Abu Dhabi National Energy Company PJSC (Taqa) Terminates Relationship with Standard & Poor’s

Thursday, Jul 02, 2009

The Abu Dhabi National Energy Company PJSC (TAQA), a publicly listed company on the Abu Dhabi Securities Exchange (ADX: TAQA), announced today that it has terminated its relationship with Standard & Poor’s (“S&P”) effective 30 June 2009. This decision follows an internal review of the new ratings methodology for Government-Related Entities (GRE) published by S&P.Comment
Peter Barker-Homek, Chief Executive Officer of TAQA, said:     

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Supplier of BS6883 Cables in Japan

INTERKAB is a leading supplier of BS6883 specification offshore and marine cables within the offshore Oil & Gas, Shipbuilding and Marine industries in “Japan”. BS6883 is the British Standard of offshore field cabling incorporating stranded class 5 and Class 2 conductors to IEC-60228, low smoke zero halogen and hydrocarbon resistant rubber insulation and a galvanised steel wire braid for mechanical protection. The combination of these attributes creates an extremely safe, flexible and durable product perfectly suited to offshore applications where safety and durability are paramount. INTERKAB stock and manufacture BS6883 cables within 4 weeks for distribution in “Japan”.

Click http://internationalcablemanagement.com/offshore-power_control.htm

For more information on INTERKAB products please visit the INTERKAB Professional Marketing Listing

Siemens Energy expands its power service and emissions control business by acquiring a majority holding in Germany-based Steinmüller Engineering

Thursday, Jul 02, 2009

Siemens Energy acquired the majority holding in Gummersbach-based Steinmüller Engineering GmbH, Germany. Steinmüller Engineering provides engineering for both innovative combustion technologies designed to reduce CO2 and NOx emissions and exhaust-gas cleaning systems for fossil-fueled power plants. The company has a work force of more than 60. Already well established in the U.S. marketplace with its Environmental Systems and Service business, Siemens Energy is now expanding its environmental business. The transaction is subject to necessary regulatory approvals. The purchase price was not disclosed. The company will retain the name Steinmüller Engineering GmbH and continue to conduct business from its Gummersbach location.

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Oil and Gas Projects from 22/06/2009 to 02/07/2009

Petrofac awarded gas compression project worth more than US$350 million 02-07-2009
Saudi Aramco and ConocoPhillips Relaunch Bidding Process for Yanbu Project 02-07-2009
Lundin has been granted consent to conduct exploration drilling with Songa Dee – well 16/1-12 01-07-2009
Keppel secures repair and upgrading contracts worth S$30 million 30-06-2009
Alcoa Continues Penetration in Oil and Gas Market; Alcoa and Cameron Announce Joint Collaboration on Oil and Gas Projects 29-06-2009
Shell and Sovcomflot sign shipping co-operation agreements 29-06-2009
Gazprom and Nigerian National Petroleum Corporation sign Agreement on setting up joint venture 26-06-2009
Saipem awarded new onshore drilling contracts worth approximately US$ 600 million 25-06-2009
FLEX LNG LTD signs agreement with Minza Oil & Gas Ltd. 25-06-2009
Wood Group awarded maintenance services contract by ENI Australia B.V. 25-06-2009
B&W to Provide Environmental Control Equipment for Wyoming Power Plant 24-06-2009
Gazprom and Kogas sign Agreement to jointly explore gas supply project 24-06-2009
KBR Subsidiary Granherne Selected for Conceptual Study as Part of StatoilHydro ASA’s Gullfaks 2030 Project 23-06-2009
Dubai to Set Crude Oil Selling Price Based on DME Oman Contract 23-06-2009
Gasol in Joint Venture with SONAGAS to monetise Zafiro gas 23-06-2009
Gran Tierra Energy Signs Three New Exploration and Exploitation Contracts in Colombia 23-06-2009
Zion Oil & Gas Awarded 165,000 Acre Petroleum Exploration Permit Onshore Israel 23-06-2009
COSL Jack-up Drilling Rig COSL Strike Signed an overseas service contract 22-06-2009
Technip Awarded Contract for a 800,000 Tons/Year Liquified Natural Gas Plant in China 22-06-2009
Rex Energy Corporation Enters Into Exploration Agreement With Williams in the Marcellus Shale 22-06-2009

Eni completes the euro 4.5 billion sale of Italgas and Stogit

Wednesday, Jul 01, 2009

Snam Rete Gas paid €1,587 million for the sale of Stogit and €2,922 million for the sale of Italgas. The total of both these amounts has already been paid in cash.

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Efficient generation of power from finely chopped material: Operation of biomass heating and power station completed successfully

Wednesday, Jul 01, 2009

The new biomass heating and power station of the Zweckverband Restmuellheizkraftwerk Boeblingen (RBB) in the German Land of Baden-Wuerttemberg has now started regular operations, using finely chopped material to generate energy in a manner which is most compatible with protection of the environment. After starting in February, trials were completed successfully at the beginning of May when the performance test was carried out. The Siemens Industry Solutions Division supplied a Reject Power installation for the heating and power station. The Reject Power system also enables the use of fuels with a high water content such as screenings from wood-chip processing. The new biomass heating and power station supplies electrical energy for around 5,200 people. At the same time, the heat produced can be fed into the district heating network. Compared to the use of fossil fuels for the generation of electricity and heat, CO2 emissions are reduced by 10,200 metric tons per year.
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Petrochemical Refinery Projects in June

SARPOM and Jayhawk Pipeline Recognized for Pioneering Use of GE Oil & Gas’ New MagneScan™ MFL Pipeline Inspection Technology 22-06-2009
JGC Awarded Major EPC Contract for Gassi Touil Gas Processing Facilities in Algeria 18-06-2009
Saudi Aramco and Total award EPC contracts for Jubail Export Refinery 18-06-2009
S-OIL holds groundbreaking ceremony for “Onsan refinery expansion project” 12-06-2009
Cosmo Oil and Hyundai Oilbank Announce Agreement to Establish Joint Venture Company and New Entry into Paraxylene Business 10-06-2009
American Petro-Hunter Details #1 Lutters Well Completion Plan 04-06-2009
Jacobs Expands Role at BP’s Whiting Refinery 02-06-2009
Interoil Updates Antelope-1 Side Track Testing 01-06-2009

Keppel secures repair and upgrading contracts worth S$30 million

Tuesday, Jun 30, 2009

Keppel Offshore & Marine Ltd (Keppel O&M) has secured contracts worth S$30 million through its overseas subsidiaries for the upgrading and repair of three semisubmersibles (semis).
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Showa Shell to Launch Solar Project

Tuesday, Jun 30, 2009

Saudi Aramco and Japan’s Showa Shell have signed a letter of intent to study the feasibility of generating power from the sun using proprietary Showa Shell technology in a pilot project in the Kingdom of Saudi Arabia.  Mr. Khalid G. Al-Buainain, Saudi Aramco Senior Vice President for Refining, Marketing & International; and Mr. Shigeya Kato, Chairman of Showa Shell; signed the letter of intent on June 12, 2009 in Tokyo. 

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Supplier of BS6883 Cables in Korea

INTERKAB is a leading supplier of BS6883 specification offshore and marine cables within the offshore Oil & Gas, Shipbuilding and Marine industries in “Korea”. BS6883 is the British Standard of offshore field cabling incorporating stranded class 5 and Class 2 conductors to IEC-60228, low smoke zero halogen and hydrocarbon resistant rubber insulation and a galvanised steel wire braid for mechanical protection. The combination of these attributes creates an extremely safe, flexible and durable product perfectly suited to offshore applications where safety and durability are paramount. INTERKAB stock and manufacture BS6883 cables within 4 weeks for distribution in “Korea”.

Click http://internationalcablemanagement.com/offshore-power_control.htm

For more information on INTERKAB products please visit the INTERKAB Professional Marketing Listing