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Oil and gas company announcements: 8 August 2014

Hydrocarbon Engineering,


Bilfinger

Roland Koch, Chairman of the Executive Board at Bilfinger SE has offered the Supervisory Board of the company to step down on mutually agreed terms. Koch has been Chairman since 2011. The Supervisory Board has appointed Herbert Bodner, a current member of the Board and former Chairman as the Chairman of the Executive Board at Bilfinger SE on an interim basis as of 9 August until 31 May 2015.

CB&I

CB&I has congratulated the Cameron liquefaction sponsors for gaining approval for the final investment decision for the development, construction and operation of the natural gas liquefaction and export project planned at the site of Sempra Energy’s Cameron LNG receipt terminal located in Hackberry, Louisiana.

Patrick K. Mullen, President, CB&I’s Engineering, Construction and Maintenance operating group said, ‘CCJV, a joint venture contractor of CB&I and Chiyoda International Corporation for the project, congratulates Sempra and Cameron liquefaction project sponsors on the approval of the final investment decision. This decision is a significant milestone for the Cameron liquefaction project and we look forward to starting construction on the project soon.’

DMG

DMGT’s exhibition and conference division has been accorded the ISO 20121 certificate which will enhance the company’s reputation as an environmentally aware international events organiser. ISO 20121 is a management system standard that has been designed to help organisations in the events industry improve the sustainability of their related activities, products and services.

Hangar8 Aviation

Hangar8 Aviation has said that it is seeing a growing interest from mining, oil and gas companies looking to private aviation as a solution to many complex travel needs. This has reportedly mainly involved the need for senior executives to visit difficult to reach mining and drilling sites. Over the past three months, its charter business has seen an increase in enquiries from the mining sector of up to 25$ when compared to the same period last year.

Kinder Morgan

Kinder Morgan Energy Partners LP has announced that its joint venture with Imperial Oil Limited, has entered into additional firm take or pay agreements with strong, credit worthy oil companies sufficient to allow a planned expansion project to move forward by adding incremental capacity of 110 000 bpd at the Edmonton Rail Terminal. Construction of the terminal has been on going for a year and will increase its capacity upon start up in the first quarter of next year to over 210 000 bpd. The terminal will be able to source all crude streams handled by Kinder Morgan for delivery by rail to North American markets and refineries. The terminal is being built and operated by Kinder Morgan, and will connect to both Canadian National and Canadian Pacific mainlines. Kinder Morgan’s investment in the project has now hit US$ 232 million.

John Schlosser, President, Kinder Morgan said, ‘the continued interest in this facility, and additional volume being contracted for with this announcements, further demonstrates how important it is for our customers to secure crude oil take away capacity using a variety of transportation options, including both pipeline and railway capacity to ensure crude oil reaches the market.’

MOL Group

MOL Pakistan Oil and Gas Company has dispatched seven truckloads of food packages, which were handed over by MOL Group Executive Vice President for Exploration and Production Alexander Dodds to Khaqan Abbasi, Minister of Petroleum and Natural Resources. The goods will meet the needs of 1000 internally displaced (IDP) families for a week. MOL Pakistan is actively working on TAL Block to support Pakistani people in need.

The latest delivery is the second donation that MOL Pakistan has given to IDPs in the past two weeks. MOL Pakistan has previously helped those affected by earthquakes and floods. Following the earthquake, MOL Group donated US$ 500 000 to relief efforts. Employees also contributed a portion of their salaries to the relief fund.

MPR

MPR Associates, Inc. celebrated its fiftieth anniversary on 4 August. Harry Madil, Bob Panoff and Ted Rockwell founded the company in 1964. The founders set out to build a company in which its engineers could work closely to maintain the highest standards of technical excellence.

Sempra

On 6 August, Sempra Energy announced that the Cameron Liquefaction Project sponsors, Sempra LNG, GDF Suez, Mitsui & Co and Mitsubishi Corporation had each approved the final investment decision for the development, construction and operation of the natural gas liquefaction and export project planned at the Sempra Energy owned Cameron LNG receipt terminal.

Octavio M.C. Simoes, President, Sempra LNG said, ‘this represents one of the largest financings in the US. Today’s commitments from our project sponsors and international banks put us one step closer to delivering domestic natural gas to America’s trading partners in Europe and Japan.’


Edited from various press release by Claira Lloyd

Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/08082014/oil-gas-company-announcements-8-aug/


 

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