MOL signs LoI in relation to LNG transhipment projects

Mitsui O S K Lines Ltd has announced that it has signed a Letter of Intent (LoI) with Public Joint-Stock Company ‘State Transport Leasing Company’ (GTLK), a state-owned leasing company under the Ministry of Transport of the Russian Federation, for the potential acquisition of total…

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Aquaterra to supply solar-powered platform offshore Angola

Aquaterra Energy has won a master engineering and design service agreement from an unnamed supermajor to deliver multiple Sea Swift platforms for deployment offshore Cabinda Province in northern Angola.   Work has already started on the first platform, which will be designed to operate in…

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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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