India and Sri Lanka in Talks on Planned Multi-Product Oil Pipeline Aimed to Strengthen their Ties
A discussion was held between India and Sri Lanka for a planned multi-product oil pipeline from Nagapattam, India to Trincomalee Tank Farm and Colombo in Sri Lanka at the India Energy Week held in Goa. Feb 10, 2024 The Government of India through Indian Oil Corporation (IOC) has submitted a preliminary plan to Mr. Kanchana […]
Tenaris Acquires isOplus’ Oil, Gas Division with USD 10 Million Investment, Expands Line Pipe Coating Business
Tenaris acquired isOplus’ oil and gas division, under the name of Tenaris Coating Italy, with a USD 10 million investment. As per Mr. Andrea Previtali , Tenaris Vice President Line Pipe and Process, and President of the newly acquired company, this investment enhances Tenaris’ value proposition in the offshore market. Jul 3, 2023 Tenaris has […]
BAFS to Construct a 52-Km Oil Pipeline in Bangkok at USD 35 Million Cost
Bangkok Aviation Fuel Services Plc (BAFS), Thailand, is planning to construct a 52-kilometer pipeline to ease the transportation of fuel from the refinery based in the Eastern Bangkok region to its Northern region-based requirements. An investment of USD 35 million is estimated. Jun 15, 2023 Bangkok Aviation Fuel Services Plc (BAFS), Thailand, intends to construct […]
Iraq & Turkey to Discuss Resuming Operations of 970 km Iraq-Turkey Oil Pipeline
Iraq and Turkey officials will meet in Baghdad for discussion regarding the resumption of the Iraq-Turkey Oil Pipeline, with negotiations headlined by the International Chamber of Commerce (ICC). The two parties reportedly agree on the necessity to resume oil exports as soon as possible. Jun 16, 2023 Iraq and Turkey will reportedly be in talks […]
Iraq Allocates USD 417 Million for Its 3rd Offshore Oil Export Pipeline
The Government of Iraq has allocated USD 417 million for the construction of a third offshore oil export pipeline. The tenders are being invited from both domestic and international companies. May 31, 2023 The Government of Iraq has allocated USD 417 million for the construction of a third offshore oil export pipeline. The Basra Oil […]
130 km India-Bangladesh Cross-Border Oil Pipeline gets Automation, Control Solutions from ABB India
ABB India has supplied Numaligarh Refinery Ltd with ABB Ability™ SCADAvantage integrated automation and control solutions to monitor and manage a 130 km cross-border oil pipeline between India and Bangladesh. Mar 31, 2023 The 130 km Indo-Bangladesh Friendship Pipeline (IBFPL) has received integrated automation and control solutions at the Numaligarh Refinery Ltd (NRL) from […]
INR 377.08 crore investment for 130 Km long 1 Million Metric TPA Indo-Bangla Friendship Pipeline
The international oil pipeline, with a capacity of one million metric tonnes per annum (MMTPA), will receive INR 91.84 crore for the India portion of the pipeline, while an additional INR 285.24 crore is being funded by the Indian government for the Bangladesh portion. The Indo-Bangla Friendship Pipeline (IBFPL), with a length of 130 km […]
Africa: Longest Oil Pipeline Being Constructed in Niger
Having a length of about 2,000 km – out of which 1,250 km comes in Niger itself – the oil pipeline will connect oil wells in the eastern region of Agadem. November 2, 2022 The longest oil pipeline in Africa is being constructed at Gaya, which is located in southwest Niger, near the border with […]
Steadfast Oil Supply Assured for Northern Region as India-Bangladesh Pipeline Nears Completion
The trans-national oil pipeline between India and Bangladesh is expected to deliver the capacity of one million tonne of fuel per year. The 131 km pipeline making its way through Siliguri, West Bengal to Parbatipur, Dinajpur is slated to be operational by December 2022. Dhaka, Bangladesh-headquartered Bangladesh Petroleum Corporation (BPC), the public sector enterprise, asserts […]