Pipeline Business

BP Awards Contracts to BHGE & McDermott for Greater Tortue Ahmeyim Natural Gas Project (Copyright by bp)
BP Awards Contracts to BHGE & McDermott for Greater Tortue Ahmeyim Natural Gas Project (Copyright by bp)

BP Awards Contracts to BHGE & McDermott for Greater Tortue Ahmeyim Natural Gas Project

McDermott International and Baker Hughes, a GE company have announced today that they have been awarded subsea umbilicals, risers and flowlines (SURF) and subsea production system (SPS) equipment contracts by BP for the Greater Tortue Ahmeyim natural gas project, located offshore Mauritania and Senegal.

Noble To Sell its Noble Midstream Partners
Noble To Sell its Noble Midstream Partners

Noble To Sell its Noble Midstream Partners

Noble Energy is looking to unload pipeline operator Noble Midstream Partners to focus on core operations and maximize profits, according to people familiar with the issue.

Both Noble Energy and Noble Midstream Partners did not respond to request for comment.

Noble Midstream Partners has a market value of $1.6 billion.

80 Pipeline System Operators from Europe, Asia, MENA and South America Ensure Success for Exhibitors during 14th ptc in Berlin (Photo by Philip Wilson)
80 Pipeline System Operators from Europe, Asia, MENA and South America Ensure Success for Exhibitors during 14th ptc in Berlin (Photo by Philip Wilson)

80 Pipeline System Operators from Europe, Asia, MENA and South America Ensure Success for Exhibitors during 14th ptc in Berlin

Petrobras to sell pipeline unit to Engie for $8.6 billion (Alf Ribeiro / Shutterstock)
Petrobras to sell pipeline unit to Engie for $8.6 billion (Alf Ribeiro / Shutterstock)

Petrobras to sell pipeline unit to Engie for $8.6 billion

ENGIE announces that the consortium in which it holds a majority stake has won the competitive bidding process conducted by Petrobras for the sale of a 90% shareholding in Transportadora Associada de Gás S.A. (TAG) with a final and binding offer amounting to USD 8.6bn.

Texas Oil Production Plummeted in January
Texas Oil Production Plummeted in January

Texas Oil Production Plummeted in January

Texas oil production dropped in January by 90,000 barrels of oil per day. The decline has been attributed to explorers drilling significantly less after crude oil prices collapsed at the beginning of the year as well as a dearth of pipeline capacity from the Permian Basin of West Texas to the Gulf of Mexico.

Saudi Aramco signs share purchase agreement to acquire 70% majority stake in SABIC (Copyright Saudi Aramco)
Saudi Aramco signs share purchase agreement to acquire 70% majority stake in SABIC (Copyright Saudi Aramco)

Saudi Aramco signs share purchase agreement to acquire 70% majority stake in SABIC

Saudi Aramco announced the signing of a share purchase agreement to acquire a 70% majority stake in Saudi Basic Industries Corporation (SABIC) from the Public Investment Fund of Saudi Arabia, in a private transaction for SAR 259.125 billion (or SAR 123.39 per share), which is equivalent to USD $69.1 billion.

Members of ROSEN South America (northern region) project team: Jonnathan Perez (Sales Manager), Kathy Diaz (HSE Coordinator), Leonardo Mendoza (Director of Business Execution) and Carlos Cruz (Project Manager).
Members of ROSEN South America (northern region) project team: Jonnathan Perez (Sales Manager), Kathy Diaz (HSE Coordinator), Leonardo Mendoza (Director of Business Execution) and Carlos Cruz (Project Manager).

ROSEN Group Recognized by Ocensa With a Transformation and Innovation Prize

OCENSA, a large oil transportation company in Colombia, awarded the ROSEN Group with a prize in the category Transformation and Innovation.

ILF Consulting Engineers ranked #6 as Top International Design Firm for Pipelines
ILF Consulting Engineers ranked #6 as Top International Design Firm for Pipelines

ILF Consulting Engineers ranked #6 as Top International Design Firm for Pipelines

In 2018 the ENR global sourcebook published its 77th ranking for top international design firms. Once more, ILF Consulting Engineers was able to secure its position as a Top International Design Firm for Pipelines. By being ranked #6 in 2018, ILF was furthermore able to improve its position, compared to rank #10 in 2016.

(Shutter Stock / Mirko Kuzmanovic)
(Shutter Stock / Mirko Kuzmanovic)

China announces plan to form national oil & gas pipeline company.

The highly anticipated reform of the chinese oil and gas industry is now official according to the country's state planner. The creation of the new company was released as part of the National Development & Reform Commission's report during the last National People's Congress meeting.

Nord Stream 2, TurkStream, TANAP: "Eurasian Pipeline Forum: Linking East and West" at ptc 2019 in Berlin (Copyright: TANAP)
Nord Stream 2, TurkStream, TANAP: "Eurasian Pipeline Forum: Linking East and West" at ptc 2019 in Berlin (Copyright: TANAP)

Nord Stream 2, TurkStream, TANAP: "Eurasian Pipeline Forum: Linking East and West" at ptc 2019 in Berlin

There is a long tradition of energy cooperation between Europe and Asia. For decades, Russia for example has been a reliable partner for the supply of crude oil and natural gas. A number of other initiatives are currently being developed, involving Russia, Central Asia and Turkey.

https://www.hydrocarbons-technology.com/news/adnoc-signs-4bn-pipeline-infrastructure-deal-with-kkr-and-blackrock (Copyright: ADNOC)
https://www.hydrocarbons-technology.com/news/adnoc-signs-4bn-pipeline-infrastructure-deal-with-kkr-and-blackrock (Copyright: ADNOC)

ADNOC, KKR and BlackRocK sign US$4 billion pipeline infrastructure deal

The Abu Dhabi National Oil Company (ADNOC) has signed a US$4 bn midstream pipeline infrastructure partnership agreement with US-based institutional investors KKR and BlackRock. ADNOC is expanding through strategic partnerships since 2017. With the contract a newly formed entity known as Adnoc Oil Pipelines will lease ADNOC’s interest in 18 pipelines for a 23-year period.

Evo Eclipse – Next Generation Cracking Technology
Evo Eclipse – Next Generation Cracking Technology

NDT Global Announces Two Major Advances In Pipeline Inspection Technology

NDT Global, a supplier of ultrasonic pipeline inspection and integrity services, announced two major advances in pipeline crack inspection technology.

Enhanced Sizing methodology can size cracks to 100% wall thickness.

Ugandan-Tanzanian Framework Agreement Signed for 1,445 km Pipeline Construction (Shutterstock / Andrea Danti)
Ugandan-Tanzanian Framework Agreement Signed for 1,445 km Pipeline Construction (Shutterstock / Andrea Danti)

The East African Crude Oil Pipeline Set To Boost Regional Economic Growth

Uganda and Tanzania are making great headway in the development of the East African Crude Oil Pipeline (also known by its acronym EACOP), a 1,445-km long underground crude oil pipeline from Hoima in Uganda to Tanga in Tanzania costing approximately $3.5 billion.

Wind Point Partners Acquires and Combines Clock Spring and Neptune Research

Wind Point Partners, a Chicago-based private equity firm, announced today it has entered into definitive agreements to simultaneously acquire and merge Clock Spring and Neptune Research, two providers of high-performance repair and rehabilitation products for global critical infrastructure. The combined business will be named ClockSpring|NRI.

Crondall Energy Appoints New Managing Director To Its Consulting Division
Crondall Energy Appoints New Managing Director To Its Consulting Division

Crondall Energy Appoints New Managing Director To Its Consulting Division

Crondall Energy, the floating production and subsea engineering specialists, has announced changes to its board to enable it to capitalise on the increasing level of opportunities within the sector.