Daily Archives: July 13, 2016

SEA/LNG Coalition Formed to Boost LNG as Marine Fuel

By NGV Global Leading marine industry players have formed a new multi-sector industry coalition, known as SEA/LNG, to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel. The main areas of focus for the coalition include supporting the development of LNG bunkering in major ports, educating stakeholders as to the risks…

Upstream independents protest PHMSA’s proposal for gathering lines

Independent oil and gas producers are asking the US Pipeline & Hazardous Materials Safety Administration to not begin regulating gathering and production lines as part of the US Department of Transportation agency’s latest proposed pipeline safety rules. PHMSA failed to comply with a congressional mandate before proposing new regulations for gathering lines, the Independent Petroleum…

Shawcor claims conditional contract for Tuxpan gas pipeline coating

Shawcor Ltd.’s pipeline coating group has received a conditional contract worth approximately C$300 million ($231 million) from Infraestructura Marina del Golfo to provide pipeline coating solutions to the Comisión Federal de Electricidad Sur de Texas – Tuxpan gas pipeline project. Read Full Article Here For more great articles: Offshore RSS Feed

IEA: High oil stocks pose threat to price stability

In its July Oil Market Report, the International Energy Agency states that the “the market is heading to balance remains on track,” but the road ahead is “far from smooth” as revealed by the recent modest fall back in oil prices. Read Full Article Here For more great articles: Oil & Gas Journal – General…

WoodMac: Improvements seen for viability of US tight oil

Global oil-market analysis from research and consultancy firm Wood Mackenzie Ltd. indicates that 70% of new drilling in US tight oil plays and pre-final investment decision (FID) conventional oil projects are commercial at Brent crude oil prices below $60/bbl. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest

BP mulls over Great Australian Bight drilling plan

The National Offshore Petroleum Safety and Environmental Management Authority has approved BP’s request for more time to revise its environment plan for exploration drilling in the Great Australian Bight. Read Full Article Here For more great articles: Offshore RSS Feed