Oil and Gas News
Pipelines
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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Pipelines
More than 5.8 billion cubic meters (bcm) of Russian gas was transferred to Europe from Turkey via the TurkStream natural gas pipeline last year.
The TurkStream pipeline was opened by Turkish President Recep Tayyip Erdoğan and his Russian counterpart Vladimir Putin in January 2020.
Russian natural gas was transferred to consumers in Bulgaria, Greece, Macedonia and Romania after the first gas…
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Pipelines
The Russia-led Nord Stream 2 consortium is expected to start laying gas pipes in Danish waters after construction was suspended following the threat of sanctions from the US, according to a Danish maritime regulator.
Nord Stream 2, designed to double capacity of the existing undersea Nord Stream gas pipeline from Russia to Germany, has been controversial with the US seeking to cut Europe’s…
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Pipelines
Environmental groups are urging the courts to block the selling of oil drilling rights in the Arctic National Wildlife Refuge in Alaska.
The groups filed requests with an Anchorage judge for a preliminary injunction to prevent the Interior Department’s planned January 6 auction of oil and gas leases across the refuge’s 1.56-million-acre coastal plain, Reuters reported.
After the Trump…
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Pipelines
The technology group Wärtsilä has been awarded a contract to convert the UTE Ponta Negra power plant to operate on natural gas instead of diesel fuel.
The conversion at the plant located in the Brazilian city of Manaus, will upgrade its performance, reduce its environmental impact, lower the operating costs and ensure its availability and performance reliability.
The contract with GERA…
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Pipelines
Nigeria is expected to drive the refinery capacity growth in Africa by 2024, contributing around 71% of the region’s total growth.
The country is likely to add 1.5 million barrels per day (mmbd) of refinery capacity by 2024, according to GlobalData.
The data and analytics company report Refining Industry Outlook in Africa to 2024 revealed that refining capacity in Africa was expected to…
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Pipelines
The Canadian energy regulatory has recommended that NOVA Gas Transmission’s Edson mainline expansion project be approved.
The project involves the construction and operation of 85km of natural gas pipeline.
It is needed to increase pipeline capacity and move gas from the Peace River Project Area to growing markets in central and southern Alberta.
After considering the evidence and…
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