Projects

Shell started production from the Mars B development through Olympus – the company’s seventh, and largest, floating deepwater platform in the Gulf of Mexico on Feb. 4. It is the first deepwater project in the Gulf to expand an existing oil and gas field with significant new infrastructure, which should extend the life of the greater Mars basin to 2050 or beyond.

Unique Seaflex, a Unique Maritime Group, recently carried out a complex underwater lift project in 300 meters of water off Tunisia for Lundin Tunisia BV in the Oudna field. Lundin Tunisia BV is a 40% stakeholder in and operator of the Oudna field located 80 km off Tunisia.

KazTransGas signed an agreement for a $700 million loan from China to expand a pipeline to boost gas exports to its neighbor.

Double Eagle Pipeline LLC, a 50/50 joint venture between Magellan Midstream Partners, L.P. and Kinder Morgan Energy Partners, L.P. said the entire system, comprised of 195 miles of pipe, is now in full operation to Corpus Christi.

Gazprom announced In December the start of oil production from the Prirazlomnoye Field. It is the first Russian project for developing Arctic shelf reserves and the beginning of Gazprom's large-scale activities aimed at creating a large hydrocarbon production center in the region.

Gas Natural Inc. has completed activation of the first 60 miles of its Loring Pipeline, north of Bangor, ME. Gas Natural acquired a leasehold interest in the 189-mile Loring Pipeline which runs from Searsport to Limestone in September 2012.

NuStar Energy L.P. has signed a long-term agreement allowing Occidental Petroleum to ship NGLs on the company’s idled 200-mile, 12-inch pipeline between Mont Belvieu and Corpus Christi, TX.

ASHGABAT, Turkmenistan (AP) — Turkmenistan's president has demanded that construction work begin in 2015 on a pipeline that will carry natural gas from his energy-rich country to Afghanistan, Pakistan and India.

Energy Transfer Partners has entered into a long-term agreement with XTO Energy Inc., a subsidiary of Exxon Mobil Corp., to provide midstream services for natural gas produced from certain XTO wells in the Permian Basin.

Genesis Energy, L.P. plans to invest $150 million to construct a crude oil, intermediates and refined products import /export terminal in Baton Rouge, LA. The terminal will be located on 90 acres of land near the Port of Greater Baton Rouge and connect to the port’s existing deepwater docks on the Mississippi River.

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