Energy Transfer Equity LP took a major step in consolidating its partnership assets with a $38 billion acquisition of Williams Cos., fitting CEO Kelcy Warren’s long-standing formula for building an energy empire: Buy companies that connect the dots in the industry to leapfrog competitors.
The ROSEN Group stole the show at this month’s Rio Pipeline Conference by landing the prestigious American Society of Mechanical Engineers (ASME) Global Pipeline Award. The Trophy was personally handed over to Hermann Rosen, CEO of the ROSEN Group.
In difficult marketing conditions the Voestalpine Group has been awarded a contract by the National Gas and Industrialization Company (GASCO) of the United Arab Emirates (UAE) to supply 95,000 tons of premium line pipe plates for the 114 km high - pressure Integrated Gas Development Pipeline (IGD-E) project in Abu Dhabi.
Trans Adriatic Pipeline (TAP) which will transport natural gas from the giant Shah Deniz II field in Azerbaijan to Europe through an 870 km long pipeline, has awarded the contract for the supply of six gas turbine turbo compressor units to Siemens AG.
Eni, the Italian oil and gas giant, has startled the petroleum industry with the announcement of a supergiant gas discovery at its Zohr prospect in Egypt's offshore economic waters. The field could potentially hold 30 trillion cubic feet of lean natural gas in place, the largest ever made in the Mediterranean Sea.
The Ontario Energy Board has voiced its opinion on the $12 billion Energy East oil pipeline project, reflecting the concerns of the communities along the route that the environmental risks are greater than the potential benefits.
Nordstream II, a proposed gas pipeline project connecting Russian and German coasts from the floor of the Baltic Sea, has taken another step forward with the recent signing of a Memorandum of Intent between Gazprom and BASF in Berlin.
After months of deliberation government officials in Uganda and Kenya have agreed on a route for a 1500 km pipeline to transport oil from Uganda's Lake Albert basin to Lamu, Kenya on the Indian Ocean.
STATS Group, a Scottish company providing full service capability for the maintenance, repair and modification of oil and gas installations and pipelines, onshore and offshore, has been awarded a contract for its Emergency Pipeline Repair System (EPRS) over $10 million stretching 10 years for the design, manufacture and test pipeline isolation and intervention equipment for a range of pipeline
GRTgaz, one of Europe’s leading natural gas transmission companies and a world expert in gas grids and transmission systems, has selected AIR MARINE, a subsidiary of the AMAE Group, to lead a monthly drone surveillance of 80 km of natural gas pipelines.
In a major development throwing into question the viability of the proposed Turkish Stream Gas Pipeline Project, Saipem announced that Gazprom had cancelled its $2.6 billion contract to build the pipeline on the floor of the Black Sea.
Responding to recent spate of pipeline ruptures and explosions over the past year, the American Petroleum Institute (API) together with the National Transportation Safety Board (NTSB) and the Pipeline and Hazardous Materials Safety Administration (PHMSA) has announced a new pipeline safety management standard titled Recommended Practice (RP) 1173.
Subsea 7, a global contractor specializing in seabed to surface engineering and construction and headquartered in the UK, has been awarded four contracts by Chevron Australia and INPEX Operations Australia for the engineering, procurement and construction (EPC) of an Emergency Pipeline Repair System (EPRS) for offshore use in Australia.
TransCanada Corporation, operating one of the largest natural gas pipeline systems in North America, announced that the National Energy Board has authorized the company to go ahead with the King's North Connection project, part of a $500 million pipeline and facility expansion within the Eastern Triangle of the Canadian system.
Energy Transfer Partners (ETP), a Dallas based natural gas and propane company, has received permission from state officials in North Dakota to construct a large crude terminal near Watford City, North Dakota, one of six planned in the state for the proposed 1134 mile Dakota Access Oil Pipeline.