2014 News ... December back to January
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ExxonMobil’s Outlook for Energy
Sees Global Increase in Future Demand
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Dec 09, 2014 + + + Significant growth
in the global middle class, expansion of emerging economies and an
additional 2 billion people in the world will contribute to a 35 percent
increase in energy demand by 2040, according to a new report released
today by ExxonMobil ... more
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Siemens: Vision 2020
We make real what matters
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"Vision 2020. We make real what matters" – this is the lead theme of the
2014 Siemens Annual Report. The report explains Siemens positioning along
the electrification value chain and provides a comprehensive overview of
the Company's main topics ... more |
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After scuttling South Stream, Russia plans line
to Turkey instead
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Dec. 02, 2014 + + +
Russia has decided against the construction of the 930-km South Stream
natural gas pipeline across the Black Sea from Russia to Bulgaria, citing
delays on the part of the European Union in taking the steps necessary to
move forward. Press reports have OAO Gazprom Chief Executive Alexei Miller
as confirming the decision originally announced by Russian President
Vladimir Putin. Miller and Mehmet Konuk, chairman of Botas
Petroleum Pipeline Corp., signed a memorandum of understanding Dec. 1 on
instead building an offshore gas pipeline from the Russkaya compressor
station (also South Stream’s starting point) under construction in the
Krasnodar Territory across the Black Sea to Turkey. |
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Transaction
completed between Wintershall and Statoil
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Dec. 01, 2014 + + + BASF Group company Wintershall is
continuing its growth course in Norway. By acquiring shares in the
production fields Gjøa (5%) and Vega (24.5%), Wintershall is increasing
its production in Norway from about 40,000 barrels of oil equivalent (boe)
to about 60,000 boe per day. In addition, Wintershall is taking over
shares in the Aasta Hansteen development project (24%), the Asterix
discovery (19%), the Polarled pipeline project (13.2%) and in four
exploration licences near Aasta Hansteen ... |
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E.ON: New corporate strategy
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Nov. 30, 2014 + + + E.ON to focus on renewables, distribution
networks, and customer solutions and to spin off the majority of a new,
publicly listed company specializing in power generation, global energy
trading, and exploration and production ... E.ON will
focus on renewables, distribution networks, and customer solutions and
combine its conventional generation, global energy trading, and
exploration and production businesses in a new, independent company (“New
Company”), a majority of which will be spun off to E.ON SE shareholders.
This new organizational setup is the logical consequence of the new
strategy that the E.ON SE Supervisory Board decided on at its meeting
today ... |
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Accenture and SAP
offer new upstream operations management solution
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Nov. 06, 2014 + + + Accenture and SAP SE are offering a new version of
the SAP Upstream Operations Management application, which enables oil and
gas companies to improve the accuracy of production data and identify
production-optimization opportunities. As
part of the expanding portfolio of solutions and services of Upstream
Productions Operations by Accenture and SAP announced earlier this year,
SAP Upstream Operations Management was co-developed to address these
industry needs by the Accenture and SAP Business Solutions Group and is
delivered by SAP .... |
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Siemens announces agreement to acquire
Dresser-Rand
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Sept. 22, 2014 + + +
Siemens executes on its Vision 2020 with a decisive move to strengthen its
core. The company has entered into an agreement with Dresser-Rand, which
is listed on the New York Stock Exchange, to acquire all of the issued and
outstanding common shares of Dresser-Rand by way of a friendly takeover
bid. Siemens' bid is unanimously supported by Dresser-Rand's Board of
Directors. The offer price is $83 per common share in cash, or a total
transaction value of approximately $7.6 billion ... |
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GE presents industrial internet solutions for the oil and gas
industry
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Sept 16, 2014
+ + + The world is entering a new era of innovation known as
Industrial Internet. Its essence is to connect brilliant machines with
people at work to use data analytics to find new ways to address major
global challenges of the industry. The Industrial Internet will unleash a
productivity revolution the moment that the convergence of information
allows operators to predict and prevent problems, eliminate downtime,
waste and guesswork and improve performance for a stronger, faster,
cleaner and safer world .... |
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Scenarios for
Development of Russian Oil and Gas Production in the Mid-Term Amid New
Economic and Geopolitical Realities
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September 2014 + + +
This study examines a number of possible scenarios pertaining to the
dynamics of hydrocarbon production in Russia until 2020, taking into
account the existing and potential risks. Special attention is devoted to
relations between Russia and the European Union due to the Ukraine crisis,
economic relations between Russia and the Asia-Pacific Region, prospects
for building pipelines westward and eastward from Russia, escalation of
conflicts in the Middle East, as well as other factors having a direct or
indirect influence on the country’s energy market. For details please
visit:
http://reports.rpi-research.com/upstream |
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Panalpina establishes Energy Solutions to serve
world’s biggest logistics demands
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Sept 5, 2014 + + +
Panalpina has merged its Panprojects and Oil & Gas activities to create
Panalpina Energy Solutions, a specialised service that designs tailor-made
transport solutions for the world’s most ambitious energy projects.
Panalpina veteran Hans Toggweiler heads the new entity. Panalpina’s latest move to improve has seen it
merge two of its most distinctive activities to create a new specialised
service for the energy sector. Panalpina Energy
Solutions gives customers access to a global force of skilled
professionals with the knowledge, experience and resources at their
disposal to deliver on the most demanding logistics needs ...
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Lisa Davis – new female executive at
Siemens Chief Executive Officer of the Siemens Energy Sector
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On August 1, 2014, Lisa Davis began her work as a member of the Managing
Board of Siemens AG. The native-born American will be responsible for the
Power and Gas Division, the Wind Power and Renewables Division, the Power
Generation Services Division, as well as the Region North America and the
Region South America. Find her résumé
here |
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E.ON and RasGas sign medium-term
flexible contract for the supply of LNG
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May 28, 2014 + + + E.ON and RasGas Company Limited
(RasGas) have signed a medium-term flexible contract, with immediate
effect, for the supply of liquefied natural gas (LNG) from Qatar to the
Isle of Grain in the United Kingdom. The three-year contract has the
potential to supply up to around two billion cubic meters over its term
+ + + This contract deepens partnership with State of Qatar and
develops E.ON’s presence in Middle East ... and further diversifies
E.ON’s gas supply portfolio. . . |
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Total discusses
new horizons in frontier exploration
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May 12, 2014 + + + There is reason to be optimistic about the state of oil
and gas exploration and its future, according to Dominique Janodet, Vice
President-New Business for Total E&P, who spoke at the recent Offshore
Technology Conference in Houston. His presentation, entitled “New Horizons
in Frontier Exploration,” was a repudiation of the idea that there are no
more "large elephants" to be found in oil and gas exploration ... |
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Siemens provides
150 wind turbines for largest Dutch offshore project
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The
Gemini consortium has signed all construction,
operations and financing contracts yesterday with a total construction
budget of nearly EUR 3 billion. With more than 20 parties involved 70
percent of this budget will be provided on the basis of project financing
– making Gemini the largest-ever project financed offshore wind farm. For
the Gemini project Siemens will deliver 150 wind turbines with a capacity
of 4 megawatts (MW) and a rotor diameter of 130 meters each. The wind
power plant is to be located in the North Sea, 85 km above the coast of
Groningen. For Siemens this is the first order for an offshore wind power
plant in Dutch waters ... more
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Rolls-Royce to sell its energy gas turbine and compressor business to
Siemens
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May 06, 2014 + + + Rolls-Royce announced today
that it has signed an agreement to sell its energy gas turbine and
compressor business to Siemens for a US$1.3 billion cash consideration.
The business being sold supplies aero-derivative gas turbines, compressor
systems and related services to customers in the Oil and Gas and Power
Generation sectors ...
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Aker Solutions Splits to
Boost Competitiveness and Value Creation
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©AkerSolutions |
April 30, 2014 + + + Aker Solutions will split into two
companies to speed up a streamlining process that will reduce costs and
better position all parts of the group to meet the needs of customers in
an increasingly competitive global energy industry.
The Subsea, Umbilicals, Engineering and Maintenance, Modifications and
Operations (MMO) areas will form a new company under the Aker Solutions
name
The other units, including
Drilling Technologies, Aker Oilfield Services
and Process Systems, will be developed independently as part of a new
oil-services investment company, named Akastor ... |
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2014 Worldwide Survey of Subsea
Processing: Separation, Compression, and Pumping Systems (Poster, PDF, 21
MB)
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Tables ... Worldwide Locations for Subsea Pumping,
Compression, and Separation Systems ...Worldwide Survey of Subsea Gas
Compression, Boosting, Water Injection, and Separation (By fields and
projects) ... Subsea Processing Supplier Matrix ... Subsea Power
Conditioning Equipment and Connectors ... Subsea Power & Processing
Technology Attributes ... Subsea Processing Configurations ... Multiphase
Boosting ... Mudline ESP or HSP System Samples ... Subsea Power Types and
Configurations ... Subsea Separation Systems ... Subsea Seawater Injection
... Subsea Gas Compression Systems & Products ... and more
Selected Companies ... f.e. Bornemann ... Leistritz ...
Sulzer ... Loher (Siemens) ... MAN Diesel & Turbo ... Siemens Industrial
Turbo ... Brugg Cables ... NSW ... Nexans ... ABB ... NKT ... Aker
Solutions ... Siemens Energy ... Siemens Subsea Power Grid ... out of ca.
100 companies included in the survey ... |
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RWE and LetterOne sign
purchase agreement
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March 28, 2014 + + + RWE AG and LetterOne Group
have today signed a contract for the sale of RWE Dea AG at an enterprise
value of around €5.1 billion. The enterprise value includes around €0.6
billion in assumed liabilities. Peter Terium, CEO of RWE AG: “This is an
excellent solution both for RWE AG and for RWE Dea. We have come to know
the investors as reliable partners and I am delighted that they intend to
establish Dea as a platform for their future Group's oil and gas
activities.” ...
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GE Opens Newly Expanded Oil and
Gas Facility in Fót, Hungary
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March 14, 2014 + + +
GE today formally opened its newly expanded oil and gas facility in Fót,
Hungary. The GE Oil & Gas manufacturing plant has been substantially
enlarged with the addition of a new 8,000 square meter manufacturing
facility and a new office building of 3,000 square meters. The new
state-of-the-art manufacturing base will provide central unit control
panels (UCPs) for pipelines, LNG production facilities and other oil and
gas applications ... |
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1100th Oil &
Gas Flight in Volga-Dnepr Airlines’ History
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20-02-2014 + + + Volga-Dnepr
Airlines delivered 45 tons of oil and gas equipment onboard IL-76TD-90VD
aircraft from Rio de Janeiro (Brazil) to Prestwick (Great Britain). The
cargo, parts of water-driven excavation system and auxiliary equipment, is
destined for drilling operations and seabed engineering. This
flight counts as 1100th mission in Airlines’ history of oil and gas
transportations. As of early 2014 the total weight of this type of cargo
delivered onboard An-124-100 and IL-76TD-90VD aircraft was estimated at
74,000 tons ...
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Siemens names new head to oil and gas
sales unit
Karim Amin became the head of the Siemens Oil&Gas sales unit
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Feb 19, 2014 + + + Karim Amin, 36, became the head of the
Siemens Oil & Gas (SOG) sales unit on February 1, 2014. He has been
managing Siemens Energy Service with over 1,000 employees since 2011, and
was responsible for business operations in the Middle East and in North
Africa. Karim Amin studied at Cairo University and received his degree in
electrical engineering in 2000. In 2011 he earned his Master of Business
Administration (MBA) ... more |
MTU Series 4000
marine engines achieve NVR Certification
MTU showcased new gensets at Middle East Electricity
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February 19, 2014 + + + As the first engines in
its power class the MTU Series 4000 was recently awarded Naval Vessel
Rules (NVR) certification by the American Bureau of Shipping (ABS)
+ + + MTU Onsite Energy, a Rolls-Royce
Power Systems brand, has presented a new product line of gensets
at Middle East Electricity ... |
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Foster Wheeler to be bought by AMEC
Foster Wheeler: Study for Statoil LNG facility
improvement
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Feb 17, 2014 + + + Foster Wheeler AG announced today
that a subsidiary of its Global Engineering and Construction Group has
been awarded a contract by Statoil Petroleum AS to perform a study for the
Snøhvit Improvement Project 2 at Melkøya, 450 kilometers north of the
Arctic Circle in Norway + + +
Foster Wheeler AG also announced Feb. 14, 2014, that it has entered into a
definitive agreement with AMEC plc pursuant to which AMEC will make an
offer to acquire all the issued and to be issued share capital of the
Company ... more |
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Partners
reveal plans for Johan Sverdrup offshore Norway
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Feb. 13, 2014 + + + Statoil and its partners have agreed
on a concept for the first development phase of the Johan Sverdrup field
in the central Norwegian North Sea. This calls for a field center with
four platforms and power from shore, to reduce carbon-dioxide (CO2)
emissions from the Utsira High Area by 60-70%. Johan Sverdrup, one of the
five largest oil fields discovered on the Norwegian shelf ... |
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Future of
Equipment and Material Market for the Development of Oil and Gas Fields on
Russia's Continental Shelf until 2025
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RPI, a leading provider of research on the energy sector of Russia, the
Caspian region, Central and Eastern Europe, will release this research
report in April 2014. The subject is Russia's offshore production
projects in the Caspian, Black, Azov and Baltic Seas, in the Arctic and
the Far East. Since 2005, RPI has analyzed on a regular basis the status
of offshore projects and is republishing the report for the fifth time
with the latest versions focusing on the demand of E&P companies for
equipment as well as for contractor services ... more |
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World Deepwater
Market Forecast 2014-2018
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Jan 30, 2014 + + + Deepwater expenditure is expected to
increase by 130%, compared to the preceding five-year period, totalling
$260 billion (bn) from 2014 to 2018. As production from mature basins
onshore and in shallow water declines, development of deepwater reserves
has become increasingly vital. Robust oil prices support investment in
deepwater developments – the sustained high oil prices over the past few
years have increased confidence in the sector ... more. |
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South Stream
Transport Signs Contracts for Supply of Pipes for the first line of the South
Stream Offshore Pipeline
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29 January 2014 + + + South Stream Transport has contracted
three pipe mills to supply over 75,000 steel pipes for the first line of
the South Stream Offshore Pipeline. Europipe
from Germany will supply 50% of the pipes, OMK from Russia 35%, and
Severstal’s Izhora Pipe Mill in Russia another 15%. The contracts,
with a total value of approximately 1 billion euros, were signed during a
ceremony at the headquarters ...
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Boeing reveals “the biggest breakthrough in biofuels ever”
Exclusive report by Karel Beckman
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Karel Beckman |
2014-01-27 + + + In an exclusive interview with CleanTechnica.com
and Energy Post, Darrin L. Morgan, Director Sustainable Aviation Fuels and
Environmental Strategy at Boeing, reveals that researchers at the Masdar
Institute in Abu Dhabi, funded by Boeing, Honeywell and Etihad Airways, may have
achieved “the biggest breakthrough in biofuels ever” ...
Message from Karel Beckman January 31:
This exclusive interview - published on Monday, Jan. 27, was a huge success on
the Internet. It got into the top-ten of the popular sharing website Reddit. On
Thursday (Jan. 30) alone it was read over 95,000 times!
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Lutz Wittenberg has been
appointed the new Group Chief Technology Officer at DNV GL
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23.01.2014 + + + In his new role, Lutz Wittenberg will be
responsible for group-wide technology developments and report directly to
Group CEO Henrik Madsen. In addition, he has become a member of the DNV GL
executive committee. Lutz Wittenberg has significant industry and
management experience at legacy GL, and comes from the role of Director of
Technology, Services and R&D for DNV GL - Oil & Gas. He is succeeding
Elisabeth Tørstad, who has been appointed CEO of DNV GL - Oil & Gas ... |
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BP PLC’s Energy Outlook 2035, released Jan.
15, forecasts that world energy consumption will increase 41% between 2012 and
2035. Countries outside of the Organization for Economic Cooperation and
Development, especially China and India, are believed to contribute to virtually
all of this growth. Global energy intensity in 2035 is 36% lower than what it
was in 2012, while energy per capita use will increase by 14% ... more |
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Jan 12, 2014 + + +
As part of its strategic way forward,
ThyssenKrupp is strengthening its plant technology business as a
major growth area for the Group. Uhde, Polysius and
Fördertechnik are combined unter the roof of ThyssenKrupp
Industrial Solutions . . . |
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Jan 15, 2014 + + + KSB South Africa
in cooperation with EagleBurgmann specified high-efficiency magnetic
couplings to seal the shaft for the newly designed API 685 process pump.
It was also decided to use the couplings from the proven MAK685 series
because they reliably cover a broad application field in the higher
pressure and performance range ... more |
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January 15, 2014 + + + MAN Diesel & Turbo in Zurich was awarded a
contract for a HOFIM™ compressor (High-Speed, Oil-Free, Integrated Motor). This
is a significant business milestone: It is MAN's first hermetically-sealed
compressor being installed on an offshore production platform – Ivar Aasen in
the North Sea, run by Det norske oljeselskap ASA ... more
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Siemens: New product family of Sitrans LG radar level transmitter measures
using guided waves |
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Jan 15, 2014 + + + With its new Sitrans LG series, Siemens is
offering a flexible portfolio of guided wave radar transmitters suitable for
virtually any type of industrial application. The modular design of the four
basic versions Sitrans LG240, Sitrans LG250, Sitrans LG260 and Sitrans LG270,
with numerous configuration options, allows for level measurement in the
oil, gas and chemical industry
... more |
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January 13, 2014 + + + Wintershall and Abu Dhabi-based Mubadala
Petroleum have agreed to work together in assessing future opportunities in
North Africa and the Middle East (MENA). The parrties will combine Wintershall’s
technological know-how and long-standing experience in the region with
Mubadala’s growing capabilities to identify and execute E&P ... |
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January 9, 2014 +
+ + Effective
immediately, the former Tognum AG will now operate under the
name of Rolls-Royce
Power Systems AG. Since March 2013, the specialist for large
engines, pro-pulsion systems and distributed energy systems has
been a wholly-owned subsidiary ... |
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December 23, 2014 + + + BASF and Gazprom signed the final agreement
to swap assets of equivalent value. Through the swap, the BASF subsidiary
Wintershall will further expand its production of oil and gas and exit the gas
trading and storage business ... |
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December 23, 2013 + + + Siemens and Cape Wind have signed a major
contract for the construction of the construction of the the United
States' first utility-scale offshore wind farm. Once the contract becomes
effective in 2014, Siemens will supply ... |
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Siemens is to deliver a Siestorage energy storage
system to Süwag Energie AG for grid stabilization and temporary storage of the
volatile power fed into the
distribution grid from wind and solar
plants. The custom-made storage system is based on lithium-ion batteries
and has a capacity of 135 kilowatt hours (kWh) in this version ... |
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For a major project, EagleBurgmann delivered currently the largest agitator seal
(480mm shaft size) for use in a new PTA (Pure Terephthalic Acid) Plant in China.
The order received from SPX Flow Technology included 13 agitator seals and
supply systems. The dimensions and weight of the 1,500 kg mechanical seal
presented new challenges ... |
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BASF and Pacific NorthWest LNG (Canada)
have concluded a license agreement and use of BASF's OASE® technology for the
removal of carbon dioxide and sulfur containing components from natural gas for
all trains of ... proposed liquified natural gas facility in the district of
Port Edward, British Columbia, Canada ... |
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