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The October 2026 issue of World Pipelines explores pipeline activity across the MENA region alongside the technologies and techniques keeping pipelines protected, operational and moving: from coatings, isolation, and pressure testing, to pigging, subsea inspection, HDD and trenchless construction.

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Home/News/Business news

Business news

Browse the latest business news news and articles.

3Legs resources discovers shale gas in Poland
28 Jun 20112 min read

3Legs resources discovers shale gas in Poland

3Legs resources has announced that it has encountered high concentrations of gas along the entire 1000m length of the Lebien LE-2H horizontal well which was drilled to a total measured depth of 4080 m in same location as its earlier Lebien LE-1 vertical test well.

Howard Energy Acquires Eagle Ford shale midstream assets
23 Jun 20112 min read

Howard Energy Acquires Eagle Ford shale midstream assets

HEP will be able to provide midstream services through its newly acquired subsidiaries, Texas Pipeline and Bottom Line Services. Both subsidiaries operate primarily in the Eagle Ford Shale in South Texas.

Converteam motors to drive compressors for WEPP pipeline
22 Jun 20112 min read

Converteam motors to drive compressors for WEPP pipeline

Converteam has been awarded a new contract for nine Variable Speed Drives Systems with PetroChina for the West-East Gas Pipeline Project (WEPP).

Nordstream AG finishes first underwater gas pipeline, and completes Russian section of second pipe
22 Jun 20113 min read

Nordstream AG finishes first underwater gas pipeline, and completes Russian section of second pipe

All three sections of the first of Nord Stream's twin 1224 kilometre natural gas pipelines have now been joined together underwater by hyperbaric tie-ins. The company has also completed the construction of Line 2 in Russian waters and has resumed pipe laying in Finnish waters.

Spectrum agrees 23 million dollar 2D seismic acquisition deal with Seabird
22 Jun 20112 min read

Spectrum agrees 23 million dollar 2D seismic acquisition deal with Seabird

Spectrum has secured a significant 2D seismic acquisition capacity with Seabird for expansion of their Multi-Client library, together with a re-let agreement for Spectrum’s vessel, the GGS Atlantic.

The glass ceiling
21 Jun 20112 min read

The glass ceiling

Hays Oil and Gas have found that the majority of people do not believe that companies do enough to promote women into senior management positions.

Kidnap and the global energy sector: risk by region
21 Jun 20115 min read

Kidnap and the global energy sector: risk by region

Taryn Evans, AKE, takes a brief look at the differences between regions in terms of the threat posed to foreign personnel engaged in energy projects by kidnap and ransom.

Cardiff University to research odour problems with shale gas
17 Jun 20112 min read

Cardiff University to research odour problems with shale gas

North American gas companies have asked odour experts at Cardiff University to solve the potentially lethal problem of shale gas losing its smell.

Saudi Aramco reportedly increasing crude supply as OPEC strains
16 Jun 20113 min read

Saudi Aramco reportedly increasing crude supply as OPEC strains

Saudi Arabaia is breaking ranks from OPEC to offer increased supply to Europe, as Libya and Iraq struggle to protect production and processing facilities from the effects of civil unrest.

Petrobras has awarded GE a US$ 200 million subsea contract
16 Jun 20112 min read

Petrobras has awarded GE a US$ 200 million subsea contract

GE Oil & Gas has announced that its Wellstream business, acquired in March, has been awarded a long-term, flexible pipe and subsea equipment logistics services contract by Petrobras). The long-term contract is initially valued in excess of US$ 200 million.

Chevron awarded 5 year shale exploration permit in Bulgaria
16 Jun 20111 min read

Chevron awarded 5 year shale exploration permit in Bulgaria

Chevron has been awarded a five year permit worth € 50 million (£71.87 million) to explore a huge shale gas play in Northeastern Bulgaria.

Shell Nigeria declares force majeure on Bonny Light loadings
14 Jun 20112 min read

Shell Nigeria declares force majeure on Bonny Light loadings

Shell Petroleum Development Company of Nigeria Limited (SPDC) has declared a force majeure for June and July 2011 on Bonny Light loadings as a result of damaged pipelines. The production deferment will affect loadings at the Bonny terminal and came into affect at 12 am on June 13th.

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