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Pumps India Newsletter
- May.2020
Covid-19, oil price war could derail project sanctions
The effect of the COVID-19 virus on global demand for oil and gas, along with an ongoing price war that has sent oil prices tumbling at an unprecedented rate, are poised to wreak havoc on new project development plans for this year. According to an impact analysis from Rystad Energy, exploration and production (E&P) companies are likely to reduce project sanctioning by up to USD 131bn, or about 68% year-on-year, as they batten down the hatches to weather the storm.
In 2019 total onshore and offshore project sanctioning reached some USD 192bn. At the outset of this year, Rystad Energy forecast that projects representing about USD 190bn worth of investments would be sanctioned this year. Recent developments, however, have spawned a major revision to that estimate.If the price of Brent crude averages around $30 per barrel in 2020, which we see as an increasingly likely scenario, we estimate that total project sanctioning will be reduced to just USD 61bn. Some USD 30bn of the overall expenditure is tied to onshore projects and USD 31bn to offshoret.
Titanium valves to be installed at WHP
AMPO POYAM VALVES has supplied over 80 highly engineered titanium valves for the Wellhead Platform (WHP) of the White Rose Extension project, whose end-user is the Canadian leading operator Husky Energy. This field consists of both oil and gas pools. The new Wellhead Platform is composed of topside facilities with drilling capabilities supported on a concrete gravity substructure and it is being positioned in a water depth of approximately 120m. Topside facilities include well heads, well testing, metering, utilities, a flare boom, and support services.
All those special titanium valves developed and manufactured by AMPO POYAM VALVES will be installed on the production platform for chemical injection service, seawater supply service and the emergency fire water system service. The valves’ sizes have ranged up to 14”.
AMPO POYAM VALVES is specialized in highly engineered, ad-hoc and special material valves and it has its integrated foundry since 1964. This is considered one of the best European Foundries and an expert in stainless steel and high alloy castings. For this project, apart from the before-mentioned titanium valves, some duplex material valves with NORSOK requirements were also designed and produced, and all of them were cast and machined in their foundry.
Harkesh Rubber awarded QMS, EMS, OHSAS & IATF 16949
Harkesh Rubber has been based in India since 1982 and is a manufacturer and exporter of precision Rubber components. With its unique solution-based approach and proven leadership in Engineering design, Harkesh rubber has become a preferred partner for industrial manufacturers requiring critical selling solutions.
Harkesh Rubber has announced the successful completion of its 4th International Organization for Standardization (ISO) audit IATF 16949:2016, thereby adding to its list of prestigious certifications including the ISO 9001:2015, ISO 14001:2015, ISO 45001:2018.
IATF 16949:2016, a technical specification for automotive sector quality management systems, has become one of the most widely used international standards in the automotive industry, harmonizing the different assessment and certification systems in the global automotive supply chain.The journey towards certification for any company requires time and commitment. With a focus on quality management systems and performances, ISO 9001:2015 allows companies to consistently provide products and services that meet customer satisfaction and regulatory requirements. Organizations need to ensure safe and healthy workplaces for which the ISO 45001:2018 specifies requirements for an occupational health and safety (OH&S) management system.
Danish wastewater plant opts for actuator automation
A Danish wastewater treatment works have moved from manual to automated valve actuation after ordering Rotork CK range electric actuators complete with integral Centronik control modules. Rotork CKc actuators provided the customer with a robust and reliable solution together with a reduced maintenance requirement.
The local Danish partner Fagerberg AS ordered isolating duty CKc actuators to be installed by Holsted Smedie at Lolland Forsyning’s Renseanlaegget Hunseby Strand purification plant, located on the Danish island Lolland, where they will be used to operate penstock and gate valves. The actuators will be connected using the Profinet® network protocol which supports speeds up to up to 100 Mbit/s.
Every year the plant treats approximately 2.8 million m³ of wastewater.
The CKc includes all the features included in a standard CK model. The actuator is capable of a direct output torque range from 10 to 500 Nm (7 to 369 lbf.ft).
KSB slurry pumps in FGD systems to reduce emissions
Fluor Corporation (FLR) announced that Stork, part of Fluor’s Diversified Services segment, was awarded a 26-month maintenance contract extension by Sitech Manufacturing Services in the Netherlands. Fluor will book the undisclosed value in the fourth quarter of 2020.
Under this framework agreement, Stork will provide maintenance services and will execute projects and turnarounds. The scope of work includes mechanical, electrical and instrumentation services complemented by a portfolio of specialist services such as valves and rotating equipment maintenance and repair, high-voltage services, calibration, on-site machining and bolting, and heat treatment services. Stork will deliver these services using its site office together with Stork’s nearby Solutions Center in Elsloo and Fluor’s local engineering capabilities. Services will be provided at various renowned asset owners at the Chemelot industrial complex site in Geleen, the Netherlands.
KLINGER Brazil acquires Parva
The KLINGER Group has purchased the Swiss Aargau-based companies FRANZ GYSI AG and GYSI Dichtungstechnik. The two companies are now part of KLINGER. The businesses of former owner Mr Franz Gysi provide gaskets and valves for several core markets, including district heating and cooling, process heat, gas, water & wastewater, cooling, and loose materials as well as for the biotech, food, chemical, petrochemical, and pharmaceutical industries. Their addition will enable the KLINGER Group to directly deliver products and solutions to the Swiss market.
The FRANZ GYSI AG with its headquarters in Suhr, Switzerland, was formed in 1927 and operated as a family enterprise for 93 years. More than nine decades have already been spent collaborating with KLINGER, especially in the fields sealing technology and fluid control solutions. The second company, the Rheinsulz-based GYSI Dichtungstechnik, was incorporated after taking over a sheet punching subsidiary from today’s KLINGER Kempchen. This enabled the former owner Mr Franz Gysi, himself the third generation to run the business, to add metal gaskets and expansion joints to the product portfolio. With a total of around 50 employees, the companies play an important role as suppliers for the Swiss industries district heating and cooling, process heat, gas, water & wastewater, cooling, and loose materials. Furthermore, they also provide a wide range of specialist gaskets and valves for food, chemical, petrochemical, pharmaceutical, and biotech applications.
VA Tech Wabag to operate and maintain Sewage
Rotork IQ electric modulating actuators were selected for the Milano San Rocco Wastewater Treatment Plant (WWTP), which serves the city of Milan, Italy.
This treatment plant represents one of the biggest examples of wastewater reuse for irrigation in the world where practically all the treated water can be reused for farm irrigation. It processes the wastewater of a population of over one million people, which equates to an average flow of 3 m3/s.
Over 30 Rotork actuators have been installed on jet valves to provide critical air regulation control at the treatment plant. The actuators have been installed to control the air-inlet in the oxidation tanks.
Aramco proposed refinery in Maharashtra.
The Saudi Aramco-led consortium is in talks with the government for the allotment of land for the proposed Rs 4 lakh crore mega refinery and petrochemicals complex in Maharashtra.
Saudi Aramco and Abu Dhabi National Oil Company hold a 50% stake in the project with the rest is held by IOCL, HPCL, and BPCL. IOCL holds a 25% stake in the project while HPCL and BPCL hold 12.5% stake each.Ratnagiri Refinery & Petrochemicals Company Ltd (RRPCL) has been set up to execute the world’s largest integrated refinery- cum-petrochemicals complex. RRPCL has mandated U.S.-based consultant Jacobs Engineering Group Inc. to draw up the configuration of the refinery project.
PSUs restart Oil projects as lockdown restrictions ease
State-owned oil firms will resume as many as 511 projects involving over Rs 42,000 crore of investment with immediate effect as the country partially exited from an unprecedented nationwide lockdown.
Oil and Natural Gas Corp (ONGC), Indian Oil Corp (IOC), GAIL, Oil India Ltd and six other public sector firms identified projects that either in rural areas or have in situ labour for the resumption of work, oil ministry sources said.
The government had allowed makers of information technology hardware, farmers, and industries in rural areas to resume operations as it looked to revive the economy that got stalled because of the outbreak of corona virus pandemic.
As many as 319 projects with these 10 PSUs are completely in rural areas and resuming work on them will not be much of a problem. Another 192 projects are within municipal limits but have in situ labour, they said.
In FY2020-21, these projects would involve an expenditure of over Rs 42,000 crore. The restarting of these projects that spread from oil and gas exploration and development work to refinery jobs, gas pipeline laying, and city gas distribution network expansion, will generate around 7 crore man-days of employment, they said.
Waste to energy power plant project approved at Mohali
The Punjab Government decided to build a 7 megawatt (MW) waste to energy plant at Simgauli village in Mohali district, an official statement said. Chief Minister gave the go-ahead for the project of building the plant in over 50-acre area under the Build Own Operate (BOO) model, it said.
The project will be completed within the next two years and the waste to energy plant would generate power from 600 tonnes per day (TPD) waste collected from Mohali and Patiala, the statement said. The chief minister said the project would contribute to the implementation of the State Action Plan on Climate Change (SAPCC) and also the Swachh Bharat Abhiyan.
During the meeting, General Manager, Waste to Energy, NTPC, Amit Kulshreshtha apprised the chief minister that the new state-of-the-art plant, complying with the latest environmental norms, would be installed as a pilot project in the state.
L&T Hydrocarbon bags contract from IOCL
L&T Hydrocarbon Engineering Limited (LTHE), a wholly-owned subsidiary of Larsen & Toubro, has been awarded a Large Project by Indian Oil Corporation Limited (IOCL).
The engineering, procurement, construction and commissioning (EPCC) contract is for setting up a new 9 MMTPA Atmospheric & Vacuum Distillation Unit (AVU) and allied facilities (EPCC-1 Package) for Barauni Refinery Capacity Expansion Project at IOCL’s Barauni Refinery, Bihar. The capacity of the Barauni Refinery is being augmented from the current installed capacity of 6.0 MMTPA to 9.0 MMTPA.
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