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| Latest News |
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Egypt: thermal power plant
The Egyptian Ministry of Electricity and Energy will bid a build own and operate (BOO) a 1500MW thermal power plant. Under BOO project criteria, Egyptian Electricity Transmission Co. will purchase the energy produced by the project for 20 years. The power plant will be built in the Dirout village of Beharah County. The establishment of the power plant is part of a comprehensive program to attract local and foreign investment to contribute to secure power supply for all development projects, industrial, agricultural, commercial and residential, all over the republic to cope with growing energy demand. Dr Hassan Yunis, the minister of electricity, said that the electricity sector is working on future planning to meet the requirements of future generations, and is developing three projects in Egypt with a capacity of 2000MW, incorporating build-own-operate-transfer contracts for up to 25 years. |
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Subsea contract in the Mediterranean Sea
Technip has been awarded a lump sum contract by Repsol Investigaciones Petroliferas SA for the development of two fields located 50km off the east coast of Spain. Technip’s scope includes engineering, supply, installation and pre-commissioning of the 11km flexible pipeline system that will connect two production wells to the Casablanca platform. This pipeline system will include a riser, a flowline and two jumpers. Technip will also install a pumping manifold, umbilicals and flying leads provided by the client. The project is located in a fishing area. To protect fishing lines, the flexible pipelines and umbilicals will therefore be trenched. Technip’s operating center in Paris, France, will execute this contract. All flexible pipelines will be fabricated at the Group's plant in Le Trait, France. Offshore installation is scheduled to be carried out in the first half of 2011, using the Deep Constructor, one of Technip's deepwater construction vessels. |
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Nuclear actuator training
Sipos Aktorik has reported growing demand for its nuclear sector training program. The company's role providing training and revisions is expanding and current work includes support for five large nuclear power plants. Sipos Aktorik has developed a rotary actuator range specifically to meet the demands of the extreme conditions of nuclear applications. The Sipos safety relevant SIWI series is available in standard duty 10-3,000Nm and modulating duty 20-2000Nm. A corresponding SIWI-AS product range offers safety relevant and designed-fault resistant (LOCA) features. |
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Solar power contract in Spain
Fluor Corp. has announced that Elecnor S.A. has awarded the company an engineering services contract for a new 50MW concentrating solar power (CSP) plant in Badajoz, Spain. Fluor will provide detailed engineering and other associated services for the project. When complete, the 50MW CSP generating facility will capture solar energy using parabolic trough mirrors and will ultimately convert the energy into electricity through a steam turbine generator. The project is underway with engineering expected to be complete by the second quarter of 2011. Fluor's Asturias and Madrid, Spain, operations will lead the engineering effort with support from its southern California operations center. Fluor has been providing front-end support work to Elecnor for this project since early in 2009. |
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Australia: Surat LNG pipeline
The Queensland state government has issued the first licence for a gas pipeline from the Surat Basin to Gladstone in central Queensland. Arrow Energy is planning to build a LNG facility on Curtis Island near Gladstone and hopes to start exporting in 2012. The government has approved a 470km long pipeline from Dalby which will cost USD 550 million. Mr Gareth Quinn spokesman of Arrow Energy said that the company is also planning to build a pipeline from Moranbah to Gladstone. |
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Romania to ink gas pipeline deal
Mr Tudor Serban, state secretary with the Romanian Ministry of Economy, Commerce and Business Milieu, said that Romania will conclude a tripartite partnership with Azerbaijan and Georgia this March to conduct a project called AGIR that will allow natural gas to be transmitted from Azerbaijan to Romania, via Georgia. The cost will be between EUR 4 and EUR 6 billion. The project will also include two terminals for liquefied gas petrol, one in Georgia and the other in Romania. Carrying out the project will be the national gas corporations of the three countries Romgaz of Romania, Socar of Azerbaijan and Georgia's national natural gas corporation. They will join together in a business consortium to which another international company will be welcomed, possibly made up of more than one partner. The whole consortium will have to cover 90% of the project value. |
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Oman: crude oil stabilization plant
Occidental Mukhaizna has announced that it plans to award USD 100 million plus deal to build a crude oil stabilization plant in Oman in early March. One business development executive working on a bid said that Occidental completed a series of discussions with bidders over the technical details of the project in early February and will now assess commercial bids outlining cost proposals. They will be opening prices very soon. We would expect to know who the winner is by the first week of March. He said that the winning bidder will build facilities to maintain reservoir pressure and production levels at the Mukhaizna field, which Occidental is developing. The engineering, procurement and construction deal covers the construction of new oil handling trains, storage tanks, compressors, water separation facilities and a series of new pipelines. Firms bidding on the deal include the local Al-Hassan Engineering, Arabian Industries, Galfar Engineering & Contracting, Gulf Petrochemical Services and Trading and Special Technical Services. |
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Norway: oil discovery
Statoil has reported that a limited oil column was proven during drilling of an exploration well on the Omega Nord prospect 6km north-east of the Snorre field in the North Sea. However, the reservoir qualities of the sand and shale rocks were below expectations and the find is probably not commercially viable. The purpose of the exploration well was to confirm the presence of petroleum in upper Triassic reservoir rocks in the Lunde formation. Tom Dreyer, head of infrastructure-led exploration in the North Sea reported that “We have achieved good results in infrastructure-led exploration the last few years, but this well did not produce the results we had hoped for.” Drilling of the exploration well is now concluded. No formation test was performed in the well, but extensive data gathering and sampling were made. The well was drilled to a vertical depth of 2940m below sea level and was completed in the lower part of the Lunde formation. Water depth in the area is 385m. Exploration well 34/4-12 S was drilled by Ocean Vanguard, which will now drill exploration well 34/4-12 A in Snorre Unit from the same rig position. The licensees in PL 057 are: Statoil (operator) (31.0%), Petoro AS (30.0%), RWE Dea Norge AS (24.5%), Idemitsu Petroleum Norge AS (9.6%) and Hess Norge AS (4.9%). |
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Turkmenistan: Yantai Raffles Offshore contract
Dragon Oil has awarded a contract to Yantai Raffles Offshore for lease and management of a new built Super M2 jack-up rig in the Cheleken Contract Area in Turkmenistan. The M2 jack-up rig will be constructed as a self-elevating drilling unit in accordance with international marine construction standards. The M2 jack-up rig is expected to be constructed and mobilized to the Cheleken Contract Area in Q4 2011. Upon delivery, the lease and management contract is expected to commence for an initial duration of 5 years, with an option to extend it for a further period of up to 2 years. |
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New Sales & Marketing Manager for Truflo
Truflo Marine Ltd has appointed Simon Hingley as Sales & Marketing Manager. Prior to joining Truflo Marine, Mr Hingley was Head of Business Development for Pera, a consultancy which assists manufacturing companies with their innovation, Research & Development and lean manufacturing program. Prior to this, Mr Hingley was Managing Director of STB Engineering in Gloucestershire which designs, manufactures and installs bespoke pneumatic conveying systems for the food and plastics industries. Mr Hingley brings to Truflo Marine over 15 years experience and a proven track record in developing new business and entering new markets. Mr Hingley’s role is to primarily build on Truflo Marines strong reputation within the naval shipbuilding market and to develop business in additional markets such as civil nuclear & desalination. |
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