A natural gas field discovered more than 30 years ago deep in Brazil’s Amazon rain forest could finally be linked to the outside world, according to plans detailed by federal oil company Petrobras. Petrobras, as the energy giant is also known, has won regulatory approval for a 140 kilometres pipeline from the Jurua natural gas discovery [...]
Exxon Mobil said it had begun preliminary work to replace the pipeline that ruptured and spilled an estimated 1,000 barrels of oil into the Yellowstone River in Montana two weeks ago. Exxon, the world’s largest publicly traded oil company, said it was aiming to meet federal requirements on corrective action around the Silvertip pipeline before [...]
Hallin Marine, a Superior Energy Services company, announces the award of its latest subsea pipeline repair project off the African west coast. Working on behalf of a major oil company, Hallin is providing overall project management and engineering, the subsea operations vessel (SOV) Ullswater, repair equipment plus a saturation diving team, to support the urgent repair of [...]
Statoil, the Norwegian oil and natural gas giant, said on Monday that it would sell a 24.1 percent stake in the joint pipeline venture Gassled for 17.35 billion Norwegian kroner ($3.2 billion). The deal is part of “further streamlining of Statoil’s portfolio,” Eldar Sætre, an executive at Statoil, said in a company statement. Statoil, in [...]
McDermott International, Inc. announced today that one of its subsidiaries was awarded a contract by PEMEX Exploración y Producción for procurement, construction and installation of three oil and gas pipelines ranging from 8 to 20 inches in diameter, in Mexico’s Bay of Campeche. The contract is valued at more than US$50 million and will [...]
An Alaskan natural gas pipeline coalition between BP and ConocoPhillips said it was scrapping a $35 billion project in part because of North American shale. BP-Conoco venture Denali said it was giving up on plans to build a natural gas pipeline, saying development of shale gas resources in North America “created a very difficult environment” [...]
A proposed pipeline designed to carry Canadian tar sands oil to refineries along the Gulf Coast will be delayed further while the U.S government conducts an additional environmental review. The U.S State Department announced Tuesday that it planned to conduct the additional review environmental groups had demanded. A presidential permit from the State Department is required because the pipeline would cross the U.S.-Canadian [...]
Russia’s biggest independent oil producer Lukoil said today that Gazprom has agreed to buy natural gas from fields in West Siberia and the Caspian Sea, in a sign the gas giant is loosening its grip on the country’s pipeline system. Lukoil said it will supply 8.35 billion cubic metres of gas to Gazprom’s 160,000-kilometre gas [...]
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