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The Middle East will be a key market for oilfield services companies for decades to come as countries across the region seek to maximize recovery from maturing assets and bring new fields into production, reports energy specialist corporate advisory firm Simmons & Company International Ltd.

Although the total tonnage of transport pipe needed in North America was down as of late summer, that has not been due to decreased construction activity ahead. Rather, it reflects NGL and oil pipes crowding out demand for large-diameter gas transmission pipe, and the prevalence of reversals and conversions of existing pipe, according to a report by Amanda Eglinton, senior research analyst for IHS Global Insight.

New incentives offered as part of Pakistan’s latest policies for petroleum resource production seem to be proving an attractive prospect for potential investors. However, an equally effective shale gas policy appears more unlikely, according to research and consulting firm GlobalData.

The new Cat 586C Site Prep Tractor is a multi-purpose, heavy-duty machine with enough muscle to run power-hungry mulchers and brushcutters needed for clearing pipeline rights-of-way.

GLENDIVE, Mont. (AP) — Workers recovered about 10,000 gallons of oil from a ruptured pipeline that spilled crude into Yellowstone River and contaminated the drinking water supply of an eastern Montana city downstream.

OPEC will stand by its decision not to cut output even if oil prices fall as low as $40 a barrel and will wait at least three months before considering an emergency meeting, said the United Arab Emirates’ energy minister on Dec. 15, according to Bloomberg.

Aberdeen, Scotland-based Forth Inspection Service hired advanced non-destructive testing (NDT) equipment from Ashtead Technology to develop test methods as part of the quality-control procedures for new gas pipelines.

The owners of WHC Inc. have decided to transition ownership to its senior management and their equity partner, Alvarez & Marsal Capital Partners (AMCP). This corporate recapitalization will provide the foundation for sustainable growth in a growing market.

Matrix Service Company’s subsidiary, Matrix Service Inc., has been awarded an engineering, procurement and construction contract by North Dakota Pipeline Company (NDP), a subsidiary of Enbridge Energy Partners.

Freeport LNG Expansion received final approvals for its proposed natural gas liquefaction and LNG export facility on Quintana Island, near Freeport, TX.