ICIS 1Q25 LNG market report: reasons for market volatility
The 1Q25 LNG market was heavily influenced by political developments, including halted Russian pipeline flows to Europe.
The 1Q25 LNG market was heavily influenced by political developments, including halted Russian pipeline flows to Europe.
The project foresees the efficient repurposing of part of the offshore platforms as well as 149 km of onshore and offshore pipelines, and the construction of 35 km of new pipelines to connect industrial emitters to the Liverpool Bay CCS network.
The specialist subsea umbilical team at EnerMech discuss advanced techniques for subsea umbilical pre-commissioning in deepwater oil and gas expansions.
Corrosion under insulation has contributed to over 20% of major oil and gas accidents in the EU in the past 35 years, posing significant safety, environmental, and financial risks.
This contract represents nearly 18 000 t of subsea seamless premium carbon steel line pipes, for the risers and flowlines. The contract includes an optional scope of almost 5000 t.
EQT Corp. has announced that it has entered into an agreement to acquire upstream and midstream assets from Olympus Energy for US$1.8 billion.
The EIA has reported that in 2024, pipeline companies completed five pipeline projects to transport petroleum liquids in the United States, according to its recently updated Liquids Pipeline Projects Database. The five projects consisted of three hydrocarbon gas liquid (HGL) pipelines and two petroleum product pipelines.
Approves cash dividend of US$0.2925 per share (US$1.17 annualised); added US$900 million to project backlog; and closed US$640 million Outrigger acquisition.
Shaista Mallik, Seeq, describes how advanced analytics, AI, and monitoring platforms are facilitating digital transformation in the oil and gas sector, providing dramatic increases in safety, compliance, uptime, and efficiency.
Geronimo Rodriguez, Oil States, explains why an emergency pipeline repair system (EPRS) is a necessary, fail-safe solution to secure the reliability and integrity of subsea infrastructure.
International energy consultancy to share learnings from extensive hydrogen and carbon capture portfolio.
Vaquero Midstream secures US$400 million credit facility for specific growth and system expansion projects.
New board members bring extensive expertise in technology services, commercial management, and process engineering to support energy transition challenges.
Global Underwater Hub (GUH) to help UK companies capitalise on significant opportunities in Australia from oil and gas to decommissioning, CCS and offshore wind.
Malaysia emerges as a key site for marine and engineering bidding with the deployment of 39 different projects over the next three years.
US Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) has issued a Corrective Action Order (CAO) to South Bow.
Commercial operations started in 96.6% of completed pipeline, transporting 12.26 million ft3/d of natural gas.
Vallourec in exclusive negotiations to sell Serimax, its subsidiary specialising in welding solutions, for €79 million.
US crude oil exports in 2024 surpassed the previous record set in 2023, exceeding an annual average of 4.1 million bpd. Despite this new record, crude oil export year-over-year growth slowed to 1% in 2024, compared with 14% in 2023 and 21% in 2022.
Andrew Wallace, VP Offshore Solutions at Miros, on enhancing pipelay operations through real-time and predictive intelligence.
The agreement provides that MidOcean Energy will have the option to arrange for gas supply for its share of LNG production and that MidOcean will commit to long-term gas transportation on Energy Transfer pipelines.
Perma-Pipe International Holdings, Inc. has announced it has been awarded several projects in the Americas and MENA region with an aggregate value in excess of US$27 million.
Research shows cyberattacks against the energy and utilities sector more than doubled in a two year period, highlighting a concerning surge in attacks on critical infrastructure.
Vallourec, a provider of seamless tubular solutions, has received a notice of award to supply Oil Country Tubular Goods (OCTG) to SONATRACH, the Algeria's National Oil and Gas company.
Saipem has been awarded new contracts in Middle East and Guyana for a total amount of approximately US$720 million.