Oil and Gas News
Pipelines
Pipelines
Easton Energy has entered into an agreement to sell its Gulf Coast Liquids Pipeline System to ONEOK for approximately $280 million (€257 million).
Easton will retain, and continue operating, its natural gas liquids (NGL) and olefins storage business located in Markham, Texas.
The system included in the transaction is comprised of approximately 450 miles of NGL and hydrocarbon pipelines…
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Pipelines
India is set to dominate the number of trunk/transmission pipeline projects that are expected to start operations in Asia during 2024-2028 - contributing about 43% of the region’s total projects count by 2028.
GlobalData’s latest report, “New Build Trunk-Transmission Pipelines Projects by Development Stage, Regions, Countries, Project Type and Forecast to 2028,” revealed that out of 62…
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Pipelines
thyssenkrupp nucera is the preferred supplier of a 300-megawatt (MW) electrolyser for Cepsa’s green hydrogen plant in Spain.
Under an agreement announced at the World Hydrogen Summit in Rotterdam, the Spanish energy company Cepsa has awarded the specialist a contract to provide a basic engineering design package.
thyssenkrupp nucera, one of the world’s leading suppliers of high-efficiency…
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Pipelines
The ExxonMobil-led Liza Unity FPSO project in the prolific Stabroek block offshore Guyana has reached peak production at 252,000 bpd, Reuters reported.
The announcement was made at the 2024 Offshore Technology Conference, held in Houston, Texas.
Exxon anticipates first oil production from their newest vessel, One Guyana, next year.
The consortium, including ExxonMobil, Hess and China’s…
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Pipelines
Shell will divest its majority shareholding from a local South African downstream unit after a review of its businesses, Reuters reported.
"As a result of this review, Shell has decided to reshape the downstream portfolio and intends to divest our shareholding in SDSA," a Shell statement said.
Shell Downstream SA (SDSA) was formed a decade ago after Shell South Africa and Thebe Investment…
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Pipelines
Sharjah has discovered new gas reserves in the onshore Al Hadiba field.
The emirate has not revealed the volumes of gas discovered as it has yet to test the field located north of the Al Sajaa Industrial Area, according to the Sharjah Government Media Bureau.
“The new field was discovered after the Sharjah National Oil Corporation (SNOC) drilled a well over the past few months, and the well…
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Pipelines
Uniper-owned OKG has entered into an agreement with Hynion for the delivery of hydrogen from its hydrogen plant in Oskarshamn.
With another supplier, Hynion ensures the availability of hydrogen and prepares for increasing hydrogen-powered traffic in Sweden.
Hynion, which continuously strives to enhance the operational reliability of its hydrogen refuelling stations, is now taking an important…
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Pipelines
bp has announced a potential start date for its Tiber offshore oil project in the US Gulf of Mexico.
According to Andy Krieger, BP's senior vice-president of its Gulf of Mexico and Canada operations, the oil and gas major is contemplating a decision to proceed with its Tiber offshore oil project in the area by next year.
It is aiming to increase its production to 400,000 boed by 2030, up from…
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Pipelines
H-TEC SYSTEMS and Bilfinger have signed a Memorandum of Understanding (MoU) for a collaboration aimed at jointly developing green hydrogen projects in Europe.
The non-exclusive strategic partnership is centred on the development of large-scale electrolysis projects.
A core element of the collaborative initiative between H-TEC SYSTEMS and Bilfinger is to jointly develop green hydrogen project…
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Pipelines
Wood has been awarded a new decarbonisation contract by TotalEnergies to support flare gas recovery in the North Sea.
The 23-month contract, part of the Elgin-Franklin Flare Gas Recovery System Project, follows Wood’s successful completion of a field study and front-end engineering design (FEED) and includes the coordination of operations, procurement and design aspects for the Elgin asset.…
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Pipelines
Two hydrogen projects owned by CI Energy Transition Fund I, managed by Copenhagen Infrastructure Partners, were successful in securing grants from the European Commission.
Catalina was awarded €230 million while Madoqua was awarded €245 million.
The two projects are cornerstones in the future decarbonisation of European hard-to-abate energy sectors like shipping and heavy industries.…
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Pipelines
Lhyfe has announced the signing of a memorandum of understanding for the creation of a green hydrogen production unit near Ugitech’s Ugine site (Savoie, France) to decarbonise part of the steelmaker’s industrial operations and help decarbonise local mobility.
This site, which is to be located in the heart of the French Alps where the 2030 Winter Olympics will be held, should also contribute…
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Pipelines
Shell UK has taken a final investment decision (FiD) on the Victory gas field in the UK North Sea - 47 km north-west of the Shetland Islands.
Once onstream, the field will help to maintain domestically produced gas for Britain’s homes, businesses and power generation.
The development will feature a single subsea well which will be tied back to existing infrastructure of the Greater Laggan…
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Pipelines
A new LPG terminal is now operational in Teesside that will improve the security of the nation’s off-grid energy supply – providing up to 90,000 tonnes of LPG each year to homes and businesses across Northern England, Scotland and Northern Wales.
Commissioned by leading LPG supplier Flogas Britain, alongside partners North Sea Midstream Partners (NSMP) and Exolum Seal Sands, the facility is…
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Pipelines
Aramco has awarded engineering, procurement and construction (EPC) contracts worth $7.7 billion (€7.2 billion) for a major expansion of its Fadhili Gas Plant in the Eastern Province of Saudi Arabia.
The project is expected to increase the plant’s processing capacity from 2.5 to up to 4 billion standard cubic feet per day (bscfd).
This additional 1.5 bscfd of processing capacity is expected…
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Pipelines
MOL Group has handed over a 10 megawatt capacity green hydrogen plant in Százhalombatta which is the largest in central and eastern Europe.
The €22 million investment makes fuel production more sustainable - the plant will reduce the Danube Refinery's carbon dioxide emissions by 25 000 tonnes.
The green hydrogen plant, with a 10 megawatt electrolysis unit, was created by Plug Power and it…
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Pipelines
Kent, a global integrated energy services provider has been awarded a comprehensive three-year framework contract with Repsol Norge for various operations in the Norwegian sector of the North Sea.
This contract encompasses a wide range of critical services including studies, specialist engineering support, EPCI (Engineering, Procurement, Construction, and Installation) packages, and the…
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Pipelines
TotalEnergies has agreed to acquire the 20% interest held by Lewis Energy Group in the Dorado leases operated by EOG Resources (80%) in the Eagle Ford shale gas play.
This increases its natural gas production capacity in Texas and further strengthens its business integration in the US LNG value chain.
Located in Texas, the Dorado field will allow TotalEnergies to increase its net US natural gas…
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