Oil & Gas UPDATE

 

September 2011

 

 

TABLE OF CONTENTS

 

INDUSTRY ANALYSIS

OVERVIEW

Douglas-Westwood Predicts Subsea Vessel Demand to Grow $72 Bln or 52 Percent by 2015

SECC Unveils Next Generation Emergency Disconnect Solution for Subsea Market

University of Saskatchewan Researchers Develops New Tools for Carbon Storage

 

AMERICAS

U.S.

Sec. Clinton Confirms U.S. Will Decide on Keystone Pipeline by Year-End

Shell Considers Houma-To-Houston Pipeline Reversal to Provide Additional Distribution to U.S. GOM Refining Complex

NuStar, EOG Resources to Build Rail Offloading Facility in LA

Infrastructure Developments Expands CNG Business into Virginia

Federal Regulators Say $200 Mln Budgeted to Begin Environmental Review for Lower 48 LNG Pipeline

TransCanada Launches Open Season for Keystone Houston Lateral

TransCanada Launches Open Season for Cushing Marketlink Project

Leases Going Up for Pipelines on Public Lands in New Jersey

Under New Safety Guidelines PG&E Reduces Pressure on Pipeline after 'Anomalies' Found

Parnon Gathering to Build 18,000 bpd Oil Pipeline in Oklahoma

Vitol, Blueknight Energy to Build Oil Terminal in Midland, Texas

Babcock & Wilcox New Greenhouse Gas Tech to Get Test that Removes CO2 from Coal-fired Power Plant Emissions

Southern Union to Build $235 Mln Permian Basin Plant

Pipeline Regulatory Reforms Urged at CA State Hearing

SemGroup Spin-Off Rose Rock Resources to Own Cushing Storage Facility

EnerMech Gets Turnkey Shutdown Contract for Perenco A-1 Bacton Plant

Insituform Gets $5 Mln in Gulf Pipeline Contracts

Macro Sensors Becomes Approved LVDT Supplier for GE Gas Turbines

U.S. DOE Starts Construction of Illinois ICCS Facility

U.S. State Department to Allow Controversial $7 Bln TransCanada Keystone XL Pipeline

Southern California Gas, Oberon to Build DME Demo Plant

Energy Capital Partners Reportedly Wants to Sell $2.3 Bln Illinois Coal-to-Gas Project

FERC Clears Williams Partners $217 Mln Transco Expansion

TVA Buys $436 Mln MS Magnolia Combined Cycle Gas Plant

Nebraska Governor Asks Feds to Deny TransCanada’s Keystone Pipeline Expansion Permit

Exxon Gets Replacement Pipeline Permit for the Yellowstone River

SE Texas County Lends Support to TransCanada Pipeline

NTSB Says More Than Half U.S. Natural Gas Pipelines Haven't Been Inspected Inside

Southwest Research Institute Wins another CO2 Compression Research Award for $9.9 Mln from DOE

West Hawk Energy Fined $940,000 for Abandoned Wells in Colorado

CANADA

Schilling Robotics and Gregg Marine Declare a New Subsea Drill Field Testing Successful

Enterprise, Energy Transfer Partners Terminate Cushing-Houston Pipeline JV

Scheduled Public EPA Hearings on Oil, Gas Emissions Rules in September

BRAZIL

National Oilwell Strikes $1.5 Bln Drillship Supply Deal with Brazilian Firm Estaleiro Atlantico Sul

DOF Subsea, Technip JV Wins Second Flexible Pipelay Contract from Petrobras

Petrobras Awards Excelerate Energy with Charter for World's Largest FSRU

 

ASIA

AUSTRALIA

Caltex Australia to Triple Bitumen Storage Capacity in NSW

CHINA

Changfeng Unveils New Gas Pipeline Project in Mainland China

GE, China Huadian Create $100 Mln Aeroderivative Gas Turbines and Services Joint Venture

INDIA

India’s Reliance Industries Completes $7.2 Bln BP Deal

JAPAN

Tokyo Anticipates Building Natural Gas Power Plant

GE Energy Delivers Eleven Gas Turbine Power Generators to Japan

MALAYSIA

Aker Solutions Wins Murphy Oil’s Malaysia Kikeh Expansion Project

THAILAND

Ezra Holdings’s EMAS Wins Chevron Thailand Offshore Contract, Raises Orders to $600 Mln

SOUTH ASIA

Singapore’s Kreuz Holdings Gets $35 Mln South Asia Subsea Deal

VIETNAM

Intermoor Completes Vietnam Offshore Moorings Project

 

EUROPE / AFRICA / MIDDLE EAST

GERMANY

German Utility E.ON Plans to Break up Ruhrgas Unit, Sell Gas Grid Assets

ITALY

Apennine Energy Awarded Rapagnano Concession in Central Italy

NORWAY

Statoil to Invest $2.7 Bln in Aasgard Compression System

Statoil Confirms Major Oil Discovery in two Norwegian North Sea Fields

KBR Wins pre-FEED Contract with BP for Norwegian North Sea

Foster Wheeler to Design Karsto Plant Modifications

Norway Studies Development of Far North Gas Trunkline in Barents Sea

New University of Oslo Subsea Cooling System Raises Efficiency of Oil and Gas Processing

SPAIN

Total Sells its 48.83 Percent Interest in Spain’s CEPSA

UNITED KINGDOM

EnerMech is Awarded UK Perenco Bacton Plant Shutdown Project

Maersk Contracts TWMA to Recycle Gryphon Subsea Facilities

E.ON Ruhrgas UK Awards North Sea Contract to Offshore Design Engineering

Hyundai Heavy Contracts KBR for $4.8 Bln Engineering Design on BP's Quad 204 FPSO West of Shetland

Paradigm Develops System to Unblock Subsea Pipelines with Pressure Pulses

ALGERIA

JGC Awarded $400 Mln EPC Contract for Bir Seba Field in Algeria

GHANA

Ghana Secures $800 Mln Chinese Loan for Development of Gas Infrastructure

KENYA

Dominion Petroleum Awarded Deepwater Block L15 Offshore Kenya

NAMIBIA

Global Petroleum Acquires Jupiter Petroleum

KAZAKHSTAN

Tethys Petroleum Announces Opening of Kazakhstan Oil Production Facilities

KAZAKHSTAN / RUSSIA

Fluor Is Awarded Caspian 1,510 klm Pipeline Expansion Contract

IRAN

Blast and Massive Fire at Iranian 4,000 bpd Pipeline

IRAQ

Heritage Oil Commences Drilling of Miran West-3 Well in the Kurdistan Region of Iraq

LUKOIL Awards Iraq Contract to Baker Hughes

Saipem to Build $471.7 Mln Basra Crude Export Facility and Sub Sea Pipeline

UNITED ARAB EMIRATES

Multi-billion Dollar Chemicals Industrial City Planned for Abu Dhabi