Business – May 2019

May 2019

People Making News

Dutch offshore service provider Ampelmann opened a new office in Sakhalin, Russia, and is manning it with full-time team of operations engineers – Cyril Kooijmans and Roman Andreev.

Ampelmann has been operating in Sakhalin since 2014 when it started working with oil and gas company Sakhalin Energy to provide offshore personnel for oil and gas platforms at sea in harsh conditions.

Source: Ampelmann
Source: Ampelmann

Engineering services firm Stress Engineering Services promoted Kenneth Bhalla to chief technology officer. Previously, he led the company’s drilling, completion and intervention systems sub-practice and was one of the key architects of the company’s Realtime Fatigue Monitoring System.

Michels Welding Superintendent Charles “Buddy” Kervin was named Man of the Year by United Association of Journeymen and Apprentices of the Plumbing and Pipe Fitting Industry of the United States and Canada. Kervin entered the pipeline industry in 1955 and has been a welder since 1962. He has been involved in several pipeline project in the United States throughout the past five decades.

PipeLine Machinery International (PLM) announced the retirement of Gerald “Gerry” Grothe. For more than 40 years, Grothe sold heavy and rented equipment, primarily for the pipeline industry. He began his career with Fabick Tractor in 1975 when the Alaska pipeline was under construction.

Gerald "Gerry" Grothe
Grothe

Tallgrass Energy promoted Chief Operating Officer Bill Moler to president. David G. Dehaemers Jr. remains CEO and Moler will retain his current COO title.

Bill Moler
Moler

Sam Sebo joined Construction MediCamp as business development manager. The company provides temporary job-site medical clinics and ancillary services to energy and construction companies. Sebo previously worked as a project developer at Allan Edwards, improving buoyancy products for pipeline construction.

Shawn Fields joined Western Land Services as president in the company’s Oklahoma City office.  He moved to WLS from NextEra Energy Resources where he was executive director of Upstream Development.

Fields
Fields

Neil Smith has been hired to develop CCI & Associates Engineering and EPC capabilities for specialized projects from the Houston office. He has 30 years’ experience with horizontal directional drilling.

Equitrans Midstream appointed Stephen M. Moore as senior vice president and general counsel.  He previously worked as a special project counsel for UGI Corporation.

Moore
Moore

Businesses Making News

Medallion Delaware Express and Medallion Pipeline Company began an open season for long-term commitments to support an expansion of the Delaware Express and Medallion pipeline systems for an expanded joint tariff service. The existing Delaware Express pipeline system aggregates crude oil produced on two gathering systems in Reeves, Pecos and Ward counties, located in the southern Delaware Basin. It transports the crude oil on a 61-mile, 16-inch mainline to interconnections with downstream pipelines, including Medallion.

Private equity TPG Capital will acquire a majority share of Goodnight Midstream, a U.S. pipeline company that transports water to and from oil and gas drilling sites, for $930 million. TPG will contribute $300 million to expand Goodnight’s 420-mile pipeline network in three U.S. shale basins, the company said.

Nuevo Midstream Dos will purchase Republic Midstream, which owns and operates a crude oil gathering, storage and intermediate transportation system in the Eagle Ford Shale. The assets include 100 miles of gathering pipeline and a 26-mile intermediate pipeline.

A subsidiary of WPX Energy and its joint venture partner in the Oryx II pipeline signed agreements to sell the project. Once the deal closes, WPX expects net proceeds of about $350 million for its 25% equity interest after adjusting for debt financing related to Oryx II.

Williams sold its 50% interest in Jackalope Gas Gathering Services to an affiliate of Crestwood Equity Partners for $484.6 million. Prior to the transaction, Crestwood served as the marketer and Williams was the operator for the 50-50 joint venture. Crestwood assumed operatorship of Jackalope.

Quorum Software completed the acquisition of Houston-based Coastal Flow Measurement, a family of energy measurement services and software companies. This transaction includes Flow-Cal, Inc., a subsidiary of Coastal Flow that provides gas and liquid measurement software purpose-built for the hydrocarbon measurement industry.

Concho Resources, the owner of the Oryx oil gathering and transportation system, sold its Permian-based pipeline operator, Oryx Midstream, to Stonespeak Infrastructure Partners in a $3.6 billion transaction.

Equitrans Midstream Corporation and EQM Midstream Partners acquired a 60% interest in Eureka Midstream Holdings and 100% interest in Hornet Midstream Holdings in a transaction valued at $1.03 billion.

CSI Compressco completed the relocation and expansion of its East Texas facility from Longview to Kilgore, Texas. The 10,000-square-foot shop facility provides a significant increase in compressor fleet repair and overhaul services.


Organizations Making News

Angela Kolar, Colonial Pipeline’s vice president of Operations Services, has been selected to chair the Pipeline Safety Management System (SMS) industry team. The team represents oil and gas industry pipeline operators and trade associations in efforts to improve performance. Members include the American Petroleum Institute (API), the Association of Oil Pipe Lines, the Interstate Natural Gas Association of America, the American Gas Association, the American Public Gas Association and the Canadian Energy Pipeline Association.