Pipelines News

 

Russian Court Orders Halt to Caspian Oil Pipeline but Exports Still Flow

Jul 06, 2022

Caspian Pipeline Consortium(CPC), which takes oil from Kazakhstan to the Black Sea via one of the world's largest pipelines, has been told by a Russian court to suspend activity for 30 days, although sources said exports were still flowing.CPC…

Greece Can Cope With Possible Russian Gas Disruptions Thanks to LNG - Minister

Jul 04, 2022

Greece can cope well with potential cuts in Russian gas supply due to the availability of liquefied natural gas (LNG) as an alternative, its energy minister said on Monday after a meeting with energy suppliers and grid operators on energy security…

Equinor and Fluxys Plan 1000-km European Pipeline to Norwegian Offshore CO2 Storage Sites

Jun 29, 2022

Norway's Equinor and Belgium's Fluxys plan to build a 1,000-km (620-mile) pipeline to transport CO2 captured on the European continent for storage underneath the North Sea [on the Norwegian continental shelf], the two companies said on Wednesday…

Strohm Delivers TCP Risers for Shell's North Sea Asset

Jun 28, 2022

Thermoplastic composite pipe manufacturer Strohm said Tuesday it had supplied Shell with a static Thermoplastic Composite (TCP) Riser to support operations at one of its Southern North Sea assets.'The availability of TCP through Strohm’s “TCP…

Saipem Nets $1,2B Worth of Onshore, Offshore Contracts in M. East

Jun 28, 2022

Italian oil and gas services company Saipem said Tuesday it had won several contracts, both onshore and offshore, in the Middle East worth approximately $1,2 billion.The first batch of is related to the extension of onshore drilling contracts in the Middle East…

Russian Gas Flows to Europe via Nord Stream Pipeline and Ukraine Remain Steady

Jun 27, 2022

Flows of Russian gas to Europe via the Nord Stream 1 pipeline and deliveries through Ukraine remained steady on Monday morning, operator data showed.Physical flows to Germany through the Nord Stream 1 pipeline across the Baltic Sea stood at 29…

European Gas Prices Dip as Correct Previous Gains, Norwegian Flows Rise

Jun 24, 2022

Dutch and British wholesale gas prices mostly fell on Friday morning, correcting gains made the previous day after Germany triggered the second phase of its emergency gas plan.The benchmark Dutch wholesale gas contract for July delivery  was down 4…

Germany Could Expropriate Part of Nord Stream 2 Gas Pipeline - Spiegel

Jun 24, 2022

The German government is considering converting parts of the Nord Stream 2 gas pipeline into a connection for a liquefied natural gas terminal on the Baltic Sea coast.Magazine Der Spiegel reported on Friday that the German economy ministry is…

DOF Subsea Adds $100M+ in Backlog with Petrobras Extension

Jun 22, 2022

Norwegian subsea services company DOF Subsea has secured an extension for its four contracts with Petrobras for subsea inspection works in Brazil.DOF said that the extension would call for at least three vessels operating for 18 months, to the…

TechnipFMC to Deliver Subsea Production Systems for TotalEnergies' CLOV3 Project Offshore Angola

Jun 17, 2022

Oilfield services company TechnipFMC has won a contract with TotalEnergies EP Angola to supply subsea production systems for the CLOV3 development in Block 17, offshore Angola. TechnipFMC said the contract was a “significant” one, which for…

Schlumberger, Subsea 7 Renew Subsea Integration Alliance for 7 More Years

Jun 10, 2022

Oilfield services giant Schlumberger and offshore installation specialist Subsea 7 have agreed to renew their Subsea Integration Alliance for a further seven years.Subsea Integration Alliance is an alliance between Subsea 7 and Schlumberger’s OneSubsea subsea technologies…

Pipelayer Crewmember Medevaced in the Gulf of Mexico

Jun 07, 2022

An ailing crewmember was medevaced from a U.K.-registered pipe laying vessel 167 miles offshore Marsh Island, La., in the U.S. Gulf of Mexico.The U.S. Coast Guard said its Sector New Orleans watchstanders received a call around 3 p.m. on Monday…

Steel Pipe Maker Tenaris Pays $78.1M to Resolve U.S. Bribery Probes

Jun 03, 2022

Tenaris SA , a global manufacturer of steel pipes, said on Thursday it will pay $78.1 million to resolve U.S. probes into its alleged payment of bribes to win business from Brazil's state-owned oil company Petrobras.The Luxembourg-based company will pay a $25 million civil fine plus $53…

Italian Court Dismisses Bribery Case Against Tenaris Directors

May 31, 2022

Tenaris, a company manufacturing pipes and related services for the global energy industry, has informed that an Italian court has dismissed a case against Tenaris’s Chairman and Chief Executive Officer and two other Board members over allegedly improper payments in Brazil…

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…

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