There’s no getting around it, oil spills are costly, destructive and potentially deadly...
- The five biggest oil spills offshore: lessons to learn
- Trafigura plans to build first US deepwater oil port
- LNG demand incentivises development of Trinidad’s natural gas discoveries
- Halliburton shares sink amidst Permian Basin pipeline constraints
- Iran threat to Strait of Hormuz revives giant canal plans
The five biggest oil spills offshore: lessons to learn
There’s no getting around it, oil spills are costly, destructive and potentially deadly to offshore workers and the local marine environment. But, what lessons can the offshore oil industry learn from such disasters?
Trafigura plans to build first US deepwater oil port
Multinational commodities trader Trafigura has applied for permission to build a deepwater oil port in Texas, US, capable of accommodating supertankers, in order to increase US oil export infrastructure.
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LNG demand incentivises development of Trinidad’s natural gas discoveries
Trinidad and Tobago’s (T&T) total 2017 natural gas output grew by an average of 262 million cubic feet per day (mmcfd), representing a growth of 7.7% with respect to 2016 production mainly due to two major projects, Juniper and Sercan.
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Halliburton shares sink amidst Permian Basin pipeline constraints
Shares of multinational oilfield services giant Halliburton fell the most in nearly four years, as investors forecast production capacity to continue outpacing demand. Permian Basin pipeline constraints, road, and rail transport issues have been cited as the primary reason for the demand lull.
Wren House to buy ArcLight’s interest in North Sea Midstream Partners
London-based Wren House Infrastructure Management has entered into an agreement with an affiliate of ArcLight Capital Partners to acquire ArcLight’s entire stake in North Sea Midstream Partners (NSMP).
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