For over 20 years the Talking Heads in the European gas industry have predicted huge drops in the supply of Norwegian gas to the continent. The reason provided was that Norway's gas reservoirs were becoming depleted. This past year the prediction has come true, but not for the depletion of reservoirs.
Houston-based Kinder Morgan has sold its Pembina Pipeline interest (25 million shares) for $764 million after taxes and the added cash will be used in its 2020 budget to reduce debt. Kinder Morgan acquired the shares when Pembina bought Kinder Morgan Canada last August as part of a C$4.35 billion ($3.33 billion) deal.
For all of the vaunted efficiency of the US sanctions regime, intending to close off Iran from global pipeline developments, Iran is expected to lead the Middle East’s oil and gas new-build trunk/transmission pipeline length additions, contributing around 43% of the region’s planned and announced pipeline length additions between 2020 and 2023.
T.D. Williamson (TDW), the global pipeline services provider, turned 100 on Jan. 2, 2020. The company will use the occasion to recognize how it has grown alongside the oil and gas industry, salute the people responsible for that growth and celebrate its partnerships with leading pipeline organizations.
The European Network of Transmission System Operators for Gas (ENTSOG), in cooperation with Gas Infrastructure Europe (GIE), have published the eight edition of the System Development map, which illustrates existing and planned gas infrastructure and gas capacities.
Russia and Ukraine have agreed on a gas transit contract. A basic regulation for the transit of Russian gas through Ukraine to Europe have been clarified in a last minute effort.
Following the US sanctions against the Nord Stream 2 pipeline and the halt of all remaining construction works, Russia now expects the European Union to find a way out of the situation. The EU has an interest in its own energy security at acceptable prices, said the Russian Vice-Chancellor Dmitry Kozak.
Almost ten years ago a natural gas field off the coast of Israel has been discovered. The exploitation is now beeing delayed in the last possible minute because of concerns about health hazards. Now objections are being examined all over again.
Intero Integrity Services has announced that they have acquired The Sniffers, a longstanding service provider to the oil & gas industry and specialized in emission monitoring and pipeline integrity services.
The climate target to reduce CO2 emissions in Belgium by 80% by 2050 compared to 2005 levels is a major challenge. Hydrogen has an important role to play in the mix of solutions to achieve results. That is why Deme, Engie, Exmar, Fluxys, Port of Antwerp, Port of Zeebrugge and WaterstofNet are joining forces.
Energy Transfer is ready to significantly increase the capacity of the Dakota Access oil pipeline by 500,000 barrels per day. And so on 13 November North Dakota's all republican regulatory body, otherwise known as the Public Service Commission (PSC), held a hearing before the pipeline's advocates and detractors and locals' opinions were split right down the middle.
The small west African country of Equatorial Guinea, boasting the continent's best infrastructure (all attributable to its relatively vast hydrocarbon wealth - proven natural gas reserves estimated of 4.5 trillion cubic feet), has awarded Italy's Saipem a contract worth $90 - $100 million to build a 70km subsea pipeline connecting the Alen Platform with the Punta Europa petrochemical hub.
Pipeline contractors can look back on year 2019 as a banner year. Of the 134 active gas pipeline construction projects 46 will be completed by year's end and natural gas pipeline capacity is expected to increase between 16 and 17 billion cubic feet per day, according to the U.S. Energy Information Agency (EIA).
An oil pipeline has exploded Wednesday in Egypt, killing and injuring multiple people. According to the authorities, at least six people were killed and 16 others injured. The victims are said to be oil thieves.
STATS Group has signed an exclusive partnership with Safari Oil & Gas (SOG) in the Kingdom of Saudi Arabia (KSA).
Safari Oil & Gas has strong links to the Kingdom’s main hydrocarbon producers and the partnership will promote STATS’ patented range of pipeline isolation and intervention technologies.
