The Gazprom Board of Directors approved the revised investment program and budget (financial plan) for 2018.

• 150 jobs secured at the Johan Sverdrup oil field operated by Equinor
• Oil field among the largest of the Norwegian continental shelf

The Gazprom Board of Directors commended the efforts of the Company to implement its major investment projects.

On the 30th of August 2018 Juwi Renewable Energy signed an agreement with the University of Queensland to deliver a high penetration solar, battery hybrid power solution at the Heron Island Research Station located in the Great Barrier Reef under an EPC contract. The project consists of a 500kW roof top installation combined with a 0.6MWh vanadium flow battery integrated with diesel generators using a microgrid control system. This project is expected to deliver over 80% of the research facilities annual electricity needs and be operational in mid-2019.

Juwi Renewable Energies has concluded three Engineering, Procurement and Construction (EPC) and Operation & Maintenance (O&M) contracts, with a combined value of R3bn, with African Infrastructure Investment Managers (AIIM), Africa’s largest and most experienced infrastructure-focused private equity fund manager and a member of Old Mutual Alternative Investments. This will deliver 250 MW of additional solar PV electricity to South Africa’s power grid over the coming few years.

Juwi has signed two EPC (engineering, procurement, and construction) contracts with a consortium of BIM Group of Vietnam and AC Energy of Philippines, to build two Solar Power projects of 50 MW and 30 MW capacity in Ninh Thuan province, Vietnam.

Cimic Group company UGL has been awarded a contract with ElectraNet Pty Ltd to design, build and commission high voltage substations and transmission lines that will connect the Prominent Hill Mine to the South Australian electricity grid, continuing Cimic Group’s long-standing involvement with the mine.

The partnership will see both companies bring total mobility, autonomous adaptability and mission-critical reliability to data delivery

Skanska will build a hydroelectric power plant in the Norwegian Tolga municipality in Hedmark. The contract is worth NOK 582 million, about SEK 630 million. Skanska's customer is Eidsiva Vannkraft, which, on behalf of Opplandskraft, is responsible for the construction and operation of the power plant. The order is included in the order bookings for Skanska Nordic in the third quarter 2018.

Cimic Group company UGL has secured four new maintenance, shutdown and project services contracts across the energy and resources sectors; further expanding its power generation capability.

The Queensland Resources Council (QRC) has welcomed the Palaszczuk Government’s announcement of progress on the establishment of CleanCo, the planned new renewable energy electricity generator.

The Queensland Resources Council congratulates Scott Morrison on his elevation to the office of Prime Minister.

A milestone in Western Australia marks industry-leading 12th LNG train in under four years

ILF Consulting Engineers was assigned a contract to support a research project regarding operation and maintenance of pumped storage power plants by the Sejong University in Seoul in the Republic of Korea. The project is supported by KHNP (Korea Hydro Nuclear Power Company), owner and operator of all existing pumped storage power plants in the Republic of Korea.

The Queensland Resources Council has welcomed the focus of an ACCC report calling for more competition in the electricity market, including more baseload power alternatives to underwrite supply for industry.

The Chaleun Sekong Energy Co Ltd (CSE) has awarded Pöyry with the owner's engineering services assignment for the Nam Kong 3 Hydro Power Plant (NK3 HPP) project located in Attapue, Laos. The 54 MW green fields project is expected to be completed by May 2020.

The project includes the design, civil works and installation of a Roller Compacted Concrete (RCC) dam, spillway, plunge pool, headrace tunnel, power house tailrace channel and switchyard with associated hydro and electro-mechanical work, as well as erection of a new transmission line. NK3 HPP is one of several power plants that are being constructed in Laos closely monitored by the country's Ministry of Energy and Mines to help reach its target of 12,500 MW capacity by the year 2020. This target aims to solve power shortage problems within the country and bring about economic benefits by supplying 7 to 8 per cent of the energy demands of nearby Sub-Mekong regions.  

Pöyry's assignment includes assistance in project management, design and design review, and site supervision services. As of today, Pöyry has completed the initial river diversion works within 6 months from signing the project contract in November 2017, and two weeks ahead of schedule. The site quarry and crusher system became operational at the end of May 2018 while the structural concrete works in the main dam (bottom outlet / diversion) began last June.

Pöyry has also been a partner in the technical design of many other hydro power plant projects of CSE in the region.  

"We are pleased to be chosen as a trusted partner for this and other project in Laos for CSE, which, upon completion is seen to progress the country's energy landscape and set to improve its social and economic status in the region," said Knut Sierotzki, Director, Hydropower, Asia.

The value of the order is not disclosed. The order will be recognised within the Energy Business Group order stock in H2/2017.

Source: Pöyry

Inter Rao Export LLC, a leading Russian energy company acting as an EPCM Contractor in a number of large international projects, has awarded Pöyry with the assignment for technical audit services provision for the project of the construction of four power units in Cuba: one unit close to TPP "Maximo Gomez" (in the town of Mariel) and the other three at the TPP "East Havana" (in Santa Cruz del Norte, Mayabeque province). The new units will each have 200 MW capacity.

Dywidag-Systems International and Liuzhou OVM Machinery Co (OVM) sign a production joint venture and establish a sales joint venture between Dywidag-Systems International, OVM, Xinergy GmbH and EZ corp.

A consortium consisting of Porr S.A. and Denys NV has been hired by Gaz-System S.A. to build the high-pressure gas pipeline Tworóg-Tworzeń. The pipeline is already the second project that Porr is building for the Polish gas transport operator. The new pipeline aims to improve the transport of natural gas in the Voivodeship of Opole and the Silesia region. The tender is worth around EUR 68m (PLN 290m).

• Additional construction section “Yeso/Volcán System”
• Financial close concluded successfully