UK pipeline news
āSubstantial green prizeā lies ahead for UK as it decarbonises economy, says DNV
Forecasted progress of the UKās decarbonisation is impressive, with predicted reductions in greenhouse gas emissions by 58% by 2030, 68% by 2035 and 82% by 2050, against 1990 levels, but not reaching net zero.
Penspen announces US$120 million worth of new contract awards reported in 2H24
Penspen, an international energy consultancy, has announced a positive finish to the fiscal year with US$120 million awarded in new contracts during 2H24, a 14% increase on the same period in 2023, taking total 2024 sales to over US$225 million.
Shell and Equinor combination creates a new UK superpower, says Wood Mackenzie
New joint venture will be largest producer in UKCS, eclipsing second-largest producer in 2030 by more than 100 000 boe/d.
Corinth Pipeworks secures landmark offshore contracts in the North Sea
Corinth Pipeworks is pleased to announce the award of two significant offshore contracts in the North Sea from Subsea7.
Saipem awarded two projects related to the transportation and storage of CO2 in the UK
The offshore installation of the pipeline will be performed by Saipemās flagship vessel Castorone, and the nearshore operations will be performed by the Saipemās shallow water pipelay Castoro 10.
Northern Endurance Partnership achieves financial close for UK's first CCS project
The project infrastructure includes an onshore CO2-gathering network, compression facilities and a 145 km offshore pipeline.
bp seeks buyers for US natural gas pipeline system stake
The British energy company could raise up to US$3 billion from the sale, says Reuters.
Equinor and Shell to create the UKās largest independent oil and gas company
The incorporated joint venture (IJV) will be set up to sustain domestic oil and gas production and security of energy supply in the UK.
SGN announces completion of worldās first domestic hydrogen gas network
Green hydrogen gas, created using renewable electricity from a local 7 MW offshore wind turbine, will flow through the new 8.4 km network when it goes live next year.
EnerMech announces multi-million-pound contract with major North Sea operator
EnerMech has won a multi-million-pound contract to become the preferred provider of Flexible Hose Assembly (FHA) and Small Bore Tubing (SBT) management services for a major E&P organisationās UK assets.