Pembina Pipeline Corporation has announced an increase to its 2018 Adjusted EBITDA guidance range to $2.75 to $2.85 billion. The Company is also pleased to announce that in conjunction with incremental volume commitments from customers on the Peace pipeline, Pembina will be developing additional pipeline and terminalling infrastructure in the Wapiti region near Grande Prairie, Alberta and in northeast B.C. The new infrastructure will have a combined aggregate capital cost of approximately $120 million and will be underpinned by long-term, take-or-pay commitments.
Maxim Crane Works has purchased fifteen large capacity Tadano rough terrain cranes comprising a mix of GR-1000XLs, GR-1200XLs, and GR-1600XLs. The Tadano dealer, with an existing fleet of over 2,500 cranes, decided to expand their fleet largely to meet the needs of the petrochemical industry. "Tadano's longer boom length, capacity, and reliability have historically corresponded to our customer needs," remarked Frank Bardonaro, Chief Operating Officer, Maxim Crane Works. "We don't make these decisions somewhere in a corporate office. Instead, we talk to our team in the field and they know the machines that will be best suited to do the job."
Schlumberger launched the CemFIT Shield mud-sealing cement system at the Society of Petroleum Engineers Annual Technical Conference and Exhibition (SPE ATCE). The CemFIT Shield system provides the industry's first zonal isolation technology specifically designed to improve isolation between hydraulic fracturing stages in long horizontal wells.
The Federal government has laid out the first steps in restarting the stalled Trans Mountain Pipeline expansion project, calling for a 22-week review of issues that were noted in the recent Federal Court of Appeal ruling quashing earlier approvals of the pipeline.
Gastech 2018, the global exhibition and conference at the forefront of the international gas and LNG industries, which was this year co-located with GPEX, the global event enhancing energy transition, has closed with the organisers reporting in excess of 30,000 attendees over four days - a record for the 30th edition of the event.
Saturn Oil & Gas Inc. has commenced drilling of their 20 well horizontal drill program that will run to the end of Q1/2019. The first well of the Program was spud on September 11th, 2018 upon the successful closing of the previously announced USD $20 million revolving note facility with Prudential Capital Group.
Badger Meter is proud to announce the introduction of the Blancett Top Load Turbine Flow Meter at the Turbomachinery & Pump Symposia in Houston, Texas. Designed to withstand the demands of the most rigorous flow measurement applications, this meter was originally intended for the secondary oil recovery market but provides an ideal solution for liquid flow measurement on or off the oil field.
Members of the world's senior government and industry elite joined to discuss the critical role of gas in the transition from high carbon to renewable energy at Gastech, the global exhibition and conference at the forefront of the international gas, LNG and energy industries and GPEX, bringing together the global power and energy community to enhance energy transition.
Chet Morrison Contractors has formed a strategic partnership with iSIMS to launch the iJacket, a new optimized method in jacket and foundation design. The patented iJacket is more structurally optimized than the conventional true X-braced jacket design, supporting the same deck load, conductor/riser count, drilling deck, wind turbine or other payload as its conventional counterpart.
The Kwispaa LNG Project achieved another significant milestone in its development this week as Kwispaa LNG signed a contract with Hyundai Heavy Industries for the Front-End Engineering and Design (FEED) of two At-Shore LNG hulls.
As the demand for increased control and functionality has increased over the years, sensor- instrumented cylinders are becoming more important in the heavy industry, subsea, and mobile equipment worlds. Position feedback sensors for hydraulic or pneumatic cylinders have most commonly used one of three technologies: Magnetostrictive (MLDTs), Variable Resistance (Pots), and Variable Inductance (LVITs) sensors. While other sensor technologies have occasionally been used in this application, the focus of this article is the comparison among these three most popularly used technologies.
Canada's ever-changing economy is taking a toll on employment rates across sectors and oil and gas businesses need to take strides to protect their companies. Between job gain and loss, and businesses that require constant attention, one of the biggest and most urgent issues is the lack of qualified workers in the industry. Oil and gas businesses need a solution to get their new employees up to speed quickly to meet their consumers' demands.
Canadian Natural Resources Limited announces that its offer to acquire all of the issued and outstanding common shares in the capital of Laricina Energy Ltd., as previously described in the Laricina press release dated July 26, 2018, has been accepted by holders of Laricina Shares representing 98.7% of the issued and outstanding Laricina Shares on a fully diluted basis. Accordingly, the minimum tender requirement under applicable Canadian securities laws has been satisfied and all other conditions to the Offer have been satisfied.
Honeywell's UOP Russell business has introduced a new high recovery cryogenic gas processing plant that is 50 percent larger than other pre-engineered plants currently available. With a capacity of 300 million standard cubic feet per day, the new SC-30 gas plant employs Ortloff Recycle Split Vapor technology that can recover more than 99 percent of high-value ethane from natural gas.
TransCanada Corporation is pleased to announce that its Coastal Gaslink Pipeline Project has signed community and project agreements with all of the elected Indigenous bands along its pipeline route in British Columbia. These agreements, totaling 20 across the province, exemplify the strong Indigenous support received for the proposed natural gas pipeline project in B.C.