Energy Update
Both firms will explore routes to upgrade and commercialize the non-prime product generated at Borouge, which is a joint venture of ADNOC and Austria-based Borealis.
The process, which is named as compounding, will be carried at the proposed facility, located in the Ruwais Industrial Complex.
In addition, both firms will explore chances to work together for strengthening Ravago’s expertise in multiple areas to further unlock value within the petrochemical chain.
The connection agreement was also signed by the Australian Energy Market Operator.
It includes the terms and conditions for the wind farm to connect to Victoria’s transmission network.
As per the agreement, AusNet Services will build, own and operate a new 70km transmission line.
The transmission line will run south of the Stockyard Hill Wind Farm to a new 500 kilovolt (kV) terminal station and network interface.
The Toronto-based miner said that the production ramp up of Cerro Moro remains on track as planned.
Commercial production from the mine is expected to begin in the second quarter of 2018.
According to the company, the Cerro Moro mine is a high-grade gold and silver operation sourcing ore from a combination of underground and open pit mining.
The firm said that the approval from state regulator is an endorsement of another element of its plan to upgrade its power plants fleet.
Entergy will now purchase the natural gas-fired peaking unit upon completion of construction by a subsidiary of Calpine.
Planned to be constructed west of Bogalusa on the site of a generation project Calpine which was put on permanent hold in 2006, the Washington Parish Energy Center will be purchased for approximately $261m.
This follows the 4 May 2018 announcement that Western Australia Lithium (WAL), its 50:50 joint venture with Sociedad Quimica y Minera de Chile (SQM), had entered into an exclusive option to lease a premier site in the Kwinana Strategic Industrial Area in Western Australia.
Swedish utility Vattenfall and PKA will own a stake of 30% each in the wind project. For this project, which is divided into two parts, Blakliden and Fäbodberget, Vestas has also agreed to supply 84 of its V136-4.2 MW turbines for the wind farms.
The two wind farms Blakliden and Fäbodberget will be located in Åsele and Lycksele Municipality, respectively in central Sweden.
Under this contract, VOS will provide emergency response and rescue vessels (ERRVs) supporting BP’s on-going and future operations in the North Sea and West of Shetland. The contract is for two years with the option to extend to five.
Five modern, purpose-built ERRVs from Vroon Offshore’s versatile fleet of forty vessels will provide the services to BP. They are VOS Fabulous, VOS Vigilant, VOS Innovator, VOS Discovery and VOS Fairness.
The rigs are currently being built by Keppel FELS to the KFELS B class designs. The price for the rigs excludes any down payments made by the original owners.
The agreement will come into effect after Borr Drilling meets certain conditions, including raising sufficient funds, and entering into relevant sales and purchase agreements for the individual rigs.
The highly competitive process resulted in SunSystem Technology winning a three-year contract to conduct system inspections, testing and maintenance. The work spans more than 130 projects totaling over 80MW of solar power generation capacity in 18 states from Massachusetts to Hawaii.
The battery system will store energy and enable SRP to provide clean energy to customers when usage is at its highest and needed most.
The 20MW solar photovoltaic generation facility, which is Arizona’s largest utility-scale solar energy center paired with a battery storage system, will generate enough solar energy to power 5,000 homes and will store excess energy in a state-of-the-art 10 megawatt (MW) lithium-ion battery storage system.
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