Blackbird Energy Inc. has entered into a letter of intent with Paramount Resources Ltd. for the acquisition of 13 gross sections of Montney rights (3.1 net) for total consideration of 5 million Blackbird common shares. These lands are contiguous with Blackbird’s existing lands and will, upon closing, increase Blackbird’s Montney rights at Elmworth / Pipestone to 115 gross sections (99.9 net).
Venture Global LNG, Inc. has selected GE Oil & Gas as a strategic partner to provide a plant-wide technology solution for its liquefied natural gas (LNG) export facilities under development in Louisiana. Under the agreement, GE Oil & Gas will leverage advanced technologies from across the broader GE portfolio to deliver a comprehensive power, pretreatment and LNG liquefaction system. The agreement provides for the delivery of a complete LNG process system with defined schedule, price and performance standards.
Festo’s next generation pressure sensors SPAU and SPAN offer customers excellent functionality and versatility along with fast, easy installation and commissioning. These economical additions to the Festo range of sensors are designed to simplify choice and reduce complexity for engineers. SPAU is Festo’s new flagship machine and cell level pressure sensor, while SPAN is an all-new compact, low cost model – in a 30x30 mm format. Their IO-Link functionality makes SPAN and SPAU fast and easy to set up and commission and also enables remote maintenance and parameterization.
Fluor Corporation announced today that it has signed an agreement with JGC America, Inc. (JGC) to provide construction-related support to the front-end engineering and design (FEED) services for the Woodfibre Liquefied Natural Gas (LNG) project in the District of Squamish near Vancouver, British Columbia, Canada. Fluor booked the undisclosed contract value in the fourth quarter of 2016.
Ritchie Bros. has signed an enterprise framework agreement with Shell, for redeployment or sale of industrial assets and equipment. Ritchie Bros. will be leveraging its integrated suite of asset management tools to implement a cloud-based solution for Shell—allowing for easy redeployment of assets within the Shell organization or sale of surplus assets to third parties.
The Province of British Columbia and the Lax Kw’alaams Band have reached multiple agreements to ensure benefits accrue for First Nations as a result of the construction and operation of a liquefied natural gas (LNG) export industry in the Prince Rupert area.
ExxonMobil, working with the National Center for Supercomputing Applications (NCSA), has achieved a major breakthrough with proprietary software using more than four times the previous number of processors used on complex oil and gas reservoir simulation models to improve exploration and production results.
Alliance Sensors Group has expanded its line of LVDT/RVDT signal conditioners to include the SC-100 DIN-rail mountable AC-LVDT Signal Conditioner module that offers smart and fast LVDT setup with built-in null indication and simple front panel pushbuttons to set zero and full scale. The SC-100 is engineered to work with the widest range of AC-operated LVDTs, RVDTs, and inductive half-bridge position sensors and was specifically designed to be compatible with both Marposs and Solartron analog pencil gaging probes.
Oil and Gas exploration continue all over the world and as more hydrocarbon sources are found the demand for pipelines to transport oil and gas increase. However, pipeline operators are under severe financial and social pressure to avoid incidents that cause crude oil and natural gas leaks. With regulators scrutinizing pipeline projects, the reputation of the entire industry is at risk. This is why pipeline integrity must become the focus of discussion.
Trelleborg’s offshore operation in Skelmersdale in the U.K. has been certified for the design of its Bend Restrictor Reaction Flange under the American Petroleum Institute’s specification for flexible pipe ancillary equipment (API 17L1 Ed. 1 2013). Having acquired the design review certification for the standard bend restrictor element in 2016, Trelleborg’s complete bend restrictor product is now API 17L1 certified.
On Feb. 13, 1947, a crew of roughnecks struck black gold in a farmer’s field, launching a second oil rush in Alberta and confirming the importance of oil and gas in the province.
Water Planet, a global supplier of intelligent membrane products, has been selected by Clean Industrial Technologies, Inc. (CIT) to install its IntelliFlux-controlled CMS-2500 system in a gas refinery located in Edmonton, Alberta, Canada. The containerized system provided by Water Planet will treat onsite wastewaters for direct reuse.
ExxonMobil has awarded Pason Systems, Inc. the first global license of its patented Drilling Advisory System™, a key component of the company’s Fast Drill™ technology suite. The licensing agreement accelerates the technology’s commercialization by combining Pason’s expertise in drilling data and ExxonMobil’s experience in drilling surveillance and optimization.