Business News

December 2016

Sheehan Construction’s Riess elected INGAA Foundation chairman

The INGAA Foundation’s board of directors elected Robert A. Riess, Sr., president and chief executive officer of Sheehan Pipe Line Construction Co., as its new chairman for a one year-term beginning November 7, 2015.

“Rob has extensive experience in pipeline construction, and he understands what it takes to build a natural gas pipeline safely and on time. This experience and insight make him ideally suited to take the reins as chairman of the INGAA Foundation for the coming year,” said INGAA Foundation President and Chief Executive Officer Don Santa.

The INGAA Foundation brings together pipeline operators and contractors—including construction companies, pipe mills,  engineering companies, consultants, environmental and safety groups and others—to facilitate the efficient construction and safe and reliable operation of the North American natural gas pipeline system. The Foundation’s flagship study, a long-term forecast of midstream natural gas, oil and NGL infrastructure needs, is slated to be updated in 2016. The report was last updated in 2014.

“I’m excited about taking the helm of the INGAA Foundation,” Riess said. “My priority in the coming year is to help build an even stronger safety and quality culture within the pipeline industry. Last year, we expanded the Foundation’s safety committee to include quality. We believe it is imperative to ensure that the materials and services provided to the pipeline industry are of the highest quality to ensure both public and worker safety.”

Riess, who worked with Sheehan Construction in 1991-95, rejoined Sheehan in 2004 as its president. In 2006, he became a partner in the firm and added the role of CEO.

Earlier in his career, Riess worked with Texas Eastern Transmission Co.’s construction department in various roles, including manager of construction and general manager of environmental services. He also worked for construction company ARB Inc., as a vice president responsible for the company’s underground division, which consisted primarily of pipeline construction east of the Rockies.  Riess also managed the company’s horizontal directional drilling division and its international operations.

At the 2015 INGAA Foundation Annual Meeting in Key Biscayne, FL, Riess addressed major U.S. pipeline projects certificated from January 2005 to September 2015. This came to 10,562 miles of pipeline with a transportation capacity of 103.9 Bcf/d.

Riess also presented pending major pipeline projects in the U.S. as of September 2015, which came to 3,465 miles of pipeline with a transportation capacity of 44.46 Bcf/d. He gave pipeline construction outlooks for the next three years, addressed industry challenges and concerns, and industry opportunities.

NDT appoints new head of Middle East business

NDT Global announced the appointment of Andreas Haindl as CEO of the Middle East Operating Company. Haindl will be based in our Dubai office which services the needs of NDT’s customers in both Middle East and India.

Haindl joined NDT Global in 2012 and was most recently responsible for managing NDT’s key account management function in Germany. Prior to joining NDT Global he worked for 10 years in the telecommunications services industry, in senior account and program management roles.

Bolton leaves Volvo and starts Red Beard Fleet Management Services

After nearly 20 years in the construction equipment business, Jack Bolton has left Volvo Construction Equipment to start his own fleet management services.

“It was tough to leave Volvo after so long, but I felt like now is the time to try something new.  And I really feel passionately about what this company will be doing. It really needs to be done.”

Red Beard Fleet Management Services will confidentially and impartially offer construction equipment users four distinct cost-reducing services:

  1. Asset Tracking through Telematics
  2. Asset Utilization Analysis
  3. Fleet Optimization Consulting
  4. Procurement Services

“Knowing what equipment you’ve got where is step one. The valuable data when you looking at the changes week to week,” says Jack. “Looking at a list of equipment with hours and location is just a snapshot. Contractors need to know what’s happening with that machine over time…is it being fully utilized or does it need to be sent to another job…or turned in off rent?”

“Nobody intends to waste money on machines that are too big for the application…or on a quantity of units that were ordered ‘just to be on the safe side’, but we’re all so busy. Often, nobody looks at this stuff until after the job’s done during the P&L audit. By then it’s too late.”

“This is not complex, but it requires time and effort to ensure the assets are being properly utilized.  I will use simple tools and common sense to fill the need in the industry.”

Red Beard will initially focus on general and pipeline contractors, earthmovers, materials producers and the waste and scrap industries.

Henkels & McCoy opens Midwest pipeline division in Monee, IL

Henkels & McCoy Inc. (H&M) announced the opening of its new Midwest Pipeline Division office located at 26226 S. Cleveland Drive, Monee, IL, 60449, Phone: (708) 457-7330. With an emphasis on integrity management projects, the office will enable H&M to reach a wider group of customers while providing the same exceptional services that all of H&M Pipeline Division’s valued clients have come to expect.

The Midwest Pipeline Division office will be managed by Nicholas Gryga, Midwest Area Manager. “With boots on the ground in this important Midwest region, H&M’s Pipeline Division is ready to roll out and perform with utmost professionalism with a sharp focus on safety and quality,” Gryga said. “Our success depends on the safe completion of every project, on time and on budget.”

GE and Baker Hughes create new $32B company

GE and Baker Hughes announced that the companies have entered into an agreement to combine GE’s oil and gas business and Baker Hughes to create a world-leading oilfield technology provider with a unique mix of service and equipment capabilities. The “New” Baker Hughes will be a leading equipment, technology and services provider in the oil and gas industry with $32 billion of combined revenue and operations in more than 120 countries. By drawing from GE technology expertise and Baker Hughes capabilities in oilfield services, the new company will provide best-in-class physical and digital technology solutions for customer productivity.

Noble Energy Partners acquires Montana Pipeline

 

Noble Energy Partners has purchased additional assets with a combined value of $27.5 million. The company will purchase 100% WI in a 33 MMcf/d gas-processing facility with pipelines for $15 million as well as a retail propane business, which has a five-year supply deal associated with the gas processing facility in a deal expected to close by year’s end.

The system consists of approximately 51 miles of 2-inch to 8-inch (nominal ID) gathering laterals and ancillary facilities designed to gather gas from wells in Sweetwater County, WY. The gathering system includes all gathering pipe, meters, valves, fittings, and other appurtenant facilities.  The approximate physical location of the gathering system comprising of 44 miles of 8′ diameter pipeline, approximately 4-inch pipeline, and associated equipment.