News

Enbridge and Spectra Energy have agreed to merge their respective companies in a stock-for-stock transaction to create the largest energy-infrastructure conglomerate in North America.

Enbridge shareholders will own about 57 percent of the combined company and Spectra’s will own 43 percent, according to a statement released by the companies on Tuesday.

A 1,100-mile pipeline, dubbed Dakota Access and estimated to cost $3.7 billion, is nearly halfway complete. It would carry more than 400 000 barrels of crude oil per day to the Bakken region in western North Dakota across South Dakota and Iowa and ultimately connecting with an existing pipeline in Illinois.

Egypt and Cyprus have signed an agreement for the delivery of gas to Egypt through an undersea pipeline in the eastern Mediterranean. The deal is part of an effort to commercialize a gas reservoir discovered recently off of Cyprus's southern coast and holding an estimated 4 trillion cubic feet.

The Field Products and Service line of ROSEN will provide effective equipment for pre-commissioning activities to SPIECAPAG (France) by suppling 48’’ pre-commissioning tools, tracking equipment, as well as accessories to be used for the Trans Adriatic Pipeline (TAP).

The pipeline industry has long attempted to detect gas and oil pipeline leaks in a reliable and credible way. Frequently these attempts went awry, as many systems claimed to have identified a leak where none existed. Indeed, there were so many false leak alarms that the operator lost confidence in the systems.

Perhaps no issue better highlights the differences between Hillary Rodham Clinton and Donald Trump as candidates for the U.S. presidency than energy policy.

Richard (Dick) B. Williamson, presiding board chairman, president and CEO of T.D. Williamson, will be stepping down in favor of his younger brother, Stephen Williamson, who has served the board of directors since 1977 and most recently held the position of Vice Chairman. Dick will take on the position of chairman emeritus at the company.

A gas pipeline operated by Sinopec subsidiary Sinopec Sichuan-East Natural Gas Pipeline Company exploded recently in China's central Hubei province causing multiple casualties and damaging homes of nearly a hundred villagers. Gas transmission to Hubei, Jiangxi, Jiangsu, Zhejiang and Shanghai was also interrupted.

Federal prosecutors have dropped all but $6 million of a potential $562 million fine levied against Pacific Gas and Electric (PG&E) for safety violations related to the lethal explosion in San Bruno in 2010. The blast killed 8 people and destroyed 38 homes, triggering a massive fire that swept through this southern San Franciscan neighborhood..

NDT Global, a leading supplier of inline inspection (ILI) and data analysis, today announced two new management appointments. Thomas Wolf has been appointed as CEO of the European operating company and Steve Gaida has been appointed as CEO of the Canadian operating company.

Malaysia’s SapuraKencana Petroleum Berhad has won a major contract to construct the Transanatolian Natural Gas Pipeline (TANAP) project. Worth 510 Malaysian Ringgit, or $127 million, SapuraKencana makes its entry into Europe with one of the largest pipeline construction projects to date. The offshore section of TANAP will be stretched 18 km across the Canakkale Strait.

The controversial 1830 km, 30 inch diameter Bakken oil pipeline has at long last gotten a green light, as The U.S. Army Corps of Engineers granted final permits for the project on July 26. It was the final regulatory hurdle for the project, which received other necessary permits by the Iowa Department of Natural Resources and the Iowa Utilities Board earlier this year.

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.