Argentina continues to build its rapidly expanding nuclear power program with the signing of an agreement for the construction of its 6th reactor. During a state visit in Moscow last week, the Argentine and Russian presidents signed a deal that paves the way for Russian nuclear company, Rosatom, to build a 6th nuclear reactor in Argentina.
The on-site installation of major facilities — fractionating columns, for the distillation of crude oil into various fractions — has recently been completed at the Gazprom Neft Omsk Refinery’s newly reconstructed AT-9 distillation unit. Installation of these columns (two of which exceed 50 metres in height) required the use of cranes capable of lifting up to 400 tonnes.
BP today announced it has agreed to sell its equity in the Central Area Transmission System (CATS) business in the UK North Sea to Antin Infrastructure Partners for £324 million ($486 million). BP is currently the operator of CATS.
Fluor Corporation (NYSE: FLR) was awarded an engineering, procurement, fabrication and construction (EPFC) contract by Suncor Energy Oil Sands Limited Partnership for a tank farm development project in the Athabasca oil sands region in Alberta, Canada. Fluor booked the contract for an undisclosed value in the first quarter of 2015
Australia Pacific LNG today announced it had reached a significant milestone with the successful start-up of the first of seven gas turbine power generators, designed to provide electrical power to the Curtis Island LNG facility.
The Musandam Power Company has awarded Pöyry with the owner's engineer services assignment for the Musandam IPP (Independent Power Plant) Project. The assignment includes the design review of the EPC (Engineering, Procurement and Construction) contractor documentation as well as technical and site supervision services.
Eni reached a record level of production of 70 thousand barrels of oil per day in the Western Desert of Egypt, doubling its level of production in the area in just three years. Such result was achieved mainly thanks to the Melehia development lease, located 290 kilometers west of Alexandria.
Siemens has received an order for the supply, installation and commissioning of 40 SWT-3.2-113 direct drive wind turbines. Customer is Grand Bend Wind Limited Partnership, a partnership between Northland Power Inc., a Canadian independent power producer based in Toronto, and two local First Nations, the Aamjiwnaang First Nation and Bkejwanong Territory (Walpole Island First Nation).
TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced today that the National Energy Board (NEB) has issued its report recommending the federal government approve the company's proposed $1.7 billion North Montney Mainline Project.
Petroleum and energy minister Tord Lien is opening the Valemon gas and condensate field in the North Sea today. Expected recoverable reserves from the field are 192 million barrels of oil equivalent.