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Project news

Shell to halt Carmon Creek in situ project

Shell have decided to stop its Alberta oilsands project, due to cutting costs in addition to a shortage of pipeline capacity, which constrains the growth of CanadaÂé¶¹´«Ã½Ó³»­™s oilsands industry.

 

What have Gazprom been up to?

An update on GazpromÂé¶¹´«Ã½Ó³»­™s latest endeavours: gas transit and supply issues, co-operation development, and the Ukhta Âé¶¹´«Ã½Ó³»­“ Torzhok-2 pipeline.

 
 

Turnkey service agreements between Honghua and PDVSA

Three acquired oilfield turnkey service agreements between Sichuan Honghua International and PDVSA PETROLEO have amounted to approximately US$340 million. Through the agreements, Honghua will provide PCP, ESP, and pipelaying project upgrades.

 
 
 

Nord Stream 2: updates

Nord Stream 2 is set to increase the reliability of its gas supply to Europe, in addition to Gazprom and OMV signing a Memorandum of Understanding on its oil supply.