Pipeline repair isn’t a frequent activity but when it is needed it’s a critical activity. New tools are being developed and demonstrated to also make it safer and more efficient, and yet challenges remain, such as higher pressure, deeper water, and bi-metallic pipeline repairs. Elaine Maslin reports Pipeline repairs are not that frequent. But the... Continue Reading →
Fluor’s Stork Awarded 5-Year Pipeline Maintenance Contract in Peru
(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that Stork, part of Fluor’s Diversified Services segment, was awarded a new approximately five-year contract under the consortium of CMgP, Consorcio Mantenimiento de Gasoductos del Peru, (Stork Peru S.A.C. and SICIM S.P.A.) by Compañía Operadora de Gas, S.A.C – COGA in Peru. Fluor booked the undisclosed contract value in the... Continue Reading →
Petrobras on natural gas pipeline and processing plants
Petróleo Brasileiro S.A. – Petrobras informs that together with Petrogal Brasil, Repsol Sinopec Brasil and Shell Brasil, partners in the offshore routes in the pre-salt Santos Basin, will announce contracts for sharing the natural gas pipeline and processing plants. Today, a virtual event will be held with the presence of Petrobras’ CEO, Roberto Castello Branco,... Continue Reading →
Petrobras concludes the sale of TAG
July 20, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the press release on March 13, 2020, informs that it has entered into a share purchase and sale agreement, regarding its remaining 10% interest in Transportadora Associada de Gás S.A. (TAG), with the group formed by ENGIE and Caisse de dépôt et placement du... Continue Reading →
IPO of the pre-salt gas pipelines is postponed
July 7, 2020 The covid-19 pandemic and the barrel of oil price crisis will affect Petrobras' schedule for the public offering of shares (IPO) of the pre-salt gas pipelines (routes 1, 2 and 3), responsible for interconnecting the oil fields. region off the coast of Rio de Janeiro and São Paulo. Scheduled for 2020, the... Continue Reading →
Petrobras begins NTS binding phase
July 03, 2020 Petróleo Brasileiro S.A. – Petrobras, following up on the press release disclosed on May 15, 2020, announces the beginning of the binding phase regarding the sale of its 10% remaining stake in Nova Transportadora do Sudeste S.A. (NTS). Potential buyers qualified for this phase will receive a process letter with detailed instructions... Continue Reading →