Business news

TransCanada is set to issue its third quarter 2016 results on 2 November.

Fires have destroyed millions of dollars of pipeline construction equipment that was being used for the Dakota Access pipeline project.

Huntingdon Fusion Techniques develops a fast purging system for heat treated pipework.

SKF and GE Oil & Gas have recently signed a collaboration agreement to develop the use of active magnetic bearing applications within the oil and gas industry.

Shell Midstream Partners has announced its 3Q16 cash distribution for partner units.

Gazprom has approved an adjusted investment, budget and cost reduction programme for 2016.

Laurini Officine Meccaniche demonstrates how institutions and enterprises can work together to improve the area and promote cultural initiatives.

A working meeting has been held between Alexey Miller and the Ambassador Extraordinary and Plenipotentiary of the Hungarian Republic to the Russian Federation at Gazprom’s headquarters.

McDermott has announced the date that it will share its financial results and conference call.

Exova has been awarded the 2017 Distinguished Organisation Award by NACE.

As part of a contract for engineering, procurement, construction, installation and commissioning of a subsea pipeline, InterMoor has been awarded single point mooring installation work.

Russia and India have been studying the construction of a gas pipeline that will transport natural gas. Representatives of Gazprom and Engineers India signed a memorandum of understanding regarding the topic.

IEnova’s Mexican underwriters and initial purchasers of the global offering of shares of common stock have exercised their over-allotment options to acquire 35 067 736 additional shares.

Turkmenistan has borrowed US$700 million to help finance the pipeline project and plans are in place for investor roadshows due in November.

Militant group, Niger Delta Greenland Justice Mandate, has attacked another pipeline in Niger Detla. The pipeline in question is a crude pipeline operated by NNPC.