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Business news

 
 

Esso Midline Pipeline reopens

Esso’s Midline Pipeline has been reopened following temporary closure due to the discovery of a tapping device and the theft of approximately 30 000 litres of diesel.

 

PLCAC celebrates 60 years

The Pipe Line Contractors Association of Canada (PLCAC) celebrates its 60th anniversary in Vancouver this May.

 
 
 
 
 
 
 

PetroChina releases Q1 2014 results

PetroChina has released its key financial data for the first quarter of 2014, posting a turnover of RMB 528.9 billion and a net profit of RMB 34.2 billion.

 
 

Iranian natural gas pipeline is 75% complete

Iran is set to complete the construction of a 100 km pipeline, which will initially carry 5 million m3/d of natural gas to Iraq, in the next four months.

 

FoundOcean and Delta SubSea sign new deal

FoundOcean and Delta Subsea sign a strategic agreement to provide subsea grouting and scour remediation services in Trinidad, Tobago and Venezuelan waters.