Business news

McDermott receives a letter of award for an EPCI contract for an offshore redevelopment project in the Middle East.

Innovations designed to increase cost efficiency, safety and ease of operation.

The CEPA Foundation has honoured Michels Canada’s pipeline safety successes.

Engie and others express interest in buying a majority stake in a gas pipeline network in Brazil.

Ineos has completed its acquisition of the Forties pipeline system in the North Sea from BP.

Energy Transfer has revealed the closing of the previously announced sale of a 49.9% interest in ET Rover Pipeline LLC.

The "Compressed Natural Gas Market by Source - Global Opportunity Analysis and Industry Forecast, 2017-2023" report is published by Research and Markets.

UK gasket manufacturer J. A. Harrison opens a £2.8 million high tech facility to create the shortest lead times for the energy sector.

WorleyParsons has announced the completion of the acquisition of AFW Oil and Gas UK Limited.

Laredo Petroleum has closed the sale of interest in the Medallion pipeline.

American Midstream acquires an additional 17% interest in the Destin pipeline. The company expects strong returns from the pipeline, driven by continued development in the deepwater Gulf of Mexico.

Iraq's Kurds resume pumping oil by pipeline to Turkish port.

Heerema Marine Contractors (HMC) announces the intention to implement a restructuring of the company.

Kinder Morgan is currently awaiting the National Energy Board’s determination for the Trans Mountain pipeline expansion project.

Valero Energy Partners LP has announced the acquisitions of the Port Arthur terminal assets and Parkway Pipeline LLC for US$508 million.