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The 20th World Petroleum Congress (20th WPC) Organizing Committee has issued its Final Call for Projects, inviting oil and gas companies to share their knowledge and expertise with delegates and attendees at the industry’s largest and most prestigious oil and gas event, being held in Doha in December.

The Potential Gas Committee’s (PGC) 2010 biennial report: Potential Supply of Natural Gas in the United States finds nation possesses an undiscovered natural gas resource potential of 1,898 Tcf, the highest resource evaluation in the PGC’s 46 year history — exceeding by 61 Tcf the previous record-high assessment from year-end 2008.

Williams Partners L.P. has completed the acquisition of an additional 24.5% interest in the Gulfstream interstate gas pipeline system from Williams for $330 million.

A new pipeline safety bill started its trek through Congress May 5 when the Senate Commerce Committee passed The Pipeline Transportation Safety Improvement Act (S. 275). The mild bill is largely unobjectionable to the gas and liquid pipeline industries, but neither does it grant INGAA's long-standing top priority: adopting a risk-based approach to retesting of pipelines in high consequence areas (HCAs).

Kinder Morgan Energy Partners, L.P. has agreed to pay $855 million to Petrohawk Energy Corporation and assume $65 million in debt for Petrohawk’s 50% interest in KinderHawk Field Services.

The Interstate Natural Gas Association of America Foundation met April 6-8 at the Las Colinas Four Seasons resort in Irving, TX with a tight schedule focusing on pipeline safety, public outreach and preparing for an uncertain future. Attendance was strong, although not a record, with 175 participants.

Saipem has been awarded new E&C Offshore contracts worth in excess of $1 billion in China and Brazil.

NYSEARCH is leading a validation effort of a new non-contact method for inspecting steel pipelines known as Magnetic Tomography Method (MTM). MTM has been developed by Transkor-K of the Russian Federation and has been used for pipeline inspections worldwide.

Statoil has awarded Subsea 7 S.A. the Fossekall-Dompap marine installation and pipelay contract in the Norwegian Sea.

The escalating worldwide demand for oil and the continuously rising prices are driving oil companies to explore new oil field resources. However, exploration also incurs increasing expense in terms of technology. Many of these projects have a common need in that natural gas, which is associated with crude oil, has to be re-injected into the reservoirs.