New ptj Issue 3-2019
Digitalization in the Pipeline Industry
The new PALIMEX®-880/-855
The two-tape system reliably protects your pipeline – and saves your budget.
Operations & Integrity Management and Compliance in an age of IIOT
Steve Hill >>> Honeywell Process Automation Solutions
New Technologies Drive Operational Performance by Connecting Smart Stations to Distribution Networks
Rossella Mimmi >>> Emerson Automation Solutions
Intelligent Predictive Maintenance in the context of Maintenance 4.0 for Oil & Gas Industry
Dr. Rama Srinivasan Velmurugan >>> GAIL (India)
Digital disruption will occur in Midstream as it is underway in other asset intensive industries
Sam Hemeda >>> Arundo Analytics
The Big Data Revolution: Detecting Pipeline Leaks, Encroachments and more Using Satellites
John Zhou & Caroline Beck >>> Satelytics
Best Practices for Cybersecurity Diagnosis in Industrial Environments
Ernesto Landa >>> Compania Operadora de Gas del Amazonas

Saipem Secures $100 million Contract To Build Subsea Pipeline in Equatorial Guinea

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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.

Gas deliveries from the project, operated by Noble Energy, are expected to begin in early 2021. The final investment decision of the gas monetization project of the Alen-Backfilling unit which links producing gas fields in Equatorial Guinea to onshore LNG facilities was signed in Malabo in April.da

It is widely considered the first phase of the Gas Megahub vision, which aims to turn the Island of Bioko into a mega-center of gas processing.

Equatorial Guinea has proven natural gas reserves estimated of 4.5 trillion cubic feet (37×109 m3), according to the Oil & Gas Journal.

The country’s natural gas reserves are located off Bioko island, which is the site of the nation’s capital, Malabo, and mainly in the Zafiro and Alba oil and gas.

“We anticipate that this contract, which is being approved exceptionally under the given circumstances, will contribute immensely to improving the performance of local businesses and the creation of employment,” Oil Minister Gabriel Obiang Lima said.

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