Daily Archives: July 13, 2016

SEA/LNG Coalition Formed to Boost LNG as Marine Fuel

Rate this article 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…

Upstream independents protest PHMSA’s proposal for gathering lines

Rate this article 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,…

Shawcor claims conditional contract for Tuxpan gas pipeline coating

Rate this article 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

Rate this article 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…

OGA awards contracts for second UK seismic campaign

Rate this article Britain’s Oil & Gas Authority has awarded contracts to PGS and WesternGeco for the second government-funded seismic campaign to promote underexplored areas of the UK continental shelf. Read Full Article Here For more great articles: Offshore RSS Feed

WoodMac: Improvements seen for viability of US tight oil

Rate this article 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 –…

BP mulls over Great Australian Bight drilling plan

Rate this article 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