More Oil & Gas Transportation News

NCOC lets $1.8-billion pipeline contract for Kashagan field

Feb 6, 2015

North Caspian Operating Co. (NCOC) has let a $1.8-billion engineering and construction contract to ERSAI Caspian Contractor LLC, a subsidiary of Saipem SPA, for two 95-km, 28-in. pipelines to serve the Kashagan field project in the Kazakh section of the Caspian Sea.

AOPL releases 2015 safety performance and strategic planning report

Feb 6, 2015

The Association of Oil Pipe Lines is committed to further improvements despite a 99.99% safe petroleum liquids delivery rate, AOPL Pres. and Chief Executive officer Andrew J. Black said as the organization released the 2015 API-AOPL Annual Liquids Pipeline Safety Performance Report & Strategic Plan on Feb. 5.

PAA to expand Delaware basin crude pipeline systems

Feb 5, 2015

Plains All American Pipeline LP (PAA) plans to build two Delaware basin crude oil pipelines and related gathering systems, to expand its existing Blacktip pump station, and to build a 20-in. OD loop line from Blacktip station to Wink, Tex.

Alberta’s premier seeks more North American energy integration

Feb 5, 2015

Better policy integration and cooperation will be needed for Canada, Mexico, and the US to fully realize the North American energy renaissance’s potential, Alberta Premier Jim Prentice said. Unfortunately, trends are leading more toward fragmentation and confrontation, he warned.

Oil, gas infrastructure investments essential, House panel told

Feb 4, 2015

Investments in oil and gas transportation and storage should move ahead because they are essential in continuing the US economic recovery and North American energy renaissance, witnesses told a US House Transportation and Infrastructure subcommittee.

Inpex starts development drilling at Ichthys field

Feb 4, 2015

Inpex Corp. has started development drilling in Ichthys gas-condensate field in the Browse basin, about 200 km offshore Western Australia.

BG’s 2015 budget ‘significantly lower than 2014’

Feb 3, 2015

BG Group plans capital expenditures on a cash basis of $6-7 billion in 2015, a range it says is “significantly lower than 2014” due to “a lower oil price environment.”

Live Oak LNG to build Calcasieu Ship Channel liquefaction, export site

Feb 3, 2015

Live Oak LNG LLC, a subsidiary of Parallax Energy LLC, Houston, will invest $2 billion to develop a 5-million tonne/year liquefaction plant and LNG export terminal on the Calcasieu Ship Channel near Lake Charles, La.

EPA suggests DOS reconsider Keystone XL climate impact conclusions

Feb 3, 2015

The US Department of State might want to reconsider its conclusions regarding potential climate impacts from the proposed Keystone XL crude oil pipeline because crude oil prices have fallen so dramatically, a US Environmental Protection Agency official suggested.

EnLink agrees to purchase Coronado Midstream for $600 million

Feb 2, 2015

EnLink Midstream has agreed to acquire Coronado Midstream Holdings LLC, which owns natural gas gathering and processing facilities in the Permian basin, for $600 million.

So much for cooperation

Feb 2, 2015

Congressional majority leaders and the Obama administration came into 2015 pledging to at least try to be less combative and more cooperative in running the federal government.

Woodside gets NEB approval for British Columbia LNG exports

Feb 2, 2015

Woodside Energy Holdings Pty. Ltd. has received approval from Canada’s National Energy Board on its application for a 25-year natural gas export license with a maximum term quantity of 807 billion cu m, plus or minus 15%. Exports would leave a proposed LNG liquefaction plant near Grassy Point, north of Prince Rupert, BC.

Near-term pipeline plans shrink, longer-term growth returns

Feb 2, 2015

Planned pipeline construction to be completed in 2015 slipped 30% from forecasts for 2014, with expected products, crude, and natural gas project completions all softer even as future planned mileage rose in all three categories and most regions.

Kerry expects to receive other agencies’ Keystone XL reports soon

Feb 2, 2015

US Sec. of State John F. Kerry said he expects to receive other federal agencies and departments’ reports soon on the proposed Keystone XL crude oil pipeline so the US Department of State can determine if it is in the national interest.

E&Y: Oil-price collapse to boost global M&A activity in 2015

Feb 2, 2015

The oil-price collapse will facilitate increased global transaction activity in 2015 as companies revise and implement new strategies, according to a quarterly report on the industry published by Ernst & Young.

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