DONG Energy To Build Burbo Bank Extension Offshore Wind Farm In The UK

SOURCE: DONG Energy | 19 December 2014

DONG Energy has decided to construct the offshore wind farm Burbo Bank Extension located 8 km off the United Kingdom coast in Liverpool Bay.

Siemens To Use Superconductors In Building The Power Grid Of The Future In Augsburg

SOURCE: Siemens | 19 December 2014

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 Awarded Contract For Wikinger Offshore Wind Farm

SOURCE: VolkerWessels | 19 December 2014

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 Signs Agreement For Vrinnevi Hospital In Norrköping

SOURCE: ÅF | 19 December 2014

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 Awards Mariner Drilling And Well Services Contract To Schlumberger Oilfield UK

SOURCE: Statoil | 19 December 2014

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.

SDG&E's Sunrise Powerlink Reaches 1,000 Megawatt Renewable Energy Goal

SOURCE: San Diego Gas & Electric (SDG&E) | 19 December 2014

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 To Suspend Operations At Lumwana Following Passage Of New Mining Royalty

SOURCE: Barrick | 18 December 2014

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 And EDP Sign 20-Year LNG Sale And Purchase Agreement

SOURCE: Cheniere | 18 December 2014

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")

E.ON Commissions Large Scale Wind And Solar Projects In The US

SOURCE: E.ON | 18 December 2014

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 Sign Tariff Agreement For The Construction Of ESPO Pipeline Offshoot To Komsomolsk Refinery

SOURCE: Rosneft | 18 December 2014

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.

Rosneft Acquired Commercial Inflows Of Hydrocarbons On The Licensed Blocks Of Irkutsk Region

SOURCE: Rosneft | 18 December 2014

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.

MHIEC Receives Order For 150 Tons/day Waste-to-Energy Plant From Yamagata Area Environmental Office Association

SOURCE: MHIEC | 18 December 2014

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 Completes Acquisition Of £164m Offshore Transmission Project In Thanet, UK

SOURCE: Balfour Beatty | 18 December 2014

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 To Sell Shares In ELLBA Eastern To Joint Venture Partner Shell

SOURCE: BASF | 18 December 2014

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 Constructs Boeing Paint Facility In Charleston, USA, For USD 82 M

SOURCE: Skanska | 18 December 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 Launches Ground-Breaking Solution To Improve The Reliability Of Nuclear Power Plant Secondary Systems

SOURCE: AREVA | 18 December 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.

Continued Funding Confirmed For CB&I MOX Project

SOURCE: CB&I | 17 December 2014

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 And University Of Edinburgh Launch Oil And Gas Masters Module

SOURCE: Atkins | 17 December 2014

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.

Who Will Win And Who Will Lose From A Sustained Period Of Lower Oil Prices?

SOURCE: The Economist Intelligence Unit | 17 December 2014

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. Awarded An Installation Contract In The US Gulf Of Mexico

SOURCE: Subsea 7 | 17 December 2014

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.

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