Connecting to LinkedIn...

W1siziisijiwmtuvmdqvmtuvmdgvntqvmzgvnzi1l01ptlrbu0hfqkxpr19vtljftkrfukvex0lnqudfx3jlc2l6zwrfyw5kx3jlbmrlcmvklmpwzyjdlfsiccisinrodw1iiiwimtkymhgxmjuwiyjdxq

Blog

Enbridge to build $130 million oil pipeline in Gulf of Mexico

15/01/2015 by Sharon Shahzad

W1siziisijiwmtuvmdevmtuvmtmvndgvmdqvmtixl2hpx2vuynjpzgdllmpwzyjdlfsiccisinrodw1iiiwinjawedqwmfx1mdazzsjdxq

Enbridge Inc. will build a $130 million crude oil pipeline in the Gulf of Mexico to connect a planned Hess Corp. deepwater development to existing pipelines offshore. The company expects to complete the pipeline by 2018.

In a Tuesday (Jan. 12) statement, the Canadian energy transportation firm said the pipeline would be 16 miles long, originating at the Hess Stampede project in the Green Canyon region of the Gulf of Mexico about 220 miles southwest of New Orleans.

The pipeline will connect the development to a third-party pipeline system in order to bring crude onshore.

In October, Hess and its partners made the final decision to invest $1.5 billion in the Stampede development. The oilfield, located in more than 3,500 feet of water, is estimated to hold about 350 million barrels of recoverable oil.

The company plans to drill six production wells and four water injection wells to encourage oil production.
Hess, Norway's Statoil, Union Oil Co., a Chevron subsidiary, and Canada's Nexen each own a 25 percent interest in the development.

Enbridge's offshore assets off the Louisiana and Mississippi coasts include interest in 11 natural gas gathering and transport pipelines as well as one crude oil pipeline.

This article has been extracted from http://www.nola.com, please click on this link to read the article in full http://www.nola.com/business/index.ssf/2015/01/enbridge_to_build_130_million.html

Montash is a multi-award winning global technology recruitment business. Specialising in permanent and contract positions across mid-senior appointments across a wide range of industry sectors and IT functions, including:

ERP, BI & Data, Information Security, IT Architecture & Strategy, Energy Technology, Demand IT and Business Engagement, Digital and E-commerce, Leadership Talent, Infrastructure and Service Delivery, Project and Programme Delivery.

Montash is headquartered in Old Street, London, in the heart of the technology hub. Montash has completed assignments in over 30 countries and has appointed technical professionals from board level to senior and mid management in permanent and contract roles.

comments powered by Disqus

Social Stream

Latest News

W1siziisijiwmtcvmdgvmtqvmtmvmjcvmjgvnja2l2nsb3rozxmuanbnil0swyjwiiwidgh1bwiilcizodb4mtawiyjdxq

In Her Shoes... From Market Stall to Recruitment

2017-08-14 14:00:00 +0100

From the melee of the market stall to placing candidates in high-flying IT roles, life's always on the up from market-trader-turned-recruiter, Lois Hinken (22). She took the time to talk to us about how her experience in the cut throat world of the market has helped her in the world of global talent acquisition. As a 360 recruitment consultant for Montash, her negotiation skills and "go get it" attitude have helped her thrive. "I started working on the ...

W1siziisijiwmtcvmdgvmdcvmtmvmtcvntqvnze3l1vudgl0bgvkigrlc2lnbiaomikuanbnil0swyjwiiwidgh1bwiilcizodb4mtawiyjdxq

Will AI Cost Us Our Humanity?

2017-08-07 15:00:00 +0100

As technology evolves, artificial intelligence is becoming increasingly mainstream, and it will inevitably start to impact the way we interact. On the one hand, AI has the potential to solve a variety of problems and streamline our lives and our work. But will this come at the cost of the all-important human touch? A foreshadowing statistic claims that by 2020, 85% of client interactions will be managed without a human[1]. But can there really be an alg...