Aug 21, 2019
Petrofac nets three-year contract from INEOS for Forties Pipeline
Oil and Gas News
Aug 20, 2019
Pipelines
The US Department of Transportation (DOT) has announced more than $60 million (€54.1 million) in funding for state pipeline and underground natural gas storage safety programmes.
US Secretary of Transportation Elaine Chao said that the DOT’s Pipeline and Hazardous Materials Safety Administration (PHMSA) is awarding the funds through formula grants to support safety... [Read More]
Oil and Gas News
Aug 19, 2019
Pipelines
A pipeline in Alberta, Canada has ruptured, spilling 40,000 litres of crude oil into a creek that flows into the North Saskatchewan River, the Alberta Energy Regulator has reported.
In a notice on the regulator’s website, the incident took place on 15 August on a pipeline operated by Bonterra Energy, around 14km south of Drayton Valley in Alberta. The line was subsequently... [Read More]
Oil and Gas News
Aug 14, 2019
Pipelines
Global trading company Trafigura has begun shipments of crude oil from the Permian Basin to Corpus Christi in Texas, US via the newly operational Cactus II pipeline.
The shipments are part of a long-term volume commitment announced by Trafigura in early 2018 and represents the initial commercial service of Cactus II. Deliveries will connect to a waterborne export service... [Read More]
Oil and Gas News
Aug 8, 2019
Pipelines
Canada-based Inter Pipeline has received commercial support for the construction of a $100 million (€89 million) pipeline connection between its Bow River and Central Alberta pipeline systems.
The Viking Connector pipeline will connect various grades of light crude oil from the Viking and Mannville formations in east-central Alberta to the Edmonton market hub.
"The... [Read More]
Oil and Gas News
Aug 6, 2019
Pipelines
The Balticconnector project’s offshore pipeline, which connects Inkoo in Finland to Paldiski in Estonia, has been completed on schedule.
Of the five project worksites, the offshore pipeline is the first to be finished. The bidirectional offshore pipeline is approximately 77km long and will run from Inkoo to Paldiski, located around 50km west of Tallinn.
During... [Read More]
Oil and Gas News
Aug 2, 2019
Pipelines
A natural gas pipeline in Enbridge’s Texas Eastern pipeline network near Danville, Kentucky, exploded on 1 August, killing one person and injuring a further five.
In a statement released by Enbridge, which is responding to the incident, president and CEO Al Monaco said: “We are deeply saddened that this incident has resulted in a fatality. I want to express our... [Read More]
Oil and Gas News
Aug 1, 2019
Pipelines
The Abu Dhabi National Oil Company (ADNOC) has inked a pipeline infrastructure investment agreement with Singapore’s sovereign wealth fund, GIC.
As part of the deal, GIC will invest $600 million (€543 million) in select ADNOC crude pipeline infrastructure. The investment follows agreements signed earlier this year by BlackRock, KKR and the Abu Dhabi Retirement Pensions... [Read More]
Oil and Gas News
Jul 31, 2019
Pipelines
Private equity firm Arsenal Capital Partners has announced the acquisition of Seal for Life Industries from Berry Global Group, for $323 million (€289.5 million).
Seal For Life has a large portfolio of corrosion protection and sealing solutions, with operations in the Netherlands, Belgium, India, Mexico and the US.
The company’s brands focus on preventing and... [Read More]
Oil and Gas News
Jul 31, 2019
Pipelines
Royal Boskalis Westminster has won a contract for seabed intervention and shore crossing activities for Woodside’s proposed Scarborough export gas pipeline in Australia.
The contract, which was awarded by Woodside Energy, is potentially worth €145 million if all options are included. It is subject to a final investment decision, which is expected in 2020.
The... [Read More]
Oil and Gas News
Jul 25, 2019
Pipelines
Natural gas infrastructure provider Williams has acquired and placed into service the Norphlet deepwater gathering pipeline system, constructed by Shell Offshore and CNOOC Petroleum Offshore.
The 16-inch pipeline extends 54 miles from the Shell-operated Appomattox floating production system at a depth of 7,400 feet to the Transco Main Pass 261A junction platform, located... [Read More]
Oil and Gas News
Jul 23, 2019
Pipelines
Technology and engineering company Emerson has completed its $48 million (€42.9 million) contract for automation systems and cloud engineering SaaS for BP’s Shah Deniz 2 project in Azerbaijan.
It will continue to carry out a five-year services contract to ensure reliable, safe operations at the project, which includes the first subsea development in the Caspian... [Read More]
Oil and Gas News
Jul 12, 2019
Pipelines
Growing supply of Permian crude means the basin will need extra crude oil takeaway capacity of up to 500,000 barrels per day (bpd) by the end of next decade, according to new research from global natural resources consultancy Wood Mackenzie.
A moderate overbuild of pipeline capacity is expected in the early 2020s as the current wave of pipeline investments are completed,... [Read More]
Oil and Gas News
Jan 1, 1970
Pipelines
Japanese drone company Terra Drone is expanding its footprint in North America through a partnership with US-based Ventus Geospatial, a provider of oil and gas inspection solutions and mapping services.
The combined entity will be known as Terra Drone Ventus and will provide inspection and survey solutions in the oil and gas, power, renewables, and mining sectors through... [Read More]
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