Company News

Fire Put Out on Tanker at Norway's Sture Oil Terminal

Police evacuated people from a major tanker port in southern Norway Friday as a precaution after a fire on an oil tanker.

LM Energy Completes First Phase of Touchdown Gathering System

Dallas-based LM Energy Holdings said it has completed Phase I of its Touchdown Crude Oil Gathering System in the Northern Delaware Basin and will begin transporting crude oil in October.

Total Seeks Buyer for Tainted Russian Piped Oil

France's Total has issued a tender to sell 1.3 million barrels of contaminated Russian Urals crude oil for loading from Rotterdam port, according to three trading sources.

Quanta Acquires Hallen Construction, 2 Specialty Contractors

Quanta Services said it has completed the acquisition of Plainview, N.Y.-based Hallen Construction, a large gas utility contractor serving key markets in the U.S. Northeast, along with two Southeast specialty contractors for $330 million in cash and stock.

Oxy May Keep Some Western Midstream Ops: Morgan Stanley

A month after acquiring Anadarko, Occidental Petroleum is targeting $10-15 billion in asset sales but might accomplish this without divesting all of Western Midstream's operations.

ROSEN

ROSEN was awarded the Pipeline Industries Guild 2019 Prestigious Technology Award for its new Pipeline DNA and Pipe Grade Determination service. The service combines internal inspection technology for identifying pipe strength with expertise in specialist materials to produce data that provides a co..

Noble Midstream Partners

Noble Midstream Par-tners announced a $200 million equity commitment from Global Infrastructure Partners Capital Solutions Fund to fund capital contributions to Dos Rios Crude Intermediate LLC, a newly formed subsidiary holding Noble Midstream’s 30% equity interest in the EPIC Crude Pipeline. Of the..

Dan Foppiano

Boston-based construction firm BOND announced the promotion of Dan Foppiano to vice president of the Civil and Utility Division of the company’s New York City office. ..

Cyberhawk

Drone-inspection technologies firm Cyberhawk signed a global teaming agreement with smart-combustion solutions firm John Zink Hamworthy Combustion (JZHC), an authority on flares, burners and emissions...

Vacuworx

Vacuworx promoted Alan Odgers to senior vice president of Strategy from vice president of Marketing and Paula Bell to director of Marketing from manager. The Tulsa, Okla.-based company also hired William Bomprezzi as director of Business Analytics, and Brandon Martin and Denise Warner as Marketing c..

Targa Resources

Targa Resources made the following management-succession changes effective March 1, 2020: Matthew J. Meloy, current president, will become chief executive officer and join the Board of Directors. Joe Bob Perkins, current CEO, will remain as a member of the management team and become executive chairm..

Klüber

Klüber Lubrication provides both mineral-based and synthetic PAO-based lubricants intended for use in equipment with general industrial spur, bevel, hypoid and planetary gears subject to both normal and heavy loads. With good scuffing resistance, these oils ..

HiP

High Pressure Equipment Company (HiP), a subsidiary of Graco, has developed the e710 supercritical CO2 extraction pump system for an environmentally friendly extraction process. The pump/drive does not require an air compressor and uses an explosion-proof motor rated for C1D1 areas. The system’s ele..

Novarc Technologies

Novarc Technologies offers the Spool Welding Robot (SWR), a collaborative welding robot that increases productivity on the shop floor and reduces costs for the pipe shop while significantly improving the weld quality. It is capable of storing and quickly rec..

WFS

WFS Technologies offers Seatooth PipeLogger, an integrated pipeline, umbilical, risers and flowlines temperature monitoring and data transfer solution. It can provide real-time monitoring for offshore and subsea assets. It has been previously used to reduce the risk and operational costs associated ..

Eddyfi Technologies

Eddyfi Technologies launched RMS PA, a corrosion mapping solution that delivers high-resolution imaging without speed compromise. The system aimed at improving data quality while reducing inspection times for non-intrusive inspections (NII) of critical assets. This high-speed remote access phased-ar..

John Deere

John Deere is offering the 850L Dozer, which incorporates an EPA Final Tier 4 John Deere PSS 9.0L diesel engine to provide a 10% increase in horsepower (hp), at 225 hp (168 kW). The dozer is equipped with the Eco mode feature, fuel consumption is reduced by ..

Scarborough Pipeline Awaits Final Investment Decision

Netherlands-based Royal Boskalis Westminster has been awarded a contract valued at $162 million (145 million euros) for seabed intervention and shore-crossing activities for the proposed Scarborough export gas pipeline in northwestern Australia.

Blue Mountain Launches Open Season for Gathering Systems

Blue Mountain Midstream announced its Wildcat subsidiaries launched an open season for new crude oil and water gathering systems and services in central Oklahoma.

US Court Vacates Dominion Atlantic Coast Pipeline Permit

A permit allowing Dominion Energy to build the Atlantic Coast natural gas pipeline from West Virginia to North Carolina has been vacated by an appeals court.

Kinder Morgan Closer to 3rd Permian Pipeline

Kinder Morgan is “moving along” with plans for a third major pipeline project from the Permian Basin – the newly named Permian Pass, which would deliver natural gas from West Texas to the Sabine area of the East Texas-Louisiana Gulf Coast, CEO Steven Kean said.

Plains All American to Remove Steel Tariff Surcharge on Cactus II

Plains All American Pipeline filed with U.S. regulators to remove a proposed surcharge on its Cactus II oil pipeline, tacked on as a result of the Trump administration’s tariff on imported steel.

Tellurian Finds Strong Demand for Permian Global Access Project

An open season for Tellurian’s Permian Global Access Pipeline (PGAP) drew strong demand from West Texas natural gas producers seeking delivery to the rapidly growing natural gas market in Southeast Louisiana.

UAE’s ADNOC Pipeline Investment Deal Reaches Nearly $5 Billion

Singapore’s sovereign wealth fund (GIC) is investing $600 million in Abu Dhabi National Oil Company’s (ADNOC) crude pipeline infrastructure, raising total outside investment in the newly formed ADNOC Oil Pipelines to $4.9 billion.

Transneft Sets Cap on Compensation for Pipeline Contamination

Russian oil pipeline monopoly Transneft said it has set a cap of $15 per barrel for compensation for damages stemming from contamination in its network.

Gazprom Signs 5-Year Natural Gas Deal with Turkmenistan

Gazprom has signed a five-year contract with Turkmengaz to purchase natural gas, the Russian gas producer sad.

NiSource Settles Mass. Gas Explosion Lawsuits for $143 Million

Utility operator NiSource agreed to pay $143 million to settle class action lawsuits related to a series of gas explosions in three suburban Boston communities last year.

Mountain Valley Developer EQT Cuts Jobs

EQT Corporation has announced that it is streamlining its business to improve operational effectiveness and create a more efficient and nimbler organization.

Court Bars PennEast from Seizing N.J. State Property for Pipeline

A U.S. appeals court on Tuesday barred PennEast Pipeline Co from using a federal law to seize properties controlled by the state of New Jersey in order to build a proposed $1 billion natural gas pipeline.

Trafigura's U.S. Crude Exports Account for Over a Quarter of U.S. Total

Commodity trader Trafigura's exports of U.S. crude now account for over a quarter of the country's total since the new Cactus II pipeline started last month, the company's co-head of oil said, making the firm the single biggest exporter.