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Oil & Gas Pipelines

 

'Power of Siberia' Pipeline Begins Flow to China

Jan 22, 2020

China has started to consume Russian gas via the newly launched 'Power of Siberia' pipeline, said CNPC-backed Kunlun Energy Ltd, operator of the pipeline in China, on Wednesday.The company receives 250,000-300,000 cubic meters of pipeline gas daily from Russia, helping to ease tight gas supply in winter season in Harbin, provincial capital of the north-most region Heilongjiang.The 3,000-km (1,864 mile) pipeline…

Cooper's Sole Offshore Gas Field to Go Online by February End

Feb 18, 2020

Australia's Cooper Energy has said that the production of gas from its Sole gas project is set to begin later in February, with full production aimed for March.The company said Tuesday the Sole Gas Project had passed a critical milestone with…

Cooper Energy Sells More Casino Henry Gas to O-I

Feb 10, 2020

ASX-listed Cooper Energy has signed a new gas supply agreement with O-I, an industrial gas user and Australia’s largest manufacturer of glass container products.The gas is to be supplied from Cooper's equity share of production from its Casino Henry operations offshore Victoria…

China's Longest Ethane Pipeline Starts Operation

Dec 26, 2019

China National Petroleum Corp (CNPC) said its Xinjiang oilfield unit has delivered 500,000 cubic meters of ethane after being put into operation a week ago, the company stated on its website on Wednesday.Construction work on the 371 kilometer-long pipeline…

China to Launch State Pipeline Group

Dec 06, 2019

China plans to launch its long-awaited national oil and gas pipeline company on Monday, part of a sector-wide reform aimed at providing fair market access to infrastructure and boost investment in oil and gas production.Most of the country's…

Gas Explosion Kills 7 in Bangladesh

Nov 18, 2019

At least seven people were killed and eight injured on Sunday after a gas pipeline exploded in the Bangladeshi port city of Chittagong, a police official said.The gas pipeline exploded in front of a five-storey building, blowing walls off the building…

Zhanjiang Refinery Launches Mainstream Gas Pipeline

Oct 24, 2019

Sinopec's Zhanjiang integrated refinery complex in Guangdong has launched its main gas transmission pipeline, the Chinese company said in a statement on Thursday.The refinery, which was set up jointly by Sinopec and Kuwait Petroleum Corp in 2011…

TechnipFMC Wins EPC Contract from PetroVietnam

Oct 15, 2019

TechnipFMC announced on Tuesday it has been awarded a contract by PetroVietnam Gas for the engineering, procurement and construction (EPC) of the Nam Con Son 2 Phase 2 pipeline across Nam Con Son basin and Cuu Long basin in Vietnam.The scope…

Saipem Wins BP Azerbaijan Job

Oct 04, 2019

Saipem, in consortium with Boshelf LLC and STAR GULF FZCO, has recently been awarded three new contracts by BP for the development of the Azeri-Chirag-Gunashli oil and gas (ACG) field offshore Azerbaijan.Saipem has been a key contractor in this field since the 1990s…

Energy Transfer to Buy SemGroup

Sep 16, 2019

Oil and gas pipeline company Energy Transfer LP said on Monday it would buy smaller rival SemGroup Corp for $1.35 billion and build a 75-mile oil pipeline to strengthen its oil transportation, terminalling and export operations.Energy Transfer…

ADNOC Inks $600 Mln Deal with GIC

Sep 04, 2019

Abbu Dhabi National Oil Co (ADNOC) said on Wednesday it signed a $600 million pipeline infrastructure investment agreement with Singapore's sovereign wealth fund GIC.The deal follows previous investments by BlackRock, KKR and the Abu Dhabi Retirement…

BP Exits Alaska with $5.6Bln Sale

Aug 28, 2019

British oil major BP Alaska announced that it is selling its entire business to Hilcorp Alaska, marking the exit from Alaska after six decades.The $5.6 billion sale includes Opens a New Window.  interests in the Prudhoe Bay oil field, Point Thomson gas field and the trans-Alaska pipeline system…

Nord Stream 2 is 75% Complete

Aug 28, 2019

The Nord Stream 2, export gas pipeline running from Russia to Europe across the Baltic Sea, is 75% complete, the project's operator, Nord Stream 2 AG, said in a statement.A total of 1,855 kilometers of the Nord Stream 2 pipeline were built along the bottom of the Baltic Sea in the waters of Russia…

TurkStream Terminal Nears Completion

Aug 19, 2019

Gazprom’s Turkish Stream (TurkStream), the natural gas pipeline running from the Russian Federation to Turkey, has been 95% completed.'Construction progress of the receiving terminal for the TurkStream Offshore Gas Pipeline has reached 95%. All works are in line with the schedule…

UK Gas Prices Rise as Norway Imports Dip

Aug 13, 2019

British wholesale gas prices rose on Tuesday morning as imports from Norway fell, creating undersupply.Within-day gas price up 1.30 pence at 31.20 pence per therm by 0809 GMT.Day-ahead gas price up 0.90 p at 30.50 p/therm.'Prompt prices are all up a bit on lower supply…

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