Tag: oil and gas
Shell sells $1.3 B of Canadian oil & gas assets
Royal Dutch Shell Plc recently announced it is selling USD $1.3 billion worth of non-core oil and gas properties in western Canada.
GE opens new oil and gas R&D center
GE Oil and Gas, whose US headquarters are located in Texas, recently opened a new oil and gas Research and Development (R&D) Center in Oklahoma City.
Midstream oil & gas industry predictions made
A new report entitled “North American Midstream Infrastructure through 2035: Leaning into the Headwinds” and conducted by ICF International on behalf of the INGAA Foundation has found that the United States and Canada will require annual average midstream natural gas, crude oil and natural gas liquids midstream infrastructure investment of about $26 billion per year, or $546 billion (real 2015$) total over the 21-year period from 2015 to 2035, a new study finds.
Schlumberger/Cameron merger marks “Industry 1st”
Schlumberger Limited recently announced that it has closed its merger with Cameron International Corporation. The transaction combines two complementary technology portfolios into a complete products and services offering to the global oil and gas industry.
Block valve approval for proposed pipeline
One of the partners behind a proposed crude oil pipeline that would pass under Lake Sakakawea in North Dakota, recently agreed to install an additional block valve as a safety measure to ease concerns about how quickly a spill could pollute the lake.
Extra shut-off valves recommended for MN pipeline
Minnesota regulators have endorsed a controversial northern Minnesota pipeline to carry North Dakota’s crude oil, but left open the prospect of shifting its course away from northern lakes. The 5-0 vote by the state Public Utilities Commission (PUC) grants pipeline developer Enbridge Energy a certificate of need to construct the $2.