Business news

Petrofac plays key role in the development of the Energy Institute engineering guidelines on the safe design and operation of shell and tube heat exchangers to withstand the impact of tube failure.

Aquatic Engineering & Construction Ltd. achieves 1 million working hours without a single lost time incident.

TransCanada expects to record an estimated CAN$2.5 - $2.9 billion write-down as result of the US Administration’s denial of a Presidential permit.

Pembina Pipeline Corporation launches CAN$150 million bought deal preferred share offering.

Denys Stavnychyi joins Burns & McDonnell as Pipeline Project Manager in Houston, Texas.

Export pipeline needed to catalyse East African oil production boom, says GlobalData Analyst.

Jee Ltd’s webinar is set to share industry advances in pigging ‘unpiggable’ oil and gas pipelines.

Statoil has long been looking for a way to make tank cleaning on supply vessels safer and more effective.

Frightened residents say there was “nothing normal” about the flaring of natural gas from the Corrib field on 31 December.

Oceaneering International will be participating in a panel at the Goldman Sachs Global Energy Conference in Miami.

API highlights the energy issues that will shape America’s economic and political news this year.

The world’s first “out of the box”, self-learning motion compensation system – X-Wave – promises to speed up install and commissioning.

Michels Corporation receives sustainability recognition in Wisconsin.

Natural gas spot prices in 2015 at the Henry Hub in Louisiana averaged US$2.61/million Btu, the lowest annual average level since 1999.

Minnesota based Lake Superior Consulting, LLC, has been purchased by Shawcor Ltd. for an undisclosed sum and potential earn out in 2016.