Business news - 02 March 2017

The Nigerian government hopes to attract over US$10 billion of new investment in the oil and gas industry over the next five years.

Venture Global Plaquemines LNG has filed a formal application with FERC for the construction and operation of the Plaquemines LNG export terminal and Gator Express pipeline system.

Following discussions between Pakistan’s Prime Minister and Turkmenistan’s President, work on the TAPI gas pipeline project is expected to continue in Pakistan.

Russian energy giant, Gazprom, is currently pursuing a number of major oil and gas investment projects, such as the TurkStream pipeline, Power of Siberia trunk line and predevelopment of the Chayandinskoye field.

Vermeer Corporation has recently announced the addition of its Silver Series drill rod to the company’s line of HDD tools and accessories.

Dubai Supply Authority has recently selected EnergySys to manage its gas pipeline operations data.

Chinook Energy has recently clarified the Alberta Energy Regulator pipeline performance report.