Subsea
Energy Sector Could Get Reprieve from ‘Golden Cross’ Chart Signal
Energy could see its fortunes improve in the new year after its price action surfaced a technical buy signal on the charts on Wednesday. The bullish development in S&P 500 energy sector is called a “golden cross,” which is conventionally defined by technical analysts as the 50-day moving price average rising above the 200-day moving average.
Natixis Sees Deals from Gulf States Monetizing Oil Assets
Natixis expects oil-rich Gulf states to accelerate privatizations, including by extracting revenue from oil assets, with Saudi Arabia and possibly Oman as likely candidates for similar deals next year, the French bank’s regional head said.
Russia Restarts Nord Stream 2 Pipeline Construction Despite U.S. Sanctions
Russia has resumed construction of the politically-charged Nord Stream 2 gas pipeline to Germany, laying pipes after a one-year hiatus prompted by U.S. sanctions.
Nord Stream 2 Pipe-Laying Vessel Nears Project Hub
A Russian pipe-laying vessel, expected to help complete the $11 billion Nord Stream 2 pipeline, is heading towards a pipeline storage yard for the project in Germany, according to ship-tracking data.
TechnipFMC Awarded EPCI Contract for Equinor Breidablikk Pipelay and Subsea Installation
Oil and gas services frim Technip FMC has been awarded an Engineering, Procurement, Construction and Installation contract for Equinor's Breidablikk subsea pipelaying project.
Genesis Energy Oil Pipeline Unlikely to be Restored Before October
An oil pipeline owned by Genesis Energy in the U.S. Gulf of Mexico is unlikely to return to operations before October 1, the company said in a statement on Thursday.
Morrison Completes Gulf of Mexico Pipeline Installation, Reaches Milestone
Morrison, an energy services firm, has completed installation of over 60,000 feet of subsea pipeline in the U.S. Gulf of Mexico marking more than 5.5 million feet of pipe laid by the company in the region.
Storm Knocks Out U.S. Gulf of Mexico Natural Gas Pipeline
Enbridge reported on Monday that the company's natural gas pipeline which serves four offshore production platforms in the U.S. Gulf of Mexico remained out of commission after Hurricane Laura devastated the area.
TechnipFMC Awarded Subsea Contract for Petrobras Offshore Project
Petrobras has awarded TechnipFMC a large subsea infrastructure contract for the Brazilian oil company's Mero offshore project.
Gas Pipeline to China's First Major Independent LNG Terminal Complete
Work has been completed on a subsea gas pipeline connecting the country's first major privately owned terminal with a local gas grid.
Russian Vessel Able to Complete Nord Stream 2 Pipeline Departs from German Port
A Russian vessel that has the capabilities needed to complete the Nord Stream 2 pipeline has left the project's staging area in Germany where it was docked.
Denmark Gives Nord Stream 2 Nod to Restart Pipeline Work
Denmark has given approval for the Nord Stream 2 pipeline to use pipelaying vessels with anchors to complete work on the natural gas pipeline in Danish waters.
Subsea 7 Awarded Over $100 Million in North Sea, GOM Projects
Subsea 7 announced it has been awarded major contracts for work in the North Sea and in the Gulf of Mexico for subsea pipeline projects and additional infrastructure.
Michigan Judge Allows Restart of Enbridge Line 5 Pipeline
A Michigan judge ruled that Enbridge can resume pumping oil through its Line 5 pipeline, nearly a week after shutting it down because of damage to a structure that anchors a section of the line.
Nord Stream 2 Seeks Updated Permit to Complete Pipeline in Danish Waters
The Nord Stream 2 pipeline has applied for a new permit from Danish authorities in order to complete the remaining 75 miles of subsea pipeline in Danish waters.
Subsea UK Partners Team with Non-Profit to Protect Oceans
Subsea UK teamed up with one of the world’s leading non-profit ocean protection organizations to promote and support initiatives to prevent pollution of our oceans.
All-Polymer Connector Delivered to 3 Operators
Subsea pipelines polymer-lining specialist Swagelining installed its LinerBridge connector technology for the first time within pipeline bundles at one of Equinor’s developments in the Norwegian North Sea.
Sentinel Midstream, Freepoint Commodities Partner on Deepwater Oil Facility
Sentinel Midstream has announced its partnership with Freepoint Commodities (Freepoint) to construct and operate the Texas GulfLink deepwater crude oil export facility.
Saipem Wins Equatorial Guinea Pipeline Contract
Italy’s Saipem was awarded a contract in Equatorial Guinea worth $90-$100 million to build a 43 mile (70 km) subsea pipeline linking the Alen platform with the Punta Europa petrochemical hub, the oil ministry said.
Israel Gets First Gas from Leviathan; Exports to Follow
Israel's $3.6 billion offshore Leviathan field started production on Tuesday, transporting gas via a subsea pipeline connected to Israel's transmission system and on to consumers throughout the country.
Unmanned Underwater Vehicles Have Role in Pipeline Security
Dramatic developments in the technological development and commercial application of UUVs indicates they have become much more viable within the oil and gas industry since a 2007 PHMSA report said otherwise.
Allseas Installs Real-Time Pipelogger for Major Subsea Pipeline Project
Allseas installed WFS Technologies’ new Seatooth Pipelogger for the real-time measurement of process temperature on a subsea pipeline system. The pipeline system is designed to have a total gas throughput capacity of 31.5 Bcm per year.
Saipem Wins $100 Million Equatorial Guinea Pipeline Contract
Italy's Saipem has won a $100 million contract to build a 43-mile subsea pipeline in Equatorial Guinea.
Israel-Egypt Gas Pipeline Deal Closed “In Practice”
The EMED joint venture consisting of Noble Energy, Israel's Delek Drilling and Egypt's East Gas Co has all but completed its purchase of a 39% stake in the subsea EMG pipeline.
Denmark Approves Nord Stream 2 Project
The Nord Stream 2 project has been approved by Denmark, the last remaining country needed to finish the pipeline.
TechnipFMC Awarded Significant Subsea Contract for Vietnam Gas Pipeline
TechnipFMC has been awarded a significant contract by PetroVietnam Gas for the Engineering, Procurement and Construction (EPC) of the Nam Con Son 2 Phase 2 pipeline across Nam Con Son basin and Cuu Long basin in Vietnam.
Subsea 7 Awarded Shell Offshore Infrastructure Contract Near Aberdeen, UK
Subsea 7 has announced the award of a sizeable contract by Shell for the Pierce depressurization project, located approximately 160 miles offshore, east of Aberdeen.
- Texas Waha Hub Gas Prices Plunge to Record Lows, Hit Negative Territory
- Williams Seeks Emergency Certificate to Operate $1 Billion Mid-Atlantic Gas Pipeline After Court Reversal
- Texas Oil Pipelines Near Max Capacity, Threatening Future Export Limits
- Energy Transfer Subsidiary Selects KTJV for Lake Charles LNG Export Project
- FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
- Saudi Arabia Looking to Expand Pipeline to Reduce Oil Exports via Gulf
- Report: Houston Region Poised to Become a Global Clean Hydrogen Hub
- Texas Startup Endeavors Again to Build First Major U.S. Oil Refinery Since 1977
- Alaska Greenlights Enstar’s $57 Million Pipeline to Boost LNG Imports
- TC Energy Completes $1.14 Billion Sale of Portland Natural Gas Transmission System
