Pipeline News

Woodside staying on target at Browse

Woodside Petroleum is sticking to its target schedule at the Browse liquefied natural gas project in Australia by starting concept definition work while issuing a pre-qualification for the front-end engineering and design phase.The Perth-based independent earlier this month awarded a concept definition engineering contract to KBR for the two large floating production…

YPF in talks with Exmar over FLNG facility

Argentinas YPF is in advanced talks with Exmar of Belgium about possible charter terms to put 'the first barge-based floating liquefied natural gas liquefaction and storage facility' to work in the port of Bahia Blanca.YPF has emerged as a likely customer for the new-built Caribbean FLNG vessel, concluded last year by Chinese…

The Underwater Centre in Fort William goes bust months after signing high-profile deal with Japanese

A leading underwater centre for the training of personnel for the North Sea has gone into administration with 48 jobs at risk. The collapse is likely to cause some embarrassment for the Scottish Government, Highlands & Islands Enterprise and Scottish Development International who earlier this year signed a deal to carry…

Epic purchases BAE Systems Southeast Shipyards Alabama

Epic Alabama Shipyard has announced that it has purchased BAE Systems Southeast Shipyards Alabama LLC and all of its related shipyard facilities in Mobile, Alabama.According to the statement, Epic will provide ship repair and maintenance services to its customers, making use of the existing facilities and dry docks, including the Alabama Dry Dock – one of the largest in the Gulf of Mexico.

Claxton Awarded Multimillion-Dollar Canadian Contract To Supply High-Pressure Riser And Conductor Cu

Claxton, a leading supplier of engineering and services for shallow-water, jackup-depth markets in subsea services group Acteon, has won a multimillion-dollar contract to provide high-pressure riser and abrasive jet cutting services to the Deep Panuke decommissioning project offshore Canada. The gas field is about 250 km (155 miles) southeast of Halifax, Nova Scotia, on the Scotian Shelf.

9 Key Things That Investors Should Know About Keppel REITs Latest Earnings Update For 2018s Third Qu

On 15 October 2018, Keppel REIT (SGX: K71U) announced its third quarter earnings update for 2018.As a quick introduction for better context before I discuss the companys latest results, Keppel REIT has a focus on commercial properties and its portfolio currently consists of nine office assets located in Singapore and Australia.

Shipbuilder Academy provides Ingalls with new employees

PASCAGOULA, MS (WLOX) - The legacy that Ingalls Shipbuilding leaves on the community is expanding its reach into Coast high schools. The Shipbuilder Academy started three years ago, and its enrollment gets bigger each year.We wanted to reach out to the local schools because if we build a pipeline in our backyard, then we know the employee is actually going to stay…

Navy Aircraft Carriers Are Expensive and Vulnerable to Attack. Here's How to Replace Them.

T. X. HammesSecurity, Could this work? Navy Aircraft Carriers Are Expensive and Vulnerable to Attack. Here's How to Replace Them.If we stop buying carriers after the JFK, the United States will still have seven carriers through 2050. If we shift funds to container ship carriers, we can vastly increase the numbers of platforms and weapons while cutting personnel and procurement costs drastically.

U.S. oil service firms face tough quarter despite high...

By Liz HamptonHOUSTON, Oct 17 (Reuters) - Even as crude prices hover near four-year highs, U.S. oilfield service firms' third-quarter results due out in coming days will reflect a shaky recovery, as their customers face drilling constraints and pressure to hold down spending.Oil producers are holding off finishing new wells, and cost pressures from tight labor markets and U.S.

Permian Adds 4 Oil Drilling Rigs Despite Pipeline Bottleneck

Zacks Equity Research,The number of rigs exploring resources in the United States increases in five of the last 10 weeks.MoreIn its weekly release, Baker Hughes, a GE company BHGE reported an increase in U.S. rig count. More on the Rig CountBaker Hughes data, issued at the end of every week since 1944, helps energy service…

U.S. states opposed to offshore drilling find hope in Zinke's words

By Nichola Groom and Timothy GardnerLOS ANGELES/WASHINGTON, Oct 17 (Reuters) - Interior Secretary Ryan Zinke has hinted to at least six coastal states that he will keep their waters out of a looming plan to expand U.S. offshore drilling, telling some they lack enough oil to be included anyway, according to state officials…

Oil Prices Under Pressure As U.S. Shale Supply Soars

The big story in oil markets this week has been the escalating tension between the United States and Saudi Arabia, with many analysts suggesting that crude prices could head even higher if the fued reaches a boiling point. (Click to enlarge)(Click to enlarge)(Click to enlarge)(Click to enlarge)- U.S. nuclear plant outages were relatively low throughout the summer, but spiked last month.

Are Natural Gas Prices Set To Spike?

Natural gas storage is at record low levels but prices are falling going into winter heating season. Markets seem to be betting that wellhead supply will be sufficient to cover demand this winter. That may be but at what gas prices? This is a game of natural gas risky business.Natural gas 6-month calendar spreads moved in backwardation in early September and climbed to +$0.57 on October 9.

FES International order for hot stabs for Nord Stream 2 pipeline

Following the successful delivery of hot stabs for Nord Stream 1, Nord Stream AG has ordered a number of new bespoke hot stabs for the Nord Stream 2 pipeline from FES International, a global provider of fluid transfer systems. A team of European engineers has been working on this project, which has seen FES significantly…

Offshore drillers eye recovery by 2020

FILE PHOTO: An oil and gas drilling platform stands offshore in the Gulf of Mexico in Dauphin Island, Alabama, U.S., October 5, 2013. REUTERS/Steve Nesius/File PhotoMoreBy John Benny(Reuters) - Battered oil and gas drilling companies are finally seeing piecemeal signs that the prices they charge for offshore rigs are bottoming…

Gaming out committee revamps - POLITICO

Editors Note: This edition of Morning Transportation is published weekdays at 10 a.m. POLITICO Pro Transportation subscribers hold exclusive early access to the newsletter each morning at 6 a.m. To learn more about POLITICO Pros comprehensive policy intelligence coverage, policy tools and services, click here.With help…

Saipem Seals Services Deals Worth $400MM  | Rigzone

by  Andreas Exarheas|Rigzone Staff|Monday, October 15, 2018TweetSaipem signs new offshore engineering and construction contracts in Azerbaijan, the North Sea and the Republic of Congo worth a total of approximately $400 million.Saipem revealed Monday that it has signed new offshore engineering and construction (E&C) contracts in Azerbaijan…

Energy Voice | North Sea helps Saipem bag £305million in contracts

Saipem has reported contract wins worth £304.9million in the  North Sea, Azerbaijan and the Republic of Congo.The Italian engineering services firm was hired in August for work on Premier Oils newly-sanctioned Tolmount development in the southern North Sea.Saipem is carrying out pipeline engineering, procurement construction…

Equinor: production start at Oseberg Vestflanken 2

On 14 October the Oseberg Vestflanken 2 field in the North Sea came on stream. Remote-operated from the Oseberg field centre, the new Oseberg H platform is the first unmanned platform on the Norwegian Continental Shelf. Recoverable resources are 110 million bbls, and the project was delivered far below budget.“With Oseberg H we take a huge technological leap forward.

Advisory Vote 19 involves a tax on crude oil

In November, Washington voters will have the chance to show their support or opposition to a tax on oil brought to state refineries by pipelines.The tax was imposed by the Legislature earlier this year. Like its name suggests, Advisory Vote 19 isnt binding on the Legislature, which typically ignores the results of these…