New base 532 special 03 february 2015

  • View
    64

  • Download
    0

Embed Size (px)

Text of New base 532 special 03 february 2015

  • NewBase 03 February 2015 - Issue No. 532 Khaled Al Awadi

    NewBase For discussion or further details on the news below you may contact us on +971504822502 , Dubai , UAE

    UAE:DEWA receives delegation from lectricit de France AMEinfo

    HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA) received a delegation from lectricit de France (EDF), the French electricity company. The delegation included Marina Hashim, Managing Director of EDF Middle East, and Alain Regnier, Manager of Business Development & Institutional Affairs, EDF International Development Division, Middle East and North Africa.

    Al Tayer welcomed the visitors and gave an overview of the key projects DEWA is currently implementing in Dubai and the latest technologies and green initiatives that support the Dubai Integrated Energy Strategy 2030 to diversify the energy mix and reduce energy demand in Dubai by

    implementing international best practices in preserving natural resources.

    Al Tayer highlighted DEWAs efforts to be a global role model in implanting smart applications and systems. He noted that DEWA achieved competitive results surpassing leading European and American companies in efficiency and reliability. The delegation appreciated DEWAs achievements, emphasising that EDF is keen to exchange expertise with DEWA to share it success stories.

    The EDF delegation outlined the companys latest developments and projects. They highlighted EDFs record of achievements in electricity technologies, and in research and development. EDF has one of the oldest and largest energy research and development centres in the world.

    The delegation expressed their interest in taking part in DEWAs projects, particularly those related to clean energy, and exchange of knowledge, expertise, and technologies, as well as contributing to the sustainable development of Dubai. Al Tayer welcomed the exchange of expertise between DEWA and EDF.

  • Qatari N-KOM celebrates 100th LNG carrier repair N-KOM + NewBase

    Nakilat-Keppel Offshore & Marine (N-KOM) celebrated its 100th LNG carrier repair at Erhama Bin Jaber Al Jalahma Shipyard in Qatar. The milestone is confirmation of N-KOMs position as a leading provider of repairs and maintenance to LNG carriers in the region.

    N-KOMs strengths include the might of its leading parent companies Qatars Nakilat and Singa pores Keppel Offshore & Marine a high level of LNG carrier expertise and Erhama Bin Jaber Al Jalahma Shipyards strategic location in Ras Laffan

    Industrial City. Abdullah Fadhalah al-Sulaiti, N-KOM chairman and Nakilat managing director said, Nakilat is a world-leader in global gas transportation and we are proud that Nakilats joint venture with Keppel Offshore & Marine has grown to become a leader in the repair of LNG carriers.

    The shipyards continued success is part of our commitment to the sustainable diversification of Qatars economy and to the Qatar National Vision 2030. On the occasion of this important milestone, we are deeply thankful to HE the Minister of Energy and Industry, Dr Mohamed bin Saleh al-Sada for his invaluable guidance. We are also grateful to our stakeholders including QP for their ongoing support of Erhama Bin Jaber Al Jalahma Shipyard.

    The shipyard counts major industry players such as MOL, NYK, K-Line, Teekay, Pronav and Shell amongst its growing clientele today. In an effort to strengthen its service offering for sustainable solutions, the shipyard has signed an agreement to co-operate on LNG and gas solution projects.

    N-KOM is set to undertake the first ME-GI (electronically controlledgas) conversion of a Q-Max LNG carrier later this year, and is also involved in other engine retrofit projects for vessels to run on LNG fuel.

    Established in 2007, N-KOM is a joint venture between Nakilat and leading offshore rig constructor and ship repairer Keppel Offshore & Marine. Nakilat is a Qatari marine transport company providing the essential transportation link in Qatars LNG supply chain. Its LNG shipping fleet is the largest in the world, comprising 61 LNG vessels.

    The company also manages and operates four large LPG carriers and four LNG carriers. Through two strategic joint ventures, N-KOM and NDSQ, Nakilat operates the ship repair and construction facilities at Erhama Bin Jaber Al Jalahma Shipyard. Nakilat also offers a full range of marine support services to vessels operating in Qatari waters.

  • BYTIMES NEWS SERVICE

    GE Oil & Gas yesterday said its downstream technology solutions business has been awarded along-term service contract with Qatar Fertiliser Company (Qafco) to help optimise the performanceof the company's fertiliser plant in Mesaieed, Qatar. Qafco is one of the world's largest fertiliser

    producers.

    The actual agreement is betweenQafco and GE's joint venture withQatar Petroleum, Al Shaheen GEServices Company (QSC), whichsupports GE's regionalisationstrategy of deploying capabilityand resources closer to itscustomers around the world

    The long-term service agreementcovers the standard maintenanceand repairs of existing GE on-sitepower and compressionequipment as well as training forQafco workers and site operators.Qafco's Mesaieed facility produces

    ammonia and urea contributing to the total Qafco annual production capacity of 3.8 million MT ofammonia and 5.6 million MT of urea

    "A key priority for us is to optimise the long-term availability and efficiency of our Mesaieed plant'sexisting fertiliser production facilities," said Khalifa A Al Sowaidi, chief executive officer.

    "Not only is GE Oil & Gas the original equipment manufacturer for the gas and steam turbines,centrifugal compressors and associated equipment, but it also has the proven local customerservices capabilities we need to help us meet our production targets," he added

    The agreement with Qafco comes nearly a year after GE first launched its downstream technologysolutions business to more effectively serve the $10 billion refining, petrochemical, industrial anddistributed gas segments. Downstream technology solutions provides integrated solutions, addingthe value of a single equipment source with a key focus on applications for ethylene, low-densitypolyethylene, ammonia and urea as well as refinery processing

    Rami Qasem, president and chief executive officer of GE Oil & Gas for the Middle East, NorthAfrica and Turkey, said: "This agreement with Qafco further builds on our strong partnership withthe organisation and our long-term presence in Qatar. Our existing equipment will bring the cuttingedge in GE's innovative technology, assuring higher efficiency, reliability and will support theoptimal performance of the company's fertilizer plant in Mesaieed, Qatar. "Our long-term service agreement with Qafco illustrates the many advantages that we can offerour customers in the fertiliser and other downstream industries through our collaborations withlocal project partners," said Hasan Dandashly, president and chief executive officer ofdownstream technology solutions, GE Oil & Gas. "The agreement also underscores how GE'sregionalisation strategy enhances the value of our products and services in Qatar and throughoutthe Middle East."

  • Egypt's Gas Production to Fall to 4.85 bcf/d by 2017-18 AlBorsa newspaper + NewBase

    Egypts natural gas production is expected to fall to 4.85 billion cubic feet per day (bcf/d) in fiscal 2017-18 from 5.03 bcf/day in 2014-15, Cairo based newspaper Al-Borsa reported Sunday citing Petroleum Ministry statement.

    Meanwhile the ministry expects countrys natural gas demand is expected to rise by 24 percent from 5.98 bcf/day to 7.42 bcf/day over the same period. Gas imports are expected to rise from 0.5 bcf/day to 1.0 bcf/day starting 2016-17, the newspaper added.

    The Egyptian economy is facing severe gas shortage as local demand has ballooned in recent years amid declining domestic production. The government has been in the process of procuring gas from various sources.

    In December, Algeria and Egypt signed a previously announced natural gas deal. As per the deal Algeria will supply 850,000 cubic meters of LNG in six shipments to Egypt during 2015. The two countries will begin fresh talks shortly regarding supply of Algerian gas during 2016-2020, the ministry said adding that negotiations will start in Cairo and will be completed by February in Algiers.

    Cairo is also expected to sign a deal to import LNG from Gazprom. Egypt is likely to buy 35 shipments of LNG over the next five years from the Russian company. Shell is another company likely to begin supplying gas to Egypt this year.

    Earlier this month reports Platts quoted Shell's Middle East and North Africa region vice president, Mounir Bouaziz, as saying that the company will supply Egypt with 1 million mt/year of LNG, starting this year.

  • Work on Duqm Liquids Terminal to start in Q4 2015 (OEPPA Business Development Dept)

    The Special Economic Zone Authority at Duqm (SEZAD), which is overseeing the development of a world-scale industrial and maritime hub on Omans Wusta coast, has invited international engineering firms to prequalify for its contract to design and build a major Bulk Liquid Berths Terminal at the Port of Duqm.

    The facility will be suitably equipped to handle liquid volumes, comprising mainly refined petroleum commodities, chemicals and petrochemicals, that will be generated when a major refinery, as well as other petrochemical plants, come on stream at the adjoining Special Economic Zone. International engineering consultancy services firm WorleyParsons is currently undertaking t