Business news - 28 July 2016

Laurini Officine Meccaniche at the IPLOCA 50th Anniversary Convention in Paris.

The European Bank for Reconstruction and Development is looking to support the development of the Trans Adriatic Pipeline.

Most of the remaining federal permits required to complete the construction of the 1172 mile Dakota Access pipeline have been approved by the US Army Corps of Engineers.

Incremental production is estimated at around 2000 boe/d in H2 2016 on average and it is expected to further increase in 2017.

Shell Midstream Partners, L.P. recently announced that it has agreed to acquire a 2.62% equity interest in Explorer Pipeline Company.

SapuraKencana Petroleum Berhad has secured a RM510 million contract for the Trans Anatolian Natural Gas Pipeline.

Under the contract Bibby will provide air diving, and ROV inspection and construction services across five of its North Sea assets.

The fishing boat, Majestic, almost sank atop of BP’s Orka Voe gas pipeline after its engine room flooded.