Business news

STATS (UK) Ltd posts record trading results in 2023.

Proserv has successfully completed a sponsor-backed management buyout (MBO).

The infrastructure, which is expected to start commercial operations by 2032, is meant to transport newly produced and imported hydrogen, says Reuters.

The Canadian government prepares for the eventual sale of the pipeline company.

Report reflects new and expanded disclosures regarding methane emissions, evaluation of greenhouse gas reduction opportunities, and diversity initiatives.

The company will provide integrated inspection engineering, maintenance, and emergency services for the GreenStream pipeline.

Plastometrex announces that Audubon has employed its non-destructive pipeline material verification system that delivers reliable, immediate data to support integrity management and regulatory compliance.

But market drivers may change this scenario as Middle East NOCs look to diversify and energy security issues in China could prompt action from Asian NOCs.

ROSEN announces its accreditation by the ANAB as the world’s first globally recognised entity in Pipeline Integrity Certification, offering specialised certifications which pave the way to achieving the prestigious PIE status.

It will operate more than 5000 miles of crude oil and water gathering pipelines with crude oil storage capacity exceeding 11 million barrels says Reuters.

The deal expands the Permian Basin pipeline and processing network, providing further access to growing supplies of natural gas and NGLs.

The ADCC pipeline entered commercial service on July 1, 2024, and is capable of providing approximately 1.7 billion cubic feet per day of natural gas.

ADNOC Gas are set to transfer ownership of US$2.4 billion UAE gas pipeline expansion project to ADNOC.

The Association for Materials Protection and Performance (AMPP) announces a new Chair.

Hedge funds Nut Tree Capital Management and Caspian Capital said they have made an offer for Martin Midstream Partners, aiming to scuttle a bid from the largest shareholder to buy it out says Reuters.