News

  • Russia and Ukraine Trade Accusations After Pipeline Attack in Crimea

    On the 7th September Russia’s FSB security service accused Ukraine of organising an attack on a gas pipeline in Russian-annexed Crimea, an allegation rejected by Kyiv which said Moscow was trying to punish prominent Crimean Tatar figures.   The FSB accused the Ukrainian military intelligence…

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  • BUA Group lets contract for Akwa Ibom integrated refining complex

    Privately held BUA Group, Lagos, has let a contract to OLAX Engineering Ltd to provide project management consultancy (PMC) services for the front-end engineering design (FEED) of subsidiary BUA Refinery’s 200,000-b/d grassroots integrated refining and petrochemical complex under development in Nigeria’s state of Akwa Ibom….

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  • Final Piece of Nord Stream 2 in Place, Operator Says

    The last section of the Nord Stream 2 gas pipeline has been welded into place, its operator said on the 6th September, meaning the two long stretches of the pipe can now be joined to complete the Baltic subsea link.   The US$11 billion pipeline, which will double Russian gas exporter…

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  • Enbridge to Buy Moda for US$3 billion

    Enbridge Inc, the Canadian pipeline giant, agreed to acquire Moda Midstream Operating LLC for US$3 billion to add US Gulf Coast oil export capacity.   Enbridge is buying Moda for cash from EnCap Flatrock Midstream, it said on the 7th September in a statement.  …

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  • Shell and Kongsberg in pact for digital transformation of wells

    Oil major Shell and Kongsberg Digital have entered into a strategic partnership agreement to collaborate and accelerate digital solutions and transformation for well delivery and performance.   During the previous few years, Kongsberg Digital has been supporting digitalisation within the oil and gas industry. This…

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  • API launches new edition of cybersecurity standard for pipelines

    The American Petroleum Institute (API) has published its Third Edition of Standard (Std) 1164, ‘Pipeline Control Systems Cybersecurity’, underscoring the natural gas and oil industry’s ongoing commitment to protecting the US’ critical infrastructure from malicious and potentially disruptive cyber-attacks.   In development since 2017, the…

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  • Sembcorp boosts workforce for Karish FPSO

    Energean expects its Karish field development to deliver first gas in mid-2022, the company confirmed in its latest results statement.   The FPSO Energean Power should depart for Israel in 1Q 2022, a 35-day voyage, with subsequent hook-up and pre-first gas commissioning expected to take…

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  • Neptune gets nod to drill North Sea prospect

    Oil and gas company Neptune Energy has received consent from Norwegian authorities for exploration drilling in the North Sea, using an Odfjell Drilling-owned rig.   The Petroleum Safety Authority (PSA) said on the 6th September that it has given Neptune Energy consent for exploration drilling…

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