Projects

Statoil has proposed building a subsea pipeline twice as large as needed to take gas from Norway’s giant new Johan Sverdrup oil and gas field to accommodate future finds that could be tied into the new line, gas system operator Gassco said.

Rigs at risk from drifting icebergs can expect an early warning following research by the Memorial University of Newfoundland. The Autonomous Ocean Systems Laboratory (AOSL) at the university is part of a long-term study modeling the behavior of icebergs that includes acquiring real-world data that will increase the accuracy of predicting the rate and direction of their drift.

The Middle East will be a key market for oilfield services companies for decades to come as countries across the region seek to maximize recovery from maturing assets and bring new fields into production, reports energy specialist corporate advisory firm Simmons & Company International Ltd.

New incentives offered as part of Pakistan’s latest policies for petroleum resource production seem to be proving an attractive prospect for potential investors. However, an equally effective shale gas policy appears more unlikely, according to research and consulting firm GlobalData.

GLENDIVE, Mont. (AP) — Workers recovered about 10,000 gallons of oil from a ruptured pipeline that spilled crude into Yellowstone River and contaminated the drinking water supply of an eastern Montana city downstream.

OPEC will stand by its decision not to cut output even if oil prices fall as low as $40 a barrel and will wait at least three months before considering an emergency meeting, said the United Arab Emirates’ energy minister on Dec. 15, according to Bloomberg.

Matrix Service Company’s subsidiary, Matrix Service Inc., has been awarded an engineering, procurement and construction contract by North Dakota Pipeline Company (NDP), a subsidiary of Enbridge Energy Partners.

Freeport LNG Expansion received final approvals for its proposed natural gas liquefaction and LNG export facility on Quintana Island, near Freeport, TX.

ALBANY, N.Y. (AP) — The State Department of Environmental Conservation is accepting public comments on applications and draft permits to reconstruct portions of the federally regulated Algonquin Pipeline.

Velocity Central Oklahoma Pipeline LLC, a wholly owned subsidiary of Velocity Midstream Partners, will construct a crude oil gathering and transportation system in the fairway of the prolific SCOOP play in central Oklahoma. Continental Resources, an Oklahoma City-based exploration and production company, will be its customer.

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