A multistate working group convened by two western governors urged the Trump administration and the 115th Congress to make carbon dioxide pipelines a priority within a more-ambitious US system agenda. The State CO2-EOR Deployment Work Group also released a report recommending that the federal government support development of CO2 pipeline networks to securely transport large […]
Associations form pipeline steel team in response to Trump memo
Four national oil and gas associations have formed a pipeline steel team in response to US President Donald J. Trump’s Jan. 24 Executive Memorandum specifying that US-manufactured materials will be used in all new construction as well as repairs, retrofits, and expansions to the maximum extent possible. Source: News
Shell, YPF to develop Vaca Muerta gas pilot project
Royal Dutch Shell PLC and Argentina’s YPF SA have signed preliminary terms and conditions of an agreement to develop a shale gas pilot project in the Vaca Muerta shale of Neuquen province. Source: News
LG Chem lets contract for Daesan ethylene expansion
LG Chem Ltd., Seoul, has let a contract to KBR Inc. to provide technology licensing and basic engineering design (LBED) services for a previously announced 3-year program to modernize and expand ethylene capacity at the Daesan petrochemical complex in Chungcheong Province, South Korea. Source: News
Dussafu deals firming before output start
BW Energy Gabon Pte. Ltd.’s plan to start oil production from the Dussafu production-sharing contract offshore Gabon next year has advanced with the firming of two deals to acquire interests totaling 91.67%. Source: News
MARKET WATCH: NYMEX, Brent crude oil prices climb on lower US crude imports
Light, sweet crude oil prices for April settled well above $54/bbl on Feb. 23 after a weekly inventory showed US oil supplies rose less than analysts had anticipated. Analysts attributed the smaller-than-expected increase to a lower volume of imported crude oil. Source: News
Jamaican refinery due $1-billion overhaul
The governments of Venezuela and Jamaica have finalized an agreement to undertake the long-planned expansion and modernization of their Petrojam Ltd. joint venture’s 36,000-b/d hydroskimming refinery in Kingston, Jamaica. Source: News
Alberta pipeline report draws clarification
New pipeline-incident reporting by the Alberta government has evoked clarification from a company portrayed unfavorably in one of its operator comparisons. Source: News
Quadrant, Carnarvon Petroleum JV plan Dorado wildcat
The Quadrant Energy Ltd.-led partnership with fellow Perth company Carnarvon Petroleum Ltd. has begun planning for the drilling of the Dorado-1 wildcat in the Bedout subbasin offshore Western Australia. Source: News
Reimaging project commences for US central Gulf of Mexico
TGS-NOPEC Geophysical Co. ASA and Schlumberger Ltd. are reimaging data covering 1,000 blocks in the central US Gulf of Mexico. Final results for the program are expected in early 2018, ahead of anticipated block turnover in the region. The study will reprocess 3D wide azimuth images covering 23,000 sq km previously acquired by both companies. […]