UK pipeline news
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 Saipem鈥檚 flagship vessel Castorone, and the nearshore operations will be performed by the Saipem鈥檚 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 UK鈥檚 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 world鈥檚 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 organisation鈥檚 UK assets.
OEUK on the UK's Autumn Budget
As a leading trade body for the UK offshore energy sector, OEUK CEO David Whitehouse, has responded to the Autumn Budget.