Jan 7, 2022
Exxon discoveries set to boost oil production
Oil and Gas News
Jan 6, 2022
Pipelines
Saudi Aramco has signed a $15.5 billion (€13.7 billion) lease and leaseback deal involving its natural gas pipeline network.
This is alongside a consortium led by US investment firm BlackRock Real Assets and Hassana Investment Company, the investment management arm of the General Organisation for Social Insurance (Gosi) in Saudi Arabia.
As part of the transaction,... [Read More]
Oil and Gas News
Jan 5, 2022
Pipelines
The US state of West Virginia has granted a key permit for the construction of a controversial pipeline stretching for over 300 miles.
The state's Department of Environmental Protection (DEP) has granted a water protection permit for the construction of the Mountain Valley Pipeline (MVP), certifying the natural gas pipeline has met state standards for water quality.
The... [Read More]
Oil and Gas News
Jan 5, 2022
Pipelines
State-owned oil refiner Indian Oil Corporation (IOC) is planning to invest $1.19 billion (€1 billion) for the construction of a new crude oil pipeline project.
With a capacity of 17.5 million tonne per annum (MMTPA) capacity, the pipeline will run from the port city of Mundra in Gujarat to IOC’s Panipat refinery in Haryana.
The project will also include installation... [Read More]
Oil and Gas News
Jan 4, 2022
Pipelines
The SOTE oil pipeline, as part of Ecuador's state-owned operations, has restarted pumping following essential repairs to address erosion.
The work in the country's Amazon region has been completed, the energy ministry said, adding that operations in oil fields has restarted.
The erosion, a naturally occurring phenomenon along the Coca River, forced a halt to pumping... [Read More]
Oil and Gas News
Dec 15, 2021
Pipelines
bp has awarded contracts as part of its dual Front End Engineering Design (FEED) competition to two separate consortiums of engineering, carbon capture licensors, power providers and EPC contractors.
The awards to the operator of Net Zero Teesside Power (NZT Power) and the Northern Endurance Partnership (NEP) represent an important next step towards... [Read More]
Oil and Gas News
Dec 14, 2021
Pipelines
SGN, Macquarie’s Green Investment Group (GIG) and Esso have announced that they have signed a Memorandum of Understanding (MoU) to explore the use of hydrogen and carbon capture to help reduce emissions in the Southampton industrial cluster.
Southampton has one of the largest industrial sectors in the UK.
An initial feasibility study by SGN and GIG showed the annual... [Read More]
Oil and Gas News
Dec 13, 2021
Pipelines
Toyo Engineering India has successfully been awarded a contract by Numaligarh Refinery Limited (NRL) for the engineering, procurement, construction and commissioning of a 3.55 MMtpy diesel hydro-treating (DHT) Unit.
The wholly owned subsidiary of Toyo Engineering Corporation, will carry out the work in Assam state of India.
NRL is a public sector undertaking governed... [Read More]
Oil and Gas News
Dec 8, 2021
Pipelines
The first US industrial-scale renewable natural gas facility using agricultural residues as a feedstock has started operations in the city of Nevada, Iowa.
Following two-and-a-half years of construction and transformation of VERBIO’s Nevada plant, Greg Faith, the company’s president and general manager, announced the facility is now injecting pipeline-quality natural... [Read More]
Oil and Gas News
Dec 7, 2021
Pipelines
Singapore LNG Corporation (SLNG) and Linde Gas have signed a Memorandum of Understanding (MoU) to collaboratively explore the feasibility and development of a CO2 liquefaction and storage facility.
The new plant will be located adjacent to the SLNG terminal on Jurong Island in the city state.
The project concept involves using cold energy from the SLNG terminal’s... [Read More]
Oil and Gas News
Dec 3, 2021
Pipelines
Shell has announced that it is exiting from the Cambo oil field development in Scotland.
The oil and gas major had a 30% stake in the controversial development in Scotland.
However, Shell said the economic case for investment in the project was "not strong enough".
Shell said it had carried out "comprehensive screening" before reaching a decision to "ensure the... [Read More]
Oil and Gas News
Nov 29, 2021
Pipelines
bp confirmed it is planning a new large-scale green hydrogen production facility in the north east of England that could deliver up to 500Mwe of hydrogen production by 2030.
HyGreen Teesside is expected to be developed in multiple stages.
bp is aiming to start production by 2025, with an initial phase of some 60MWe of installed hydrogen production capacity.
A... [Read More]
Oil and Gas News
Nov 29, 2021
Pipelines
Snam will purchase a stake in pipelines carrying Algerian gas into Italy in a move that could pave the way for hydrogen imports from Africa into Europe.
Europe's biggest gas infrastructure group based in Italy said it would pay energy company Eni €385 million for a 49.9% stake in the pipelines to jointly control the assets with its fellow Italian company, Reuters reported.
Snam,... [Read More]
Oil and Gas News
Nov 26, 2021
Pipelines
Western Canadian oil and gas producers will drill 27% more wells in 2022 than the previous year, returning to pre-pandemic levels as prices rebound and pipeline projects advance, the Canadian Association of Energy Contractors (CAOEC) revealed.
Companies are likely to drill 6,457 wells, an increase of 1,363 from 2021 and slightly above 2019's total, the association's chief... [Read More]
Oil and Gas News
Nov 26, 2021
Pipelines
APA Group plans to convert 43 km gas pipeline in Western Australia into a 100% hydrogen-ready transmission pipeline.
The Australian energy infrastructure company said it aimed to prove the capacity of the existing gas network to transport pure hydrogen or hydrogen blended with natural gas.
The $3 million (€2m) project at the Parmelia Gas Pipeline will cover three phases... [Read More]
Oil and Gas News
Nov 25, 2021
Pipelines
Frames, in collaboration with Hydrogenious LOHC Technologies and MAN Energy Solutions, is designing a modular and skid-mounted liquid organic hydrogen carrier (LOHC) storage plant.
This will be the first industrial scale LOHC plant in Cologne, located at CHEMPARK Dormagen, Germany, and will have the capacity to store 5 tonnes of hydrogen per day.
Hydrogenious LOHC Technologies,... [Read More]
Oil and Gas News
Nov 22, 2021
Pipelines
Ecuador's state-owned oil company Petroecuador has awarded a contract to Trafigura for exporting fuel oil.
The contract will include the delivery of between 30% and 50% of the annual production of fuel oil, mostly used in power generation, in the Esmeraldas refinery, Ecuador's largest, which has a capacity to refine 110,000 bbl of crude per day.
Trafigura was the only... [Read More]
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