Business news

Swedish prosecutors have said they are dropping their investigation into explosions on the Nord Stream 1 and 2 gas pipelines, reports Reuters.

The fifth Global Lifting Awareness Day – #GLAD2024 – will take place on Thursday 18 July, represented by a new logo.

Israel Natural Gas Lines Ltd. has invited bidders for the design, supply, installation and commissioning of PRMS for the Israeli natural gas transmission system.

OPITO announces appointment of Stephen Marcos Jones as new CEO.

The investment will be directed towards oil and gas exploration, refineries, petrochemicals and pipeline infrastructure.

The new report from ABB Motion shows resource scarcity is leading to increased costs, supply chain disruption, and slowdowns in production.

US pipeline operator Enterprise Products Partners said its crude oil volumes last quarter grew 15% to a record 2.6 million bpd.

Under Bluewater, Kent revenues grew from US$200 million to US$1.4 billion.

Submission deadline is 2 February 2024.

Phillips 66, said it has shut a section of a natural gas pipeline it operates in the Oklahoma Panhandle after a fire and rupture.

Larry Bell has been elected to a two year term as Chairman of the Texas Pipeline Association.

The partnership aims to target closer co-operation, with a view to drawing on each other's technical skills, market knowledge and development capabilities in future projects.

DNV are set to provide comprehensive knowledge and skills programmes from its new training facility in Abu Dhabi.

GlobalData has announced the latest Financial and Legal Adviser League Tables, which rank advisers by the total value and volume of M&A deals they advised on in the oil and gas sector.

ABB breaks ground on new US calibration hall to support growing demand for instrumentation in North America.