Pipeline News

TechnipFMC Secures Contract From BP for Atlantis GoM Project

TechnipFMC plc FTI recently received an integrated engineering, procurement, construction and installation (iEPCI) contract from British oil giant BP plc BP for the development of the Atlantis Phase 3 project in the Gulf of Mexico (GoM). Just a couple of days back, BP greenlighted the Atlantis Phase 3 development, which has an estimated cost of $1.3 billion.

Astrophysics Meetings, But Not Missions, Disrupted By Government Shutdown

SEATTLE — The ongoing partial government shutdown has upended aspects of a major astronomy conference this week but has not, for now, affected operations of NASA astrophysics missions. The partial government shutdown triggered Dec. 22 when funding lapsed for a number of agencies, including NASA and the National Science Foundation…

Equinor Wraps Up Rosebank Acquisition

Norway's Equinor said on Friday it has completed its acquisition of Chevron’s 40 percent operated interest in the Rosebank project in the West of Shetland region of the U.K. continental shelf.The transaction was announced in October 2018.The Rosebank field was discovered in 2004 in blocks 213/26 and 213/27 and lies about…
Covanta Holding Corporation (NYSE:CVA) Ratings Chart

Analysts See $-1.35 EPS for Navios Maritime Acquisition (NNA); Loews Has Trimmed Covanta Hldg (CVA)

Analysts expect Navios Maritime Acquisition Corporation (NYSE:NNA) to report $-1.35 EPS on February, 6.They anticipate $0.15 EPS change or 12.50% from last quarter’s $-1.2 EPS. After having $-2.25 EPS previously, Navios Maritime Acquisition Corporation’s analysts see -40.00% EPS growth. The stock increased 10.00% or $0.48 during the last trading session, reaching $5.28. About 58,844 shares traded.

Subsea Innovation Achieves DNV GL Type Approval

SIClamp structural pipeline repair clamp technology from U.K. manufacturer Subsea Innovation is designed to act as a temporary or permanent structural repair clamp for carbon steel pipelines designed for water, oil or gas transport. Emergency pipeline repair systems (EPRS) such as these can be immediately deployed should…

SemGroup and KKR Form Canadian Joint Venture and Acquire Meritage Midstream ULC

SemGroup and KKR Form Canadian Joint Venture and Acquire Meritage Midstream ULCSemGroup to own 51% and KKR to own 49% of the new company, SemCAMS Midstream ULC; SemGroup’s contribution of SemCAMS’ shares and assets to SemCAMS Midstream valued at C$1.15 billion (US$860 million) Cash proceeds received from the formation of…

Nigeria's oil production ups by 9%, hits 2.09m barrels daily NNPC

Nigerias crude oil daily production is up by 9 per cent to about 2.09 million barrels.Nigerian National Petroleum Corporation (NNPC) Group Managing Director Dr. Maikanti Baru said this maintained a line of consistent year-on-year improvement.Dr. Baru, in a comprehensive end-of-year-message to the NNPC staff, listed Nigerian Petroleum Development Company (NPDC)…

Inbox: Will Angels sign another reliever?

ANAHEIM -- With roughly a month until pitchers and catchers report to Spring Training, Angels general manager Billy Eppler remains busy trying to upgrade the roster without sacrificing long-term flexibility.So far, the Angels have only signed players to one-year deals, inking catcher Jonathan Lucroy and right-handers Trevor Cahill and Matt Harvey for the 2019 season.

Left out in the cold: Regina rally for resources

Regina The wind was cold, desperately cold, on the steps of the Saskatchewan Legislature at noon on Jan. 8. It was perhaps a fitting metaphor for the supporters of Saskatchewans energy sector, who have been out in the cold for a long time now. And that metaphor was not lost on several of the speakers, including Premier Scott Moe…

Clearfield, Inc. (CLFD) Analysts See $0.05 EPS; Nordic American Tankers Limited (NAT) Shorts Lowered

Nordic American Tankers Limited (NYSE:NAT) had a decrease of 3.52% in short interest. NAT’s SI was 8.13M shares in January as released by FINRA. Its down 3.52% from 8.43 million shares previously. With 2.32 million avg volume, 4 days are for Nordic American Tankers Limited (NYSE:NAT)’s short sellers to cover NAT’s short positions.

Corpus Christi opposition to offshore oil terminal increases

Nueces County commissioners have joined a chorus of public opposition to a proposed crude oil loading terminal planned for the Gulf of Mexico. A resolution officially opposing Switzerland-based Trafigura’s proposal to build an offshore loading dock for crude oil was approved Jan. 7 during the commissioner’s first meeting of the new year.Before voting to approve the resolution…

Orion Group Holdings, Inc. Launches Scale and Growth Initiatives

HOUSTON, Jan. 09, 2019 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE:ORN) (the "Company") a leading specialty construction company, today announced it is undertaking initiatives to scale and grow its business divisions.The Company's Board of Directors has formed a Special Committee, consisting of Board member Austin Shanfelter…

Evening Brief: Wheels finally turning on byelection bus

Tonight’s Evening Brief is brought to you by GovGUIDE. The ultimate resource for all things #cdnpoli. Profiles on all MPs and Senators, events calendar, brief with the days legislative agenda. Click here to learn more! Good evening to you.Well, that didn’t take long. After taking heat since October, when he called a vote…

Total streams Egina FPSO, activates tie-back developments

Post Views: 1Having successfully commissioned the $16 billion Eginadeepwater field development offshore Nigeria, French Multinational, Total, is working to kick off a set of new field development programmes that would ride on established infrastructure to save cost.Starting with deepwater fields hosted in oil mining lease (OML) 130 offshore Niger Delta…

Newest shutdown casualty: Trump’s own policies

Among other administration priorities, the government shutdown is hampering efforts by agencies such as EPA and the Interior department to unwind Obama-era energy regulations. | Brennan Linsley, File/AP PhotoThe government shutdown is threatening important pieces of President Donald Trumps agenda, escalating the political…

Prominent Runners: McDermott International, Inc. (NYSE:MDR) and HCP, Inc. (NYSE:HCP)

McDermott International, Inc. (NYSE:MDR)McDermott International, Inc. is a leading provider of integrated engineering, procurement, construction and installation (EPCI) and front-end engineering and design (FEED) and module fabrication services for upstream field developments worldwide. McDermott delivers fixed and floating production facilities…

Novavax: Positive Phase II NanoFlu Results Make The Stock Undervalued - Novavax, Inc. (NASDAQ:NVAX)

Phase II NanoFlu studyNovavax, Inc. (NVAX) reported top-line phase II clinical trial results of its phase II NanoFlu clinical study on January 3, 2019. All formulations of NanoFlu reported strong immune responses to the several strains, while Matrix-M adjuvant resulted in better immune responses compared to the unadjuvanted formulation.

Dredging in India, 2018 - Market Opportunities till 2024-2025 - ResearchAndMarkets.com

DUBLIN (BUSINESS WIRE)The Dredging in India 2018 report has been added to ResearchAndMarkets.coms offering.A comprehensive database of key projects with information on quantity dredged, contractor, location, contract value, type of dredged deployed, etc. The database includes projects being undertaken at the major ports, non-major ports, national waterways, etc.

Great Lakes Dredge & Dock (GLDD) Boosted at BidaskClub – BharataPress

Great Lakes Dredge & Dock (NASDAQ:GLDD) was upgraded by research analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a research report issued on Monday.GLDD has been the topic of a number of other reports. Zacks Investment Research upgraded shares of Great Lakes Dredge & Dock from a “hold” rating to a…