Indebted Ohio-based utility FirstEnergy Generation has agreed to sell its 545 MW West Lorain Facility to Vermillion Power, part of Starwood, for $144 million in cash – if no higher bid comes forward. The sale of the CCGT will be accomplished through a court-supervised bankruptcy auction to maximize the value of the asset.
Seeking to cash in on the shift from coal to gas, Saudi Aramco has made plans to expand its multi-billion natural gas business at home and abroad. “Saudi Aramco is on the way to becoming a gas powerhouse in addition to its huge strength in oil,” the company stated, indicating it plans to boost production from 14 billion standard cubic feet per day (bscfd) to 23 bscfd of natural gas.
Siemens has started construction on a new energy center in Bolivia, designed to provide traditional and digital services to electric utilities in South America. Equipment from Siemens is being deployed to expand three combined-cycle gas power stations in Bolivia: Termoeléctrica del Sur, de Warnes and Entre Ríos.
Taiwan Power Company has awarded a full-turnkey order to Mitsubishi Hitachi Power System (MHPS) to refurbish and upgrade its Nanpu and Datan gas-fired power plants. The contract stipulates low-NOx enhancements of seven M501F gas turbines, and the roll-out of the digital service MHPS-TOMONI. Works are due to be completed in August 2019.
MAN Energy Solutions has been contracted to supply an LNG regasification terminal to Forchem in Rauma, Finland. The chemical company wants to convert the boiler for generating steam for the refinery process to natural gas, or bio-gas, and asked MAN to deliver a tailor-made solution with an offloading skid for LNG trailors.
Chevron’s gas aggregation company in Nigeria has agreed to extend gas deliveries to Egbin Power. Under the deal, Chevron will supply 145 million standard cubic feet per day (MMBtu/d) through the Nigerian Gas Company (NGC) to Egbin’s 1,320-MW power plant in Ikorodu. Kola Adesina, chairman of Egbin Power, said the additional gas supply should help boost Ikorodu's capacity to 5,000 MW over the coming five years.
General Electric has signed a multiyear service agreement with GEL Utility to support the power generation unit at Nigerian National Petroleum Corps’s refinery in Port Harcourt. The aim is to achieve uninterrupted power supply at Nigeria’s largest refinery, which currently produces up to 210,000 barrels per day (bbl/d).