Siemens has been awarded of a long-term service agreement with Punjab Thermal Power Ltd. to provide comprehensive maintenance, parts and repair services for Punjab Power Plant Jhang for the next 12 years. The order includes Siemens' Power Diagnostics and comes just three months after the company was commissioned to provide a complete power island solution for the 1.3 gigawatt (GW) Jhang combined-cycle project.
Record results in shale oil and gas output in Appalachia and the Permian basin have been helped by President Donald Trump’s latest changes to the US corporate tax law. Several shale gas drillers reported hundreds of millions in savings after being allowed to re-measure their net tax liabilities, and are now budgeting less tax expenses for the future. Production among American shale drilling companies, sampled by the consultancy Energy Aspects, grew by 1.6 Bcf/d, or 5% year-on-year and 0.5 bcf/d, or 2% quarter-on-quarter in Q4-2017.
Finland’s technology group Wärtsilä has signed an equipment delivery contract for a 105 MW power plant under construction by Baraka Shikalbaha Power, a private-sector energy provider and subsidiary of Baraka Group. The order was signed this week when Wärtsilä celebrated 20 years of supporting the development of the energy sector in Bangladesh.
Siemens has signed a Memorandum of Understanding (MoU) with the Brazilian Trade and Investment Promotion Agency (APEX-Brasil) to triple its investments in the country to up to €1 billion, addressing bottlenecks in the Brazilian infrastructure, especially in the fields of energy, transportation, and healthcare.
Indonesia’s state electricity company PLN has curtailed the allocation of free cashflow for new power plant projects in its new 10-year business plan by around 22,000 megawatts (MW) to only 56,000 MW, citing sluggish electricity demand.
Malaysia’s energy giant Petronas has signed a heads of agreement (HOA) with its long-time business partner Tokyo Gas to supply LNG cargoes over a period of 13 years starting from April 2018. Tokyo Gas, Japan’s largest city gas provider, will be using most of this contracted gas import as a fuel at its power stations.
PTSC Mechanical & Construction, a Vietnamese service provider for the oil & gas industry, has contracted MAN Diesel & Turbo to supply two compressor trains for the Sao Vang and Dai Nguyet gas field developments off Vietnam's southern coastline. The government in Hanoi is supporting efforts to step up domestic gas supply in order to shift the country’s energy mix towards cleaner-burning fuel sources.
Mitsubishi Hitachi Power Systems (MHPS) heavy-duty H100 gas turbine (118 MW) achieved full qualification status by Shell’s technical team based in The Hague. Following intense scrutiny and test runs, Shell awarded the full mechanical drive qualification to the 2-shaft turbine, equipped with a low NOx (single digit ppm) combustion system.
Summit Power, the largest independent power producer in Bangladesh, has signed a memorandum of understanding with Japan’s Mitsubishi and Diamond Gas to jointly develop a $3 billion LNG-to-power project at Matarbari. The project includes a regas terminal and a two-unit gas combined-cycle power project with a total capacity of 2,400 MW.
London-based SDX Energy Inc. has made a new onshore gas discovery in Morocco, at is SAH-2 well on the Sebou permit. The latest find helps advance the government’s policies to promote renewables and cleaner-burning natural gas while seeking to reduce dependence on seasonal LNG imports.
Volkswagen, Europe's biggest carmaker, has announced plans to invest €400 million to convert two coal-fired heat and power stations at its Wolfsburg car manufacturing to run on natural gas. Construction of the two gas CHP will start this year, pending permission, with the aim to get the plants commissioned in late 2021 or early 2022.
Pure World Energy, Capstone’s distributor for the United Kingdom, has secured an order for a C200S integrated combined heat and power (iCHP) microturbine to be installed at a commercial building in England. The deal is one of Capstone's first order-wins under its new “Sell-to-Win” bundled solutions program and includes an integrated roof mounted heat recovery module as well as a prepaid 5-year factory protection plan.
Turkey's Karadeniz Energy Group has selected Gas Enec of South Korea to supply LNG regasification systems to be installed on three of its power barges. Karpowership recently started to develop floating regas units (FRUs) to their existing Powerships to make them suitable for LNG intake directly from a storage vessel.
Reshaping the German power sector, RWE announced on Sunday it had agreed to sell its 78.8% stake in its clean energy arm Innogy to rival E.ON in an asset swap. Through the mega deal, if approved, E.ON would acquire Innogy’s regulated energy networks and customer operations, while RWE would get hold of E.ON’s renewable business and keep that of Innogy.
Mitsubishi Hitachi Power Systems (MHPS) has been contracted by Nuon/Vattenfall, Statoil and Gasunie to investigate options of using hydrogen at the Magnum combined cycle gas turbine (CCGT), situated in the Groningen region. The aim is to convert one Nuon’s three 440-megawatt CCGTs to run on hydrogen by 2023.