Enbridge to provide crude oil pipeline in GoM
Enbridge announced plans to build, own and operate a crude oil pipeline in the Gulf of Mexico to connect the planned Stampede development, operated by Hess Corporation, to an existing third-party pipeline system.
Velan appoints new president
Velan announced the appointment of Yves Leduc as the president of the company. Leduc will report to Tom Velan, CEO and formerly president. He will be joining Velan on 26 January 2015.
As part of Velan’s leadership succession planning process, a Leadership and Talent Committee of the board of directors was formed and the committee hired Egon Zehnder, an executive search firm, to help with the search for a new president.
Air Liquide to build a new oxygen pipeline
Air Liquide Canada announced the construction of a new oxygen pipeline in Hamilton, Ontario, with the support of Horizon Utilities and the Ontario Power Authority’s saveONenergy Program. The pipeline will be built between Air Liquide’s air separation complex and the ArcelorMittal Dofasco plant in Hamilton, Canada’s largest flat rolled steelmaking facility.
Maersk Oil divests Brazilian oil assets
The fully owned subsidiary of A.P. Møller - Maersk, Maersk Olie og Gas (Maersk Oil) is revising its strategy and will no longer pursue growth or operatorship for its business in Brazil. Because of this, Maersk Oil has divested its ownership share in the small producing field Polvo to the operator, Brazilian independent HRT O&G Exploracao e Producao de Petroleo, subject to regulatory approvals.
Pipeline project contract for Voestalpine in Brazil
The voestalpine Group secured its second major pipeline contract this year after South Stream. voestalpine will deliver 120,000 tons of sour-gas-resistant, high-strength linepipe plates for the third Petrobras pipeline near Rio de Janeiro, Brazil, by March 2015.