Pipeline Business

For the second time in less than a year Canada has invoked a 1977 Pipeline Treaty with the United States to prevent the closure of Enbridge's Line 5 pipeline in Wisconsin.

Russia is burning an estimated $10 million worth of natural gas every day near its border with Finland, close to a compressor station at the beginning of Nord Stream 1, one of the main Russian pipelines carrying gas to Germany.

Last month, Gazprom and the National Iranian Oil Company (NIOC) signed a $40 billion Memorandum of Understanding (MoU). The MoU has been hailed as a move that will enable Iran and Russia to implement their long-standing plan of becoming the major players in a global cartel for gas suppliers, similar to the Organization of the Petroleum Exporting Countries (OPEC) for oil suppliers.

Direct-C, an Alberta-based company with leak detection and monitoring, has been working with Henkel Adhesive Technologies since 2018 to assess whether its oil leak detection technology could be used alongside the German manufacturing giant’s repair wrap product.

USA-headquartered refiner Phillips 66 (PSX.N) has tendered an offer to acquire public units of DCP Midstream (DCP.N) in a bid to scale up the company's value and output. According to a Reuters report published on Wed August 17, 2022, the deal would bulk up Phillip's natural gas liquids business and value the pipeline operator at $7.2 billion.

Croatia, seeking new sources of natural gas following Russia's War of Aggression on Ukraine, has announced that it will invest 180 million euros to build a new gas pipeline connecting the towns of Zlobin and Bosiljevo in northwestern Croatia.  

Baker Hughes, one of the world's foremost energy technology companies providing solutions to energy and industrial customers around the globe, has announced the acquisition of Quest Integrity with the aim of expanding asset inspection solutions for the energy and industrial sectors of the international economy.

Bilfinger announced it was using its expertise and experience to support the engineering of Gasunie’s HyStock project, an underground green hydrogen facility near Zuidwending in the Netherlands.

The Nigerian National Pipeline Company (NNPC) Limited, on August 13, 2022, launched an app to monitor and help curb oil theft and pipeline vandalism.

Given the vagaries of transporting hydrocarbons through Russia nowadays, Kazakhstan is expected to sell some of its crude oil through Azerbaijan's pipeline that delivers oil to Turkey's Mediterranean port of Ceyhan.

For 20 years, they have been shipped through the CPC pipeline to Russia's Black Sea port of Novorossiisk, which provides access to the global market.

German Chancellor Olaf Scholz has called for the construction of a gas pipeline from Portugal through Spain, France, Germany and the rest of Central Europe.  Such a connection he said would bring massive relief to a continent in the grip of tight energy supplies  and help to further reduce energy dependency on Russia.

Israeli Natural Gas Lines recently entered into a strategic investment contract with Prisma Photonics, a company developing advanced real-time critical infrastructure monitoring systems.

Rosen Group, one of the world’s leading suppliers for pipeline integrity management, has secured five-year in-line inspection service deals for the Pan Malaysia pipeline for Petroleum Arrangement Contractor (PACs) and PETRONAS Group, a Malaysian oil and gas company.

Gazprom, Russia's state energy giant, has significantly reduced the flow of gas through Nord Stream 1, now at 20 percent of capacity.

By virtue of its geographic position, significant sunny days and abundant wind, Greece is being seen as the new hub for hydrogen in Europe.