Dakota Access Pipeline Up and Running in 2Q?
Reuters reported that Greg Garland, Philllips 66 CEO, expects the Dakota Access Pipeline to start operations in the second quarter, even though legal and regulatory challenges continue. The company holds a 25% stake in the nearly USD 4-billion project.
Natural Gas Pipeline Capacity to South Central US To Reach 19 Bcf/D by Year's End
With new projects scheduled to come on line later this year, the region, which mostly comprises states along the US Gulf Coast, will shift from being a source of natural gas supply to a source of growing demand.
McDermott Nets Subsea Tieback Contract for Pemex's Ayatsil Field
The deal covers the installation of a pair of rigid flowlines for the shallow heavy oil field, Pemex’s largest discovery to date. Work is expected to be completed early next year.
North American Shale Activity Gives Boost to OFSE Business
The oilfield services and equipment sector, while optimistic, has not yet seen the effects of the improved oil price in the recovery of its overall business.
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01 August 2018
30 July 2018