The governments of Tanzania and Uganda have signed a framework agreement governing the construction of a $3.55 bn,1445-km, 24 inch diameter crude oil pipeline from landlocked Uganda to the blue water Tanzanian port of Tanga.
The pipeline would transport to market recoverable Ugandan reserves estimated between 1.4 - 1.7 bn barrels.
The Saudi - led group of countries severing diplomatic relations with Qatar today will have no significant impact on the price of oil, according to Alastair Newton, of Alavan Business Advisory in Livingstone, Zambia.
Newton said there is a large surplus on the supply side relative to the demand side and that this will continue to exert downward pressure on the price.
Construction on the 622-km, $800 million Northern Gas pipeline from Tennant Creek to Mt Isa is due to begin in July after months of uncertainty concerning land access.
MMT Sweden, a marine survey company engaged around the world, has been awarded a three year contract by Nord Stream AG to inspect both lines of the Nord Stream Pipeline running along the floor of the Baltic Sea.
The external inspection of the pipeline will be executed by the joint venture between MMT Sweden and Reach Subsea.
An expert Central Asian analyst at the British University of Glasgow contends that the construction of the Turkish Stream pipeline will diminish the prospects of the Trans-Caspian pipeline.
The China Petroleum Group Engineering Co., Ltd (CPGE) has secured a major contract in Nigeria from the Nigerian National Petroleum Corporation (NNPC) for the construction of a 650-km, 40 inch gas pipeline from Ajaokuta in Kogi State to Kan.
National Oil Company (NOC), the Libyan state oil company, said an unidentified armed group has blocked gas pipelines from the Wafa oil field in Libya to a local power plant and the Mellitah gas export terminal on the coast.
This comes on the heels of the lifting of a force majeure edict imposed by the NOC on Wafa and said that its pipelines were open for operations.
Enbridge has announced its intention to build a 1660 km, 36 -inch diameter oil pipeline from the tar sands of Alberta to the company's terminal in Superior, Minnesota. This will be the largest project in the history of the company and cost an estimated $7.5 billion to complete.
Enbridge and NDT Global, two of the pipeline industry's major players, have announced a multi-year collaboration agreement aiming to set a new industry standard for pipeline integrity assessment.
India has announced that it will build a high speed cross border diesel pipeline from Siliguri in West Bengal to Parbatipur in northern Bangladesh.
The pipeline will run approximately 516 km.
With the Venezuelan oil sector in protracted decline Royal Dutch Shell, in cooperation with the Governments of Venezuela,Trinidad and Tobago, is considering building a 17 km pipeline from Venezuela's Dragon gas field to the Hibiscus platform off the north coast of Trinidad.
After the discovery of a huge natural gas deposit in Egyptian waters hopes were raised to find more such gas fields in the eastern Mediterranean.They could help in satisfying Europe's growing hunger for energy, Eni's Chief Exploration Officer Luca Bertelli said. Because of the "milestone" discovery by Eni, other major oil and gas companies are showing renewed interest in the region.
NDT Global has opened its new office in Melbourne, Australia. The new Key Account Manager, Tim Shaw will be responsible for establishing its presence in Australia.
Yokogawa UK, a subsidiary of Yokogawa Electric Corporation, has received an order from the British Pipeline Agency (BPA) for a management and control system for a multi-product fuel pipeline.
This project will replace BPA’s existing pipeline management and supervisory control and data acquisition (Scada) systems.
PTT, Thailand's largest energy company, has selected a Marubeni / Itochu joint venture to construct a 430 km natural gas pipeline in Thailand.
Chavalit Punthong, chief operation officer of Infrastructure and Sustainability Management Group, said the pipeline will stretch from Rayong to Nonthaburi, just north of the capital Bangkok.