Geothermal Energy News

Research into the geothermal port of Rotterdam is entering the next phase, according to the Port of Rotterdam Authority.Shell Geothermal BV and the Port of Rotterdam Authority are jointly investigating the options for geothermal energy in the western part of the port of Rotterdam. The two companies have received an exploration permit from the Ministry of Economic Affairs.The subsurface has been mapped out thoroughly in recent years as part of the Ultra-Deep Geothermal Energy (UDG) green deal. Obtaining the exploration permit means that Shell and the Port Authority will have time in the coming years to further detail their plans, with…

Dutch offshore wind equipment specialist Huisman has been selcted by Royal Boskalis Westminster to deliver a 4,000mt Offshore Mast Crane (OMC) to be installed on their crane vessel Bokalift 2."This commitment reinstates Boskalis’ confidence in Huisman as mission equipment supplier after successful delivery of the 3,000mt Offshore Mast Crane for the Bokalift 1 in 2017," said the worldwide specialist in renewable offshore wind and geothermal energy, oil and gas.With a lifting capacity of 4,000mt at 100m above deck, this crane is capable of lifting jackets for wind turbines off the deck of the vessel. A fly jib allows lifting of smaller…

High-tech deep-drilling company GA Drilling signed a EUR 4.2 million funding agreement with Lead Ventures and a service agreement with MOL Group.Lead Ventures, a Budapest based venture capital firm invested funds provided by MOL Group, and Hungarian Eximbank.The deal gives GA Drilling access to onshore production wells to test its disruptive PLASMABIT plug & abandonment technology in real field conditions.The agreement is a major step in enabling the commercialization of the PLASMABIT technology, which can bring positive environmental impacts, and significant cost and time reductions when compared to conventional methods of decommissioning…

ARENA has invested $1 billion in more than 230 projects, fellowships and scholarships that are paving the way for a more diverse energy future for Australia. Thirty one of these projects have now been completed, with many more scheduled to reach key milestones and/or completion in 2015. Each of these projects is producing valuable knowledge and outcomes that are being shared with the energy industry to help overcome challenges and advance renewable energy in Australia. For example, the South Australian Centre for Geothermal Energy Research’s project has produced a reliable tool for accurate, pre-drilling predictions of geothermal energy reservoir characteristics. This could lead to a significant improvement in geothermal energy exploration and development.

Chevron Corporation today announced that its Bangladesh subsidiary has commenced natural gas production from the Bibiyana Expansion Project in the northeastern part of the country. The project included an expansion of the existing gas plant to process increased natural gas volumes from the Bibiyana Field, additional development wells and an enhanced gas liquids recovery unit. The project is expected to boost Chevron-operated natural gas production capacity in Bangladesh by more than 300 million cubic feet per day to 1.4 billion cubic feet per day. In addition, the project is expected to increase the company-operated natural gas liquids production capacity by 4,000 barrels per day to 9,000 barrels per day. Chevron’s Bangladesh subsidiary has a 99 percent working interest in Bibiyana.

Kenya is yet to decide whether to turn east Africa's only oil refinery into an oil storage facility or pay for its upgrade after buying the remaining 50 percent stake from India's Essar Energy, the energy minister said on Friday. Fuel distributors have long complained about the poor quality products from the 50-year-old refinery in the port city of Mombasa and prefer importing cheaper and better imports. Kenya's government has agreed to pay Essar $5 million to buy the Indian firm's half of the refinery after Essar exited the joint venture in November 2013 and abandoned plans for a $1.2 billion upgrade on the advice of consultants who said it was not economically viable.

Mitsubishi Heavy Industries, Ltd. (MHI) completed its acquisition of Pratt & Whitney Power Systems, the small and medium-size gas turbine business unit of Pratt & Whitney (P&W), an aeroengine manufacturer. Pratt & Whitney Power Systems has changed its corporate name to PW Power Systems, Inc. (PWPS) and is now an MHI group company. The acquisition was completed in accordance with the agreement reached last December between MHI and United Technologies Corporation (UTC) of the U.S., P&W's parent company. As part of the acquisition, MHI also acquired Turboden s.r.l.

Small and Medium-size Gas Turbine Business Unit of P&W -- Agreement Signed with United Technologies, U.S. Mitsubishi Heavy Industries, Ltd. (MHI) has concluded an agreement with United Technologies Corporation (UTC) of the U.S. under which MHI will acquire Pratt & Whitney Power Systems (PWPS), the small and medium-size gas turbine business unit of Pratt & Whitney (P&W), an aeroengine manufacturer. Earlier this week, MHI and UTC, P&W's parent company, signed the agreement. PWPS engages primarily in the engineering, assembly and sales of aero-derivative gas turbines and also provides services of gas turbines and engineering, procurement and construction of related power generation systems. The company has approximately 430 employees. By the acquisition, Turboden s.r.l.

MHI (Mitsubishi Heavy Industries) acquires Pratt & Whitney Power Systems'  'Small & Medium-size Gas Turbine' business unit. Mitsubishi Heavy Industries, Ltd. (MHI) concludes an agreement with United Technologies Corporation (UTC) of the U.S. PWPS engages primarily in the engineering, assembly and sales of aero-derivative gas turbines and also provides services of gas turbines and engineering, procurement and construction of related power generation systems. The company has approximately 430 employees. By the acquisition, Turboden s.r.l.

Asset integrity and initiatives to tackle skills shortages are among the subjects to be discussed when Aberdeen City and Shire’s leading renewable energy industry body hosts a business seminar in Aberdeen today (Tuesday, October 18). Leading figures from five of Aberdeen Renewable Energy Group’s (AREG) member organizations will be highlighting and addressing current industry issues. They will also brief fellow members on recent developments and emerging solutions in their specialist areas.