
Wood has entered into a new agreement with Spirit Energy to partner on the delivery of solutions for the Morecambe Bay gas fields - one of the UK’s largest gas accumulations.
The five-year contract, valued at $130 million (€146 million), will see Wood use its experience and capability in late life asset optimisation and management to extend field life, lower costs... [Read More]
Oil and Gas News
Jan 18, 2021
Pipelines
German authorities gave given the green light to resume a subsea natural gas pipeline from Russia.
The decision by the Federal Maritime and Hydrographic Agency can be appealed, meaning there could be another halt to the construction on the Nord Stream 2 project, which has drawn criticism from the US and environmental groups.
The US government has argued that the Baltic... [Read More]
Oil and Gas News
Jan 18, 2021
Pipelines
Conrad Energy has signed another two contracts with Siemens over the supply of containerised gas engines for two new peaking power plants in Wrexham and Bilston in the UK.
This is in addition to a contract received earlier in 2020 for a plant in Sittingbourne.
The new gas-to-electricity plants will feed additional energy into the National Grid at times of peak demand,... [Read More]
Oil and Gas News
Jan 15, 2021
Pipelines
Porthos is on schedule to store 2.5 million tonnes of CO2 annually from the industry in empty gas fields beneath the North Sea from 2024.
By the end of last year, four companies registered for a total of €2 billion from the sustainable energy transition scheme (SDE) for the next 15 years.
This year, the Porthos project organisation that includes EBN, Gasunie and... [Read More]
Oil and Gas News
Jan 14, 2021
Pipelines
Weir Oil & Gas Dubai has signed a five-year $70 million (€57 million) contract with a Thai firm to supply and install 1,800 sets of wellheads and trees in the Gulf of Thailand.
The agreement with Thailand’s PTT Exploration and Production (PTTEP), a subsidiary of state-owned energy conglomerate PTT, represents one of the largest recent projects in South-East Asia.
This... [Read More]
Oil and Gas News
Jan 12, 2021
Pipelines
Wood, the global consulting and engineering company, has secured a contract valued at over $120 million (€98 million) with a Chinese company.
The deal with Sinopec Hainan Refining and Chemical Limited Company (Sinopec) is to provide engineering, procurement and construction (EPC) services to expand its refinery development in the Hainan Free Trade Zone in South China.
Under... [Read More]
Oil and Gas News
Jan 8, 2021
Pipelines
North America is expected to have the maximum share of the global oil and gas trunk/transmission pipeline length by 2024 - representing around 43%.
Running for a length of 899,399 km, the region continues to lead global pipeline additions with 25,335 km, lagging only behind Asia, GlobalData revealed.
GlobalData’s report, Global Oil and Gas Pipelines Industry Outlook... [Read More]
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