Kuwait, one of the member states of OPEC producers, has awarded a local company a multimillion project contract for the construction of pipelines worth 42.5 million Kuwaiti dinars ($140 million) to link up the country's oilfields in the South and East, a local newspaper reported on Monday, November 7, 2022.
Enbridge, the international pipeline company based in Calgary, Alberta Canada, has approved the expansion of the southern segment of its British Columbia pipeline system, a project that would cost up to $2.65 billion after strong demand from crude oil producers.
China's total gas demand is likely to plunge for the first time in two decades amid the dwindling economy as the country moves closer to winter, which will see energy demand rise modestly than it has been in previous years.
Turkey’s state-owned energy company, BOTAS Petroleum Pipeline Corporation, has signed a new deal with the National Iranian Gas Company (NIGC) to export more natural gas to Turkey, a senior NIGC official privy to the deal announced last week.
Norway took immediate action after the 26 September discovery of the severely damaged Nord Stream 1 & 2 gas pipelines in the Baltic Sea of the Danish and Swedish coasts to increase pipeline inspections on its 8,800-km pipeline network connecting Norway with continental Europe and Britain.
The prevailing natural gas crisis in Europe has presented a new urgency to the Nigerian government's prospects to ramp up gas production through big-ticket projects such as the AKK and the Trans-Saharan Pipeline already under consideration.
The Power of Siberia project is a unified gas transmission system (GTS) involving the development of a 4,000km-long gas pipeline to transfer natural gas from the Irkutsk gas production centers in the prolific Eastern Russia to the Far East and China. This week Gazprom announced that the Kovykta gas field, the largest in the region, is expected to come onstream in December.
The natural gas spot price in west Texas fell below zero, forcing the producers to foot up the unloading fee, World News Era reported on October 26, 2022. The events came at a time when Europe is grappling with record-high energy prices following a supply decline by the Russian state-owned supplier, Gazprom.
Creaform, a business unit of AMETEK, Inc. providing portable 3D measurement solutions and engineering services, announced today the release of VXintegrity, their new 3D scanning solution for surface damage assessment.
DNV, a Norway-headquartered international accredited registrar and classification society, on October 24, 2022, announced it was taking up a leadership role in three parallel Joint Industry Projects (JIPs) to improve the existing KFX software. This software simulates gas dispersion, fire, and explosions.
South African petrochemicals company Sasol said this past week that it was partnering with steel pipe maker ArcelorMittal of South Africa to explore carbon capture technology and steel production using green hydrogen.
In a proposed pipeline project that flies in the face of the conventional European consensus to lessen the continent's dependency on Russian oil after Russian President Putin's war of aggression in Ukraine, Serbian President Aleksandar Vucic announced this month the construction of a 128-km oil pipeline connecting the northern Serbian City of Novi Sad with Hungary.
The European Green Deal identifies hydrogen as key to a clean and circular economy.
Enagas SA, one of Spain's major gas network operators, could sell some of its assets to fund new pipeline projects in Europe to help Europe wean off Russian energy that the Kremlin has been accused of using to influence global geopolitics. Tallgrass stakes could be part of the long-term disposal.
In hydrogen production, the Netherlands has a sizeable climate target to meet, and the North Sea offers opportunities for generating the required green energy through wind farms.
