Oil and Gas News
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Multinational law firm DWF has highlighted a number of trends for the global energy sector for 2020, with global head of energy Slava Kiryushin offering various insights.
Oil
Commenting on the global oil trade in 2020, Kiryushin expects there to be an oversupply: "Many oil traders have predicted a bullish 2020 for the global oil industry, with some going as far as speculating the revival…
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Pipelines
Calima Energy, which owns and operates drilling and production rights in British Columbia, Canada, has been granted a permit to construct a pipeline to connect the company's well-pad to regional pipeline and processing infrastructure.
Regulatory approval has been given for the company to construct and operate a 19.5km steel 8-inch service pipeline, which will connect existing and future Calima…
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Pipelines
Spanish oil transport and storage company CLH Group has approved a sustainability strategy aimed at achieving carbon neutrality by 2050, in line with the Paris Agreement and the UN’s Sustainable Development Goals.
The plan aims to reduce the company’s net emissions of greenhouse gases by 50% by 2025, and make CLH a carbon-neutral organisation by 2050.
The company is working on reducing…
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Pumps
Fives Cryomec has successfully installed centrifugal pumps, CRYOMEC® single-stage and multi-stage centrifugal labyrinth pumps to an air separation unit (ASU) plant near Houston in the US state of Texas.
A number of years ago, a local subsidiary of Fives’ Cryogenics | Energy business line was opened in Houston to strengthen the company’s position in the North American market.
This…
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Pipelines
Ironwood Midstream Energy Partners has completed its acquisition of midstream assets located in South Texas in the US, including around 150 miles of active crude oil gathering pipelines.
The assets, which were acquired from Twin Eagle Gardendale Pipeline, include the Gardendale and Asherton gathering systems, which total approximately 150 miles of crude oil gathering pipelines with connections…
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Pipelines
The commissioning of the Balticconnector gas pipeline between Finland and Estonia has been celebrated, with ceremonies held simultaneously in Helsinki and Paldiski.
The event was attended by guests of honour Sauli Niinistö, president of the Republic of Finland, Kersti Kaljulaid Estonia's president, Mika Lintilä, Minister of Economic Affairs, and Klaus-Dieter Borchardt, deputy…
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Pipelines
Subsea 7 has won a sizeable contract from Aker BP for the Ærfugl Phase 2 gas field development, located around 210km west of Sandnessjøen in the Norwegian Sea.
The engineering, procurement, construction and installation (EPCI) contract is estimated to be worth between $50 million (€45 million) and $150 million (€135 million).
It is for a long-distance tie-back involving the…
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Pipelines
China has officially launched a new state-owned oil and gas pipeline company – China Oil & Gas Piping Network Corporation – in an effort to revamp the country’s oil and gas pipeline sector.
Commenting on the development, Soorya Tejomoortula, oil and gas analyst at GlobalData, said: “The formation of a national pipeline company is another step to provide stimulus to the country’s…
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Pipelines
The 18 billionth barrel of crude oil from Alaska North Slope has passed through the Trans-Alaska pipeline system (TAPS), marking a significant milestone.
Commenting on the achievement, Tom Barret, president of TAPS operator Alyeska Pipeline Service, said: “This marks another significant operational milestone for TAPS, for Alaska and Alaskans, for the oil and gas industry, and countless…
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Other
Subsea UK has announced a new board of senior subsea leaders, with a mix of expertise and knowledge across the industry.
The new board members for 2020 are Dorothy Burke, managing director at Ecosse IP, Suzy Davies, vice-president HSSE greenfield projects at Aker Solutions, Michael Jones, CEO of SMD, Barry Macleod, CEO of Rever Offshore, Tom Moore, Subsea Maintenance Lead at Shell UK and…
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Pipelines
Senex Energy has announced that Project Atlas has achieved first gas sales into the Australian East Coast market ahead of schedule, with gas being sold to Queensland power generator CleanCo.
Following start-up of the first two trains of the five-train gas processing facility and pipeline, production of sales gas is now underway.
The buyer of the gas is Queensland Government-owned…
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Pipelines
US construction and infrastructure company Primoris Services has won two new pipeline awards worth over $45 million (€40.7 million).
The contracts were secured by Rockford Corporation, which is part of the company’s Pipeline and Underground segment. They cover two natural gas pipeline projects, located in West Texas and Northern Virginia, for a combined total of 24 miles.
Work on the…
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Other
US oil and gas trade association the American Petroleum Institute (API) has made considerable revisions to a key safety standard aimed at enhancing the oil and natural gas industry’s commitment to worker safety, incident prevention and environmental protection in offshore operations.
The standards, API Recommended Practice 75 (RP 75), provides guidance for establishing, implementing,…
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Pipelines
Trans Mountain has marked the start of pipeline construction, with the first pipe on the ground in Alberta, Canada.
The company’s president and CEO Ian Anderson was joined by Seamus O'Regan, Minister of Natural Resources, Government of Canada, Sonya Savage, Minister of Energy, Government of Alberta and local government representatives in Acheson, Alberta at an event marking the start of…
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Pipelines
Engineering consultancy WSP will lead the conceptual design of a new hydrogen pipeline in the North West of the UK, supporting the country’s target of net-zero greenhouse gas emissions by 2050.
The pipeline project, known as HyNet, will be the most advanced hydrogen and carbon capture, utilisation and storage (CCUS) project in the UK. It includes the development of a new hydrogen pipeline…
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Pipelines
Russia has started supplying gas to China via the Power of Siberia pipeline as part of a $55 billion (€49.6 billion) deal between Russian gas group Gazprom and China’s oil and gas major CNPC.
According to Gazprom, a ceremonial event making the start of the first-ever pipeline supplies of Russian gas to China took place on 2 December. Russian President Vladimir Putin, Xi Jinping and…
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Pipelines
The World Bank has approved a grant worth $52.5 million (€47.7 million) to support the Afghanistan Gas Project, which will provide sustainable supply of natural gas to independent power producers in northern Afghanistan.
The project will provide direct financing and technical assistance for the construction, operation and maintenance of a gas pipeline from Sheberghan to Mazar-e-Sharif and a…
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Pipelines
Subsea 7 has been awarded a substantial contract by Woodside for phase 2 of the Julimar-Brunello project, located offshore Australia.
The contract, which is worth between $150 million (€136.2 million) and $300 million (€272.4 million), was awarded earlier this year, subject to final investment decision of the Julimar-Brunello joint venture participants Woodside and KUFPEC, which has now…
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