Oil & Gas UPDATE
December 2011
TABLE OF CONTENTS
INDUSTRY ANALYSIS
OVERVIEW
New Anti-corrosion Ceramic Coating Creates Protection for Exposed Pipelines
Technip Creates New Independent Consultancy for Subsea and Offshore Engineering Services
AMERICAS
U.S.
Test Drilling off Florida Keys Causing Spill Concerns amid U.S./Cuba Diplomatic Tensions
Giant Deep-Water Drill Rig from Saipem to Dig Exploratory Wells Offshore Cuba
Hornbeck Offshore to Build Sixteen Offshore Supply Vessels for its Upstream Segment
Enbridge Partners Details $1.3 Bln Capacity Plan to Meet NGL Processing Demand
PG&E Workers Find Suspected Pipeline Leak in Palo Alto
Democrats Urge White House to Defer $7 Bln Keystone XL Decision Until Environmental-impact Review is Complete
Kinder Morgan, TransMontagne Plan $400 Mln Houston Oil Terminal Venture
EPA Proposes Significant Changes to MRR and BAMMs
Enterprise Cancels 800,000 bpd Wrangler Pipeline Plans
LaHood Promises Commitment to Progress on Pipeline Safety
Delay of $7 Bln Keystone XL Won’t Stop Other Pipeline Projects
Jersey City Protests Spectra Energy NJ-NY Pipeline Project
Nebraska Governor Signs Laws to Reroute Keystone XL Pipeline
More Pipelines Needed for Growing North American Oil Output
Maine $85 Mln Gas Pipeline Project Requires OK from 12 Cities, Towns
Ameren Pulls Out of DOE Funded FutureGen Pollution Project
Native and Conservation Groups Challenge 2nd EPA Arctic Drilling Air Permit
Leni Gas & Oil Plans more Drilling in Gulf of Mexico
Oil and Natural Gas Industries Face Slow Recovery in the Gulf after Macondo Spill
CANADA
Pembina to Expand its NGL Pipeline Transportation Capacity by 55,000 bpd
Foster Wheeler Wins Contract for WY Gas Storage Project
Kinder Morgan to Invest $210 Mln in Edmonton Terminal Expansion
BRAZIL
Technip JV Wins $1 Bln Petrobras Subsea Contract
Chevron Delays Wells as Brazil Probes Offshore Spill
Rolls-Royce Wins $651 Mln Petrobras Contracts for Gas Turbine-based Power Packages
TRINIDAD & TOBAGO
Advanced Subsea Technology Boosts Production at Perdido
ASIA
AUSTRALIA
ShawCor Scores Second Coating Contract for Wheatstone Project with Combined Value over $170 Mln
FMC Technologies Awarded $325 Mln Chevron Subsea Systems Contract for Wheatstone Project
BANGLADESH / INDIA / MYANMAR
Bangladesh, India and Myanmar Tri-Nation Gas Pipeline Project Set to Be Revived at Higher than Original $1 Bln Cost
INDIA
ONGC Awards McDermott EPCI Contract Offshore India
INDONESIA
Niko Resources Signs Indonesia Multi Year Deepwater Rig Contract in Excess of $700 Mln
Indonesia Signs 11 Oil and Gas Contracts
PHILIPPINES
Galoc Field Located Offshore Palawan Philippines Shut for FPSO Upgrade
SINGAPORE
Megafloat Oil Storage at Possible Cost $180 Mln in the Works for Land-scarce Singapore
EUROPE / AFRICA / MIDDLE EAST
EUROPE
Jacobs Wins Contract to Support Shell's European Storage & Handling Program
Jacobs Receives Gas Infrastructure Contract from Electricite de France
Northwest Europe Gas Infrastructure Projects Focus on French, Belgian and Dutch Markets
GREENLAND
Cairn Energy’s $1 Bln Oil Search Offshore Greenland Fails
NORTH SEA
Scana to Provide High Pressure Production Risers for North Sea Development Project
NORWAY
Technip Awarded Two Year Extension of Frame Contract for Pipeline Repair Services
Nexans Awarded Subsea Contract for Statoil's Åsgard Field in Norwegian Sea
Oceaneering Int’l Norwegian Subsidiary to Pay $240 Mln for Subsea Business
Samsung Awards Contract to Technip in Norwegian Sector of North Sea
SERBIA
Serbia 450 Million cu m Storage Facility Is First South Stream Installation to Be Launched
Turkey, Azerbaijan Begin Work on New $5 Bln to $6 Bln Trans-Anadolu Gas Pipeline
UNITED KINGDOM
Aker Solutions Wins $12.59 Mln North Sea Contract from Dana Petroleum
Subsea UK and the Energy Institute Publish New Subsea Standards for Reliability and Obsolescence
Ferrybridge Power Station, Home to UK’s First Carbon Capture Plant Opens
ANGOLA
Wood Group JV Announces New BP Contract prior to Angola JV Launch
KENYA / TANZANIA
Kenya, Tanzania to Build Natural Gas Pipeline
NIGERIA
Foreign Contractors Scramble for JV Partners to Target Oil and Gas Contracts in Nigeria
Nigeria to Spend $2 Bln on Vandalized Pipelines
SOUTH AFRICA
Sunrise Energy to Build Emergency LPG Import Facility in South Africa’s Western Cape
RUSSIA
Main Building Phase of Russian Penza Underground Storage Facility Begins
IRAQ
Honeywell Awarded $360 Mln Worth of Contracts in Iraq
Exxon's Kurdish Exploration Deal Major to Speed up Changes in Iraq’s Energy Industry
OMAN
Oman’s PDO Awards 5-Year Seismic Project to BGP
QATAR
Bredero Shaw Wins Hyundai Heavy Barzan $45 Mln Pipe Coating Contract