DONG Energy has decided to construct the offshore wind farm Burbo Bank Extension located 8 km off the United Kingdom coast in Liverpool Bay.
When fed into medium-voltage power grids, large loads of renewable or other decentralized energies – which are generated when winds are strong or the sun is very bright – can produce short circuits that endanger the power supply. Superconducting network technologies can ensure reliable grid operation even under these conditions.
Volker Stevin International (VolkerWessels) and its partner Royal Boskalis Westminster N.V. (Boskalis) have been awarded a contract by Iberdrola Renewables Offshore Deutschland GmbH for the partial construction of the Wikinger Offshore Wind Farm in the German section of the Baltic Sea. The work comprises the transport and installation of seventy offshore wind turbine foundations and six offshore substation piles.
ÅF has been awarded a significant four-year contract by the County Council of Östergötland for reconstruction, extension, and new construction in about 40 sub-projects to renovate Vrinnevi Hospital in Norrköping. The order value is about SEK 30 million.
Statoil has on behalf of the Mariner co-venturers awarded the contract for integrated drilling and well services on the Mariner field on the UK continental shelf (UKCS) to Schlumberger Oilfield UK Plc.
San Diego Gas & Electric (SDG&E) announced today that more than 1,000 megawatts (MW) of renewable power is being delivered to the San Diego region made possible by the Sunrise Powerlink transmission line.
Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) today announced that the company will initiate procedures to suspend operations at the Lumwana copper mine in Zambia following the passage of legislation that raises the royalty rate on the country's open pit mining operations from six percent to 20 percent.
Cheniere Energy, Inc. ("Cheniere") (NYSE MKT: LNG) announced today that its subsidiary, Corpus Christi Liquefaction, LLC ("Corpus Christi Liquefaction"), has entered into a liquefied natural gas ("LNG") sale and purchase agreement ("SPA") with EDP Energias de Portugal S.A. ("EDP")
With the commissioning of two renewables projects E.ON is strengthening its position in the U.S. market for green energy. Both the start of commercial operation of the onshore wind farm Grandview I in the Texas Panhandle and of the Fort Huachuca Solar Plant in Arizona occurred in a single week.
Rosneft and Transneft signed a long-term Tariff Agreement as part of their joint project to construct a pipeline offshoot from the East Siberia – Pacific Ocean (ESPO) trunk pipeline to the Komsomolsk Refinery.
Commercial inflows of oil, gas and condensate have been acquired in four exploration wells on Rosneft’s licensed blocks, which were handed over to Verkhnechonskneftegaz for operational activities on geologic survey, exploration and production of hydrocarbon crude. According to the results of drilling and probes, maximum rates totaled up to 60 cbm of oil per day and up to 150 cbm of gas per day.
Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd. (MHIEC), a group company of Mitsubishi Heavy Industries, Ltd. (MHI), has received an order from the Yamagata Area Environmental Office Association, a body encompassing two cities and two towns in Yamagata Prefecture, for the construction and operation of municipal solid of waste (MSW) incineration facility
Balfour Beatty, the international infrastructure group, announces today that it has reached financial close and completed the acquisition of the £164 million Thanet offshore transmission project (OFTO) in the UK. Balfour Beatty will invest over £20 million of equity.
BASF and Shell have reached an agreement for BASF to sell its share in the 50-50 joint venture ELLBA Eastern, Jurong Island, Singapore to Shell. The joint venture, which is operated by Shell, produces styrene monomer and propylene oxide. Financial details of the transaction were not disclosed. Closing is planned for December 31, 2014.
Skanska has signed a contract with The Boeing Company to build their Commercial Airplane Decorative Paint Facility in Charleston, South Carolina. The contract is worth USD 82 M, about SEK 560 M, which will be included in order bookings for Skanska USA Building for the fourth quarter of 2014.
AREVA has developed an innovative technology to prevent the corrosion of the secondary systems of nuclear power plants through the application of a protective film on the inner surfaces. This solution reinforces the long-term reliability of these structures and contributes to extending the duration of reactor operations.
CB&I (NYSE: CBI) is pleased to report the U.S. Congress' continued funding for the Mixed Oxide Fuel Fabrication Facility (MOX) project located at the Savannah River Site near Aiken, South Carolina. Congress' 2015 omnibus bill calls for $345 million for continued construction of the MOX project and ensures that the funding must be used for continued construction of the facility in fiscal year 2015.
Atkins has partnered with the University of Edinburgh to launch an “Introduction to Oil and Gas” module for the University’s Chemical Engineering and Mechanical Engineering Masters degrees.
Oil prices have fallen by around 40% since the middle of the year, and The Economist Intelligence Unit forecasts that lower oil prices will persist. In 2015 we are forecasting that Brent will average $80/barrel, rising slightly to $85/barrel in 2016.
Subsea 7 S.A. (Oslo Børs: SUBC; the Company) has been awarded a contract by the Hess Corporation for installation work in support of the Stampede Project in deepwater US Gulf of Mexico.