Business news

Phil Mezey appointed as Non-Executive Chairman; Brian Freed named Chief Executive Officer.

The grant agreement with the Government of Uganda will finance micro, small and medium enterprises to boost business linkages on the East African Crude Oil Pipeline Technical Assistance project.

The field was developed utilising the company’s existing infrastructure offshore Egypt, including a 50 km umbilical.

The programme of practical support and workshops aims to help underwater engineering companies secure funding for research and development and innovation.

The standard was awarded based on the company’s commitment to developing effective controls and procedures for a safe working environment at its Gateshead engineering and R&D facilities.

The goals and targets related to greenhouse gas emissions reduction and diversity and inclusion, as well as increasing transparency and accountability.

No restrictions for online networking: TOGC will take place at the BGS online platform.

The results contribute to ET’s expectation of having full-year results at the high end of its 2020 outlook.

The event is to be postponed to 25 - 27 May 2021 due to the current coronavirus-imposed restrictions.

According to Technavio’s latest report, the oil and gas pipeline market size is poised to grow by US$15.35 billion during 2020 - 2024, progressing at a CAGR of almost 3% during the forecast period.

CorrosionRADAR, which has offices in Cranfield and Cambridge (UK), secured the investment from the MEIF Proof of Concept & Early Stage Fund.

The award is with Oil Patch Group maintaining sections of the right of way in Montana, South Dakota and Nebraska.

The acquisition will enable Dresser NGS to provide over-pressure protection for its natural gas customers.

The open season for its FERC regulated, crude oil pipeline located in Andrews, Ector, Martin and Midland Counties, Texas.

EQT will acquire Chevron's upstream and midstream assets located in the Appalachian Basin for US$735 million, subject to customary adjustments at closing.