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Transportation 2001 P20

  • 07/24/2001 -- Shell gives Stolt group contract for largest trunkline off West Africa
    Shell Petroleum Development Co. Nigeria has awarded a consortium led by Stolt Offshore, part of the Stolt Group, a contract for pipelay of a gas gathering system off Nigeria. Contractor Stolt Offshore's partner is DSNL, a subsidiary of the Nigerian Adamac Group.
  • 07/24/2001 -- Partners plan $7.5 billion expansion of Nigerian LNG project
    Partners in the Nigerian Liquefied Natural Gas (NLNG) Ltd. project plan to invest another $7.5 billion to add three production trains to that facility on Bonny Island, about 40 km south of Port Harcourt, Rivers State, in southeastern Nigeria, officials said Tuesday.
  • 07/25/2001 -- Irving Oil plans LNG facility at refinery terminal in New Brunswick
    Irving Oil Ltd. Wednesday said it plans to build a $500 million (Can.) liquefied natural gas (LNG) regasification facility at its deepwater oil terminal near Saint John. The terminal, near Saint John, NB, is 60 miles from the US border and 5 miles from the company's 250,000-b/d refinery.
  • 07/26/2001 -- UK to assess vulnerability to energy imports
    The UK government has set up an organization to assess the country's vulnerability to rising imports, especially natural gas. The Energy Security of Supply Working Group is expected meet for the first time in September.
  • 07/27/2001 -- SCANA plans pipeline to move gas from Elba, Ga., LNG terminal
    SCANA Corp., Columbia, SC, has formed a subsidiary, SCG Pipeline Inc., to transport natural gas in Georgia and South Carolina. It plans to build a line to move gas from the Elba Island liquefied natural gas import terminal near Savannah, Ga., to Jasper County, SC.
  • 07/27/2001 -- UK government group to study gas and electricity supply issues
    UK Energy Minister Brian Wilson has created a working group to monitor risks to Britain's future gas and electricity supplies. The Energy Security of Supply Working Group will meet for the first time in September and will issue semiannual reports to Department of Trade and Industry and Ofgem.
  • 07/27/2001 -- IPAMS says House bills have critical tax, leasing reforms for independents
    The US House of Representatives is due to consider legislation next week that includes tax provisions the oil industry has sought for years. A four-bill energy tax package contains a mix of tax changes, energy studies, and leasing provisions. Most were in President George W. Bush's energy strategy.
  • 07/30/2001 -- EDC awards Horizon letter of intent for offshore pipeline
    EDC Ecuador Ltd. has awarded Houston-based Horizon Offshore Inc. a letter of intent to install 42 miles of 12-in. gas pipeline as part of the Amistad development project in the Gulf of Guayaquil, Ecuador. EDC is a unit of Noble Affiliates Inc., Ardmore, Okla.
  • 07/30/2001 -- East Tennessee Natural Gas to double capacity of Patriot line extension
    East Tennessee Natural Gas will more than double the planned capacity on its proposed Patriot gas pipeline extension to 510 MMcfd, due to customer interest, said parent company Duke Energy Gas Transmission, itself a unit of Duke Energy Corp., Charlotte, NC.
  • 07/30/2001 -- Mirant and CLECO to develop power plants in the South
    Atlanta's Mirant Corp. and a unit of CLECO Corp., Pineville, La, said they would jointly develop and own additional power plants in the South building on the success of their first joint project in Perryville, La. The development agreement involves up to 2,000 Mw of new generation capacity across the South. New units to be jointly owned and operated will come on line before 2006.
  • 07/31/2001 -- US fuel economy study sidesteps auto mileage recommendations
    The US National Academy of Sciences Monday said the fuel efficiency program for passenger vehicles must be updated to reflect improved auto technology and to reduce US reliance on foreign oil. But the report did not offer specific fuel economy recommendations.
  • 07/31/2001 -- Earnings up, Entergy bearish on power prices
    Utility holding company Entergy Corp. Tuesday reported second quarter profits rose on the strength of its nuclear power plants' and trading venture's performance, beating Wall Street estimates. Top executives also indicated they have turned bearish on power prices because of pent up coal capacity and climbing reserve margins in most regions of the country.
  • 07/31/2001 -- Atmos to acquire storage and pipeline facilities in Kentucky
    Atmos Energy Corp., Dallas, has agreed to acquire storage and associated pipeline facilities in Kentucky from Kentucky Pipeline & Storage Co. Inc. for $13 million. The deal is subject to approval from the Kentucky Public Service Commission.
  • 07/31/2001 -- Williams reports second quarter net of $339.5 million
    Williams, Tulsa, said all its energy businesses performed within expectations for the quarter, yielding second quarter net income of $339.5 million on revenue of $2.8 billion. For the same quarter in 2000, Williams and its subsidiaries reported net income of $351.8 million on revenue of $2.3 billion.
  • 08/01/2001 -- Tax dispute halts planning for gas pipeline across Timor Sea
    Phillips Petroleum Co. said Tuesday it and its partners have postponed indefinitely a decision to build a gas pipeline from Bayu-Undan field in the Timor Sea to Darwin, Australia. East Timor representatives wanted to increase taxes to recoup a 127% refund of exploration and development expenses.
  • 08/02/2001 -- CNRL says Ladyfern area well in British Columbia can produce 100 MMcfd
    Canadian Natural Resources Ltd., Calgary, said a recently drilled well in the Ladyfern area of British Columbia is capable of producing more than 100 MMcfd from the Slave Point formation. CNRL said the well is similar in productive capability to another tested in May at 150 MMcfd.
  • 08/03/2001 -- California PUC expands shipping choice for intrastate gas customers
    The California Public Utilities Commission adopted a new tariff August 2 that would allow Southern California Gas Co. (SoCal) customers more flexibility in choosing gas transportation suppliers. A new so-called "peaking" rate applies only to customers who use a different interstate pipeline for base load service and then use SoCal to provide peak gas needs.
  • 08/06/2001 -- Seven Heads consortium begins drilling
    A consortium began drilling in the Seven Heads prospect off Ireland, said operator Ramco Energy PLC, Aberdeen. Ireland converted the group's licensing option to a lease. Ramco said its interest in the Seven Heads project increased to 49% from 37.5%, because of expenditures it made during the licensing option phase.
  • 08/06/2001 -- Egypt, Libya form oil and gas pipeline firm
    After more than 5 years of negotiations, Egypt and Libya agreed to form a $100 million firm, the Arab Co. for Oil & Gas Pipelines (Al-Tayoub), to transport crude to Egypt and natural gas to Libya.
  • 08/06/2001 -- Petrobras awards $136 million in contracts to Stolt Offshore
    Petroleo Brasileiro SA (Petrobras) extended its current contract 1 year and awarded a new 4-year contract for the deepwater pipelay vessel Seaway Condor, operated by Stolt Offshore SA of Sunbury-on-Thames, Middlesex, UK, officials said Monday.

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