Latest news from Heavy Lift & Project Forwarding International Magazine

Capital projects and contracts - June 20th 2014

Here is a round up of this week's round up of capital project and contracts.

Adani Group's USD16.5 billion Carmichael coal and rail project in central Queensland - which would be the world's biggest coal port - has been delayed amid renewed concerns about environmental oversight.

Despite giving the go-ahead in May, Australian environment minister Greg Hunt has expressed concerns about the damage that the Abbot Point port expansion would cause to the Great Barrier Reef - a world heritage site. A decision will not be made until August 1.

Furthermore, an international audience has caught wind of the story though social media and individuals all over the world are petitioning against the Abbot Point development.

Last week, Deutsche Bank in Germany decided that it would not finance the project, with HSBC and Royal Bank of Scotland following suit. 38 Degrees - a UK based political activism organisation - is encouraging its hundreds of thousands of members to use Twitter to get Barclays, one of the biggest investors in Australian coal, to keep its chequebook closed.

The brakes have been forcibly applied to the Carmichael project, which demonstrates the ever-increasing power of social media and how it's never been more important for organisations to operate in an environmentally sustainable manner.

Nordex has secured three contracts for a total of 44.4 MW in Turkey. It will be supplying: six Generation Delta N117/3000 wind turbines for the Urla wind farm in Izmir; nine Generation Gamma N117/2400 turbines to Yeni Enerji's 21.6 MW installation in Yenihisar; and two N117/2400 turbines for the Pitane wind farm in the Izmir region for Bicakcilar Enerji.

http://www.nordex-online.com/index.php?id=53&L=2&tx_ttnews[tt_news]=2512&tx_ttnews[backPid]=45&cHash=e8d9352915

Foster Wheeler AG subsidiary has been awarded a contract by Turun Seudun Energiantuotanto for the design, supply and erection of a retrofit-selective catalytic reduction (SCR) system for TSE's Naantali unit 3 in Finland.

http://phx.corporate-ir.net/phoenix.zhtml?c=80422&p=irol-newsArticle&ID=1940324&highlight=

AMEC has been awarded a strategic framework contract by the Emirates Nuclear Energy Corporation (ENEC) to provide services for their nuclear new build programme in the United Arab Emirates.

ENEC will build a total of four nuclear energy plants by 2020, pending regulatory approvals. Units 1 & 2 are already under construction, with the first plant scheduled to commence commercial operations in 2017.

http://www.amec.com/media/news_releases/2014/amec_wins_consultancy_contract_for_uae_nuclear_energy_programme.htm

A Skanska-led venture with Kiewit and ECCO III Enterprises has signed a USD555 million contract to design and build the new Kosciuszko Bridge in New York City, USA.

Skanska, which has a share of the project valued at USD250 million, will design and build new eastbound structures for the Kosciuszko Bridge. Skanska will also perform the demolition of the existing bridge structures and buildings on acquired properties. Construction has begun and substantial completion is expected in early 2018.

http://www.group.skanska.com/en/Media/Display-news/?nid=5HGQs7uO

Marine contractor Subsea 7 has been awarded a USD50 million contract in the U.S. Gulf of Mexico by Freeport-McMoRan Oil & Gas, in support of its development of the KOQV and Holstein Deep fields. The contract value is in excess of USD50 million.

Subsea 7 has been contracted for the installation of flexible pipelines and umbilicals for both fields, using the vessel Seven Seas in the fourth quarter of 2015.

http://www.subsea7.com/en/index.html

First Solar, Inc. has been chosen by energy company Tenaska Solar Ventures to design and build the 150 MW Tenaska Imperial Solar Energy Center West project near El Centro, California.

First Solar has already started engineering and expects to begin construction later in 2014, with full commercial operation anticipated in 2016.

http://investor.firstsolar.com/releasedetail.cfm?ReleaseID=854656

AECOM revealed that GrandLinq, a public-private partnership (PPP) in which it participates, has been awarded a USD23 million contract for the design, build, operation and maintenance of grade light rail transit (LRT) system between Waterloo and Kitchener in Canada.

http://www.aecom.com/News/Press+Releases/_carousel/AECOM+design+partnership+awarded+contract+for+Region+of+Waterloo+light+rail+transit+project+in+Canada

Alstom has signed a USD13.63 million contract with Länsi-Suomen Voima Oy, owner of the 72 MW Harjavalta hydropower plant, to retrofit and upgrade two existing generators and provide one new generator. Works will be executed between 2016 and 2017, and they are part of a larger modernisation project, which aims to increase the power plant output to 110 MW.

http://www.alstom.com/press-centre/2014/6/alstom-will-supply-and-upgrade-generators-for-harjavalta-hydro-power-plant-in-finland/

Alstom also signed a deal with CPFL Renováveis, to deliver, erect and commission 19 ECO 122 wind turbines in the Pedra Cheirosa wind farm in the northeast of Brazil. The wind turbines will come online in December of 2017.

http://www.alstom.com/press-centre/2014/6/alstom-will-supply-19-eco-122-wind-turbines-for-cpfl-renovaveis/

Mitsubishi Heavy Industries, Ltd (MHI) and Siemens AG confirmed that they have joined forces and provided a proposal for the French multinational conglomerate, Alstom. The details of the proposal can be viewed below.

http://www.siemens.com/press/en/pressrelease/?press=/en/pressrelease/2014/corporate/axx20140646.htm

Hydroworld.com reports that Vancouver-based Los Andes Copper Ltd. has entered into an agreement with Icafal Inversiones SA to develop and finance a 28-30 MW hydroelectric plant on the Rocin River in Chile.

http://www.hydroworld.com/articles/2014/06/los-andes-copper-icafal-announce-plans-for-30-mw-hydroelectric-project-in-chile.html

Inpex Corporation has been awarded an exploration permit for Release Area WA-504-P, offshore western Australia.

http://www.inpex.co.jp/english/news/pdf/2014/e20140613.pdf

Wood Group PSN has entered into a non-binding MoU with ABT Oil and Gas Ltd (ABTOG) to create a 50/50 jointly controlled entity.

The new entity will deliver services dedicated to the development of projects for stranded and marginal hydrocarbon fields, initially in the North Sea utilising ABTOG's intellectual property for buoyant technology and the engineering, project management and delivery execution expertise of WGPSN.

http://phx.corporate-ir.net/phoenix.zhtml?c=138840&p=RssLanding&cat=news&id=1939306

Chevron Phillips Chemical Company LP (Chevron Phillips Chemical) held its second groundbreaking ceremony for its U.S. Gulf Coast (USGC) Petrochemicals Project at the construction site in Old Ocean, Texas. The construction includes two polyethylene units that will each produce 500,000 metric tonnes of plastic resin every year.

http://www.cpchem.com/en-us/news/Pages/Chevron-Phillips-Chemical-Breaks-Ground-on-Two-World-Scale-Polyethylene-.aspx
 
Statoil and co-venturer ExxonMobil have made sixth discovery and the fifth high-impact discovery in Block 2 of the Piri prospect, offshore Tanzania.

The discovery of an additional two to three trillion cu ft of natural gas in place in the Piri-1 well brings the total of in-place volumes up to approximately 20 trillion cu ft in Block 2.

http://www.statoil.com/en/NewsAndMedia/News/2014/Pages/18Jun_Tanzania.aspx

Nigeria's Dangote Group has secured a USD300 million loan for the construction and operation of a greenfield refinery and polypropylene plant in Nigeria, reports Oil & Gas Journal.

http://www.ogj.com/articles/2014/06/loan-approved-for-grassroots-nigerian-refinery.html

CB&I has been awarded a USD500 million contract by Indianapolis Power & Light for the engineering, procurement and construction of a natural gas-fired power plant in Indiana, says PowerEngineering.com

http://www.power-eng.com/articles/2014/06/cbi-to-design-build-combined-cycle-natural-gas-fired-power-plant.html

UK and China have signed two agreements enabling Chinese companies to invest in nuclear power plant projects, and to build Chinese-design nuclear reactors in the UK, said the Department of Energy and Climate Change (DECC).

https://www.gov.uk/government/organisations/department-of-energy-climate-change

Millbrook Power Limited has applied to develop a gas-fired peaking plant and connection infrastructure with a capacity of 299 MW.

http://infrastructure.planningportal.gov.uk/projects/eastern/millbrook-power/

Balfour Beatty has been awarded a USD313.5 million contract to upgrade a 17-mile stretch of the M60 and M62 to a 'smart motorway'.

http://hsprod.investis.com/servlet/HsPublic?context=ir.access&ir_option=RNS_NEWS&ir_client_id=83&item=1789826688876544

 

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