Wood Group has acquired BETA Machinery Analysis (BETA), a Calgary-based engineering consultancy specializing in advanced vibration analysis in a deal valued at US$14.3 million. The engineering consultancy will operate under Wood Group Kenny, within the Wood Group Integrity Management business, and Wood Group Kenny will provide an all-of-facility integrity management service to both Wood Group’s and BETA’s client base.
TEES and Keyyang sign research and scholar-exchange agreement
June 28 2015 -
The Turbomachinery Laboratory (Turbo Lab), a research center in the Texas A&M Engineering Experiment Station (TEES), recently signed an international research and scholar-exchange agreement with Korean turbocharger industry leader, Keyyang Precision Co., Ltd. The formal signing was attended by Sang-jick Yoon, Korean minister of trade, industry and energy, as part of the U.S.-Korea Business Forum held at the Hilton Houston Post Oak. It secures a critical international partnership during the centennial anniversary of TEES.
Ansaldo Energia has been awarded three major contracts in Egypt worth over EUR 240 million. The company is owned 44.8% by Fondo Strategico Italiano. The first two contracts, Al Shabab and West Damietta, cover the conversion to combined cycles of two power plants owned by Egyptian Electricity Holding Co., the Egyptian Government Electricity Authority, which manages over 90% of the country’s power generation capacity.
Siemens extends gas turbine packaging agreement with Centrax
June 24 2015 -
Siemens has extended its packaging agreement for gas turbines with the engineering company Centrax Ltd. to 31 European countries. Since June 2011, Centrax has packaged Siemens SGT-300 and SGT-400 gas turbine series under the product names CX300 and CX400.
MAN Diesel & Turbo wins overhaul contract from Oman
June 21 2015 -
MAN Diesel & Turbo recently won a major contract with Oman Oil Refineries and Petroleum Industries Company (ORPIC) for a large shutdown engineering project at the ORPIC refinery in Sohar, which is situated nearly 200 kilometers northwest of Muscat. The refinery processes will be shut down for a major overhaul in spring 2016, and around 100 specialists from MAN Diesel & Turbo in Deggendorf are likely to overhaul key components of the RFCC plant.
Oklahoma’s 103MW natural gas plant begins operations
June 20 2015 -
Oklahoma Municipal Power Authority recently dedicated a $90 million natural gas plant in a ceremony, north of Ponca City. The Charles D. Lamb Energy Center is a 103MW plant powered by a simple-cycle turbine using natural gas and is the state's first natural-gas fired power plant since 2011.
PSEG Power acquires natural gas combined-cycle plant in Maryland
June 19 2015 -
PSEG Power, through its unit PSEG Fossil, has acquired the 755 MW Keys Energy Center project from Genesis Power and an energy-focused private equity fund managed by Ares EIF Management. PSEG Power plans to rename the facility the PSEG Keys Energy Center.
Mitsubishi Hitachi to supply three M501J gas turbines for GTCC plant
June 19 2015 -
Virginia Electric and Power Co. has ordered three M501J gas turbines from Mitsubishi Hitachi Power Systems Americas to be manufactured and assembled at Mitsubishi’s Savannah Machinery Works and installed at the power company’s Greenville County Power Station. The new power plant will combine the output of the three M501J gas turbines with a steam turbine, resulting in a new construction gas turbine combined cycle or GTCC power plant, said Sam Suttle, vice president for North American Manufacturing and Repair.
LNG plant planned in Canada to ship out North American gas to Asia
June 13 2015 -
Malaysia’s state-owned energy company recently said it would build a large-scale natural-gas plant on Canada’s Pacific coast, paving the way for the export of cheap North American gas to high-demand markets in Asia. The 36 billion-Canadian-dollar (US$29.3 billion) project is known as Pacific NorthWest LNG, and is said to be the first of nearly two dozen liquefied-natural-gas plants proposed for the Pacific Coast to move ahead with construction. Petronas is likely to start up commercial operations in 2019.