Business news

Oil spill management market to reach US$114.4 billion by 2020 due to rising pipeline and seaborne transportation of chemicals and crude oil.

Inmarsat welcomed the President of the People’s Republic of China, Mr Xi Jinping to its London headquarters, as part of the President’s historic State Visit to the UK.

Obama has yet to make a decision on TransCanada’s Keystone XL pipeline expansion project, though it has been reported a veto is on the horizon. However, this could be a good thing; newly elected Canadian PM Justin Trudeau intends to repair the damaged US-Canadian relationship and this rejection could be a way of doing it.

Gazprom has begun expanding its gas system for the Nord Stream II project, by building new gas compressor stations for the Ukhta-Torzhok 2 gas pipeline route.

Technip has been awarded an important flexible pipe contract for the Layang development.

The Canadian Energy Pipeline Association (CEPA) has launched a new interactive digital map.

E2S Warning Signals have launched two new product families at MARINTEC 2015, Shanghai.

The PILOT Share Fair will be held on Wednesday 4 November 2015 in Aberdeen, and is an opportunity for major oil and gas players to showcase ongoing oil and gas projects.

Michels Corp. has been named runner-up in the 2015 IPLOCA Health and Safety Award.

Southcross Holdings LP completes Robstown fractionator; Southcross Energy Partners, L.P. connects new Y-grade pipeline.

ESAB Welding & Cutting Products announces a limited-time promotion on the purchase of selected arc welding equipment and accessories.

Electromagnetic Geoservices ASA has signed a contract extension for an oil company in Malaysia.

Does Canadian Liberal victory spell good news for the Trans Mountain pipeline expansion project?

Targa Resources announces quarterly dividend and distribution and initial monthly distribution on preferred units, for the third quarter of 2015.

Consensus is that the Northern Gateway pipeline project will be halted.