Month September 2016

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Staatsolie wraps Suriname refinery expansion

09.09.2016|Oil & Gas Journal
State oil firm Staatsolie Maatschappij Suriname NV has completed and fully commissioned a 10-year project to more than double crude oil processing capacity at its Tout Lui Faut refining complex about 12 miles south of Suriname’s capital city of Paramaribo.
Now equipped to process 15,000 b/d of Surinamese Saramacca crude compared with its previous 7,000-b/d processing capacity, the expanded refinery has reached production of more than 1 million bbl combined of premium diesel and gasoline, Staatsolie said.
The production milestone, which the Tout Lui Faut refinery achieved on Aug. 28, occurred over the course of the 8-month period since contractor Saipem SPA’s formal handover of the completed expansion project to Staatsolie’s management on Dec. 17, 2015, the company said.

Turkish firm plans $4bn spend in Iran power sector

09.09.2016|Trade Arabia
Turkey’s Zorlu Enerji plans to invest more than $4 billion for the construction of gas-fired power plants in Iran, the company’s CEO was quoted as saying in an Iran Daily report.
An investment plan is likely to be announced this year for building about 5,000 MW of capacity in Iran, Omer Yungul noted, the report said, citing Bloomberg.
Meanwhile, Unit International is currently awaiting Iran’s approval to begin constructing seven power plants worth about $4.2 billion in the country, the report said.
The company expects to begin construction of the plants in the first quarter of 2017.
Unit International’s agreement signed in June is part of a much wider effort by Iran to boost its power capacity. The country currently produces 74,000 MW of electricity, but it plans to raise this to more than 120,000 MW within the next 10 years, the report said.

Algeria to send oil to Cuba to offset falling Venezuelan supplies

07.09.2016|Reuters
Algeria is sending crude to Cuba for the first time to help offset lower supplies from Venezuela, hit by production problems due to low oil prices, sources with direct knowledge said.
Algeria’s state-owned Sonatrach will send a cargo of crude oil to Cuba in October, the sources said, to supplement falling Venezuelan supplies.
The cargo would be the OPEC member’s first crude delivery to Cuba, sources who monitor its exports said.

Gamesa lands 69MW Italian job

06.09.2016|ReNews
Gamesa has won a deal to cover maintenance at the 69MW Ramacca wind farm on the Italian island of Sicily.
The 46-turbine project is operated by energy company Alpiq and features ECO 080 turbines.
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Gamesa will tackle maintenance at the 2008-commisioned site for the next three years, the Spanish company said.
It brings the turbine manufacturer’s total servicing capacity to over 22GW in some 40 countries, including some 1.1GW in Italy.
“This contract evidences the reach of the company’s services portfolio, which, underpinned by its 22-year track record, encompasses premium technological solutions for wind turbines made by other OEMs as well as its own,” said Gamesa.

Mendoza province bids for 200 MW of wind, solar in Argentine tender

06.09.2016|SeeNews
Mendoza province has 125 MW of solar photovoltaic (PV) and 74 MW of wind projects competing for power purchase contracts in Argentina’s 1-GW renewables tender.
Energy head Pablo Magistocchi and a team from local energy company Emesa (Empresa Mendocina de Energia Sociedad Anonima), presented on Monday the 13 bids by local projects in the national tender. The list includes seven PV proposal ranging from 1.2 MW to 20 MW in capacity, two wind projects of 50 MW and 24 MW, and four small hydropower plants of 4.4 MW in total.
The Mendoza government said these projects represent a combined investment of USD 400 million (EUR 363.6m).
The energy ministry announced yesterday it has received 123 bids for projects with a combined capacity of 6,336 MW. The winners in the auction, to be announced on October 12, will sign contracts for up to 20 years at rates per MWh in US dollars