On Friday, July 15, the European Union Member States confirm their support for the proposal of important European energy infrastructure projects worth €263 million by the European Commission. In the gas sector, the European grants will cover the construction of the Balticconnector pipeline (EU support €187.5 million). It is the first gas pipeline linking Estonia to Finland.
On July 14, the Presidents of Ukraine and Azerbaijan Pyotr Poroshenko and Ilkham Aliyev revealed in a joint press conference that they are interested in implementing the Odessa-Brody pipeline project. In 2001, this pipeline was constructed for connecting Brody in the Lvov Region and Odessa on the Black Sea. However, the pipeline project has not been used often, since its construction.
The Mexican company Infraestructura Marina del Golfo (IMG) has offered a conditional contract to the pipe coating group of Shawcor Ltd. for providing pipeline coating solutions to the Tuxpan gas pipeline project. The conditional contract is worth approximately C$ 300 million.
JFE Steel Corporation made an announcement on July 08 that it will supply major steel materials for the completion of the Trans Adriatic Pipeline (TAP) project. The unincorporated consortium of Marubeni-Itochu Steel Inc. (MISI) and Corinth Pipeworks Pipe Industry S.A. (CPW) won the contract for this project.
On June 28, Kinder Morgan, Inc. made a formal announcement that they are selling 50% equity interest of the Utopia pipeline project to the Riverstone Investment Group (LLC). To acquire the rights to become a partner of the project, Riverstone has to make an upfront cash payment to Kinder Morgan.
OptaSense, a UK based worldwide leader in Distributed Acoustic Sensing (DAS) and its partner Optilan, a giant company in the world of communications and security systems provision, were awarded the contract running into $30 million early this year. As of now, the project is now entering the phase of equipment delivery.
After being upstaged by the recent Uganda - Tanzania crude oil pipeline deal, Kenya and Ethiopia have agreed to construct a crude oil pipeline from the coastal town of Lamu to Addis Ababa.
City of Vancouver Says Halt to Kinder Morgen's Trans Mountain Pipeline Expansion
Joining the Squamish Nation, the Living Oceans Society, the Raincoast Conservation Foundation, among others, the City of Vancouver has asked the Canadian Federal Court of Appeal to stop Kinder Morgan's $6.8 billion Trans Mountain Pipeline expansion project.
Spectra Energy and TransCanada have been awarded a $3.6 billion contract from the Mexican government to build a 1070-km natural gas pipeline from Corpus Christi to the port city of Tuxpan on the Gulf of Mexico. The pipeline, carrying shale gas from the Eagle Ford rock formation, will ultimately connect with Mexican power plants to help meet the country's growing demand for energy.
With the goal of optimising the overall cost of transport and distribution of oil products in Oman, the state-owned Oman Oil Refineries and Petroleum Industries Company (Orpic) is investing $320 million for building a 290 km-long pipeline between Muscat and Sohar.
Kinder Morgan, the largest energy infrastructure company in North America, announced yesterday that the Federal Energy Regulatory Commission (FERC) has authorized its subsidiaries Elba Liquefaction Company, L.L.C. and Southern LNG Company, L.L.C. to go ahead with the $2 billion Elba Liquefaction Project.
Saudi Aramco, the world's largest exporter of crude oil, said this week that it planned to increase the capacity of the 1200 km oil pipeline from Dharan to Yanbu from 5 to 7 million barrels per day by the end of 2018. This would represent a 40 percent increase in production.
Construction has begun on the 48 inch diameter Trans Adriatic Pipeline (TAP) which will deliver 10 bcm/annum of new Caspian gas supplies to Europe from 2020.
The TAP, which constitutes the European leg of the Southern Gas Corridor, will ensure Europe’s energy supply as well as diversifying its energy sources.
After initially considering Kenya as the most suitable transit country for exporting crude oil, Uganda has elected to build a 1400 km oil pipeline through Tanzania, citing cost and security advantages. The pipeline is expected to begin operations in 2020.
Indian-based Tata Steel company has manufactured a large diameter 42" pipe which will set an industry standard by becoming the deepest to be laid for 140 kilometers in the Mexican section of the Gulf of Mexico.