Pipeline News

Edmonton-Wetaskiwn MP Mike Lake heading back to Ottawa

Veteran Conservative Party MP Mike Lake is heading back to Ottawa for a fourth time after breezing to re-election in Edmonton-Wetaskiwin.Lake, who worked as a ticket sales director for the Edmonton Oilers in his life before politics, defeated the five other candidates vying for the position, winning 71 per cent of the vote…

Ahead of Paris climate deal withdrawal, Trump admin makes $1.2B investment in oceans – 1310 KFKA

OlegAlbinsky/iStock(WASHINGTON) Less than two weeks before the Trump administration is expected to formally begin withdrawing the United States from the Paris climate accord, its top diplomat for the environment has announced $1.21 billion for the oceans.The new funding, intended to create a sustainable blue economy that protects the worlds oceans…

Virginia Beach Rep. Elaine Luria has pointed exchange with Navy brass over slow carrier maintenance

As Rep. Elaine Luria sees it, this weeks decision to extend the deployment of the USS Abraham Lincoln speaks to a more serious problem with the aircraft carrier fleet, and the evidence is front and center in Hampton Roads.The Lincoln will remain deployed for an unspecified time because repairs are taking longer than expected on the USS Harry S.

Nigeria: Why Crude Oil Theft Persists in Nigeria - NNRC

Abuja — The Nigerian Natural Resource Charter (NNRC) has given reasons why crude oil theft is still a thriving business in the country, several years after the discovery of oil.According to the NNRC, factors such as government and societal influences have helped to sustain oil theft in Nigeria.It stated that poor governance…

Dreams Of An Aramco IPO Are Fading Fast

Once again reports are out that Saudi Aramco is said to be pushing its mammoth IPO top completed by the end of this year (reportedly relying more on Saudi and MidEast regional investors).The kickoff, originally scheduled for Oct. 20, was delayed after Aramco got mixed feedback from international investors. Bloomberg reports…

GOLDSTEIN: Elect Trudeau? No more pipelines

Offshore oil drilling threatens our health and economy

Americans up and down our nation’s beautiful coasts know that offshore drilling is a direct threat to the health of the environment and to the economic vitality of coastal communities.We’ve been proud to stand with coastal residents in California and across the nation to oppose the administration’s efforts to open federal…

Alberta's oilpatch workers anxiously await election results to see if pipeline will proceed

Drayton Valley, Alta., is a land of pumpjacks and pickup trucks.The town, about an hour's drive west of Edmonton, is known for its vast oilfields, which in boom times drew thousands of workers to live here.It's a community built on energy, Tim Cameron is fond of saying, as he gazes out his kitchen window at two pipelines running through his property.But these days…

Newsom appoints two top oil and gas regulators, including a former Chevron staffer : Indybay

The appointments of Shabazian and Ntuk come in the wake of increased opposition by environmental justice, conservation and public interest groups to the expansion of onshore and offshore drilling in California under Governors Jerry Brown and Gavin Newsom. On October 12, Governor Gavin Newsom appointed David Shabazian as the new director of the Department of Conservation…

US Maritime Defender Elijah Cummings Dies

The U.S. domestic maritime industry lost one of its biggest supporters with the death of U.S. Rep. Elijah Cummings (D-Md.), an attorney who worked closely with him told FreightWaves.Cummings died Oct. 17 of "long-standing health problems," according to press reports. He was 68.A native of Baltimore, Cummings most recently served as chairman of the Committee on Oversight and Reform.

Boost for Lamu Port as shippers tour project

Operationalization of Lamu Port is slowly coming to fruition after shipping lines agreed to visit the facility this week, ahead of the first berth's launch.KPA has managed to convince more than 10 shipping lines to visit the port in a marketing strategy aimed at attracting vessels to Lamu, which is expected to be commissioned…

£90m plans in pipeline to make way for mega-ships

£90 million, to increase the depth of Harwich harbour to make room for 400-metre long mega-ships is in the pipeline. 16 metres. The significant improvement project will ensure that Haven ports will continue to be able to handle the increasing numbers of super-sized container ships in operation and under construction in the future.

EIVA Launches ROV Steering Software

NaviSuite Mobula is a new software product from EIVA offering advanced steering capabilities to remotely operated vehicle (ROV) owners.The market for the micro- and mini-ROV is under drastic change, with more suppliers entering the market, and prices for the ROVs dropping significantly. The performance of the entry-level…

Turner Designs Introduces New Turbidity Sensor

Turbidity measurements at very low levels of detection can be of great importance to those interested in harbor dredging, underground pipeline installation, and riverine applications in general. With these applications in mind, Turner Designs is excited to introduce a new turbidity sensor with a minimum detection limit of 0.05NTU and a maximum range of 500NTU.
Project Balance

a 21st Century approach to the superyacht business

Following the launch of Lateral Naval Architects earlier this year, the British naval architecture and engineering company has proved to be one of this summers most talked about business developments in the world of yachting. It's not difficult to see why. Formed in a strategic partnership between the well-established naval architecture practice…

Gas, renewables and CCS must work together to secure a rapid energy transition, DNV GL reports

Gas and variable renewables will be the only energy sources for which demand is higher in 2050 than today. However, they must work together alongside greater uptake of carbon capture and storage (CCS) to secure a rapid energy transition, according to a new forecast of the energy transition by DNV GL.DNV GL’s 2019 Energy…

Maxime Bernier lays out the case for Confederation at Alberta rally

I was at the Equality or Independence Rally in Calgary, Alberta over the weekend. People's Party of Canada leader Maxime Bernier joined Derek Fildebrandt to talk to Albertans about his plan for pipelines and equalization. He came onstage to Paul Brandts song, Alberta Bound and spoke to Albertans who are teetering on the…

Oil & Gas International Integrated Outlook: Prospects Dim

The Zacks Oil and Gas – International Integrated industry primarily consists of energy players with exposure to upstream, midstream and downstream businesses.The upstream activities involve exploring and developing of oil and gas resources worldwide, including U.S. shale plays, deepwater Gulf of Mexico in the United States…

Oceaneering International Inc. (OII)'s Financial Results Comparing With Quintana Energy Services Inc

Since Oceaneering International Inc. (NYSE:OII) and Quintana Energy Services Inc. (NYSE:QES) are part of the Oil & Gas Equipment & Services industry, they are influenced by compare. The influences particularly affect the analyst recommendations, institutional ownership, profitability, risk, dividends, earnings and valuation of both companies.

Research Analysts Set Expectations for Oceaneering International’s Q1 2019 Earnings (OII)

Oceaneering International (NYSE:OII) – Equities research analysts at Piper Jaffray Companies cut their Q1 2019 earnings per share estimates for shares of Oceaneering International in a report released on Wednesday, January 16th, Zacks Investment Research reports. Piper Jaffray Companies analyst I. Macpherson now anticipates…