Pipelines News

 

Snam Buys Stake in Algerian Gas Pipelines from Eni

Nov 29, 2021

Italy's Snam has agreed to buy a stake in pipelines carrying Algerian gas into Italy in a move that could pave the way for hydrogen imports from Africa into Europe.Europe's biggest gas infrastructure group said on Saturday it would pay energy company Eni 385 million euros ($436 million) for a 49…

Greece Teams up with Egypt on Gas Supply, Infrastructure

Nov 25, 2021

Greece and Egypt agreed on Thursday to expand their cooperation in the supply of liquefied natural gas (LNG) and examine the possibility of constructing a subsea gas pipeline between the two countries, the Greek energy ministry said.Greece, which mainly imports gas from Algeria…

Nord Stream 2 Pipeline Suspension Could be Short-lived

Nov 22, 2021

The suspension of the approval process for the Russian Nord Stream 2 pipeline by a German regulator could be short-lived as Europe is hungry for more gas, an analyst said on Monday after meeting officials of Russian state gas giant Gazprom.Last week…

Petrobras Taps Saipem for $940M Búzios 7 SURF EPCI

Nov 22, 2021

Brazilian oil company Petrobras has awarded Italy's Saipem a new contract worth $940 million for the delivery of subsea umbilicals, risers, and flowlines (SURF) for the installation of a rigid riser-based subsea system for a project offshore Brazil…

Legal Background Behind New Nord Stream 2 License Demand

Nov 19, 2021

Germany's energy regulator has temporarily halted the certification process for the Nord Stream 2 gas pipeline, requiring the Swiss-based, Gazprom-led consortium behind the infrastructure to form a German subsidiary to secure a licence.Following…

Vallourec to Relocate Oil & Gas Ops to Brazil, Dispose of German Assets

Nov 18, 2021

French steel pipemaker Vallourec narrowed on Wednesday its full-year EBITDA guidance and said it plans to launch the disposal process for its German assets as well as relocate its oil & gas activities to Brazil.'Our German operations continue to underperform…

Report: Germany's Nord Stream 2 Move May Delay Start-up to March

Nov 17, 2021

A German regulator's decision to suspend licensing of the Nord Stream 2 pipeline could delay commissioning of the infrastructure to March 2022, government sources told Reuters.'I expect that the start of Nord Stream 2 could be delayed until March 2022…

Germany Suspends Nord Stream 2 Certification, Sets Demands

Nov 16, 2021

Germany's energy regulator said on Tuesday it had suspended the certification process for the Nord Stream 2 pipeline to pump Russian gas and said the Swiss-based consortium needed to form a company under German law to secure an operating licence…

Saipem Nets $600M+ Worth of Offshore Installation Deals in Australia, Turkey

Nov 15, 2021

Saipem, an Italian energy industry construction and installation services provider, has secured two new offshore contracts in Australia and Turkey totaling more than $600 million for transportation and installation activities.In Australia, Chevron…

Neptune Energy to Sell Non-core Offshore Assets in Norway for $35M

Nov 12, 2021

Oil and gas company Neptune Energy said Friday it had agreed to sell its non-operated interests in three producing fields andtwo export pipelines on the Norwegian Continental Shelf to OKEA ASA and M Vest Energy AS.The assets Neptune is divesting include the producing Draugen…

U.S. Republicans in Push to Sanction Nord Stream 2 Gas Pipeline

Nov 09, 2021

A group of U.S. Senate Republicans said on Monday they had introduced legislation that would impose mandatory sanctions on Nord Stream 2, a Russian-backed natural gas pipeline that opponents believe would be harmful to U.S. allies in Europe…

Uniper CFO: Nord Stream 2 Completion Not Cure-all for Gas Market Woes

Nov 08, 2021

The completion of the controversial Nord Stream 2 gas pipeline to bring more Russian gas into Germany under the Baltic Sea would go some way to relieving the tight gas market this winter, but there were other factors at play, the chief finance officer of utility Uniper said…

Gazprom Declines to Book More Gas Transit to Europe. Nord Stream 2 Awaiting Approval

Nov 02, 2021

Russia's Gazprom declined to book extra capacity to ship more gas to Europe at auctions on Tuesday, a step that would have helped ease prices in a market haunted by worries about Moscow's intentions.The Kremlin said Russia remains committed…

'Short Delay' for Serica Energy's North Sea Field Start-up

Oct 29, 2021

Serica Energy's Columbus field in the UK North Sea will see its first production start-up delayed due to restricted capacity at Shell's Shearwater platform.The Columbus field development plan, approved in 2018, envisions the reservoir will be…

TechnipFMC, Saipem in SURF Alliance

Oct 28, 2021

Oilfield services companies TechnipFMC and Saipem have entered into a commercial agreement to jointly pursue specific Subsea Umbilicals, Risers and Flowlines (SURF) projects.The companies said they target SURF project where the combination of the companies’ complementary 'world-class assets…

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