Oil and Gas News

Aug 14, 2019
Pipelines
Global trading company Trafigura has begun shipments of crude oil from the Permian Basin to Corpus Christi in Texas, US via the newly operational Cactus II pipeline. The shipments are part of a long-term volume commitment announced by Trafigura in early 2018 and represents the initial commercial service of Cactus II. Deliveries will connect to a waterborne export service to Europe and the rest…
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Pipelines
Japanese drone company Terra Drone is expanding its footprint in North America through a partnership with US-based Ventus Geospatial, a provider of oil and gas inspection solutions and mapping services. The combined entity will be known as Terra Drone Ventus and will provide inspection and survey solutions in the oil and gas, power, renewables, and mining sectors through its three North…
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Aug 9, 2019
Valves
PJ Valves (PJV), a supplier of valves to the energy industry, has won three significant floating production and offloading (FPSO) valve contracts for projects located in Brazil, Mexico and Nigeria. Under the Brazilian contract, PJV will manufacture and supply to a project in the Santos Basin, delivering a range of globe and check valves made from carbon stainless steel, duplex and Inconel clad…
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Aug 9, 2019
Valves
Hundreds of Rotork’s electric actuators will be used to control the flow of hydrogen gas at a fuel cell power plant located in South Korea. Over 90 CVL linear electric actuators, as well as 184 EnMax quarter-turn electric actuators will be installed on Doosan Fuel Cell’s project at Hanhwa Total’s fuel cell plant in Daesan, South Korea. The actuators will be used to operate globe and ball…
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Aug 8, 2019
Pipelines
Canada-based Inter Pipeline has received commercial support for the construction of a $100 million (€89 million) pipeline connection between its Bow River and Central Alberta pipeline systems. The Viking Connector pipeline will connect various grades of light crude oil from the Viking and Mannville formations in east-central Alberta to the Edmonton market hub. "The Viking Connector…
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Aug 6, 2019
Pipelines
The Balticconnector project’s offshore pipeline, which connects Inkoo in Finland to Paldiski in Estonia, has been completed on schedule. Of the five project worksites, the offshore pipeline is the first to be finished. The bidirectional offshore pipeline is approximately 77km long and will run from Inkoo to Paldiski, located around 50km west of Tallinn. During planning stages,…
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Aug 2, 2019
Pipelines
A natural gas pipeline in Enbridge’s Texas Eastern pipeline network near Danville, Kentucky, exploded on 1 August, killing one person and injuring a further five. In a statement released by Enbridge, which is responding to the incident, president and CEO Al Monaco said: “We are deeply saddened that this incident has resulted in a fatality. I want to express our condolences to the family…
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Aug 1, 2019
Pipelines
The Abu Dhabi National Oil Company (ADNOC) has inked a pipeline infrastructure investment agreement with Singapore’s sovereign wealth fund, GIC. As part of the deal, GIC will invest $600 million (€543 million) in select ADNOC crude pipeline infrastructure. The investment follows agreements signed earlier this year by BlackRock, KKR and the Abu Dhabi Retirement Pensions and Benefits Fund…
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Jul 31, 2019
Pipelines
Royal Boskalis Westminster has won a contract for seabed intervention and shore crossing activities for Woodside’s proposed Scarborough export gas pipeline in Australia. The contract, which was awarded by Woodside Energy, is potentially worth €145 million if all options are included. It is subject to a final investment decision, which is expected in 2020. The seabed intervention and…
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Jul 31, 2019
Pipelines
Private equity firm Arsenal Capital Partners has announced the acquisition of Seal for Life Industries from Berry Global Group, for $323 million (€289.5 million). Seal For Life has a large portfolio of corrosion protection and sealing solutions, with operations in the Netherlands, Belgium, India, Mexico and the US. The company’s brands focus on preventing and combatting erosion, water…
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Jul 30, 2019
Valves
Flow equipment provider Metso has signed new distributor agreements with eight European partners for its valve business, during the first six months of 2019. The agreements include: Eck Boro in Switzerland; Gemza in Azerbajan; Geryon in Bulgaria; Mach in Germany; PCE in Portugal; PMS in Austria; Reflow in Slovakia; and Rombet in Romania. The new European distributors serve a range of…
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Jul 30, 2019
Valves
The Weir Group has released its interim results for the first half of 2019, reporting operating profits of £172 million (€187.6 million), an increase of 5%. The Glasgow-headquartered engineering company highlighted a 17% order growth for H1, benefitting from its recent portfolio transformation. The sale of its Flow Control business was completed for an enterprise value of £275 million…
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Jul 29, 2019
Pumps
Upstream pumping equipment provider Weir Oil & Gas has introduced a new frac pump, the SPM® Quintuplex Extended Max (QEM) 5000 E-Frac Pump. The frac pump is the industry’s first continuous duty 5,000-horsepower pump designed for electric or gas turbine-driven applications. Demands at frac sites have increased over the past few years; lateral lengths are now 43% longer, the number of…
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Jul 25, 2019
Pipelines
Natural gas infrastructure provider Williams has acquired and placed into service the Norphlet deepwater gathering pipeline system, constructed by Shell Offshore and CNOOC Petroleum Offshore. The 16-inch pipeline extends 54 miles from the Shell-operated Appomattox floating production system at a depth of 7,400 feet to the Transco Main Pass 261A junction platform, located south of Mobile,…
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Jul 23, 2019
Pipelines
Technology and engineering company Emerson has completed its $48 million (€42.9 million) contract for automation systems and cloud engineering SaaS for BP’s Shah Deniz 2 project in Azerbaijan. It will continue to carry out a five-year services contract to ensure reliable, safe operations at the project, which includes the first subsea development in the Caspian Sea. Emerson will help to…
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Jul 12, 2019
Pipelines
Growing supply of Permian crude means the basin will need extra crude oil takeaway capacity of up to 500,000 barrels per day (bpd) by the end of next decade, according to new research from global natural resources consultancy Wood Mackenzie. A moderate overbuild of pipeline capacity is expected in the early 2020s as the current wave of pipeline investments are completed, with midstream operators…
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Jul 15, 2019
Pumps
Ebara Corporation has completed construction of its new Components Development and Innovation Center, which will play a critical role in the development and testing of dry vacuum pumps and gas abatement systems. The facility, known as the V6 Building, is due to begin full operations in October 2019. With an investment of approximately 1 billion yen (€8.2 million), the facility is located in…
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Jul 19, 2019
Level Monitors
Level measurement solutions provider Emerson has enhanced its Rosemount 5300 Guided Wave Radar Level Transmitter to optimise separation process performance and prevent costly product ingress. The enhancement enables the accurate measurement of a thinner top liquid layer in interface application, according to the company. The Rosemount 5300 is now able to perform measurements to the top of a…
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