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Pipelines
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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 of the pipeline expected…
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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 held a 13.7% share…
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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 Programme.
The $4 million…
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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, the world’s…
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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) saw the most activity in Q4…
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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 immediately at Subsea…
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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 double the capacity of…
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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 averaged 32.19 billion…
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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 provider, conducts in-…
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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 in the North Sea, 24 are in…
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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 and reduce late life carbon…
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Pipelines
Conrad Energy has signed another two contracts with Siemens over the supply of containerised gas engines for two new peaking power plants in Wrexham and Bilston in the UK.
This is in addition to a contract received earlier in 2020 for a plant in Sittingbourne.
The new gas-to-electricity plants will feed additional energy into the National Grid at times of peak demand, boosting the UK’s…
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Pipelines
German authorities gave given the green light to resume a subsea natural gas pipeline from Russia.
The decision by the Federal Maritime and Hydrographic Agency can be appealed, meaning there could be another halt to the construction on the Nord Stream 2 project, which has drawn criticism from the US and environmental groups.
The US government has argued that the Baltic Sea pipeline would make…
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Pipelines
Porthos is on schedule to store 2.5 million tonnes of CO2 annually from the industry in empty gas fields beneath the North Sea from 2024.
By the end of last year, four companies registered for a total of €2 billion from the sustainable energy transition scheme (SDE) for the next 15 years.
This year, the Porthos project organisation that includes EBN, Gasunie and the Port of Rotterdam…
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Pipelines
Weir Oil & Gas Dubai has signed a five-year $70 million (€57 million) contract with a Thai firm to supply and install 1,800 sets of wellheads and trees in the Gulf of Thailand.
The agreement with Thailand’s PTT Exploration and Production (PTTEP), a subsidiary of state-owned energy conglomerate PTT, represents one of the largest recent projects in South-East Asia.
This contractual agreement…
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Pipelines
Wood, the global consulting and engineering company, has secured a contract valued at over $120 million (€98 million) with a Chinese company.
The deal with Sinopec Hainan Refining and Chemical Limited Company (Sinopec) is to provide engineering, procurement and construction (EPC) services to expand its refinery development in the Hainan Free Trade Zone in South China.
Under the new contract,…
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Pipelines
North America is expected to have the maximum share of the global oil and gas trunk/transmission pipeline length by 2024 - representing around 43%.
Running for a length of 899,399 km, the region continues to lead global pipeline additions with 25,335 km, lagging only behind Asia, GlobalData revealed.
GlobalData’s report, Global Oil and Gas Pipelines Industry Outlook to 2024 – Capacity…
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Pipelines
Pakistan will build a new 1,100 km pipeline in July with Russia that will allow it to operate more liquefied natural gas (LNG) terminals.
Pakistan's gas distribution companies Sui Southern Gas and Sui Northern Gas Pipelines, which have started acquiring land for the pipeline, will be a part of the project, while a Russian consortium will lead construction.
Pakistan has become one of the top…
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