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As LNG Canada shipped its first LNG cargo from the newly completed facility in Kitimat, on the northwest coast of British Columbia, activity is ramping up on the East Coast especially offshore naturalgas. The accompanying pipeline, called Coastal GasLink, is a partnership owned by affiliates…
(KMI) delivered a strong second-quarter performance, reporting a 24% increase in net profit as naturalgas demand continues to drive growth across its pipeline and infrastructure business. billion, a 6% net increase, with new developments exceeding completed ones by nearly 2-to-1 in dollar terms. The company posted $4.04
s Westcoast naturalgaspipeline system for CA$715 million (US$511 million) — a landmark deal that represents the first transaction backed by Canada’s new federal Indigenous loan guarantee program. The deal marks Enbridge’s fourth equity partnership with Indigenous groups, and its first involving a naturalgaspipeline.
has completed the first berthing and discharge operation at the Dabhol LNG terminal. has completed the first berthing and discharge operation at the Dabhol LNG terminal. The company welcomed the vessel GAIL Bhuwan at the facility following the completion of the breakwater project, GAIL said in a media release. MMTPA to 6.3
oil and gas drilling activity saw a notable rebound this past week, driven primarily by a surge in naturalgas rigs. According to the latest Baker Hughes Rig Count, the total number of active rigs rose by seven—the largest weekly gain since December—reflecting growing optimism in the gas sector as prices climb.
In naturalgas processing, the purity of the gas stream isn’t just a preference — it’s a fundamental requirement. Before naturalgas can embark on its journey through pipelines and into homes and industries, it must be meticulously stripped of impurities, particularly liquids and solids.
Image by McFranki via iStock In a statement posted on its site recently, the Texas Railroad Commission (RRC) revealed its latest preliminary crude oil and naturalgas production figures. The RRC noted in the statement that crude oil and naturalgas production for March came from 157,192 oil wells and 83,898 gas wells.
stake in Waga Energy SA (EPA: WAGA), a French leader in renewable naturalgas (RNG) production, in a transaction that values the company at approximately €534 million (US$611 million). This innovative system upgrades methane emitted from landfills into pipeline-quality biomethane, which can be injected directly into the gas grid.
ArcLight Capital Partners has finalized the acquisition of a 25% equity interest in the NaturalGasPipeline Company of America (NGPL) from Brookfield Infrastructure, bringing ArcLight’s total ownership in the system to 62.5%. states, NGPL is one of the nation's largest naturalgas transportation systems.
shale production and pipeline assets in a deal valued at approximately US $8 billion. Haynesville Oil & Gas Operator Account Directory – $10 Buy Now Includes: Account Name, Location, Phone, Website, Wells Drilled…. Uncertainty & Official Stance No transaction is finalized —any deal’s completion remains uncertain.
Whitecap Resources and Veren have completed a CA$15 billion (US$10.43 The merger creates a new heavyweight in Canadian energy, ranking as the seventh-largest oil and gas producer and the fifth-largest naturalgas producer in the country by output. billion) all-share merger, officially announced on May 12, 2025.
In the dynamic and demanding world of naturalgas processing, the pursuit of efficiency is relentless. In the practical world of gas processing, however, it is a workhorse—a reliable and efficient method for chilling a gas stream simply by reducing its pressure.
The dashboards are very easy to use and it’s the most complete database for our U.S. Collectively, these organizations represent: 60% of North American crude oil production 56% of naturalgas production $12.1 operating companies.
Midstream Logistics Pipeline Construction & Maintenance : Pipe transport, ROW access, material yards. Crude & Gas Transport : Railcars, barges, tanker trucks, and pipeline scheduling. Remote Site Access : Challenges with unpaved roads, weather, and lead times.
Refracs & EOR Gaining Traction Operators are increasingly revisiting older wells with modern completions. Companies like Devon and ConocoPhillips are testing refracs, while CO₂ and gas injection pilots show future potential for Enhanced Oil Recovery. Infrastructure Limits NaturalGas Growth With naturalgas production nearing 3.2
on Wednesday reported $615 million in adjusted net income attributable to common shares for the second quarter, up 13 percent from the same three-month period last year thanks to higher volumes of transported naturalgas and refined oil products. Kinder Morgan’s naturalgaspipelines carried 44.59
For pipelines, Kongsberg Ferrotech has developed a set of robotic solutions called Nautilus to reduce inspection and repair time to just days. “With about 160,000-kilometer subsea pipelines around the world, unmitigated leaks are causing environmental spills on a daily basis.
Image by pavalena via iStock Vietnam Oil and Gas Group (Petrovietnam) and its joint venture partners have signed a product sharing contract (PSC) for Block 15-1 on the southern continental shelf of Vietnam. percent, Korea National Oil Corporation (KNOC) holds 11.4 percent, SK Group holds 7.2 percent, and Geopetrol holds 2.6
Naturalgas isn’t going away overnight. Coastal GasLink, the connecting pipeline, also employed over 25,000 people. Fluor Corporation: Building Canada’s LNG Flagship Fact: Fluor and JGC built LNG Canada, achieving a 95% completion rate by 2024, and pioneering modular construction.
The gas is likely to reach Europe via the Trans Adriatic Pipeline, according to two people familiar with the matter, who asked not to be named because the information is private. The region increasingly depends on global flows after losing most of its Russian pipelinegas in 2022. conference in London Tuesday.
First Nations Stake Acquisition Earlier in the month, Stonlasec8 Indigenous Alliance Limited, representing 38 Indigenous communities in British Columbia, completed a CAD 715 million ($512.75 percent ownership interest in Enbridge’s Westcoast naturalgaspipeline system. billion cubic feet of naturalgas per day.
“Wood’s scope includes the delivery of substantial upgrades and debottlenecking solutions to the existing Habshan and Habshan 5 gas processing mega-complexes and pipelines, including brownfield modifications and the installation of new facilities”, the contractor said in a press release. Completion is expected 2027.
Image by Cylonphoto via iStock The European Commission has proposed legislation to stop the importation of naturalgas, oil and oil products from Russia into the European Union by 2027, betting on global liquefied naturalgas (LNG) and increased regional infrastructure interconnectivity. million tonnes for Slovakia and 6.2
At the very heart of this progress lies a critical, often overlooked process: fuel gas conditioning. It is the essential step that ensures the naturalgas powering everything from massive power generation turbines to critical industrial engines is clean, dry, and delivered at the precise specifications required for optimal performance.
This trend reflects a cautious industry response to sustained price volatility, investor pressure, and a strategic pivot toward naturalgas. Strategic Shift Toward Gas: Naturalgas rigs are up 7 YoY , showing resilience. Producers may be pivoting to gas due to: Stronger gas prices.
Hal Mead , Asset Manager: Project completed on time, under budget, with no injuries. Mark Woodward , Reservoir Engineer: Enhanced economics justify initial investment.
As temperatures dropped, oil field equipment froze, wells were shut in, and the naturalgas needed to generate electricity crashed as the demand for power sky rocketed. At first pass, this event seems like it would constitute a force majeure event, and few naturalgas purchasers and suppliers have argued otherwise.
If not utilized on site, captured CO 2 can be compressed and transported via pipeline, ship, rail, or truck, and then repurposed for various applications or injected into deep geological formations (such as saline formations or depleted oil and gas fields) for permanent storage. Assuming onshore pipeline capacities ranging between 0.5
said it has been awarded a contract by ExxonMobil to deliver a complete flowline decommissioning package for the Hoover Diana development in the Gulf of America. The project scope includes flushing, pigging, and filling subsea pipelines to safely remove hydrocarbons and prepare them for decommissioning.
First Nations Stake Acquisition Earlier in the month, Stonlasec8 Indigenous Alliance Limited, representing 38 Indigenous communities in British Columbia, completed a CAD 715 million ($512.75 percent ownership interest in Enbridge’s Westcoast naturalgaspipeline system, the first to be competed under the program.
Image by Jorge Elizaquibel via iStock Emerald Storage Holdings LLC, the parent company of Enstor Gas LLC and Mississippi Hub LLC, has received a Notice to Proceed with Construction from the Federal Energy Regulatory Commission (FERC) for the Mississippi Hub Expansion project.
via iStock McDermott said it has been awarded a “sizeable” offshore transportation and installation contract by Brazilian oil and gas firm BRAVA Energia for the Papa-Terra field in the Campos Basin and the Atlanta field in Block BS-4 within the Santos Basin, both offshore Brazil.
(NYSE: LBRT) delivered a strong second quarter performance in 2025, highlighting its ability to outperform in a softening completions market while pushing forward with game-changing technology and infrastructure initiatives. Oil & Gas Operator Account List Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.
These gas sales alternatives would not require any CAPEX contribution from Zephyr, but could provide for rapid deployment of a near-term gas sales solution – albeit for a portion of gas produced with the remainder ultimately sold via pipeline. on 29 July 2025). (the
“While large up-front, out-of-pocket expenditures over multiple years are required to bring online new oil sands projects, once completed, projects enjoy relatively low breakeven prices,” the firm said. million barrels per day (bpd) for the year, 5 percent higher than last year.
Phillips 66 has officially registered the Condor Compressor Station in Martin County, Texas, marking another strategic step in its buildout of naturalgas infrastructure tied to the Dos Picos midstream complex. This includes the potential addition of a second plant, boosting total capacity by another 220 MMcf/d.
Associated gas production in the Bakken Shale continues to increase and, with more NGL pipeline capacity coming online and a new option on the horizon, there’s a gunfight brewing between two of the U.S.’s s largest midstreamers. As we discuss in today’s RBN blog, Kinder is the first to challenge ONEOK in this space.
This can include drafting plans for equipment layout, pipeline systems, and other components of oil and gas facilities. Drafting and Design: Technicians often use computer-aided design (CAD) software to create technical drawings and schematics.
An Independent Expert Report completed by Cawley Gillespie & Associates in June 2024 estimates the primary target to contain a 2C Contingent Resource of 282 million barrels of ANS Crude (oil, condensate & NGLs) and 804 billion ft3 of naturalgas.
The company is about to complete a transformative “Drop Down” transaction with parent company Diamondback Energy (FANG) that promises to significantly reshape Viper’s production profile in 2025. It was finally signed in January 2025 and will complete in Q2 2025. Weak naturalgas prices ($2.08/Mcf
NaturalGas $3.52 -0.17% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Drones Hit Oil Fields in Northern Iraq in Spree of Attacks by Bloomberg | Khalid Al-Ansary & Rakteem Katakey | Wednesday, July 16, 2025 | 5:13 AM EST No one has claimed responsibility for the latest spree. Gulf Keystone Petroleum Ltd.,
Perenco recently announced the completion of the tests at the depleted Leman naturalgas reservoir in the Southern North Sea using Petrodec’s ERDA rig, the first rig in the UK to have achieved an approved safety case for supporting CCS operations.
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