Projects

Plains All American Pipeline, L.P. (PAA) is proceeding with its Phase IV expansion at the Partnership's St. James, Louisiana terminal facility. This USD 50 million expansion will involve the construction of an additional 1.

Saipem has won a new EPC Lump Sum contract by Canadian Natural Resources Ltd. The project includes the engineering, procurement and construction of a secondary upgrader with a production capacity of 42,599 BPSD (barrels per stream day) of hydrotreated gas oil, as part of the Horizon Oil Sands Project (Hydrotreater Phase 2) in Alberta, Canada.

Kinder Morgan Energy Partners, L.P. (KMP) announced it will build and operate a new 136mi, 16in pipeline to transport gasoline, jet fuel and diesel from refineries in Norco, Louisiana, to an existing petroleum transportation hub in Collins, Mississippi.

Sasol Ltd. (Sasol) has set its sights on building a plant, at a cost of up to USD 10 billion, that would convert natural gas into diesel. Last week, the company’s board approved an 18 month feasibility study for the project, which would be constructed on land adjacent to Sasol's existing chemical facility in Louisiana.

GE Oil & Gas has signed contracts totaling more than USD 15 million to provide subsea systems to Centrica Energy Upstream of Aberdeen for use in projects in the North Sea and the Irish Sea. GE reported at Offshore Europe 2011 that it will supply 4 SVXT subsea tree systems for fields in the UK Southern North Sea gas basin and the East Irish Sea, and one MVXT system for use in the UK Central North Sea.

Chevron Corp. will likely reach an agreement with state-run PetroVietnam by late September to jointly finance and build a USD 7 billion project in Vietnam.

ConocoPhillips (COP) expects to complete the spinoff of its refining arm in the second quarter of 2012. Under the deal, stockholders will receive one share in the new refining company for every two ConocoPhillips shares they presently own.

Primoris Services Corp. has won new contracts for pipeline projects in California, Pennsylvania, and Wyoming with an estimated total value of USD 56.5 million. The Underground division of Primoris's wholly owned subsidiary, ARB, Inc.

The Jefferson County Commissioners have thrown their support behind the Keystone XL crude oil pipeline just days after the U.S. State Department issued its final Environmental Impact Statement for the project.

UOP LLC, a leader in petroleum refining, gas processing, petrochemical and biofuels technologies, will open a new office in Rio de Janeiro, Brazil, to accommodate the growing oil and natural gas sector in Latin America.