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| Latest News |
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Colombia: petrochemical complex
Mustang, a Wood Group company, has been awarded a contract by Columbia-based Ecopetrol to perform conceptual engineering and technology evaluations to optimize the production of polymers at Ecopetrol's grassroots integrated petrochemical complex in Colombia. The study is part of Ecopetrol's Petrochemical Master Plan. The study will look at ways to achieve maximum revenue from the production of polyethylene, polypropylene and aromatics products from ethane, LPG and naphtha feeds from the Barrancabermeja and Cartagena refineries and the Cusiana gas fields. Location options for the new facility include Ecopetrol's Cusiana or Cartagena sites. |
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Poland: biomass power plants
Ruukki has agreed to a contract to deliver the steel structures for a new unit to be built at the Polaniec power plant. The unit will be one of the world's largest power plants fuelled by biomass. The contract is worth nearly EUR 13 million and includes the manufacture, delivery and installation of the steel frame structures and foundations for the boiler and auxiliary equipment buildings. The size of the new power plant unit is reflected in the fact that the around 2500sq/m boiler plant will be almost 67m tall, roughly the height of a 20-storey building. The new unit will be commissioned to ward the end of 2012. After the new unit is commissioned, the entire Polaniec power plant, the largest in SE Poland, will have an output of over 7 terawatt-hours of power energy per year, equal to the supply for over 2 million households. Manufacture of the steel structures will begin at Ruukki's plant in Oborniki, Poland in August. Deliveries will last about seven months. In the project, Ruukki's customer is Foster Wheeler Energia Polska, which is part of the Foster Wheeler Global Power Group. The developer is GDF SUEZ Energia Polska S.A. The power plant unit will be located on the Vistula river, near Polaniec in the Swietokrzyskie voivodeship. |
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Germany: cogeneration plant
Foster Wheeler AG has announced that a subsidiary of its Global Engineering and Construction Group has been awarded an engineering, procurement and construction management contract by Dow Deutschland Anlagengesellschaft mbH for a new cogeneration facility to be installed within Dow’s existing chemical complex at Stade. The new plant consists of three gas turbogenerators, heat recovery steam generators and combined steam turbogenerators, and electrical infrastructure, offices, storage and utilities. The plant, expected to start operation in early 2013, will be designed to have a capacity of 150 megawatt electric and associated co-generated steam. |
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Nuclear testing facility
Tyco Flow Control has opened a USD 25 million Advanced Nuclear Testing & Development Facility in Mansfield, Massachusetts. According to officials at Tyco Flow, the new facility is intended to “help meet the world’s growing nuclear power generation needs,” and is one of the largest testing facilities of its type in the world. The facility covers 118,000sq/ft, in which nuclear design and engineering firms can develop and test critical safety-related valves and controls used by large-scale reactors. |
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Flowserve buys Valbart
Valbart has announced that it has been acquired by Flowserve Corp. for USD 200 million. Valbart, a manufacturer of trunnion-mounted ball valves (TMBVs) used primarily in the oil and gas industry, is a privately owned, Italy-based manufacturer of API 6A and API 6D TMBVs in split-body, all-welded, and top-entry configurations. President and CEO Mark Blinn said the company’s technology and market position in the upstream and midstream oil and gas markets, and growth potential, make it a compelling strategic fit for Flowserve. The move will immediately give Valbart’s Mezzago operation a more global perspective and scale. As part of the acquisition Valbart will be renamed Flowserve Valbart. Within the Flowserve structure the local management will continue to act as a stand-alone company with control over their own resources and strategy. Flowserve manufactures fluid motion and control products, including engineered and industrial pumps, seals and valves, as well as a range of related flow-management services. |
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Metso acquires Wyesco
Metso has announced that it has acquired the service business of Wyesco of Louisiana L.L.C., located in Slaughter, Louisiana, USA. The acquired business, employing 30 persons, will be affiliated to Metso’s Paper and Fiber Technology segment as of 19 July 2010. The new business will operate under the name Metso Wyesco Service Center. Wyesco of Louisiana L.L.C. has operated in the service business for over 10 years and recently has been Metso’s licensed repair facility for the repair of certain pulp mill components. The repair facility has grown to become one of the most diverse ones in the US. The repair services provided cover digester components such as high & low pressure feeders, top separator screws & baskets, chip feeders and steaming screws. In addition, the Metso Wyesco Service Center has the expertise to repair thick stock and MC pumps, vacuum pumps, gear reducers, process pumps, woodyard equipment, mixers, circulators, agitators, pulper rotors and conveyors. |
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Six nuclear units planned for China
The director of the Nuclear and Radiation Safety center of the Ministry of Environmental Protection, Jiashu Tian, has announced that China is expecting to begin construction on six new nuclear power units this year. The units will be located in Ningde in the Fujian province, Changjiang in the Hainan province and Fangchenggang in the Guangxi region, with a total planned capacity of about 5300MW. To date, China has 11 nuclear power units with an installed capacity of 9.08GW in operation and 25 nuclear power units with an installed capacity of 15.1GW under construction. Another 18 units with an installed capacity of about 20.4GW are awaiting approval, including projects in places such as Tianwan in the Jiangsu province, Sanmen in the Zhejiang province, Haiyang of Shandong province, Taohuajiang in the Hunan province, Xianning in the Hubei province and Nanyang in the Henan province. Such a boom in nuclear power construction has gone far beyond the national plans to increase nuclear capacity. The total number of nuclear power units in operation, under construction and in planning has reached 60, and the installed capacity of these units has reached about 60GW, which is 50% higher than the installed capacity planned for 2020 in the Middle and Long-term Development Plan for Nuclear Power (2005-2020), which was issued in 2007. |
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Norway: Kårstø Life Extension project
Foster Wheeler AG has announced that its Global Engineering and Construction Group has entered into a Framework Agreement, awarded by Statoil, acting on behalf of Gassco AS as operator for the Gassled joint venture, for front-end engineering design (FEED) services valid through 2013 to support the development of the Kårstø oil and gas processing plant in Norway. The Kårstø processing plant is ranked as the third largest liquid petroleum gas export facility in the world. Statoil is modifying, on behalf of Gassco, the processing plant, via the Kårstø Life Extension project, to enable it to process new light oil/condensate production coming on stream in the Norwegian North Sea. The Framework Agreement covers a series of different FEED projects. Foster Wheeler has been awarded the first FEED call-off contract for the Gudrun Onshore Modifications project, the objective of which is to enable the Kårstø plant to process light oil from the new Gudrun Field. Gassco is operator for the Kårstø terminal, which is owned by the Gassled joint venture, with Statoil as the technical service provider. |
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Nigeria and China: refinery agreement
Nigeria and China have signed an agreement to build the West African nation's biggest oil refinery at a cost of USD 8 billion. The 300,000bpd refinery will be located in the Lekki Free Trade Zone in Lagos state. China State Construction Engineering Corp. will take up 80% of the project funding, while government-owned Nigerian National Petroleum Corp. will be responsible for the rest. Nigeria’s four existing refineries have a combined capacity of 445,000bpd. As they are unable to operate at full production because of ageing equipment and poor maintenance, Africa's largest crude oil producer has to depend on imports to meet its oil-product needs. |
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Israel: hydrocracker project
Oil Refineries Ltd and the syndicate of local banks led by Bank Hapoalim, has signed an agreement for a loan of USD 600 million, as part of a financing program of USD 900 million, to continue the implementation of the company's strategic plan and its additional credit needs until the end of 2012. The hydrocracker which will be set up at the Haifa refinery, with an expected investment of USD 500 million, whose primary products are diesel fuel and kerosene (jet fuel), is expected to be operational in early 2012. The hydrocracker unit will allow, once operated, production of more distillates with higher added value per barrel, and will increase the flexibility of the refinery in its selection of raw materials and product mix, to suit changing market conditions. Repayment of the principle of the loans will commence only 12 months after the hydrocracker begins its operations, which is sufficient time after the Company is expected to begin enjoying the added value provided by the unit. |
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