Shell U.K. Limited has extended the gas turbine maintenance contract held by Aberdeen-based Rolls Wood Group (RWG) for a further five years to 2015. The multi-million pound extended contract includes maintenance, repair and overhaul of 27 Rolls-Royce Avon and RB211 gas turbines operating on seven offshore platforms in the UK North Sea.
The extended contract retains the same work scope as the original agreement, awarded in 1999, for maintaining gas turbine drivers for electrical power generation and gas compressor sets.
A Deloitte study shows that US natural gas prices are likely to be higher than anticipated by the industry and the futures prices. Natural gas prices in real terms (i.e., today’s dollars) grow by about 50% between 2011 and 2020, or 4.0% per year. Below are a few extracts from the paper.
"Prices escalate in real terms, reflecting demand growth, the rising cost of finding and developing domestic gas resources, and the projected future costs of pipeline and LNG imports. However, despite burgeoning U.S.
GE has successfully completed $3.2 billion acquisition of Converteam, a provider of power conversion and automation systems and power electronics, motors and generators. Converteam’s portfolio includes variable frequency drives and other power electronics, advanced motors and generators, as well as industrial automation and controls. Converteam’s products are widely used in the renewable energy sector, turning intermittent and variable power from solar, wind and tidal sources into the high quality and reliable power required by grid operators throughout the world.
René Umlauft is the new CEO of MAN Diesel & Turbo. The 46-year old has moved from the Renewable Energy division of Siemens AG to Augsburg and will also be joining the Executive Board of MAN SE as a Deputy Member.
The U.S. Department of Energy has selected 16 projects aimed at developing advanced post-combustion technologies for capturing carbon dioxide (CO2) from coal–fired power plants. The projects, valued at $41 million over three years, are focused on reducing the energy and cost penalties associated with applying currently available carbon capture technologies to existing and new power plants.
Ameridrives Couplings now offers a full line of Ameriloc internal and external locking devices and shaft couplings. All units are custom-engineered, manufactured, and tested to tolerances to meet specific customer requirements and provide years of trouble-free service.
The devices eliminate the need for keyways, splines, or hydraulic hubs; allowing for unlimited shaft positioning. Features include zero backlash, reduced shaft stress, and high contact pressure for greater torque. Tight contact prevents contamination in high dust and moisture environments.
Allied Power Group has named Ron Shaver as the new Vice President of Operations. Mr. Shaver will oversee the company’s expansion projects, which include protective coatings, heat treatment and compressor repairs in a facility that is growing to 133,000 square feet.
Terrance N. Ivers, 53 is the new CEO of Siemens Energy's Compression and Solutions Business Unit of the Oil & Gas Division. He takes over from Donald Weir, who has decided to leave Siemens. Since 2007 Ivers was the president of Amec Paragon, an international project management company and service provider to the upstream and midstream (especially pipeline) industries.
GE and China Huadian Corporation have formed a joint venture to develop distributed energy combined heat and power (DECHP) projects that will provide electricity for consumers in China located close to the plants. The $100 million joint venture company will be called Huadian GE Aero Gas Turbine Equipment Co., Ltd, with China Huadian owning the majority share.