Mar 2, 2021
Pipeline links Neste plant to new acquisition
Oil and Gas News
Feb 26, 2021
Pipelines
Perma-Pipe International Holdings has announced its Egypt subsidiary has been awarded $6 million (€4.53 million) in contracts by the China State Construction Engineering Company (CSCEC).
This is for the provision of thermally insulated pipe, field joints and a leak detection system for a district cooling network. This is for the New Urban Communities Authority (NUCA)... [Read More]
Oil and Gas News
Feb 25, 2021
Pipelines
APA Group plans to enable the conversion of 43km from an existing 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... [Read More]
Oil and Gas News
Feb 25, 2021
Pipelines
Qatar has pledged $60 million (€49 million) and the European Union $24 million (€20 million) to establish a gas pipeline from Israel to a power plant in the Gaza Strip. A statement from the Palestinian Prime Ministry said discussions were ongoing about the plans.
The pledges were made during an online meeting between Palestinian Prime Minister Muhammad Shtayyeh, Qatari... [Read More]
Oil and Gas News
Feb 22, 2021
Pipelines
Israel and Egypt’s energy ministers have agreed to build a gas pipeline from the offshore eastern Mediterranean Leviathan field to Egypt.
The aim of the new pipeline is to boost exports into the European market.
The goal is “to increase the gas exports to Europe through the liquefaction facilities in Egypt, in light of the growing demand in Europe for natural gas”,... [Read More]
Oil and Gas News
Feb 18, 2021
Pipelines
The new Biden administration is reviewing US policy towards Nord Stream 2 - a pipeline that will carry Russian natural gas to Germany beneath the Baltic Sea.
The $11 billion (€9.1 billion) undersea pipeline project is more than 90% completed, with about 100 miles remaining to be built.
Building work resumed again on February 6, more than a year after it came to a... [Read More]
Oil and Gas News
Feb 10, 2021
Pipelines
Flogas Britain has revealed plans to construct a gas pipeline into what will become the nation’s largest above ground LPG storage terminal near Bristol.
Work has commenced on the Avonmouth facility, which will see it converted from LNG (liquefied natural gas) to LPG storage.
It is estimated the terminal will be operational by the summer of next year, with completion... [Read More]
Oil and Gas News
Feb 8, 2021
Pipelines
Total oil and gas industry mergers and acquisitions (M&A) in the fourth quarter of last year worth $10.01billion (€8.3 billion) were announced in Canada.
The value marked an increase of 468.3% over the previous quarter and a rise of 504.2% when compared with the last four-quarter average of $1.66 billion (€1.38 billion), according to GlobalData’s deals database.
Canada... [Read More]
Oil and Gas News
Feb 5, 2021
Pipelines
Emissions Reduction Alberta (ERA) has committed nearly $2 million (€1.3 million) in funding to accelerate the adoption of new technologies—electrification, artificial intelligence, machine learning—that can reduce greenhouse gas (GHG) emissions in the pipeline transportation of natural gas.
Funds will be provided to Gazoduq Inc. through ERA's Partnership Intake... [Read More]
Oil and Gas News
Feb 3, 2021
Pipelines
Turboden has been selected as the supplier of a 29 MWe geothermal power plant to be installed in the Philippines.
The Mitsubishi Heavy Industries (MHI) group company will build the facility at the Energy Development Corporation’s (EDC) Palayan Bayan expansion project. The plant is to be built at the Bacon-Manito geothermal facility located in Luzon Island, Philippines.
EDC,... [Read More]
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 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
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 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]
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@Wood has been awarded a front-end engineering design (FEED) contract for increased fuel production at the Dung Quat Oil Refinery in Quang Ngai Province, Central #Vietnam.
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