NDT Global, inline inspection supplier and data analysis, announced today the appointment of Andreas Haindl as CEO of Middle East Operating Company. He will be based in the Dubai office which services the needs of the customers in Middle East and India.
Last week, Germany’s largest pipeline operator Open Grid Europe hosted a debate about the Climate Action Plan 2050 and interlinking of sectors at the 3rd Energy Policy Dialogue in Essen. Some 130 decision-makers from the worlds of politics, commerce and society took part in the debate about the energy transition, the interlinking of sectors and the role of gas and gas infrastructure.
Enbridge, an energy transportation and distribution company from Canada, has sold one of its key assets, the South East Saskatchewan pipeline system, including 1600 km of crude oil pipelines, to Tundra Energy, a private infrastructure company, for $1.08 billion.
Enbridge and Spectra Energy have agreed to merge their respective companies in a stock-for-stock transaction to create the largest energy-infrastructure conglomerate in North America.
Enbridge shareholders will own about 57 percent of the combined company and Spectra’s will own 43 percent, according to a statement released by the companies on Tuesday.
Egypt and Cyprus have signed an agreement for the delivery of gas to Egypt through an undersea pipeline in the eastern Mediterranean. The deal is part of an effort to commercialize a gas reservoir discovered recently off of Cyprus's southern coast and holding an estimated 4 trillion cubic feet.
The Field Products and Service line of ROSEN will provide effective equipment for pre-commissioning activities to SPIECAPAG (France) by suppling 48’’ pre-commissioning tools, tracking equipment, as well as accessories to be used for the Trans Adriatic Pipeline (TAP).
Richard (Dick) B. Williamson, presiding board chairman, president and CEO of T.D. Williamson, will be stepping down in favor of his younger brother, Stephen Williamson, who has served the board of directors since 1977 and most recently held the position of Vice Chairman. Dick will take on the position of chairman emeritus at the company.
NDT Global, a leading supplier of inline inspection (ILI) and data analysis, today announced two new management appointments. Thomas Wolf has been appointed as CEO of the European operating company and Steve Gaida has been appointed as CEO of the Canadian operating company.
According to the reports which we cite below, BP is selling off its stake in United Kingdom Oil Pipeline (UKOP) and four of its UK-based fuel storage terminals. BP co-owns UKOP with Total of France, Valero of US and Royal Dutch Shell as a part of a consortium.
The Trans Adriatic Pipeline (TAP) is planning to open the Southern Gas Corridor for transporting Caspian natural gas to Europe. For this project, they have awarded Siemens to supply six 15-megawatt SGT-400-driven turbo compressor trains.
Argentina’s largest electric utility Pampa Energia revealed that they are selling their indirect stake in the pipeline operator Transportadora de Gas del Sur (TGS) for $241 million. This deal will allow Pampa to work on with the procedures to buy Petrobas Argentina.
JFE Steel Corporation made an announcement on July 08 that it will supply major steel materials for the completion of the Trans Adriatic Pipeline (TAP) project. The unincorporated consortium of Marubeni-Itochu Steel Inc. (MISI) and Corinth Pipeworks Pipe Industry S.A. (CPW) won the contract for this project.
One of the largest natural gas pipeline operators in USA, Kinder Morgan, has made an official announcement on July 10 that they are selling 50% of its stake in the southeastern pipeline system. Southern Company is buying half of the equity interest in the Southern Natural Gas pipeline system, which will be continued to be operated by Kinder Morgan.
On June 28, Kinder Morgan, Inc. made a formal announcement that they are selling 50% equity interest of the Utopia pipeline project to the Riverstone Investment Group (LLC). To acquire the rights to become a partner of the project, Riverstone has to make an upfront cash payment to Kinder Morgan.
OptaSense, a UK based worldwide leader in Distributed Acoustic Sensing (DAS) and its partner Optilan, a giant company in the world of communications and security systems provision, were awarded the contract running into $30 million early this year. As of now, the project is now entering the phase of equipment delivery.