Industrial Valve Revenues Will Rise To Between $65 - $75 Billion By 2020
In 2014, Industrial valve sales were less than $57 billion.
By 2020, revenues will rise to between $65 - $75 billion, according to
the latest forecast from the McIlvaine Company in
Industrial Valves: World Market. (www.mcilvainecompany.com)
Inability to precisely predict revenues is due not only to the obvious factors
such as general economic and population growth, but to variables in the process
options. Valve investments vary from option to option.
Using power generation as an example - if coal is considered as the basis
for valve purchases, nuclear purchases of valves will be higher and gas turbines
lower.
Valve Revenues/MW |
|
Nuclear |
1.5 |
Coal |
1 |
Gas Turbine/Combined Cycle |
0.4 |
Efforts by environmentalists to reduce reliance on coal are falling on deaf ears
in Asia. The cost and safety concerns about nuclear power are under scrutiny.
Gas turbine revenues are going to rise at a faster rate than other options but
from a relatively small base. It
would take large double-digit gains to offset the valve purchases for other
options.
The biggest variable presently affecting valve revenues is the choice of oil and
gas extraction method. There are
large differences in valve revenues depending on the choice.
Valve Revenues/bbl of Oil
Equivalent |
|
Subsea and CTL |
4 |
Unconventional, Shale, Tar
Sands, CBM |
3 |
Conventional |
1 |
The price of oil has been cut in half from highs in 2014 of over $100/barrel.
An increase in conventional production at the expense of subsea and other
unconventional options would result in smaller valve revenues.
Valve sales for oil and gas will be negatively impacted by the lower prices. The
question is: What is the magnitude and duration?
Oil prices have always cycled.
When prices fall, the highest cost producers cease activity. Ultimately,
this creates shortages and prices rise.
Producers who will drop out in the short-term are operating on the following
realities:
Exploration |
30-40% of total cost/bbl |
Development and Production |
60-70% of total cost/bbl |
Decline Rates |
5-30%/yr. (production from a specific well) |
Exploration has been estimated to be around $30/bbl for a new source.
So at $50/barrel, the exploration is going to drop substantially.
However, exploration accounts for a relatively small percentage of the
total valve revenues. Development
includes drilling new wells in areas which have already been explored.
So at $50/barrel, there will be justification for this investment.
The cost of operating existing wells is small. Thus this production is
unaffected.
The decline rate is the key factor in the rebound of prices and valve revenues.
Averages of 10-15%/yr. have been cited for the industry.
If no new wells were drilled, the flow would drop by 20 or 30% within
just two years. The decline rate
for shale sources in the U.S. is being debated. The ability of conventional
suppliers in the Middle East to raise production from existing wells is also in
question.
It is likely that demand will continue to rise.
The lower oil prices and booming economies in Asia and the U.S. will
contribute to that rise. So imbalances in supply/demand and potential shortages
will lead to the next round of oil price increases and investment in
unconventional sources.
Valve revenues will also be impacted by technology developments.
The cost of direct coal-to-liquids could be as low as $40/barrel.
If so, China would dominate the world energy picture. There are
continuing developments in the extraction of oil and gas from shale.
The cost of unconventional extraction rises as old wells need enhanced
recovery, artificial lifts and other investments. As the cost of unconventional
extraction is reduced, the margin between the two is narrowed. The result is
less ability to manipulate prices by conventional producers.
Valve performance improvements are another factor which would positively impact
valve revenues. There are lots of problems with subsea valves. Operators will be
willing to pay more for valves which are more reliable under the most extreme
conditions.
Other industries purchasing valves will be positively impacted by lower oil
prices. So in the longer term, a decline in oil and gas valve revenues will be
offset by gains in the chemical, steel, mining and other industries.
The picture changes continually. McIlvaine revises its long-term
forecasts at least once every quarter and more often if events so dictate.
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Industrial Valves: World Market,
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VALVE WORLD MARKET
UPDATE
October-December, 2014
TABLE OF CONTENTS
Acquisition
IMI Purchases Bopp & Reuther
MAT Holding Buys Dorot Control Valves
Spin-Off
SPX Valves to be an Independent Company
Plant Closures
Weir Shutting Five Plants
Updating Facilities
NIBCO Expands Southern Indiana Plant
New Facilities
Bel Valve Opens New Facility in Brazil
Groth Corporation Opens New Flame Control Lab
Finance
Eltorque Expands to US Market
Samson Controls Combining US Subsidiaries into One Company
Drehmo Signs Contract with Cameron to Supply Electric Actuators
People
Cashco Appoints New Director of EPC Management
Curtiss-Wright Chairman Benante to Retire
Powell Valve Reorganizes and Names New Heads
Projects
Metso Books Largest Pulp & Paper Order in Indonesia
VAG Valves Put into San Diego Water Treatment System
FMC Supplying Subsea Trees for UK
FMC Technologies’ First Subsea Tree Built Entirely in Nigeria
Metso Obtains Large Valve Order for Turkish Geothermal Plant
Metso Wins Contract for Chinese Coal Gasification
Rotork Actuators Selected for Columbian Pipeline
SIPOS Actuators and Valves Placed in Australian Water Plant
Cameron Supplying Christmas Trees for Newfoundland Subsea Wells
Fluitek Valves Wins Contract for Order in Abu Dhabi for Carbon Dioxide Injection
OswalIndustries Contracts to Send Valves to US LNG Project among Other Projects
MSA Sends Valves to German Gas Terminal
MSA Wins Valve Contract from Saudi Aramco
New Products
Hayward Introduces New Thermoplastic Butterfly Valve
Flowrox Announces New Slurry Knife Gate Valve
Griffco Company Introduces New Valve for Metering Applications
Crane Parma and Energy Presents New Valves
Flowserve McCanna Provides New Cartridge Ball Valve
Hayward Introduces New Thermoplastic Quarter-Turn Electric Actuator
Wartsila Shipman Expands Marine Valves
Wam Group Brings Out New Butterfly Valve
WORLD WATER AND WASTEWATER DESALINATION
INDUSTRY NEWS
Desalination will account for 35 Percent of Membrane Use Next Year
CH2M Hill leads Water Treatment Study
Yale University's Menachem Elimelech Appointed to Desalitech Advisory Board
PRODUCT NEWS
Danfoss Targets Mid-size Seawater Reverse Osmosis with Pump Launch
New WAVE App Boosts Water Treatment Modeling
NEW PLANT CONSTRUCTION
Biggest Africa Seawater RO Desalination Plant Opens
Saudis to build Second Expansion to Oman Desalination Plant at Barka
Argentina to Receive First-of-its-Kind $10 Million Seawater RO Desalination
Plant
San Diego Gives Green Light to Plans to Reuse Wastewater for Drinking
Belville Planning Board Approves Reverse Osmosis Plant
TECHNOLOGY/NEW PRODUCT NEWS
Thermal Desalination Start-up Technology to be rolled out by Metito
Degremont chooses Dow for Green Reverse Osmosis Pilot
Oasys’ award Winning Desalination Technology
Analysis of Reverse Draw and Feed Solute Fluxes in Forward Osmosis Membrane
Process
Case Study: Cross-Flow Microsand
Filtration Boosts Energy Efficiency, Savings for Canada Deep Water Cooling
System
Improving Paper Mill Feed Water:
Pretreatment Filtration Optimization for Reverse Osmosis
Many projects are detailed in monthly updates under Industry Analysis in the
Report’s Chapters.
CHEMICALS
ETHANOL
FOOD & BEVERAGE
METALWORKING
MINING
OIL & GAS
OTHER ELECTRONICS
PHARMACEUTICAL / BIOTECH
PULP & PAPER
REFINERIES
SEMICONDUCTOR
POWER
For more information on
Industrial Valves: World Market,
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GDP UPDATE
January 2015
Table of Contents
AMERICAS
United States
Brazil
Cuba
ASIA
Brunei
China
Singapore
Thailand
Vietnam
EUROPE / AFRICA / MIDDLE EAST
Europe
Israel
Russia
United Arab Emirates
United Kingdom
Cheap gasoline. More jobs. Rising confidence. Everything’s coming up roses for
U.S. consumers, whose spending fueled the strongest growth since 2003. The gross
domestic product grew at an annual rate of 5.0% in the July-September quarter,
according to the third estimate of growth, released recently by the Bureau of
Economic Analysis.
The GDP report and other economic data led economists to raise their estimates
for the end of 2014 and 2015. “The clear strengthening in activity towards the
end of 2014 may prompt some Fed officials to consider whether they need to raise
rates before the middle of 2015,” Paul Dales, a senior U.S. economist for
Capital Economics, wrote in a client note. ……….The remaining text is not
included in this sample.
In a bid to regain investors’ trust, the Brazilian government revised down its
forecast of GDP growth for 2015 from 2 to 0.8%, a figure that is more in line
with market analysts’ forecasts.
According to the bill that the Brazilian government sent to Congress, economic
growth will pick up only in 2016, when GDP is expected to grow 2% and then 2.3%
in 2017 .……….The remaining text is not included in this sample.
Alfonso Morre has spent nine years studying mechanics and civil engineering in
order to become — a Havana taxi driver. Following President Barack Obama’s
decision to ease the embargo on Cuba, he is hoping for something better.
Driving a 26-year-old Russian-made Lada through the cobbled streets of Cuba’s
capital, Morre says he needs his engineering degree just to keep the car on the
road. That may be about to change. ……….The remaining text is not included in
this sample.
In the third quarter of 2014, Gross Domestic Product (GDP) for Brunei Darussalam
at current prices was estimated at BND$4,428.7 million compared to BND$4,944
million in the second quarter. In terms of GDP growth at constant prices, the
third quarter recorded a decline of 0.2% year-on-year, Borneo Bulletin reported.
This was mainly attributed to the decrease of the Oil & Gas sector by 3.2%.
Meanwhile, the Non-Oil & Gas sector increased by 1.8%.
In the third quarter of 2014, the Agriculture, Forestry & Fishery sector
increased by 4.3% year-on-year due to the increase in the production. ……….The
remaining text is not included in this sample.
Even as a slew of indicators reveal the weak state of China’s economy, officials
are poised to revise the official size of Chinese gross domestic product,
probably upward, making it as much as 10% larger than previously thought.
Beijing will reveal the findings from the country’s roughly twice-a-decade
economic census, for which almost 3 million census takers canvassed more than 10
million companies and 60 million individual-owned private enterprises earlier
this year.
The two previous censuses saw GDP amended upward by 4.4% in 2008 and 16.8% in
2004, as they more accurately measured China’s fast-growing services sector.
……….The remaining text is not included in this sample.
The city-state’s economy expanded less than economists’ estimated last quarter
after its manufacturing industry weakened with slowing growth in China and an
uneven global recovery.
Gross domestic product rose an annualized 1.6% in the three months to Dec 31
from the previous quarter, when it expanded 3.1%, the trade ministry said in a
statement. The median of five estimates in a Bloomberg News survey was for a 3%
expansion.
Singapore's productivity growth has been weak, Prime Minister Lee Hsien Loong
said on Dec 31, and the trade ministry has said the economic outlook for 2015 is
"modest" with a tight labor market restraining some industries. ……….The
remaining text is not included in this sample.
The Thai economy continued to slow in November.
The domestic front remained anemic. Private consumption grew 0.7% from a year
ago versus the 0.3% in October, but one would not call 0.7% growth a major
improvement.
Economists had pinned hope on external demand, particularly in the form of
tourism, since Thailand is now back to normal after the military coup in May.
……….The remaining text is not included in this sample.
According to the General Statistics Office (GSO), Vietnam’s total domestic
product (GDP) in 2014 was estimated to increase 5.98% - the highest since 2011.
This is also the first time after three years that the country’s GDP exceeded
the yearly target set by the National Assembly (5.8% for 2014). In particular,
GDP growth improved each quarter, with an increase of 5.06% in the first
quarter; 5.34% in the second quarter; 6.07% in the third quarter and 6.96% in
the fourth quarter. ……….The remaining text is not included in this sample.
A new Macroeconomic Outlook report from Intesa Sanpaolo argues that oil prices
below $60 a barrel will add up to 0.4% economic growth to oil importing Euro
area nations. Intesa Sanpaolo analyst Luca Mazzomo also points out that there
are likely to be positive secondary effects that ripple through oil importing
economies for some time even if prices begin to move back up in a few months.
Oil prices began trending down over the summer, but the sell-off intensified
into a frenzy in the fourth quarter. Compared to the firm’s September scenario
when prices were forecast to remain roughly stable at prices close to those in
mid-2014, the drop in crude prices to date ……….The remaining text is not
included in this sample.
Israel’s economy expanded faster than previously estimated in 2014 on
accelerated consumer spending, the Central Bureau of Statistics said, revising
an earlier forecast.
Gross domestic product increased 2.6% from 2013, the bureau said at a Jerusalem
press conference, based on partial data for the year. The figure compares with
the bureau’s previous 2.2% estimate.
Growth was crimped in part by 50 days of fighting with the Hamas-controlled Gaza
Strip in July and August. The economy contracted 0.1% in the third quarter, the
bureau said, revising an earlier estimated contraction of 0.4% .……….The
remaining text is not included in this sample.
Russia’s economy contracted last month for the first time in five years amid the
sharp fall in oil prices and the collapse of the ruble.
Gross domestic product shrank by 0.5% in November compared to the same month
last year, the economy ministry said, as Russia’s currency resumed its slide,
which had been halted with a series of robust government support measures over
the previous 10 days. ……….The remaining text is not included in this sample.
The UAE has turned into a major economic power in the region over the past 10
years, with its Gross Domestic Product (GDP) growing from Dh314.8 billion in
2004 to Dh1.54 trillion in 2014, according to a report on the online portal,
HotelandRest.
The report showed that the UAE has witnessed a transition from an oil-based
economy to a more diverse one with multiple sources of income. In the past 10
years, non-oil sectors contributed 69% of the total GDP, dropping the
contribution of the oil sector to almost one third.
The economic growth taking place in the 10 years since the beginning of
President His Highness Shaikh Khalifa Bin Zayed Al Nahyan’s presidency is
expected to continue. According to a forecast by the International Monetary
Fund, the country’s GDP will rise in 2018 ……….The remaining text is not
included in this sample.
The United Kingdom has overtaken France to become the fifth largest economy in
the world after the money made from prostitution and drugs was counted in the
GDP figure for the first time.
Britain's economy is expected to be worth a total £1.86trillion in 2014 - up
from £1.63trillion the previous year - compared to £1.82trillion in France, new
calculations reveal.
Government figures show that prostitution added about £4.3billion to the economy
while illegal drugs provided a roughly £6.7billion boost.
The darker corners of the economy are now being counted - alongside traditional
sectors such as farming and financial services ……….The remaining text is not
included in this sample.
A complete analysis of GDP and monthly updates for individual countries are
included as part of
Industrial Valves: World Market.
For more information on
Industrial Valves: World Market,
click on:
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CHEMICAL UPDATE
DECEMBER 2014
INDUSTRY NEWS
Chemical Manufacturing Up In 2014, ACC Reports
European Polymer Industry Faces Continued Pressure
COMPANY NEWS
Air Liquide to Increase Production of Oxygen, Nitrogen and Argon in East Texas
BASF to Invest Up To $625 Million in New Superabsorbent Polymer Technology
BASF and Jiahua Energy Chemical to Build Sulfuric Acid Plant in China
MERGERS/ ACQUISITIONS
Coatings Maker Hempel Makes Another Acquisition
Mitsui Chemicals and SKC to Form Polyurethane Joint Venture in South Korea
BASF Transfers Automotive Refinish Coatings Business in India to Würth
Ferro Sells U.S. Plastics Additives Business
Eastman Completes Acquisition of Commonwealth Laminating & Coating
Eastman Completes Acquisition of Specialty Chemical Company Taminco
PPG Enters Negotiations to Acquire Automotive Materials Manufacturer REVOCOAT
Solvay Enters Skin Care Market with Acquisition of Dhaymers in Brazil
For more information on
Industrial Valves: World Market,
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OIL & GAS SALES LEADS HEADLINES
December 31, 2014
Oil and Gas Project Tracking is available at a discount to
Industrial Valves: World Market
subscribers.
Treatment chemicals are an important addition to most oil and gas processes.
Access to details on worldwide oil and gas projects is provided at a substantial
discount to
Industrial Valves: World Market
subscribers.
(Listed by most current date)
British Columbia Approves $11 Bln Petronas LNG Project, Two Gas Pipelines
Revision Date: 12/31/2014
Pacific Connector Gas Pipeline Receives Draft Environmental Impact Statement
Revision Date: 12/31/2014
5th and final installment: Exclusive Platts Series on China’s Shandong “Teapot”
Oil Refineries
Revision Date: 12/31/2014
Air Products to Work with Technip on Inner Mongolia LNG Project
Revision Date: 12/31/2014
Dominion Begins Construction Activities for Cove Point LNG Export Project
Revision Date: 12/31/2014
Cheniere to Issue $1.0 Bln Convertible PIK Notes for Corpus Christi Liquefaction
Project
Revision Date: 12/31/2014
Freeport LNG Receives Final FERC and DOE Approvals
Revision Date: 12/31/2014
Applied LNG Announces Midlothian LNG Plant Groundbreaking
Revision Date: 12/31/2014
BG Seeks Revival of Egypt LNG Business with BP Deal
Revision Date: 12/30/2014
FEED Contracts Awarded by BP for $12 Bln Tangguh Expansion Project
Revision Date: 12/30/2014
Clough, GE Strike Small-scale LNG Deal in Australia
Revision Date: 12/30/2014
Floating Gas Terminal Anchored in Lithuania
Revision Date: 12/30/2014
Austria's OMV Sees Slack European Gas Market for Years
Revision Date: 12/30/2014
Poland Plans to Expand New Swinoujscie LNG Terminal to Increase Energy Security
Revision Date: 12/30/2014
Eni, Kogas to Cooperate and Help Develop Mozambique Area 4 LNG Project
Revision Date: 12/30/2014
GNL Quebec $6.23 Bln LNG Proposal Seeks Natgas Export License
Revision Date: 12/30/2014
Asia Leads in Global LNG Demand Growth, China Support
Revision Date: 12/29/2014
Energy World Speeds Up Philippine LNG Project to Tackle Power Shortfall
Revision Date: 12/29/2014
Singapore Prepares for a Bigger LNG Role in Asia
Revision Date: 12/29/2014
LNG Suppliers Eye Markets in Asia
Revision Date: 12/29/2014
Trade Minister Says Singapore Evaluating Sites for Second LNG Terminal
Revision Date: 12/29/2014
BG Group to Delay Prince Rupert LNG Terminal on Canada's Pacific Coast
Revision Date: 12/29/2014
BP Awards FEED Contracts for $12 Bln Indonesian LNG Project
Revision Date: 12/27/2014
Dominion Begins Cove Point LNG Export Project Construction
Revision Date: 12/27/2014
Angola LNG Delays Plant Restart Until Late 2015 that could Cost $12 Bln
Revision Date: 12/27/2014
FortisBC Starts Construction of Expanded Tilbury LNG Facility
Revision Date: 12/26/2014
Bechtel Begins Construction on Expanded Tilbury LNG Facility in BCRevision Date:
12/26/2014
NextDecade Announces York Capital Investment and Formation of Strategic
Partnership to Develop LNG Export Projects
Revision Date: 12/26/2014
New Russian Players Seen Doubling Share in Global LNG Market by 2018
Revision Date: 12/26/2014
Bestobell Marine Wins Contract with Hudong Zhongua Shipyard to Supply Cryogenic
Globe and Check Valves
Revision Date: 12/26/2014
New Saudi-Sinopec Oil Refinery to Delay Exports to 2015
(Article Dated: 12/18/2014)
Phillips 66 Files for Permit to Build Condensate Splitter at Sweeny, TX Refinery
(Article Dated: 12/18/2014)
Mexico's Pemex to Boost Fuel Output with Upgrade at Tula Refinery
(Article Dated: 12/18/2014)
Indonesia to Sign Sales, Refinery Agreements with CNOOC, Saudi Aramco
(Article Dated: 12/18/2014)
Chile Bio Bio Oil Refinery to Get Maintenance Work in March
(Article Dated: 12/18/2014)
Petrobras Starts Furnaces at RNEST Refinery Distillation Unit
(Agreement Dated: 12/18/2014)
Fuel Leak Discovered at Mobil’s Altona Refinery in Australia
(Article Dated: 12/18/2014)
Flint Hills Breaks Ground on Project Eagle Ford
(Article Dated: 12/17/2014)
Japan Refiners Headed Towards Consolidation after 2017
(Article Dated: 12/17/2014)
Kuwait's KNPC to Invest $40 Bln in Period to 2022
(Article Dated: 12/17/2014)
ING Says EU Refining Industry Needs to Shrink by 40 Percent
(Article Dated: 12/17/2014)
Pristec AG Signs Agreement with China’s CNPC for Use of "Cold Cracking
Technology" (Article Dated:
12/16/2014)
Technip Awarded Contract for New Bahrain Refinery Units
(Article Dated: 12/16/2014)
Honeywell to Boost Refinery Operations at Turkey’s Tupras Refineries
(Article Dated: 12/16/2014)
Sinopec Starts 16-mln-bbl Crude Storage Base in China’s Hainan Province
(Article Dated: 12/16/2014)
Vietnam Breaks Ground on Third Oil Refinery Project, to Cost $3.2 Bln
(Article Dated: 12/16/2014)
New Delays Hit Saudi Aramco's Jizan Refinery
(Article Dated: 12/16/2014)
Alon Partners to Acquire Krotz Springs Refinery from Alon Energy
(Article Dated: 12/16/2014)
INEOS Invests $1 Bln in UK Shale for Refining, Petrochemical Feedstocks
(Article Dated: 12/16/2014)
Islamic State Assaults Baiji Oil Refinery
(Article Dated: 12/15/2014)
Chevron Seeks Buyer for Hawaii’s Kapolei Refinery
(Article Dated: 12/15/2014)
Dangote Says Nigeria Lagos Refinery to Start by Mid-2018
(Article Dated: 12/15/2014)
Ergon Plans $150 Mln Expansion at its Mississippi-Based Specialty Oil Refinery
(Article Dated: 12/15/2014)
Foster Wheeler Awarded EPC Contract for ExxonMobil’s Antwerp Refinery Upgrade
(Article Dated: 12/15/2014)
GTC Technology Signs Agreement to Provide its BTX Technology in China
(Article Dated: 12/15/2014)
Nigerian Refineries Continue to Operate under Installed Capacity
(Article Dated: 12/15/2014)
Multiple Refineries Are in Development Stages throughout The Bakken Formation
(Article Dated: 12/12/2014)
Pertamina Plans to Upgrade Its Oil Refineries
(Article Dated: 12/12/2014)
Bay Area Refineries Embark on Projects to Transform Business Practices
(Article Dated: 12/12/2014)
Neste Oil Plans to Invest €500 Mln to Integrate Two Finnish Refineries
Operations (Article Dated:
12/12/2014)
Lukoil Restarts Romanian Refinery amid Fraud Probe
(Article Dated: 12/11/2014)
Neste Jacobs to Build Production Units at Neste Oil Refineries in Finland
(Article Dated: 12/11/2014)
Bahrain $100 Mln Hydrocracking Unit Contract Goes to CB&I
(Article Dated: 12/11/2014)
Kuwait Petroleum International Cancels Refinery Investment, Considers Sale
(Article Dated: 12/11/2014)
South Korea's SK Lubricants Starts Operations at Spanish JV with Repsol
(Article Dated: 12/11/2014)
European Refiners Seek Sacrificial Cuts in Fight to Survive
(Article Dated: 12/10/2014)
European Refiners Get Rare Boost from Late-year U.S. Demand
(Article Dated: 12/10/2014)
Venezuela to Do Maintenance on Petrocendo Heavy Crude Upgrader
(Article Dated: 12/10/2014)
EPA Says GHG Emissions from Refineries Up 1.6 Percent in 2013
(Article Dated: 12/10/2014)
First Alaskan Crude in a Decade Heads to S.Korea As Shale Pressures Build
(Article Dated: 12/9/2014)
Saras to Buy Eni's Processing Units near Sarroch Refinery
(Article Dated: 12/9/2014)
CB&I to Supply Ethylene Heaters for Petronas' RAPID Project
(Article Dated: 12/9/2014)
Deal to Save Milford Haven Oil Refinery Collapses
(Article Dated: 12/9/2014)
Air Quality Systems Contract Let for Vietnam’s Nghi Son Refining Complex
(Article Dated: 12/9/2014)
Saipem Wins $750 Mln EPCI Contract from Pemex for the Lakach Field in GOM
(Article Dated: 12/5/2014)
U.S. to Continue Probe of Pipe Imports from South Korea, Turkey
(Article Dated: 12/5/2014)
Saipem Wins $750 Mln EPCI Contract from Pemex for the Lakach Field in GOM
(Article Dated: 12/5/2014)
U.S. EPA Seeks More Input on Sweeping Power Plant Rule
(Article Dated: 12/5/2014)
Polish Industrial Users Cut Back on Gas Supplied Direct from Russia
(Article Dated: 12/5/2014)
Cleaning Up the Fracking Process
(Article Dated: 12/5/2014)
Keppel Secures $227 Mln Contract from Qatar’s GDI
(Article Dated: 12/5/2014)
Saudi Aramco Gives Pipeline Contract to China's SEPCO
(Agreement Dated: 12/5/2014)
Pembina Pipeline to Build $105 Mln Gas Processing Plant at Musreau
(Article Dated: 12/5/2014)
Consider Coal Gasification for Liquid Fuels Production
(Article Dated: 12/4/2014)
Fluor and Technip Awarded RAPID Refinery Facilities Project in Malaysia
(Article Dated: 12/4/2014)
BP, GDF Suez Discover New Field in UK North Sea
(Article Dated: 12/4/2014)
Wood Group Mustang Selected to Provide Engineering Services for Statoil Snorre C
Platform (Article Dated: 12/4/2014)
Sasol Awards Foster Wheeler EPCm Contract for Temane Gas Processing Facility in
Mozambique (Article Dated:
12/4/2014)
Pembina Pipeline Corporation Provides Project Updates
(Article Dated: 12/4/2014)
Southwestern Energy Announces Acquisition of Southwest Marcellus And Utica
Assets (Article Dated: 12/3/2014)
Crestwood Midstream Announces Successful Non-Binding Open Season for MARC II
Pipeline (Article Dated: 12/3/2014)
ARM Midstream to Build New Crude Oil Gathering System in Bakken/Three Forks
Shale Play (Article Dated:
12/3/2014)
PennTex to Process 200 MMSCFD of Natural Gas at Louisiana Facility
(Article Dated: 12/3/2014)
FMC Technologies Awarded Subsea Systems Contract for Total's Edradour and
Glenlivet Fields (Article Dated:
12/3/2014)
McDermott Awarded Second Contract for PETRONAS Bukit Tua Development in
Indonesia (Article Dated:
12/3/2014)
Oman’s Gulf Energy Signs Commercial Order for OriginOil CLEAN-FRAC™ System
(Article Dated: 12/3/2014)
OneSubsea Awarded Contract for More than $270 Mln for Pemex Lakach Deepwater
Development (Article Dated:
12/3/2014)
CB&I Announces Technology Award over $100 Mln in Bahrain
(Article Dated: 12/2/2014)
FMC Technologies Awarded Frame Agreement to Supply Subsea Production Systems
(Article Dated: 12/2/2014)
CB&I Announces Gasification Technology Award in China
(Article Dated: 12/2/2014)
Alfa Laval Wins SEK 290 Mln Order for OLMI Air Cooled Heat Exchangers
(Article Dated: 12/2/2014)
UK’s IGas to Start Drilling at Ellesmere Port Exploration Site in November
(Article Dated: 12/2/2014)
ATCO Secures $50 Mln Contract to Build Natural Gas Pipeline in Mexico
(Article Dated: 12/2/2014)
Enhanced Oil Recovery Being Applied To Tight Oil Reservoirs in The Bakken
(Article Dated: 12/2/2014)
Is Re-Fracking the Next Step in the Oil Boom?
(Article Dated: 12/2/2014)
Alfa Laval Wins SEK 65 Mln U.S. Natural Gas Order
(Article Dated: 12/1/2014)
DEP Fines Range Resources $4.15 Mln for Violating Environmental Regulations
(Article Dated: 12/1/2014)
EPA Finalizes Greenhouse Gas Permit for $1 Bln Gas-to-Gasoline Plant
(Article Dated: 12/1/2014)
Meritage Midstream Brings Online 50 Buttes Natural Gas Plant in WY
(Article Dated: 12/1/2014)
Chevron Announces $1.5 Bln Sale and JV Partnership with KUFPEC for Duvernay
Shale Assets in Canada (Article
Dated: 12/1/2014)
GE Oil & Gas Selects Jacksonville, FL for Advanced Manufacturing Facility
(Article Dated: 12/1/2014)
EPA Finalizes Greenhouse Gas Permit for $500 Mln CCI Petroleum Facilities,
Processing Plant and Export Terminal (Article Dated: 12/1/2014)
Alfa Laval Wins Offshore Canada SEK 120 Mln Pumping Systems Order
(Article Dated: 12/1/2014)
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WORLD POWER GENERATION PROJECTS
HEADLINES
This includes only projects where there was an update during the month.
There are thousands of projects in the database.
New power generation projects are tracked in two publications. Fossil and
Nuclear Power Generation includes both market forecasts and project data.
World Power Generation Projects has just the project data.
Startup Date / Fuel - Summary Chart
Worldwide
Summary Total for Startup Date: |
2016 |
|
|
Fuel |
Total Size (MW) |
Coal |
66855 |
Gas |
1486 |
Nuclear |
22020 |
Fuel |
Project Name |
Total Size (MW) |
Coal |
African Energy Resources/ACWA
Power greenfield power project,
Botswana |
300 |
Coal |
Amravathi power plant-India
Bulls, India |
1350 |
Coal |
Angul II captive power
plant-Jindal Steel and Power,
India |
1320 |
Coal |
Arandis power project-NamPower,
Namibia |
300 |
Coal |
Banjarsari-PT Tambang Batubara
Bukit Asam power plant,
Indonesia |
1800 |
Coal |
Bhadrawati power
plant-Maharashtra Industrial
Dev., India |
1320 |
Coal |
Bhalki power plant-Jas
Infrastructure (Abhijeet), India |
660 |
Coal |
Bhavnagar Energy Co. CFB power
plant, India |
500 |
Coal |
Bulacan power project-SMC Global
Power Holdings, Philippines |
600 |
Coal |
Calaca CFB expansion-Trans-Asia
Oil and Energy Dev./AC Holdings,
Philippines |
300 |
Coal |
Chandgana power plant-Prophecy
Resource Corp., Mongolia |
600 |
Coal |
Chhattisgarh (Lara) 1,2
ultramega power project-NTPC,
India |
1600 |
Coal |
Cochrane power plant-AES Gener,
Chile |
472 |
Coal |
Dongbu Green Power Plant 1,2
ultrasupercritical, South Korea |
1200 |
Coal |
Gadani Power Plant-AES Pakistan,
Pakistan |
1320 |
Coal |
Galati power
project-Termoelectrica, Romania |
900 |
Coal |
Ganga Power & Natural Resources
power plant, India |
1320 |
Coal |
Gidhasimer power plant-Jas
Infrastructure, India |
660 |
Coal |
Hwange expansion (7,8)-Zimbabwe
Power Co., Zimbabwe |
600 |
Coal |
Jagdishpur power plant-AES
India, India |
1320 |
Coal |
Jambi power plant-PLN, Indonesia |
800 |
Coal |
Jamshoro supercritical -Water
and Power Development Authority,
Pakistan |
1200 |
Coal |
Jerada power plant-ONEE, Morocco |
318 |
Coal |
Kajara power plant-Lakhisarai
Bijlee Co., India |
1320 |
Coal |
Kakatiya Stage II- AP Genco,
India |
600 |
Coal |
Kawai power plant-Adani Power,
India |
1320 |
Coal |
Kudgi supercritical power
plant-NTPC, India |
800 |
Coal |
Ledvice supercritical power
plant-CEZ, Czech Republic |
660 |
Coal |
Leyte CFB power plant-SMC Global
Power Holdings, Philippines |
150 |
Coal |
Lublin-Polska Grupa
Energetyczna/GDF Suez, Poland |
800 |
Coal |
Mahan aluminum power
plant-Essar, India |
1200 |
Coal |
Mauda (Mouda) II supercritical
power plant-NTPC, India |
660 |
Coal |
Morupule B CFB
expansion--Botswana Power Corp.,
Botswana |
300 |
Coal |
Mundra possible addition-Tata
Power, India |
1600 |
Coal |
Nariyara power project
(Akaltara)-KSK Mahanadi Power,
India |
3600 |
Coal |
Nigrie supercritical
project-Jaiprakash Power
Ventures, India |
1320 |
Coal |
Nipa (Iloilo) CFB power plant-AC
Energy Holdings/A Brown/Palm
Concepcion, Philippines |
270 |
Coal |
P.T. Cikarang Listrindo
(Babelan) power plant, Indonesia |
270 |
Coal |
Panay power plant-SMC Global
Power, Philippines |
150 |
Coal |
Phividec Industrial Estate CFB
power plant-Filinvest
Development Corp., Philippines |
405 |
Coal |
Pirpainti power project-Bihar
Power Infrastructure Co., India |
1320 |
Coal |
Prabhawati Nagar power plant-M/S
Ericsson Power, India |
1320 |
Coal |
Quang Trach 1 power
plant-Vietnam Oil and Gas,
Vietnam |
1200 |
Coal |
Raigarh power plant-Visa Power,
India |
600 |
Coal |
Rayalseema TPP Stage IV (Unit 6)
expansion-Andhra Pradesh Power
Gen. Corp., India |
600 |
Coal |
Sahajbahal supercritical power
plant expansion-Ind-Bharat
Energy Utkal Ltd., India |
660 |
Coal |
Sakhalinskaya 2 power
plant-RusHydro, Russia |
500 |
Coal |
San Ramon Power Corp. CFB power
project, Philippines |
100 |
Coal |
Sattupalli power plant-APGENCO,
India |
600 |
Coal |
Seagull CFB power plant
(Gunsan)-Gunjang Energy, South
Korea |
250 |
Coal |
Selda power plant-NTPC, India |
1320 |
Coal |
Sikka 3,4 power project-Gujarat
State Electricity Corp. (GSECL),
India |
500 |
Coal |
Simhapuri-Madhucon
Projects/Malaxmi Group power
projects, India |
600 |
Coal |
South Sumatra 10-PLN, Indonesia |
600 |
Coal |
South Sumatra 9-PLN, Indonesia |
1200 |
Coal |
Sunon Asogli- Shenzhen Energy
power project in Ghana, Ghana |
700 |
Coal |
Suratgarh supercritical power
plant, India |
1320 |
Coal |
Taean 9, 10-Korea Western Power,
South Korea |
2100 |
Coal |
Taichung 11,12-Taipower, Taiwan |
1600 |
Coal |
Talin 1 ultrasupercritical
rebuild-Taipower, Taiwan |
800 |
Coal |
Tamnar expansion (Raigarh) power
project-Jindal Steel & Power,
India |
2400 |
Coal |
Tanjung Bin supercritical power
plant--Malakoff Corp., Malaysia |
1000 |
Coal |
Tanjung Enim power plant-Huadian
Butik Asam Power, Indonesia |
1240 |
Coal |
Thai Binh 2-PetroVietnam,
Vietnam |
1200 |
Coal |
Tirora Phase I and II power
project-Adani Power, India |
2640 |
Coal |
Tori supercritical power plant
(Chakala coal mine)-Essar
Projects, India |
1200 |
Coal |
Tuticorin II Hanakon power
project-Bharat Power (Karwar),
India |
300 |
Coal |
Ugljevik addition, Bosnia |
600 |
Coal |
Wanakori 8 supercritical
project-Gujarat State
Electricity Corp. (GSECL), India |
800 |
Coal |
Yavatmal -Jinbhuvish Power
Generation, India |
600 |
Gas |
Osan City CHP CCGT - DS Power,
South Korea |
436 |
Gas |
Pancevo power project, Serbia |
450 |
Gas |
PGE/Police cogen power plant,
Poland |
600 |
Nuclear |
Angra 3 (Alvaro Alberto) nuclear
power plant-Electronuclear,
Brazil |
1270 |
Nuclear |
Bailong nuclear power plant
Phase 1-China Guangdong Nuclear
Power, etc., China |
2000 |
Nuclear |
Fangchenggang 1,2
(Hongsha)-China Guangdong
Nuclear Power Corp., China |
2000 |
Nuclear |
Hongyanhe 1-6 nuclear power
plant-CGNPC, China |
6000 |
Nuclear |
Kakrapar 3,4 nuclear power
plant-Nuclear Power Corp. of
India, India |
1400 |
Nuclear |
Leningrad II 1,2-Energoatom,
Russia |
2400 |
Nuclear |
Novovoronezh II nuclear power
plant-Energoatom, Russia |
2340 |
Nuclear |
Rostov 3 and 4-Rosatom, Russia |
2270 |
For more information on World Power Generation Projects, click on:
http://home.mcilvainecompany.com/index.php/databases/28-energy/486-40ai
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