Pipeline Business

Sinopec Sets Sights on 8400 km Country-Spanning Gas Pipeline

Sinopec, Asia's biggest downstream company, has received approval from China’s National Development and Reform Commission to build a 8,400-kilometer pipeline network carrying up to 30 billion cubic meters of gas per annum from the gas fields in northwest China to the southern and eastern provinces around Guandong.

Finland Seeks EU Help in Financing the Balticconnector Pipeline Between Finland and Estonia

Finland and Estonia announced their intention to work together to build a natural gas pipeline between Finland and Estonia, which would connect Estonian and Finnish gas grids. Dubbed the Balticconnector, the pipeline would increase Finnish import capacities by providing access to the Latvia's natural gas storage in Inčukalns.

Significance of Pipelines Underscored in Energy Transfer's $38 Billion Takeover of Williams Cos.

Energy Transfer Equity LP took a major step in consolidating its partnership assets with a $38 billion acquisition of Williams Cos., fitting CEO Kelcy Warren’s long-standing formula for building an energy empire: Buy companies that connect the dots in the industry to leapfrog competitors.

Voestalpine Wins Major Supply Contract for 114 km Natural Gas Pipeline Project in UAE

In difficult marketing conditions the Voestalpine Group has been awarded a contract by the National Gas and Industrialization Company (GASCO) of the United Arab Emirates (UAE) to supply 95,000 tons of premium line pipe plates for the 114 km high - pressure Integrated Gas Development Pipeline (IGD-E) project in Abu Dhabi.

Eni Discovers Largest Gas Field Ever in the Mediterranean

Eni, the Italian oil and gas giant, has startled the petroleum industry with the announcement of a supergiant gas discovery at its Zohr prospect in Egypt's offshore economic waters. The field could potentially hold 30 trillion cubic feet of lean natural gas in place, the largest ever made in the Mediterranean Sea.

Ontario Energy Board Critical of Proposed $12 billion, 4600 km Energy East Oil Pipeline

The Ontario Energy Board has voiced its opinion on the $12 billion Energy East oil pipeline project, reflecting the concerns of the communities along the route that the environmental risks are greater than the potential benefits.

STATS Group Wins Another Contract for its Emergency Pipeline Repair System (EPRS)

STATS Group, a Scottish company providing full service capability for the maintenance, repair and modification of oil and gas installations and pipelines, onshore and offshore, has been awarded a contract for its Emergency Pipeline Repair System (EPRS) over $10 million stretching 10 years for the design, manufacture and test pipeline isolation and intervention equipment for a range of pipeline