Offshore Pipelines News - page 4


BP Hires Subsea 7 for Pipeline Installation Gig Offshore Trinidad and Tobago

May 11, 2022

Offshore installation contractor Subsea 7 said Wednesday it had secured a sizeable contract with the British oil major BP offshore Trinidad and Tobago. Subsea 7 defines a sizeable contract as being between $50 million and $150 million. The contract…

MMA Offshore Vessel Secures Subsea Services Work in Qatar

May 11, 2022

Australian offshore vessel operator MMA Offshore has secured a contract in Qatar for one of its multi-purpose support vessels.The multi-purpose support vessel MMA Pinnacle will be deployed to Qatar to provide a range of subsea services supporting…

Thermoplastic Composite Pipes Could Carry Hydrogen Produced Directly at Floating Wind Farms

May 10, 2022

Strohm, the developer of Thermoplastic Composite Pipe (TCP), has signed a memorandum of understanding (MoU) with French renewable hydrogen supplier Lhyfe, to collaborate on the transportation solution for hydrogen produced from a floating wind…

Norway's Pipeline Gas Exports Could Hit All-time Highs

May 04, 2022

Norway's pipeline gas export could hit all-time highs this year, exceeding a 2017 record of 117 billion cubic meters (bcm), pipeline operator Gassco said on Wednesday.'I think we will see it (in) that range, and I will not be surprised if it's a bit over…

Pipeline Operator Genesis Energy to Increase Deepwater Gulf of Mexico Footprint

May 04, 2022

Genesis Energy will increase its footprint in the deepwater Gulf of Mexico with expansion of an existing pipeline system and construction of a new line, it said in its first-quarter earnings report on Wednesday.Genesis will spend about $500…

Guyana, ExxonMobil in Talks to Build Pipeline to Bring Offshore Gas Ashore

May 03, 2022

Guyana has started discussions with Exxon Mobil Corp to build a more than 120-mile (190-km) natural gas offshore pipeline, Natural Resources Minister Vickram Bharrat said on Tuesday at the Offshore Technology Conference in Houston.Guyana, a tiny South American country…

Subsea 7 Nets 'Substantial' W. Africa Deal

May 02, 2022

Offshore installation services firm Subsea 7 said Friday it had won a substantial contract in West Africa.Subsea 7 defines a substantial contract as being between $150 to $300 million.In a brief statement in which it didn't reveal much, Subsea 7 said the contract was for the engineering…

Shell Midstream Partners: Volumes on Mars Oil Pipeline System Rose in 1Q

Apr 29, 2022

Shell Midstream Partners LP said on Thursday that volumes on its Mars oil pipeline system rose during the first quarter, as repairs completed in the wake of Hurricane Ida allowed it to run at normal operating levels.The Mars pipeline system…

Gas Prices Help OMV Cushion Nord Stream 2 Impairments

Apr 29, 2022

Austrian oil and gas group OMV reported better-than-expected first-quarter results on Friday as higher market prices and gains across all units more than offset a hit from impairments related to the discontinued Nord Stream 2 project.OMV said its adjusted operating income grew to 2…

Baltic Pipe Ready to Ship Norwegian Gas to Denmark

Apr 29, 2022

Work on the Baltic Pipe project in the North Sea has been completed, and the pipeline is ready to ship Norwegian gas to Denmark, info on the project's website shows.Baltic Pipe is a strategic EU infrastructure project led by Danish and Polish…

Germany: Activists Turn off Oil Pipelines in Protest Against North Sea Drilling Plans

Apr 27, 2022

German climate activists turned off crude oil pipelines at five locations on Wednesday, demanding the country look for other ways to reduce its dependence on Russian gas than starting new fossil fuel-based infrastructure projects such as deep-sea drilling…

TechnipFMC Secures 'Significant' iEPCI Deal with Wintershall in Norway

Apr 20, 2022

Oilfield services firm TechnipFMC has said it has won a significant integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract with Wintershall Dea Norge AS for its Maria revitalization project, offshore Norway. For TechnipFMC…

Reuters: Oil Traders to Reduce Russian Oil Purchases from May 15

Apr 14, 2022

For illustration - Gazprom Neft's Prirazlomnaya platform -Credit:Wp.klecha/Wikimedia CommonsMajor global trading houses are planning to reduce crude and fuel purchases from Russia's state-controlled oil companies as early as May 15, sources said…

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…

Sudden Cutoff of Russian Gas Would Cause Sharp Recession in Germany

Apr 13, 2022

Germany would face a sharp recession if gas supplies from Russia are suddenly cut off, the country's leading economic institutes said on Wednesday, and the government said the war in Ukraine poses 'substantial risks' for Europe's largest economy…

Current News

Saipem in Talks to End Its Arctic LNG 2 Projects in Russia

Saipem in Talks to End Its Arctic LNG 2 Projects in Russia

Keppel Terminates Semi-sub Rig, Jack-up Rig, and Liftboat Orders as Clients Fail to Pay Up

Keppel Terminates Semi-sub Rig, Jack-up Rig, and Liftboat Orders as Clients Fail to Pay Up

MODEC, Toyo to Form Engineering JV for Large-Scale FPSOs

MODEC, Toyo to Form Engineering JV for Large-Scale FPSOs

International Breakthrough: Reach Subsea's OCTIO Nets 4D Geophysical Monitoring Work in Australia

International Breakthrough: Reach Subsea's OCTIO Nets 4D Geophysical Monitoring Work in Australia

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