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Oil & Gas Pipelines

 

McDermott Bags Major Subsea Pipeline, Cable Order in Qatar

Jul 12, 2023

Offshore installation firm McDermott has secured a major subsea pipelines and cables engineering, procurement, construction, and installation (EPCI) project from Qatargas.The award is related to the North Field Production Sustainability (NFPS) Offshore Fuel Gas Pipeline and Subsea Cables Project, COMP1. McDermott defines a major contract as between $750 million and $1.5 billion.The COMP1 project is…

McDermott Wins Shell Contract for Offshore Transportation and Installation Project in Malaysia

Jul 06, 2023

Offshore installation services firm McDermott has won a contract for an offshore transportation and installation project with Shell in Malaysia.The pipelay and heavy lift project offshore Sarawak in East Malaysia, awarded by Sarawak Shell Berhad (SSB)…

Japan's Mitsui to Acquire UK's Pipeline Repair Specialist STATS

Jul 05, 2023

Japan's Mitsui & Co. has executed a share purchase agreement to acquire 100% of the issued shares of Aberdeen-based STATS (UK) Ltd., a company that manufactures proprietary energy pipeline repair equipment and provides engineering services.The…

Iraq Approves $416.9M to Build Third Offshore Export Pipeline. Dutch Firm Selected for the Job

May 31, 2023

The Iraqi cabinet approved on Tuesday $416.9 million for the construction of a third offshore export pipeline, it said in a statement.Iraq's state-run Basra Oil Company has contracted Dutch company Royal Boskalis to construct the pipeline, which…

Santos Faces New Delay on Barossa Gas Pipeline Due to Heritage Assessment

Jan 24, 2023

Santos Ltd faces a new delay in developing the Barossa gas project off northern Australia after a regulator ordered it to evaluate environmental risks to underwater indigenous cultural heritage before starting pipeline construction.The Jan. 13 notice…

Wintershall Dea Exits Russia

Jan 18, 2023

BASF will take a 7.3 billion euro ($7.9 billion) writedown as its Wintershall Dea energy business pulls out of Russia, the German chemicals giant said, triggering a net loss for 2022 and sending its shares lower. Wintershall Dea has deep ties to Russia…

Natural Gas Exports from Indonesia to Vietnam Targeted for 2026

Dec 23, 2022

Indonesia aims to export natural gas to Vietnam starting in 2026 from the Tuna offshore block located near the Indonesian and Vietnamese maritime border, the country's energy minister said on Friday. Southeast Asia's biggest economy may deliver…

Western Gas to Link its Equus Gas Field to North West Shelf And Pluto LNG Plants

Dec 20, 2022

Australian oil and gas company Western Gas has signed non-binding milestone agreements with the North West Shelf Project participants and Pluto LNG in Australia to process up to 3 Mtpa of gas from its Equus offshore gas field for LNG export and the WA market from 2027…

Malaysia: Fire Breaks Out at Sabah-Sarawak Gas Pipeline. One Fatality Reported

Nov 16, 2022

Malaysian oil and gas giant Petronas has confirmed reports that a fire broke out at the Sabah-Sarawak Gas Pipeline near Lawas, Sarawak, Malaysia. According to Malaymail.com a man was killed and two others injured in the pipeline explosion.Petronas…

Indonesia: Conrad Aims to Bring Mako Offshore Gas Field Online in 2025 as Revised POD Approved

Nov 09, 2022

Conrad Asia Energy Ltd said Monday that it had received written approval from the Indonesian Minister of Energy and Mineral Resources for the Plan of Development (POD) Revision for the Mako offshore gas field, dubbed 'currently the largest undeveloped gas field in South Natuna Sea…

Australia Promises Billions for Renewable Projects to 'Rewire' Power Grid

Oct 19, 2022

Australia on Wednesday announced plans to build renewable energy zones, wind projects and underwater electricity interconnectors, as it looks to build its renewable power capabilities and bring more clean energy into its national grid. The announcements…

QatarEnergy to Be the Largest LNG Trader Over Next 5-10 years - Minister

Oct 05, 2022

QatarEnergy CEO and state minister for energy Saad al-Kaabi said on Wednesday that his company will become the world's largest trader of liquefied natural gas (LNG) over the next 5-10 years, a position that is currently held by Shell. Following Russia's invasion of Ukraine…

ADNOC Eyes Higher Gas Output with $548M Lower Zakum Subsea Pipeline Deal

Sep 13, 2022

Abu Dhabi National Oil Company (ADNOC) earlier this month announced a $548 million contract to build a new main gas line at its Lower Zakum field offshore of Abu Dhabi. ADNOC said the award would increase Lower Zakum field’s gas production capacity…

Carbon Capture & Storage: Santos Reaches FID on Darwin Pipeline Duplication Project

Aug 29, 2022

Australian oil and gas firm Santos, as operator of the Barossa joint venture, on Monday announced a final investment decision (FID) has been taken to proceed with the Darwin Pipeline Duplication Project, located offshore the Northern Territory…

Asia LNG Price Hits Record High Ahead of Nord Stream Pipeline Outage

Aug 29, 2022

Asian spot liquefied natural gas (LNG) hit a fresh record high [last week] as South Korean and Japanese buyers restocked for the winter and a planned outage at the Nord Stream 1 pipeline next week pushed up European demand.The average LNG price…

Current News

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Financing Secured for 1GW Offshore Wind Project in Taiwan

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Taiwan Aims to Shed Dirty Power Reputation with Big Wind Push

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NRL Plans to Boost Low-sulphur Fuel Oil Output for Ships

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Malaysian FPSO Firm Bumi Armada Gets Hold of Indonesian Block with Two Discoveries

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Mideast-Asia Oil Shipping Rates Rebound, Capped by OPEC+ Supply Cuts

COSL to Buy Four New Jack-Up Drilling Rigs for $445M

COSL to Buy Four New Jack-Up Drilling Rigs for $445M

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