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Oil & Gas Pipelines

 

Shell Sanctions $2.5B Crux Gas Field Development Offshore Australia

May 30, 2022

Shell said on Monday it had given the go-ahead to develop the Crux gas field offshore Australia, which analysts estimated would cost around $2.5 billion.Construction is expected to start in 2023 with first gas expected in 2027, which will feed the 3.6 million tonnes a year Prelude floating liquefied natural gas (FLNG) facility, the oil and gas major said in a statement.Shell said the project would help its Asian customers move from coal to gas…

Sapura Energy Sells Pipelayer to UAE-firm for $71.5M

May 31, 2022

Malaysian company Sapura Energy has agreed to sell its pipe-laying and crane vessel Sapura 3000 for $71.5 million to Safeen Feeder Company – Sole Proprietorship LLC, a company in the Abu Dhabi Ports Group of Companies.'The proposed asset disposal exercise is part of the Group’s reset plan…

S. Korea Court Dismisses Application Against Barossa Pipeline Funding

May 23, 2022

A South Korean court has dismissed an application from a group of Indigenous Australians to block South Korean export credit agencies from funding a deep-sea gas pipeline for the $3.6 billion Barossa gas project off northern Australia.People…

POSH, Seamec Kick Off Work on ONGC Pipeline Project

Apr 13, 2022

Offshore marine services provider POSH, with its consortium partner Seamec, has started work on a subsea installation and construction project off India’s west coast, after securing a contract of over $100 million.The two companies are providing…

Pluto Gas Processing Starts at Australia's North West Shelf, Woodside Says

Mar 31, 2022

Australian oil and gas company Woodside said Wednesday that the processing of gas from the offshore Pluto fields in W. Australia had started ahead of schedule at the North West Shelf Project’s (NWS) Karratha Gas Plant (KGP). 'This accelerated…

Strohm, Petronas Partner Up to Commercialize Thermoplastic Composite Pipes

Mar 29, 2022

Thermoplastic composite pipe (TCP) maker Strohm has signed an agreement with Petronas Technology Ventures (PTVSB) part of the Malaysian oil and gas company Petronas, to commercialise TCP in the industry and scale its utilisation across Petronas facilities…

BHP Files Plan for Closure of Griffin Gas Export Pipeline Off Australia

Mar 25, 2022

BHP Petroleum has submitted an environment plan for the 'safe and sustainable' closure of the Griffin Gas Export Pipeline, offshore W. Australia.The  Griffin Gas Export Pipeline is located within Pipeline Licence WA-3-PL, in Commonwealth waters…

Thai Beach Declared Disaster Area after Offshore Oil Spill

Jan 31, 2022

A beach in eastern Thailand was declared a disaster area on Saturday as oil leaking from an underwater pipeline in the Gulf of Thailand continued to wash ashore and blacken the sand.The leak from the pipeline owned by Star Petroleum Refining…

Woodside Taps Schlumberger, Subsea 7 for Scarborough Pipelines, Production Systems

Dec 17, 2021

Subsea Integration Alliance, a partnership between Schlumberger and Subsea 7, has secured a contract with Australia's Woodside for the delivery of subsea pipelines and production systems for the Scarborough gas project offshore Australia.The multi-billion-dollar Scarborough gas field development…

Israeli Ministry Won't Allow Oil Tankers to Enter Red Sea Resort, Potentially Blocking UAE Pipeline Deal

Dec 17, 2021

Israel's Environmental Protection Ministry said on Thursday that it would not allow oil tankers to enter its Red Sea resort of Eilat as planned under a deal with partners from the United Arab Emirates to transport crude from the Gulf to Europe via Israel…

Update: Halliburton Says Not buying Exxon Stake in Iraqi Oilfield

Dec 01, 2021

Halliburton has not proposed buying Exxon Mobil's stake in Iraq's West Qurna 1 oilfield, a spokesperson for the U.S. oil services company said on Wednesday, denying comments from a senior official from Iraq's Basra Oil Co. (BOC).'We are not…

Blast Hits Oil Pipeline in Southern Iran

Nov 17, 2021

An oil pipeline in southern Iran exploded on Wednesday, Iran's state TV reported on Wednesday, citing aging infrastructure as the reason for the blast.'This accident did not lead to any casualties,' a local official from the oil-rich province of Khuzestan told state media…

Saipem Nets $600M+ Worth of Offshore Installation Deals in Australia, Turkey

Nov 15, 2021

Saipem, an Italian energy industry construction and installation services provider, has secured two new offshore contracts in Australia and Turkey totaling more than $600 million for transportation and installation activities.In Australia, Chevron…

Saudi Aramco Looking to Raise $17B from Gas Pipeline Sale

Aug 16, 2021

Saudi Aramco is looking to raise at least $17 billion from the sale of a significant minority stake in its gas pipelines, higher than the $12.4 billion raised from its oil pipeline deal, sources familiar with the matter said on Monday.Potential…

Subsea 7 Bags Sizeable Middle East Contract

Jul 14, 2021

Subsea equipment and installation firm Subsea 7 said Wednesday it had secured a sizeable contract in the Middle East. Subsea 7 defines a sizeable contract as being between USD 50 million and USD 150 million.The scope of work, for an unnamed client…

Current News

More Than Two Dozen Missing after Ship Snaps in Two, Sinks Off Hong Kong

More Than Two Dozen Missing after Ship Snaps in Two, Sinks Off Hong Kong

Russia's Control of Sakhalin Project Could Pose Upside Risk to LNG Prices

Russia's Control of Sakhalin Project Could Pose Upside Risk to LNG Prices

Portugal's EDP to Scale Up Offshore Solar Plants in Southeast Asia

Portugal's EDP to Scale Up Offshore Solar Plants in Southeast Asia

India Imposes A Windfall Tax On Oil Producers and Export Duties For Oil Products

India Imposes A Windfall Tax On Oil Producers and Export Duties For Oil Products

Russia to Replace Sakhalin-2 Project Operator with New Firm

Russia to Replace Sakhalin-2 Project Operator with New Firm

State Agency Wants Net-zero Carbon Emissions from Australia's Giant LNG Plant

State Agency Wants Net-zero Carbon Emissions from Australia's Giant LNG Plant

Gazprom Cancels Dividend for First Time Since 1998. Shares Drop

Gazprom Cancels Dividend for First Time Since 1998. Shares Drop
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