Skip to main content

Oil and gas industry announcements: 20 August 2014

Hydrocarbon Engineering,


Bechtel has successfully hydro tested two additional LNG storage tanks on Curtis Island, Queensland. The tests confirm that the tanks built for the Australia Pacific LNG and Santos GLNG plants are ready to store LNG and follow the successful test of a tank at the Queensland Curtis LNG project earlier this year. Bechtel is the engineering, procurement and construction contractor for the plants, being built simultaneously side by side.

Alasdair Cathcart, Bechtel LNG General Manager said, ‘the LNG tanks are not only one of the most visible and complex parts of these plants, they are also among the most critical components to ensure long term production success for our customers. Verifying the safety and integrity of the tanks is just one of the many steps we take in our disciplined approach to delivering our customers world class quality projects.’

Duke Energy

On Monday 18 August at approximately 11:15 pm during a routine transfer of fuel oil, approximately 5000 gal. of fuel was inadvertently discharged into the Ohio River. The release was stopped 15 minutes later. Local, state and environmental agencies, along with the Coast Guard were promptly notified. Northern Kentucky Water District and Greater Cincinnati Water Works were also notified to take appropriate action.

Chuck Whitlock, Duke Energy president of Midwest Commercial Generation and vice president of gas operations said, ‘we notified state and local authorities of the incident and have been working with them throughout the overnight hours. We have cleanup crews on site that are identifying the appropriate actions that will be needed to remediate.’

On 19 August, Duke Energy spoke of the progress made during the cleanup. The operations are being carried out around the clock and work is still being closely carried out with local authorities. Lynn Good, President and CEO, Duke Energy said, ‘we’re working around the clock to rapidly and fully restore the affected section of the Ohio River and coordinating closely with local officials to make sure that drinking water continues to remain safe. We take responsibility for the cleanup and the well being of the communities we serve.’


Hess Corporation is planning to celebrate the much anticipated 50 year anniversary of the Hess Toy Truck during the upcoming holiday season. Hess will unveil an anniversary truck this fall, with online preordering and free shipping available online starting 2 October. It will also be available for purchase as of 14 November at Hess, Hess Express and WilcoHess retail stores.


MagneGas Corporation has signed a Letter of Intent to purchase an established industrial gas distribution company with estimated 2014 gross revenues of approximately US$ 2 million. It has also separately signed an agreement to purchase an industrial building nearby for expansion and relocation of its headquarters.

MagneGas has signed a non-binding Letter of Intent to purchase a well established local industrial gas distributor in Florida providing a platform to grow sales of MagneGas while offering a wider range of services to industrial gas customers. This distributor is one of the largest independently owned gas distribution companies in the area offering a broad range of welding gas products and services. The company has been in business for more than 20 years and is well established in the area. The company believes that the purchase of this distributor could offer a platform to more rapidly penetrate the market with MagneGas fuel, thereby potentially significantly increasing recurring revenue.

Edited from various press releases by Claira Lloyd

Read the article online at:


Embed article link: (copy the HTML code below):