Transportation news briefs, July 25


Cross Bay Pipeline Co. LLC, a limited liability company formed by subsidiaries of Williams, Duke Energy Corp., and KeySpan Corp., has filed an application with the Federal Energy Regulatory Commission to increase natural gas deliveries into New York City by 125,000 dekatherms/day. At a cost of $59.5 million, the project will include transfer of about 37 miles of Williams' existing Transco lower New York bay extension to Cross Bay.; construction of a 16,000 hp compressor station in Middlesex County, NJ; pipe replacement; and system modifications. Once completed, the Cross Bay facilities will form a new interstate pipeline system extending from Middlesex County across lower New York bay to Nassau County, NY. The pipeline will have a total capacity of more than 600,000 dekatherms/day. Williams and Duke Energy each have a 37.5% ownership interest in Cross Bay, while KeySpan owns 25%. Construction is scheduled to begin in July 2001 with service scheduled to begin Dec. 1, 2002.

Shell International Gas Ltd. has announced the order of two LNG carriers from the Mitsubishi Heavy Industries shipyard in Japan. The vessels will serve a growing portfolio of Shell LNG projects around the world which require shipping. Each of the carriers will have a capacity of 135,000 cu m. They will be delivered in third quarter 2002 and first quarter 2003. A statement said: "In particular, the ships can assist in the start up of our Hazira LNG Terminal Project in Gujarat, Northwest India, while long-term shipping requirements are resolved, and in supply to the Cove Point LNG terminal, where we recently secured capacity." The vessels will be manned and operated by Shell International Trading & Shipping Co. Ltd.

Dow Benelux NV, the Dutch subsidiary of Dow Chemical Co., and Germany's Oiltanking GmbH announced plans to develop a bulk chemicals tank terminal on De Mosselbanken, part of Dow Benelux's complex in Terneuzen, the Netherlands. Oiltanking will own, manage, and operate the independent facility, which will serve third parties as well as Dow. The terminal will be located between the main ports of Rotterdam and Antwerp will and have access to deepsea port facilities for vessels of up to 100,000 dwt. Its planned capacity is 220,000 cu m, with tank sizes of 500-20,000 cu m. Both companies said they expect the project's first phase, which encompasses an initial investment of $27 million, to be commissioned by the end of 2001.

TransCanada PipeLines Ltd., Calgary, has sold its 49% interest in the Tuscarora Gas Transmission Pipeline Co. line to TC PipeLines LP. The line ships up to 111 MMcfd of natural gas from Malin, Ore., to Reno, Nev. TC PipeLines is a limited partnership that is one-third owned by TransCanada. TransCanada will retain a 1% interest in the line; Sierra Pacific Resources controls the remaining interest. The sale is part of a broad asset disposal program by TransCanada, which is focusing on its core gas transmission business in Canada.

The chemical company Orica Ltd. has sold its 1,375-km Moomba-Botany ethane supply pipeline for $124 million as part of its move to quit the noncore plastics industry. The proceeds will be used to repay debt. The line was bought by a group comprising Uni-Super, National Australia Asset Management, and John Lang Investments. It will continue to transport ethane under a long-term contract to the Qenos plant in Botany to make polyethylene. Qenos is an equal joint venture of Orica and ExxonMobil Corp.

Related Articles

ExxonMobil forecasts 35% higher world energy demand by 2040

12/15/2014 A significantly bigger global middle class, expanded emerging economies, and 2 billion more people will contribute to 35% higher world energy deman...

ExxonMobil forecasts 35% higher world energy demand by 2040

12/10/2014 A significantly bigger global middle class, expanded emerging economies, and 2 billion more people will contribute to 35% higher world energy deman...

Firms' third-quarter earnings climbed amid lower crude oil prices

12/08/2014 A sample of 58 oil and gas producers and refiners based in the US recorded a combined 38% jump in profits for this year's third quarter compared wi...

Chapman to succeed Pryor as ExxonMobil Chemical president

11/24/2014 Neil A. Chapman is expected to assume the roles of president of ExxonMobil Chemical Co. and vice-president of ExxonMobil Corp. following the retire...

Induced seismicity research effort identifies information gaps

11/10/2014 A federally coordinated effort to determine whether oil and gas activities are related to growing reports of induced seismic activity has identifie...

ExxonMobil, Linn to make second asset exchange this year

10/06/2014 ExxonMobil Corp. has agreed to trade interest in 500 net acres from South Belridge field near Bakersfield, Calif., to Linn Energy LLC, Houston, in ...

ExxonMobil 'winds down' Arctic well, obeys sanctions

09/29/2014 ExxonMobil Corp. released a statement that it is complying with all US sanctions on Russia after news reports that the operator had halted operatio...

AAPG ICE: ExxonMobil outlines international approach to unconventional development

09/22/2014 Global energy demand is expected to increase 35% to 2040, translating to 120 billion boe/year, or nearly 350 million boe/d, stated Rocky Becker, vi...

ExxonMobil ‘winding down’ Arctic well, complying with US, EU sanctions on Russia

09/19/2014 ExxonMobil Corp. released a statement that the company is complying with all US sanctions on Russia after news reports that the operator had halted...

White Papers

AVEVA NET Accesses and Manages the Digital Asset

Global demand for new process plants, power plants and infrastructure is increasing steadily with the ...
Sponsored by

AVEVA’s Approach for the Digital Asset

To meet the requirements for leaner project execution and more efficient operations while transferring...
Sponsored by

Diversification - the technology aspects

In tough times, businesses seek to diversify into adjacent markets or to apply their skills and resour...
Sponsored by

Engineering & Design for Lean Construction

Modern marketing rhetoric claims that, in order to cut out expensive costs and reduce risks during the...
Sponsored by

Object Lessons - Why control of engineering design at the object level is essential for efficient project execution

Whatever the task, there is usually only one way to do it right and many more to do it wrong. In the c...
Sponsored by

Plant Design for Lean Construction - at your fingertips

One area which can provide improvements to the adoption of Lean principles is the application of mobil...
Sponsored by

How to Keep Your Mud System Vibrator Hose from Getting Hammered to Death

To prevent the vibrating hoses on your oilfield mud circulation systems from failing, you must examine...
Sponsored by

Duty of Care

Good corporate social responsibility means implementing effective workplace health and safety measures...
Sponsored by

Available Webcasts


On Demand

Optimizing your asset management practices to mitigate the effects of a down market

Thu, Dec 11, 2014

The oil and gas market is in constant flux, and as the price of BOE (Barrel of Oil Equivalent) goes down it is increasingly important to optimize your asset management strategy to stay afloat.  Attend this webinar to learn how developing a solid asset management plan can help your company mitigate costs in any market.

register:WEBCAST


Parylene Conformal Coatings for the Oil & Gas Industry

Thu, Nov 20, 2014

In this concise 30-minute webinar, participants have an opportunity to learn more about how Parylene coatings are applied, their features, and the value they add to devices and components.

register:WEBCAST


Utilizing Predictive Analytics to Optimize Productivity in Oil & Gas Operations

Tue, Nov 18, 2014

Join IBM on Tuesday, November 18 @ 1pm CST to explore how Predictive Analytics can help your organization maximize productivity, operational performance & associated processes to drive enterprise wide productivity and profitability.

register:WEBCAST


US HYDROCARBON EXPORTS Part 3 — LNG

Fri, Nov 14, 2014

US LNG Exports, the third in a trilogy of webcasts focusing on the broad topic of US Hydrocarbon Exports.

A discussion of the problems and potential for the export of US-produced liquefied natural gas.

These and other topics will be discussed, with the latest thoughts on U.S. LNG export policy.

register:WEBCAST


Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected