webvic-c

Exploration

Research and Markets has announced the addition of the "Middle East & Africa Oil & Gas Pipeline Market By Application (Midstream, Downstream, Upstream), By Type (SAW, Seamless, ERW, Polyethylene & Composites), Competition Forecast and Opportunities, 2012-2022" report to their repertoire 


Saudi Arabia is one of the biggest oil and gas exporter in the world, hence, the potential of further expanding oil and gas pipeline infrastructure in the country is high. As compared to Africa, Middle East has a better and more extensive pipeline infrastructure, owing to high hydrocarbon reserves present and a well-established pipeline network with their neighbouring countries. Moreover, construction of 500 km long pipeline, developed jointly by Abu Dhabi National Oil Co., (ADNOC) and Masdar, is underway. Additionally, a 230-km long pipeline between Central Oman and Maritime Hub in Duqm, is under construction and is expected to commence operations by 2017.

Few of the leading players in Middle East and Africa oil oil gas pipeline market includes China National Petroleum Corporation, CHELPIPE, National Oilwell Varco, Welspun Corporation Limited, Maharashtra Seamless Limited, General Electric, TechnipFMC, and Subsea.

The report covers trends and developments such : crude oil prices influencing investments in pipeline infrastructure, digitalisation in pipeline infrastructure, expansion in city gas distribution network, surging drilling contracts and exploration investments, demand from downstream applications, development of shale gas and synthetic natural gas, and rising production from offshore fields.

For more information about this report visit http://www.researchandmarkets.com/research/3fz26s/middle_east_and

The force majeure on the Shell-operated Forcados oil terminal has been lifted after 16 months, providing a boost to Nigerias oil industry


After a militant attack on the Trans Forcados Pipeline in February 2016, the terminal was placed under force majeure. There was a brief resumption during the autumn of 2016 but militants attacked the facility again and the force majeure remained in place. Forcados is Nigerias main oil export terminal.

Forcados usually exports up to 240,000 bpd, bring the West African country back to around the 1.8mn bpd level which the government wanted to achieve prior to joining the OPEC output cuts. However, Nigeria is now exempt from these cuts and production is on the rise.

Following the lifting of the force majeure, indigenous Nigerian oil company Seplat issued a statement saying it has been able to "successfully reinstate gross production at OMLs 4, 38 and 41 to pre-force majeure levels of around 75,000 bpd and 290 MMscfd." 

Commenting on the operational update Austin Avuru, Seplat’s Chief Executive Officer, said: “The resumption of exports at the Forcados terminal has enabled us to very quickly de-constrain production, and in doing so once again demonstrate Seplat’s strong underlying fundamentals.  Our focus now is on restoring production and cash flow momentum whilst also establishing longer-term access to multiple export routes.  Whilst the lifting of force majeure is welcome news we continue to monitor the situation closely and, dependent on performance in the interim period, will seek to resume formal production guidance at our half-yearly results to be released on 27 July 2017”.  

The International Energy Agencys latest report on energy technology trends, as well as technological advances, will play out in the next four decades to reshape the global energy sector


Energy Technology Perspectives 2017 (ETP) highlights that decisive policy actions and market signals will be needed to drive technological development and benefit from higher electrification around the world. Investments in stronger and smarter infrastructure, including transmission capacity, storage capacity, and demand side management technologies are necessary to build efficient, low-carbon, integrated, flexible and robust energy system. 

Still, current government policies are not sufficient to achieve long-term global climate goals, according to the IEA analysis.

Only three out of 26 assessed technologies remain "on track" to meet climate objectives, according to the ETPs Tracking Clean Energy Progress report. Where policies have provided clean signals, progress has been substantial. However, many technology areas suffer from inadequate policy support.

"As costs decline, we will need a sustained focus on all energy technologies to reach long-term climate targets," said IEA Executive Director Dr Fatih Birol. "Some are progressing, but too few are on track, and this puts pressure on others. It is important to remember that speeding the rate of technological progress can help strengthen economies, boost energy security while also improving energy sustainability."

ETP 2017s base case scenario, known as the Reference Technology Scenario (RTS), takes into account existing energy and climate commitments, including those made under the Paris Agreement. Another scenario, called 2DS, shows a pathway to limit the rise of global temperature to 2ºC, and finds the global power sector could reach net-zero CO2 emissions by 2060.

A second decarbonisation scenario explores how much available technologies and those in the innovation pipeline could be pushed to put the energy sector on a trajectory beyond 2DS. It shows how the energy sector could become carbon neutral by 2060 if known technology innovations were pushed to the limit. But to do so would require an unprecedented level of policy action and effort from all stakeholders.

Looking at specific sectors, ETP 2017 finds that buildings could play a major role in supporting the energy system transformation. High-efficiency lighting, cooling and appliances could save nearly three-quarters of todays global electricity demand between now and 2030 if deployed quickly. Doing so would allow a greater electrification of the energy system that would not add burdens on the system. In the transportation system, electrification also emerges as a major low-carbon pathway.

The report finds that regardless of the pathway chosen, policies to support energy technology innovation at all stages, from research to full deployment, will be critical to reap energy security, environmental and economic benefits of energy system transformations. It also suggests that the most important challenge for energy policy makers will be to move away from a siloed perspective towards one that enables systems integration.

Dow has a presence in Egypt and Libya and hopes to expand into Nigeria. Adriano Gentilucci, commercial director − IMEA for Dow Oil, Gas & Mining, speaks to Oil Review Africa about the company’s ambitions on the continent

More Articles …