Stay up to date with the latest news and updates from the pipeline industry.
Inpex Gas British Columbia Ltd. has agreed in principle to acquire a 40% participating interest in the shale gas projects in the Horn River, Cordova and Liard basins from Nexen Inc. This will be the first time that Inpex have invested in a shale gas development.
A round up of late November downstream news for the Asia and Pacific regions.
The latest downstream oil and gas news from the Middle East.
Weir Group expands US shale activities The Weir Group PLC has agreed to acquire Seaboard Holdings Inc, an independent wellhead solutions provider focused on the growing North American unconventional oil and gas drilling and production markets for US$ 675 million (£431 million).
In order to ease the supply of gas in Kenya, a natural gas pipeline between Tanzania and Kenya is being planned.
San Leon has announced the successful completion of its first shale gas exploration well in the Baltic Basin. The Talisman Energy operated Lewino 1G-2 well, on the Gdansk W Concession in Poland, has been drilled to 3600 m.
Statoil and Centrica have entered into a long term gas sales agreement for the delivery of 5 billion m3/yr from 2015 to 2025 to the UK market.
Abu Dhabi Crude Oil Pipeline (ADCOP) project, which will bypass the Strait of Hormuz is nearly complete with first oil to flow before the end of the year.
Plans for TransCanada Corp.’s Cushing MarketLink crude oil pipeline are still underway, whilst the 800 000 bpd newbuild Wrangler pipeline is under evaluation following the reversal decision.
A £47.5 billion business opportunity is opening up for companies in decommissioning the North Sea’s huge infrastructure of offshore oil and gas fields according to new research to be published by Deloitte and Douglas-Westwood.
QGC Pty Limited, developer of the Queensland Curtis LNG Project, has awarded a A$19.5 million contract to Australian firm Transfield Services for gas field work in the Surat Basin of Queensland.
American Petroleum Institute has launched a campaign against punitive taxes on the industry.