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Subsea Innovation Delivers Connectors to Qatar’s RasGas

March 28, 2016

Subsea Innovation has completed the design and manufacture of two 16” mechanical pipeline connectors for use by oil & gas operator RasGas. These are the first systems that Subsea Innovation have produced for RasGas, the company said. RasGas required the connectors to meet specific weld specifications that included being Inconel clad. Inconel cladding provides additional protection for… Continue Reading »

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TransCanada To Buy Columbia Pipeline Group For $10.2B

March 23, 2016

TransCanada Corp. agreed to buy Columbia Pipeline Group Inc. for $10.2 billion, expanding its reach in the U.S. natural gas market. TransCanada will pay $25.50 a share to Columbia holders, representing a 10.9 percent premium to Columbia’s closing price on March 16, and will also assume about $2.8 billion of debt, it said in a… Continue Reading »

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Oil Leaks And Disruptions Doing The Job That Producers Won’t

March 18, 2016

Pipeline leaks and shipping disruptions are doing more to reduce the global oil glut than producers who can’t seem to agree on whether to cap output. Outages from Iraq and Nigeria have disrupted more than 800,000 barrels a day of supply and tightened the Brent market, according to Citigroup Inc. That’s coincided with a 20… Continue Reading »

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McDermott Secures Middle East Pipeline Project

March 7, 2016

McDermott has been awarded a contract by an undisclosed oil and gas operator for a project offshore in the Middle East. The scope includes engineering, procurement, fabrication, transportation and installation of offshore pipelines. Engineering and offshore mobilization of McDermott’s in-house vessels has started, and the project is expected to be completed by the end of… Continue Reading »

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GAS to Support Chirag Oil Project Off Azerbaijan

February 29, 2016

GAS Azerbaijan branch has been appointed to perform survey and positioning support activities for the Chirag Oil Project (COP) 2016, as part of the frame agreement awarded by Saipem for the provision of survey services in Azerbaijan until the end of 2017. The scope of work concerns the laying of 8.33 km of the 18” water injection… Continue Reading »

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As US Shale Sinks, Pipeline Fight Sends Woes Downstream

February 24, 2016

Within weeks, two low-profile legal disputes may determine whether an unprecedented wave of bankruptcies expected to hit U.S. oil and gas producers this year will imperil the $500 billion pipeline sector as well. In the two court fights, U.S. energy producers are trying to use Chapter 11 bankruptcy protection to shed long-term contracts with the… Continue Reading »

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Putin’s Reward For Doing A Deal With OPEC Overshadowed By Risks

February 17, 2016

Neither a recession nor a collapse in revenue has yet been enough to convince Russian President Vladimir Putin that it’s time to join with OPEC in cutting oil output to boost prices. His reasons may be pragmatic rather than political. As Russia’s oil minister meets his Saudi Arabian counterpart in Doha on Tuesday, the world’s… Continue Reading »

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Application of underwater welding processes for subsea pipelines

February 16, 2016

While welding repairs or hot tapping onshore pipelines is a common occurrence, welding repairs on subsea pipelines is most often never even considered. However, the risks involved with welding subsea in-service pipelines underwater is present and needs to be managed by ensuring that, when conducted welding is performed in a reproducible and consistent manner. The… Continue Reading »

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Swiber Delivers Installation Project Off South America

February 6, 2016

Swiber Holdings has completed a multi-million dollar platform and subsea pipeline installation project in South America.  The project, awarded in September 2013, by an oil and gas company in South America, was for the jacket and topside installation of a wellhead platform and its 24” and 4” pipelines of 70 kilometres each. According to the… Continue Reading »

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Russia Pipeline Chief Says Let’s Talk to OPEC About Output

January 29, 2016

Russian officials have decided they should talk to Saudi Arabia and other OPEC countries about output cuts to bolster oil prices, the head of Russia’s pipeline monopoly said on Wednesday, remarks that spurred a sharp rise in prices. Oil futures surged 5 percent after the comments by Nikolai Tokarev, head of oil pipeline monopoly Transneft,… Continue Reading »

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