Business news

Services introduced to meet rising demand for maintenance on existing assets.

Work on a pipeline carrying oil from northern Iraq to Turkey should be complete within days.

Turkmenistan, Afghanistan, Pakistan and India have signed an initial investment agreement for the TAPI natural gas pipeline project.

The Trans Adriatic Pipeline AG has awarded the contracts for the engineering, procurement and construction of approximately 760km of cross-country onshore pipeline in Greece and Albania.

SacOil and CPP have entered into an agreement, which will allow for a fast and effective construction of the natural gas pipeline from Mozambique to South Africa.

The European Commission agrees that the TAP pipeline is in line with EU state aid rules.

SECURE Energy Services Inc. announces an increase to its bought deal financing to CAN$130.1 million.

Harris CapRock Communications has launched SafePass™ Pro, an advanced cyber security solution for proactive defense against cyberattacks targeting oil and gas IT infrastructures.

McDermott International has been awarded a contract for the EPC, transportation and installation of offshore pipelines.

Petrofac has launched a new online training course, approved by the Department of Energy and Climate Change (DECC), to address oil spill preparedness.

Baker Botts LLP has announced that Paul Exley has joined the firm’s London office as a Partner.

DNV GL has announced the appointment of Ditlev Engel as the new CEO of its Energy business area.

Djibouti has announced a potential mega gas project; comprising of a natural gas pipeline, liquefaction plant and export terminal.

Both the EU and US oppose the South Stream’s proposed route; the pipeline is set to transport Russian natural gas to European customers via Greece and Italy.

Uganda and Tanzania have, after discussions in late 2015, decided to construct a crude oil pipeline through both countries, from Uganda’s oilfields to Tanzania’s coast.