Business news

Wood Group awarded five-year contract with an estimated value of US$750million from BP.

Eustream’s proposed pipeline would reportedly supply the Balkans with gas from sources different from Russia.

Crestwood Equity has completed the sale of Tres Palacios Gas Storage to the newly formed joint venture between Crestwood Midstream and Brookfield Infrastructure.

Alexey Miller and Nguyen Xuan Son today signed a Framework Agreement on joint development projects.

TANAP is Turkey's priority rather than Russia's last pipeline proposal.

BG Group plc today announced it has agreed to sell its wholly owned subsidiary QCLNG Pipeline Pty Ltd to APA Group.

Rosneft outlines long-term development plan.

The Board of Directors of Pembina Pipeline Corporation has declared a common share cash dividend for December 2014 of CAN$0.145 per share.

On 9 December, EU representatives and the European Commission Vice President for Energy Union met to discuss gas infrastructure priorities for central and southeastern Europe.

Officials from Gazprom and Comita meet in Berlin to discuss main areas and prospects for further cooperation.

Ian Murray, PII Pipeline Solutions discusses data gathering to prevent natural force damage to pipelines.

Trans Adriatic Pipeline issues ITT for large diameter ball valves and actuators.

Disappointing results from recent exploration and production activities has cast doubt over unconventional operations in Australia.

Applus+ has teamed up with Kiefner to create an industry partnership with IOWA State University to support its Centre for Non Destructive Evaluation.

The Partnership forecasts 2015 growth CAPEX and capital contributions to Mountain Valley Pipeline, LLC, to be approximately US$380 – US$410 million.