Chevron Approves Next Major Tengiz Expansion Project in Kazakhstan

by Timothy Reeder | Jul 5, 2016 | News

Chevron Corporation today announced that its 50 percent owned affiliate, Tengizchevroil (TCO), will proceed with the development of its Future Growth and Wellhead Pressure Management Project (FGP-WPMP), which will increase crude oil production at the Tengiz oil field...

Siemens signs long-term wind service agreement in UK

by Timothy Reeder | Jul 1, 2016 | News

Siemens has been awarded a long-term contract extension for service and maintenance at the 350-megawatt (MW) Clyde wind farm in Scotland. The customer is Clyde Windfarm (Scotland), LTD, owned by SSE, Greencoat UK Wind and GLIL. This is the sixth service agreement...

Siemens onshore wind turbines for Saxony

by Timothy Reeder | Jul 1, 2016 | News

Siemens will supply three direct drive wind turbines of the type SWT-3.2-113 for the onshore wind power plant Naundorf. These modern wind turbines add about ten megawatts (MW) to the site’s existing wind power capacity. Additional Siemens medium-voltage...

BP announces final investment decision to expand Indonesia’s Tangguh LNG facility

by Timothy Reeder | Jul 1, 2016 | News

BP, on behalf of Tangguh Production Sharing Contract Partners, today announced that the Final Investment Decision (FID) has been approved for the development of the Tangguh Expansion Project in the Papua Barat Province of Indonesia. “The Tangguh Expansion Project...

Gazprom commissions two new power units of some 1 GW in total capacity

by Timothy Reeder | Jul 1, 2016 | News

Two new coal-fired power units – STU-660 at the Troitsk SDPP and STU-330 at the Novocherkassk SDPP – were put into operation today during the annual General Shareholders Meeting of Gazprom. The total installed capacity of the new power units is around 1 GW. The...

ExxonMobil Says Second Well Offshore Guyana Confirms Significant Oil Discovery

by Timothy Reeder | Jul 1, 2016 | News

Exxon Mobil Corporation recently said that drilling results from the Liza-2 well, the second exploration well in the Stabroek block offshore Guyana, confirm a world-class discovery with a recoverable resource of between 800 million and 1.4 billion oil-equivalent...