Calgary-based Enbridge Inc. and partner companies have agreed to buy about 37 per cent of the Bakken pipeline project from Energy Transfer Partners, L.P. and Sunoco Logistics Partners L.P.
Slovakia’s Minister of Economy Peter Ziga and Bulgaria’s State Secretary of Ministry of Energy Zeco Stantov were present at the informal Council meeting held in Bratislava on July 13 were both the Energy Ministers signed the Eastring pipeline project’s Memorandum of Understanding. This marks an expression of strong political support for the pipeline project’s effective implementation.
According to the reports which we cite below, BP is selling off its stake in United Kingdom Oil Pipeline (UKOP) and four of its UK-based fuel storage terminals. BP co-owns UKOP with Total of France, Valero of US and Royal Dutch Shell as a part of a consortium.
NDT Global, a leading service provider of ultrasonic pipeline inspection and data analysis, has conducted a detailed and accurate baseline survey of Statoil’s Polarled gas pipeline. NDT Global used its ultrasonic technology to get highly accurate results for Polarled pipeline, a pipeline with varied wall thickness.
Water Midstream Partners, LLC has recently completed the commercial saltwater pipeline extension project’s southern extension in Midland County. This new pipeline system connects gas and oil wells inside and nearby the Midland city to the Saltwater Disposal Well on the Nadine and Tom Craddick Highway’s northern portion.
The workers at a Peruvian gas pipeline unit recently welcomed a new crewmember. Surprisingly, the new unofficial recruit to join the workforce is a sloth who was seen making an effort to turn a valve. The workers at the unit captured a video of the sloth in action during late June.
The Trans Adriatic Pipeline (TAP) is planning to open the Southern Gas Corridor for transporting Caspian natural gas to Europe. For this project, they have awarded Siemens to supply six 15-megawatt SGT-400-driven turbo compressor trains.
Argentina’s largest electric utility Pampa Energia revealed that they are selling their indirect stake in the pipeline operator Transportadora de Gas del Sur (TGS) for $241 million. This deal will allow Pampa to work on with the procedures to buy Petrobas Argentina.
China Petroleum & Chemical Corp (Sinopec) has shut down a pipeline section in the central region of the country after the area was hit by landslide and fire.
On Friday, July 15, the European Union Member States confirm their support for the proposal of important European energy infrastructure projects worth €263 million by the European Commission. In the gas sector, the European grants will cover the construction of the Balticconnector pipeline (EU support €187.5 million). It is the first gas pipeline linking Estonia to Finland.
On July 14, the Presidents of Ukraine and Azerbaijan Pyotr Poroshenko and Ilkham Aliyev revealed in a joint press conference that they are interested in implementing the Odessa-Brody pipeline project. In 2001, this pipeline was constructed for connecting Brody in the Lvov Region and Odessa on the Black Sea. However, the pipeline project has not been used often, since its construction.
The Mexican company Infraestructura Marina del Golfo (IMG) has offered a conditional contract to the pipe coating group of Shawcor Ltd. for providing pipeline coating solutions to the Tuxpan gas pipeline project. The conditional contract is worth approximately C$ 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.
One of the largest natural gas pipeline operators in USA, Kinder Morgan, has made an official announcement on July 10 that they are selling 50% of its stake in the southeastern pipeline system. Southern Company is buying half of the equity interest in the Southern Natural Gas pipeline system, which will be continued to be operated by Kinder Morgan.
On July 01, the Pipeline and Hazardous Materials Safety Administration (PHMSA) of the U.S. Department of Transportation have announced more than $49 million in Pipeline Safety Base Grants. This reimbursement will be used as a portion of the operating costs for the state pipeline safety programs.
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.
It seems that the woes of Enbridge’s Northern gateway oil pipeline project are far from over. On Thursday, June 30, the approval of the project has been overturned by a Canadian court. The Federal Court cited the reason that the government has not succeeded to properly consult the First Nations affected by the project.
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.
Back in 2015, Energy Transfer Equity LP (ETE) took a major step consolidating a $33 billion takeover of Williams Cos. (Williams). It was being considered as a major deal, which could create one of North America’s largest energy franchises.
Believing that it has been unjustly deprived of the value of its multi-billion dollar investment in the U.S. energy infrastructure, TransCanada is seeking legal redress for $15 billion in damages from the federal government in Washington, D.C. after the Obama administration rejected the company's Keystone XL Oil Pipeline project last November.
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.
An oil pipeline operated by Crimson Pipeline LLC in Ventura County, southern California has leaked an estimated 29, 400 gallons of crude oil in the surrounding hills. None of the oil has reached the Pacific Ocean, as an early warning from a local Ventura Country resident allowed officials to intercept the oil in a drainage basin a few miles inland.
President Obama signed into law the “Protecting our Infrastructure of Pipelines and Enhancing Safety (PIPES) Act of 2016.” A House amendment to S. 2276 passed earlier this month, and the final legislation sailed through the Senate last week.
Interested in divesting what are seen as non-core assets in a period of sustained low oil and gas prices, Qatar Petroleum has sold its stake in oilfield services firm Al Shaheen Holding to Milaha Capital, the wholly-owned investments subsidiary of Qatar Navigation QSA.
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.