Mining, Oil & Gas Where would we be without the benefits that mining, oil and gas have provided us. This is an important sector, providing energy to keep our society going.
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Sheffield heavy engineering concern, DavyMarkham has been awarded a massive $20 million order for the supply of mining hoists and associated electrical drives and controls, by top mid-tier gold producer IAMGOLD Corporation of Toronto, Canada. The contract includes the largest double drum hoist supplied to North America in recent times, with a diameter of 21ft (6.4m), a drum width of 8ft (2.4m) and a payload capacity of 44,000lbs (20,000kg). It will serve as the main production hoist, operating at depths down to 8,700ft (2,652 metres), at IAMGOLD’s exciting new Westwood exploration programme.
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Wednesday 4 February, 2009 01:00 PM |
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When the Federal Government introduced the Local Content Initiative in the nation’s oil and gas sector in 2006, everybody including the local and multi-national players applauded it as a decision in the right direction to stimulate indigenous participation, build capacities, increase the Gross Domestic Products and ultimately, reposition the nation’s ailing economy. |
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Saturday 31 January, 2009 02:25 PM |
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Geovic Mining Corp , on behalf of its 60%-owned subsidiary Geovic Cameroon PLC (GeoCam), is pleased to provide an update on progress at its Nkamouna cobalt-nickel-manganese project (Project) in Cameroon, Africa, as well as an outline of research programs and testing currently underway to improve its financial performance. |
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Sunday 25 January, 2009 04:57 PM |
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State-owned petroleum company PetroSA has appointed US-based and NYSE-listed engineering firm KBR the engineering contractor for Project Mthombo, the proposed $11-billion, 400 000-bl/d Coega crude oil refinery.
Speaking in Cape Town, PetroSA president and CEO Sipho Mkhize stated that KBR had been contracted to work with PetroSA to provide feasibility and front-end engineer- ing and design (FEED) study services for the project. He also expressed the hope that the final project cost would fall, given a possible shift in power relations between buyers and suppliers as the world economy slowed. |
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Sunday 25 January, 2009 11:56 AM |
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Advanced technology is being deployed in many sectors of the energy business. Here we cite three examples that demonstrate the use of Dassault Systèmes software in the fusion, oil exploration and wave power industries. |
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Wednesday 21 January, 2009 08:26 AM |
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Inpex Corp ., operator of a proposed $20 billion liquefied natural gas project in Australia, awarded a contract to JGC Corp., Chiyoda Corp. and KBR Inc. of the U.S. for initial engineering work, moving the plan closer to development.
The work to design the gas processing plant in Darwin will be carried out this year, with production slated to begin in late 2014 or early 2015, Inpex, Japan’s largest energy explorer, said today in a statement to the Tokyo Stock Exchange. A separate contract for the development of the offshore gas fields will be signed “in due course,” it said. |
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Sunday 18 January, 2009 06:54 AM |
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Inpex Corp ., operator of a proposed $20 billion liquefied natural gas project in Australia, awarded a contract to JGC Corp., Chiyoda Corp. and KBR Inc. of the U.S. for initial engineering work, moving the plan closer to development.
The work to design the gas processing plant in Darwin will be carried out this year, with production slated to begin in late 2014 or early 2015, Inpex, Japan’s largest energy explorer, said today in a statement to the Tokyo Stock Exchange. A separate contract for the development of the offshore gas fields will be signed “in due course,” it said. |
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Friday 16 January, 2009 08:35 AM |
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Europe's refinery sector remains quite busy, but there are signs the falling crude oil prices and the global recession are beginning to have effects.
In Germany, Aker Solutions won a five-year framework contract by Deutsche BP AG for the provision of engineering and construction management services at its Erdol-Raffinerie Emsland (BP - Lingen) production facility in Germany. Typical projects will cover expansion projects; revamp; support for HSE management, turnaround management, and permitting; implementation of environmental legislative requirements; de-bottlenecking; and maintenance-driven projects. Project scope will extend across option development, feed studies, engineering, construction management, and commissioning support. The refinery started up in 1953, and its crude oil refining capacity today totals around 4 million metric tons per year. Output consists mainly of petrol and diesel, jet fuel, light heating oil, chemical precursor products for regional consumption and for customers based in Germany and in the neighboring Netherlands. |
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Friday 9 January, 2009 08:01 AM |
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Three years ago a group of scientists and major petroleum companies formed a research consortium called Digital Core to explore new ways of analysing oil bearing rock samples. Today, Digital Core leads the world in measuring and modelling porous rock, and the backbone of the consortium is the Computed Tomography Facility that researchers at the Department of Applied Mathematics built from the ground up.
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Monday 17 November, 2008 03:00 PM |
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Mustang Engineering ("Mustang"), part of international energy services company John Wood Group PLC ("Wood Group"), has been awarded the front-end engineering design (FEED) for the topsides facilities on Hess Corporation's ("Hess", NYSE:HSE) Pony Deepwater Development. The Pony field is located in the Green Canyon area of the deepwater Gulf of Mexico, offshore Louisiana in approximately 3,500 feet of water. The current development plan includes subsea wells tied back to a floating processing facility. Mustang has been working with Hess over the past year, studying various field development configurations to develop this challenging reservoir. The FEED study is expected to be completed by year-end. |
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Wednesday 15 October, 2008 10:10 AM |
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As part of its contribution towards the development of the oil and gas industry in Nigeria, the Petroleum Technology Development Fund (PTDF) will spend a whopping sum of N17.5 billion for the upgrade of teaching facilities at the Petroleum Training Institute in Effurun, Delta State.
The Executive Secretary of PTDF, Alhaji Kabir Mohammed disclosed this at the weekend while speaking on a radio Nigeria network phone in programme, "Radio Link", even as he indicated interest in expanding the programmes of the Fund to accommodate other courses in its scholarship progamme. According to the executive secretary, the intervention programme embarked upon by the Fund at the Institute is to upgrade it to international standard so that graduates from the Institute can compete with their counterparts in the world.
According to the PTDF boss, the oil and gas has been in existence for the past 50 years but regretted that the industry has been dominated by foreigners. He stated that a survey conducted by the Federal Government in 2004 has shown that Nigeria depends on expatriates to execute minor jobs in the oil and gas industry such as welding, fabrication and even engineering design.
Explaining further, Alhaji Mohammed disclosed it was based on that survey that the Federal Government has decided to come up with a policy to achieve local content in oil and gas by the Year 2020. "Government came up with a policy to attend local content in oil industry by 2020", he emphasised. The PTDF boss disclosed that three areas of focus in attaining the local content in the industry are: welding; fabrication and engineering design. |
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Tuesday 7 October, 2008 09:33 AM |
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ConocoPhillips has assigned new engineer-service contracts, so-called FEED_contracts (front-end engineering), in connection with the development of the Ekofisk area.
Up to 100 billion kroner will be used on four new platforms, wells and water-injections.
Aker gets the job
Aker Solutions will design two new platforms for the Ekofisk-field, called Eldfisk 2/7 S and Eldfisk 2/7 N. Aker has also been assigned the contract for design of undercarriage, bridges and support functions for the two new platforms. |
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Wednesday 1 October, 2008 10:27 AM |
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Design and installation specialists of overland conveyors Sandvik Materials Handling has installed a 4,5 km conveyor system for the new multi-million rand Lumwana open pit mining venture in north-west Zambia, says Sandvik Materials Handling commissioning engineer Willem Niemandt.
The system was designed and built by Sandvik Materials Handling as sub-contractor's to joint venture partners Ausenco and Bateman Engineering, who were awarded the engineering, procurement and construction contract for the project. Production is expected to begin at the mine before the end of 2008.
Computer design, through Discrete Modelling software, was used to ensure that the system would be able to handle the high production tonnages specified by the mine owners, particularly at the transfer chute where the material leaves the primary crusher and drops onto the overland conveyor, and also between the other conveyors. |
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Friday 26 September, 2008 11:06 AM |
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HOUSTON - FMC Technologies, Inc. announced today that it has signed a five-year agreement with ConocoPhillips Scandinavia AS for the supply of subsea equipment and services for a water injection development in the Ekofisk field. The development is a replacement of the existing Ekofisk 2/4 W injection platform at the southern part of the Ekofisk Complex.
The contract, valued at approximately $120 million, includes the project management, engineering, procurement, manufacture and delivery of subsea equipment and offshore support services for eight subsea trees. The contract also has an option for an additional seven subsea trees and future provisions for up to a total of fifty subsea trees. |
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Wednesday 2 July, 2008 09:37 AM |
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London and Cairo - Ulf Henriksson, Chief Executive Officer of Invensys plc, visited Cairo today to finalise a joint venture between Invensys Process Systems (IPS), ENPPI and GASCO that will train hundreds of Egyptian engineers and establish Egypt’s first Industrial Automation Engineering Centre of Excellence. The joint venture will play a significant role in the modernisation of the Egyptian petroleum industry, helping Egypt increase refinery utilization, maximise productivity and minimise maintenance costs. |
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Tuesday 1 July, 2008 01:37 AM |
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THE good times are back for the North East’s offshore industry as Karen McLauchlan reports.
TEN years ago, the region’s offshore industry was hanging by a thread and the future looked desperate. Order books were empty, yards were closing and hundreds of workers faced joining the dole queue.
Today, the picture could not be more different with the sector “transformed” in the last decade, according to industry leaders.
New projects are up and running, securing new investment and creating new jobs.
While the sector is thriving globally – so are developments closer to home. |
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Saturday 28 June, 2008 09:32 AM |
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The Zondagsfontein coal project , a joint venture (JV) between coal-mining companies Anglo Coal South Africa, Anglo Inyosi Coal (AIC) and BHP Billiton Energy Coal South Africa (Becsa), represents the first major growth project for AIC, a black economic-empowerment company created last year as part of Anglo Coal’s second wave of empowerment. |
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Saturday 28 June, 2008 01:50 AM |
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Al Rushaid Group and Zeeco signed a Joint Venture agreement to build an original equipment manufacturer (OEM) facility for Flare Technologies utilizing Saudi Aramco's patented High Pressure Air Assist System, HPAAS.
This technology was developed by Saudi Aramco's engineer Mazen Mashour and supported by personnel from Saud Aramco's Project Management, Southern Area Oil Operations, and New Business Development.
The technology will enable companies like Saudi Aramco to better operate in an environmentally sound and ecologically sustainable manner. |
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Friday 27 June, 2008 11:08 AM |
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Oil talk by anyone not associated with serious knowledge of offshore oil work can be amusing, at best. Mr Bush saying the opening of offshore waters will ease gasoline prices is dreamy. |
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Wednesday 25 June, 2008 09:48 PM |
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Eike Batista sits in the boardroom of his mining company, MMX Mineracao e Metalicos SA, overlooking Rio de Janeiro's Sugarloaf Mountain, a vitamin cocktail dripping into his left arm to stave off aging.
The intravenous bag is hanging on the pole of the green, yellow and blue Brazilian flag that stands next to the 51-year-old multibillionaire. Batista's focus isn't on the drip but on a deluge of decisions, including how to seal a $5.5 billion sale of two iron ore mines to London-based Anglo American Plc, according to Paulo Gouvea, an MMX executive who was present that January evening. |
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Tuesday 24 June, 2008 09:46 AM |
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HOUSTON -- Soaring oil and gas prices may be a fiscal drag for much of the nation, but here in the self-styled energy capital of the world they are feeding an economic surge. |
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Tuesday 24 June, 2008 07:59 AM |
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