Oil and gas company announcements: 8 October 2014

Atlas Copco

Based on its recent analysis of the service partnership for the compressors market, Frost & Sullivan has recognised Atlas Copco with the 2014 Europe Frost & Sullivan Company of the Year Award. Atlas Copco’s sustained success is largely a result of its wide service portfolio, direct approach to the market, focus on ensuring significant reductions in the total life cycle costs, and establishment of long term partnerships with customers.

Niranjan Paul, Research Analyst, Frost & Sullivan, said, ‘Atlas Copco has placed considerable emphasis on shortening the time of competence of a new service technician. Its service personnel are extremely knowledgeable and can conduct necessary maintenance and repair activities in a timely manner, which is a vital advantage in end user industries.’

GE

GE Oil & Gas has selected Jacksonville for its advanced manufacturing facility for the design, engineering and manufacturing of GE’s Mooney regulators and Becker control valves, among other oil and gas industry products. Announced by JAXUSA Partnership and other state and city officials, GE Oil & Gas will create 500 new jobs over the next three years at its manufacturing plant and will invest up to US$ 91 million in capital investments, real estate construction and expenditures on manufacturing equipment.

Linde

Daimler and The Linde Group will team up with oil and gas companies Total, OMV, Avia and Hoyer this year to significantly increase the number of hydrogen fuelling stations in Germany. To this end, the two companies are investing approximately 10 million Euros in 10 fuelling stations each. On 29 September, the first of the Daimler and Linde initiated public fuelling stations for fuel cell vehicles was officially opened at a Total multi energy fuelling station on Jaffestrasse in Berlin-Charlottenburg.

Andreas Opfermann, Head of Clean Energy & Innovation Management, Linde said, ‘we are pleased to be driving this expansion of Germany’s H2 fuelling network. We are making a valuable contribution to the successful commercialisation of fuel cell vehicles while supporting initiatives like the Clean Energy Partnership and H2 Mobility.’

Metso

Urs Pennanen has been appointed Senior Vice President, Customer and Marketing Operations as of October 1. The new organisation, headed by Pennanen, supports Metso’s transformation into a focused, market driven company working closely with customers. The Customer and Marketing Operations organisation owns and drives sales development as well as marketing and communications in Metso, working closely with the business and market areas.

Matti Kahkonen, President and CEO, Metso, said, ‘excelling in customer service requires true customer closeness and continuous development. This is also the reason why we are strengthening and unifying our marketing, sales development and communication activities. In his new role, Urs is responsible for creating an effective operating model, priorities and actions for the new organisation to fulfil, and exceed, our customers’ expectations.’

Wartsila

Wartsila and two Indonesian partners have signed a joint development agreement with the intention of creating the first ever bio LNG plant in Indonesia. The cosigners of the agreement with Wartsila are PR Pertamina and PT Godang Tua Jaya.

Wartsila Oil & Gas Systems will conduct a feasibility study for the project to develop a mini bio LNG plant with a capacity of 750 000 tph, which corresponds to approximately 4 MW/h in electrical production. The plant will process municipal solid waste into ecofriendly biogas for use as a renewable energy source for typical vehicle fuel. In addition to the feasibility study, the company will provide technological support and an economic assessment. This study represents a front end engineering design equivalent. If the project is deemed to be feasible then the parties are expected to enter into an execution agreement.

Edited from various press releases by Claira Lloyd

Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/08102014/oil-gas-company-announcements-8-oct/