Petroleum production

U.S. LNG Would Reduce Net Life Cycle Emissions by 42%-55% if Exported to Asia to Replace Coal-Fired Generation, Western States and Tribal Nations Study Finds

Retrieved on: 
Tuesday, June 8, 2021
Environment, Other Energy, Oil, Gas, Coal, Public policy, Government, Energy, White House, Federal Government, State, Local, Public policy, Other Policy Issues, Liquefied natural gas, Petroleum production, Fuels, Chemical substances, Chemistry, Greenhouse gas emissions

For example, on a life cycle basis, South Korea and Japan could reduce their emissions by 54.8% and 52.1% respectively.

Key Points: 
  • For example, on a life cycle basis, South Korea and Japan could reduce their emissions by 54.8% and 52.1% respectively.
  • However, both share the potential for a substantial life cycle emissions decreases 42.0% for China and 49.8% for India.
  • To me, it is a no-brainer that LNG exports should be encouraged and fast-tracked with broad community and political support.
  • This study demonstrates that the U.S. can literally export tangible emissions reductions that will benefit the global environment by exporting responsibly produced LNG.

 Hunting Introduces Dual Mode Firing Head

Retrieved on: 
Tuesday, June 8, 2021
Oil, Gas, Manufacturing, Other Manufacturing, Energy, Engineering, Petroleum production, Oil wells, Petroleum industry, Tools, Well logging, Wireline, Energy industry, Hunting plc

Titan Division of Hunting Energy Services, a subsidiary of Hunting PLC, the international energy services company, today added a dual mode firing head to its comprehensive tubing conveyed perforating (TCP) equipment line.

Key Points: 
  • Titan Division of Hunting Energy Services, a subsidiary of Hunting PLC, the international energy services company, today added a dual mode firing head to its comprehensive tubing conveyed perforating (TCP) equipment line.
  • Utilized as either a bar-drop or a hydraulic firing head, this latest addition is an economical solution to maintaining two different firing head inventories, while allowing the operational flexibility to run either type of toolstring.
  • Hunting PLC is an international energy services provider to the world's leading upstream oil and gas companies.
  • The companys Hunting Energy Services Titan Division engineers and manufactures perforating systems, wireline selective firing systems, cased hole logging instruments, nuclear detectors, energetics, and associated wireline hardware and accessories.

Cryopeak LNG Solutions Announces New LNG Production Facility in Fort Nelson, BC now in Operation

Retrieved on: 
Monday, June 7, 2021
Fuels, Fuel gas, Petroleum production, Natural gas, Liquefied natural gas, Chemical substances, Fort Nelson, British Columbia, Natural gas in Canada, LNG Canada

RICHMOND, B.C., June 7, 2021 /PRNewswire/ -- Cryopeak LNG Solutions Corporation ("Cryopeak"), a Richmond, BC based company, has announced the commencement of operations at its new liquefied natural gas ("LNG") Production Facility in Fort Nelson, BC.

Key Points: 
  • RICHMOND, B.C., June 7, 2021 /PRNewswire/ -- Cryopeak LNG Solutions Corporation ("Cryopeak"), a Richmond, BC based company, has announced the commencement of operations at its new liquefied natural gas ("LNG") Production Facility in Fort Nelson, BC.
  • Cryopeak LNG Solutions Announces New LNG Production Facility in Fort Nelson, BC now in Operation
    Cryopeak's new facility is the most Northern LNG production plant in Canada.
  • The strategic location in Fort Nelson places the facility as close as possible to end use consumers.
  • The Fort Nelson community has supported Cryopeak throughout the construction of the LNG facility as well as our nearby new transportation and logistics terminal in Fort Nelson.

L.B. Foster Provides Infrastructure Materials for the Sabine Pass LNG Export Facility Expansion Contract

Retrieved on: 
Friday, June 4, 2021
Fuels, Liquefied natural gas, Petroleum production, Sabine Pass, Natural gas, Chemical substances

Construction of the berth is currently underway on the Sabine Pass Channel in Cameron Parish, LA, utilizing an innovative OPEN CELL bulkhead design system to construct the LNG docking facility.

Key Points: 
  • Construction of the berth is currently underway on the Sabine Pass Channel in Cameron Parish, LA, utilizing an innovative OPEN CELL bulkhead design system to construct the LNG docking facility.
  • The engineered solution creates an integral reinforced soil system that can withstand large settlement and support a variety of loads.
  • The infrastructure at Sabine Pass LNG facility is designed to support its high volume of LNG shipments.
  • Foster Company (the Company) (NASDAQ: FSTR), and its subsidiaries provide products and services for the rail industry, and solutions to support critical infrastructure projects.

Enable Midstream Announces FERC Approval of the Gulf Run Pipeline Project

Retrieved on: 
Wednesday, June 2, 2021
Oil, Gas, Energy, Fuels, Liquefied natural gas, Petroleum production, Federal Energy Regulatory Commission, Industrial gases, Energy

Enable Midstream Partners, LP (NYSE: ENBL) announced today that the Federal Energy Regulatory Commission (FERC) has granted approval to construct and operate the Gulf Run Pipeline project under section 7(c) of the Natural Gas Act.

Key Points: 
  • Enable Midstream Partners, LP (NYSE: ENBL) announced today that the Federal Energy Regulatory Commission (FERC) has granted approval to construct and operate the Gulf Run Pipeline project under section 7(c) of the Natural Gas Act.
  • The planned 42-inch pipeline provides for approximately 1.7 Bcf/d of capacity, allowing for upside potential beyond Golden Pass LNGs commitment.
  • Gulf Run makes significant use of existing assets, reducing the projects cost and environmental impact.
  • With FERC approval and the demand for LNG increasing globally, the project is well-positioned to add new customer commitments.

Excelerate Energy's FSRU Exemplar Returns to Bahia Blanca

Retrieved on: 
Wednesday, June 2, 2021
Natural gas, Fuels, Fuel gas, Petroleum production, Petroleum industry, Regasification, Floating production storage and offloading, Liquefied natural gas, Exmar Shipmanagement

BUENOS AIRES, Argentina, June 2, 2021 /PRNewswire/ --Excelerate Energy L.P. (Excelerate)announced today, the company's floating storage and regasification unit (FSRU) the Exemplar has begun operations in Bahia Blanca, a port city located 400 miles south of the Argentine capital Buenos Aires.

Key Points: 
  • BUENOS AIRES, Argentina, June 2, 2021 /PRNewswire/ --Excelerate Energy L.P. (Excelerate)announced today, the company's floating storage and regasification unit (FSRU) the Exemplar has begun operations in Bahia Blanca, a port city located 400 miles south of the Argentine capital Buenos Aires.
  • The return of Excelerate's FSRU comes after the company won an international, competitive tender for seasonal regasification service in Bahia Blanca earlier this month.
  • Excelerate developed the Bahia Blanca GasPort, South America's first LNG import terminal in 2008 and has also operated GNL Escobar, an LNG import terminal along the Paran River, since 2011.
  • Excelerate offers a full range of floating regasification services from FSRU to infrastructure development to LNG supply.

Stabilis Solutions Acquires LNG Production Facility in Port Allen, Louisiana

Retrieved on: 
Tuesday, June 1, 2021
Liquefied natural gas, Petroleum production, Chemistry, Physical sciences

Houston, Tx, June 01, 2021 (GLOBE NEWSWIRE) -- Stabilis Solutions, Inc., ("Stabilis") (NASDAQ: SLNG), a leading provider of energy transition services including liquefied natural gas (LNG) and hydrogen fueling solutions, announced today that it has completed the acquisition of an LNG production facility in Port Allen, Louisiana from HR Nu Blu Energy, LLC.

Key Points: 
  • Houston, Tx, June 01, 2021 (GLOBE NEWSWIRE) -- Stabilis Solutions, Inc., ("Stabilis") (NASDAQ: SLNG), a leading provider of energy transition services including liquefied natural gas (LNG) and hydrogen fueling solutions, announced today that it has completed the acquisition of an LNG production facility in Port Allen, Louisiana from HR Nu Blu Energy, LLC.
  • The Port Allen facility is strategically located in the eastern Gulf Coast region and will support some of Stabilis largest customers.
  • Built in 2018, the facility has nameplate production capacity of 30,000 LNG gallons per day which increases Stabilis total nameplate production capacity by approximately 30%.
  • We are excited with the opportunities presented by the Port Allen acquisition, commented Jim Reddinger, President and CEO of Stabilis.

Helmerich & Payne, Inc. To Participate in Virtual Conferences in June 2021

Retrieved on: 
Tuesday, June 1, 2021
Energy, Other Manufacturing, Manufacturing, Oil, Gas, Helmerich & Payne, Helmerich, Petroleum production, Drilling rig, Petroleum industry

Founded in 1920, Helmerich & Payne, Inc. is committed to delivering industry leading drilling productivity and reliability.

Key Points: 
  • Founded in 1920, Helmerich & Payne, Inc. is committed to delivering industry leading drilling productivity and reliability.
  • H&P operates with the highest level of integrity, safety and innovation to deliver superior results for our customers and returns for shareholders.
  • Through its subsidiaries, the Company designs, fabricates and operates high-performance drilling rigs in conventional and unconventional plays around the world.
  • Helmerich & Payne uses its website as a channel of distribution for material company information.

World Energy Reports Forecast: Up to $40 Billion in Deepwater EPC Awards Over Next 18 Months

Retrieved on: 
Tuesday, June 1, 2021
Floating production storage and offloading, Offshore engineering, Oil storage, Petroleum production, Floater

According to Jim McCaul, head of IMA/WER, "Almost two dozen deepwater projects requiring either an FPSO or production semi look likely to proceed to development by the end next year.

Key Points: 
  • According to Jim McCaul, head of IMA/WER, "Almost two dozen deepwater projects requiring either an FPSO or production semi look likely to proceed to development by the end next year.
  • EPC contracts for the production units will have an aggregate value of $35 to $40 billion.
  • This is a much higher near-term ordering pace and contract value than anticipated six months ago."
  • IMA/WER's floating production report has up-to-date details and contracting status for more than 200 floater projects in the planning stage.

Westport Fuel Systems to Acquire Stako sp. z o.o., a World Leader in the Manufacturing of Liquified Petroleum Gas Fuel Storage

Retrieved on: 
Friday, May 28, 2021
Westport Innovations, Petroleum production, Fuel, Worthington Industries, Liquefied petroleum gas, Companies, Articles, Economy

VANCOUVER, British Columbia, May 28, 2021 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (TSX | Nasdaq: WPRT) (Westport Fuel Systems or the Company) today announced that it has reached an agreement to acquire Stako sp.

Key Points: 
  • VANCOUVER, British Columbia, May 28, 2021 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (TSX | Nasdaq: WPRT) (Westport Fuel Systems or the Company) today announced that it has reached an agreement to acquire Stako sp.
  • z o.o., (Stako), the liquid petroleum gas fuel storage manufacturing subsidiary of Worthington Industries Inc. (Worthington) in a transaction valued at 5 Million.
  • The acquisition of Stako represents a fundamental step towards our ability to supply completely integrated fuel systems.
  • It is a world leader in the production of LPG fuel storage (toroidal and cylindrical) for automotive applications.