(Reuters) – Mozambique plans to increase the maximum stake it holds in future oil blocks to up to 40 percent from a current maximum of 25 percent, the head of the national oil company said on Wednesday.
Recent gas discoveries by U.S. oil and gas producer Anadarko Petroleum and Italy’s Eni have boosted interest in the southern African country and Mozambique hopes to keep a greater share of future profits in the country.
“The plan is to go up to 40 percent in all future projects, to improve state control of the companies and get more income for the country,” Nelson Ocuane told Reuters on the sidelines of an energy and mining conference in Maputo.
“It will be possible to do it as we get income from the projects in which we are participating at the moment.”
In future Mozambican national oil company Empresa Nacional de Hidrocarbonetos (ENH) may also opt to develop certain blocks on its own if it has developed its financial muscle to do so, Ocuane added.
ENH currently holds a 25 percent stake in the Pande/Temane onshore field operated by South African petrochemical group Sasol and a 10 percent stake valid for the exploration phase in offshore blocks run by consortia operated by Anadarko, Eni and Norway’s Statoil.
The country will need to mobilise $3 billion by the end of next year to keep its 10-percent stake in the Rovuma basin offshore projects as they move to the next phase, Ocuane added.
The actual stakes ENH would take in individual blocks would be decided on a case-by-case basis, depending on funding required.
Mozambique plans to launch the next bidding round for blocks in Rovuma by the end of this year, an official from the national oil institute said earlier this week.
Companies including Eni, Exxon Mobil, BP, Malaysia’s Petronas, Shell, Tullow Oil , Vitol and Noble Energy, have expressed interest in future bidding rounds, he said. (Reporting by William Mapote and Agnieszka Flak; editing by Keiron Henderson)
Posted in Gas Mozambique Oil by .
Apr 12
26
HIGH VALUE MANUFACTURING CATAPULT
The High Value Manufacturing Catapult is the new name for UK’s Technology and Innovation Centre.
The Catapult provides an integrated capability and embraces all forms of manufacture using metals and composites, in addition to process manufacturing technologies and bio-processing.
The new branding is being applied across an elite network of research centres funded by the Technology Strategy Board (TSB). The High Value Manufacturing Catapult is the first of the new network. It incorporates seven established manufacturing research centres, including the Nuclear AMRC, to embrace all forms of manufacture using metals and composites, plus process manufacturing and bio-processing.
High Value Manufacturing
In October 2011, the High Value Manufacturing Catapult opened its doors for business. Seven partners are working together to form the new Catapult centre, bringing together their expertise in different and complementary areas of high value manufacturing. The Catapult provides an integrated capability and embraces all forms of manufacture using metals and composites, in addition to process manufacturing technologies and bio-processing. It draws on excellent university research to accelerate the commercialisation of new and emerging manufacturing technologies.
Sources include:
namrc.co.uk
Innovate UK
Posted in AMRC High Value Manufacturing Nuclear AMRC Technology Strategy Board by .
Pressure Vessel Manufacturers forum meets at the NAMRC
Members of the Pressure Vessel Manufacturers forum (PVMf) held their latest meeting at the Nuclear Advanced Manufacturing Research Centre (NAMRC) on 28 March 2012.
Chairman, John Harrison of Glapwell Contracting Services Ltd, opened the meeting with a welcome to existing and new members alike.
“It is good to see so many of you again and to welcome along new members to the forum ” Harrison said. “There is currently no group or association which solely represents pressure vessel manufacturers in the UK. By bringing like-minded manufacturers together we have a common goal, in that we can support and help each other in relation to many issues such as legislation, law, financial and many other business matters”
Andy Tuscher the Regional Director of the EEF delivered a presentation on what the EEF stands for and how they can help members and non-members from the manufacturing sector.
Representatives from the following companies attended the NAMRC event; Barton Firtop Engineering Company Ltd, Compressor & Power Engineers Ltd, Edwin Snowden & Co. Ltd, Gilwood (Fabricators) Company Ltd, Graham Hart (Process Technology) Ltd, Hoval Ltd, Sheffield Forgemasters International Ltd, Wefco (Gainsborough) Ltd. Members who were unable to attend on the day were Abbott & Co. (Newark) Ltd and GWF Engineering Ltd.
Those that attended were treated to a presentation in NAMRC’s virtual reality theatre where presentations were given for factory life cycles and virtual engine inspection.
The PVMf is facilitated by Lloyd’s Register EMEA, but is driven by the UK pressure vessel manufacturers. The members decide on issues they wish to discuss and how to resolve them. Meetings are held 3 — 4 times a year and Chairmanship is on a rotating basis. The next meeting is scheduled for the end of June 2012 and invitations will be sent out nearer to the date.
If you would like more information on the joining the PVMf please contact Samantha Lee on +44 2476 518631
Feb 12
8
HYPERBARIC CHAMBERS
Pushing Our Technical and Manufacturing Expertise to the Next Level
Never ones to shy away from new challenges and opportunities, Glapwell enter into the clinical world of Hyperbaric Chambers
So What is a Hyperbaric Chamber?
A hyperbaric chamber is an airtight capsule where human occupants are exposed to various mixtures of pure oxygen and natural air at different atmospheric pressures. These chambers come in various shapes and sizes mostly constructed from Iron or Steel, although newer ones are mainly manufacturered from soft materials.
Hyperbaric chambers are at a minimum large enough for a single person with some chambers having the capacity to hold up to 18 people, however most traditional hyperbaric chambers are only built for a single person.
Once sealed, the chamber is then filled with varied amounts of oxygen using a series of valves and an air compressor. The air within the chamber is monitored and the specific air mixture between oxygen and traditional room air is altered to suit any specific requirement.
Hyperbaric chambers are used in medical facilities across the globe to treat a variety of illness and disease including air and gas embolism, carbon monoxide poisoning, gas gangrene, diabetic foot, thermal burns, as well as countless other applications. While these are all approved and recognized therapies, there is promising research in the use of hyperbaric chambers for autism, cerebral palsy, multiple sclerosis, and psoriasis as well as a host of other conditions.
Hyperbaric chambers are used in many sectors, more widely in the medical sector, the typical use of hyperbaric chambers by diving companies and the military is for decompression sickness and other diving related conditions.
What are the benefits of using Hyperbaric Chambers?
The benefits of using a hyperbaric chamber are that the body is subjected to outside atmospheric pressure over and above its typical amount (15 pounds per square inch) that is normally found at sea level. This pressure combined with a 100% pure oxygen environment compresses the oxygen past the blood directly into the plasma of the cells within the body. This intense and pure oxygen delivery repairs, heals, and purifies the cells and leads to recovery from various ailments. While the primary and first use of hyperbaric chambers was for deep sea divers needing decompression therapy, the uses for hyperbaric chambers has far surpassed the single use for which they were originally invented.
We hope to have further information regarding our new and exciting venture into the world of Hyperbaric Chambers very soon.
If however you wish to speak with us now and get an inside scoop, please feel free to call us now on 01246 454 444 and quote this blog post.
Feb 12
3
New Website Launch for Glapwell
Uber Industrial New Look for Glapwell Website
The brand new 2012 Glapwell website has undergone an ultra Industrial makeover, and we hope you agree it looks very tactile and engaging. One of the main features of the site is it allow easy sharing of information, so please remember when you see a “share” button, be sure to press it and share with your colleagues.
The site also has an extended Worldwide Coverage area, showing the full extent of our reach, now having product distribution on 18 countries.
We have also recently released our new Corporate DVD Company Profile, again this is freely available via our new web site, just click here and watch online.
Did you know that Glapwell are also on Twitter? Yes indeed, and this is also another area in which the site embraces new communication and sharing features for 2012. If you want to keep your finger on the very pulse for everything going on at Glapwell please follow us now.
Click here to visit our new site now!!
Posted in General News by .
Dec 11
18
When John met Harry.
John makes it onto Sky Sports TV
Our lucky MD at Glapwell Contracting Services, John Harrison was selected to go onto the pitch at half time and have his photo taken. Can you believe he also made it onto Sky Sports as well. Don’t you also think the other guy looks very much like Orlando Bloom?
Posted in General News by .
Nuclear Pressure Vessel being delivered
Babcock International has become the UK’s largest nuclear site management, engineering and support services organisation following a series of acquisitions, and Glapwell are aiming to be a key supplier in the Civil Nuclear chain.
Babcock’s nuclear business managing director Roger Hardy said that in bringing together the skills and knowledge of a number of leading players in the civil nuclear sector the company has created an operation able to deliver technical excellence and capability to the nuclear industry.
Recent acquisitions include Alstec (acquired in 2006), INS (acquired in 2007) and Weir Strachan & Henshaw (acquired in 2008), which were amalgamated to form BNS Nuclear Services. This was followed by the acquisition of UKAEA in 2009 and VT Nuclear, as part of the VT Group acquisition, in 2010.
The firm’s nuclear business offers experience and technical expertise in the sector and knowledge operating at all levels.
Whilst it isn’t Glapwells intention to be a solution provider for the building of nuclear plants anytime soon, they are well suited in providing solutions based around the company’s specialist and world renowned knowledge for the design and build of pressure vessels. More particularly Nuclear Pressure Vessels.
Civil Nuclear Auxiliary System
Glapwell are now able to provide all manner of services and products to meet the UK’s mission of building the countries new nuclear power stations, and helping to ensure a bright future.
Products Glapwell can provide are:
• Nuclear Pressure Vessel Manufacturers
• Scrubber Columns
• Filter Vessels
• Boric Acid Mixing Tanks
• Blowdown Flash Tanks
• Concentrated Tanks
• Reactor Coolant Drain Tanks
• Intermediate Chain Surge Tanks
• Process Drains Relay Tanks
• Process Drain Tanks
• Recyclable Effluent Tanks
• Concentrated Buffer Vessel
• De-contamination Waste Water Collection Tanks
Posted in Civil Nuclear Auxiliary Systems Pressure Vessels by .
Feb 11
10
More Natural Gas Found in Australia
Chevron Announces Further Natural Gas Find in Australia
Orthrus-2 discovery builds on a series of drilling successes offshore Western Australia
SAN RAMON, Calif., February 9, 2011 – Chevron Corporation (NYSE: CVX) today announced a further drilling success in the Carnarvon Basin offshore Western Australia, Australia’s premier hydrocarbon basin.
The Orthrus-2 well is located in the WA-24-R permit area approximately 60 miles (100 kilometers) northwest of Barrow Island. The well was drilled to a total depth of 14,098 feet (4,297 meters).
Combining both appraisal and exploration objectives, the well encountered 243 feet (74 meters) of net gas pay, of which 102 feet (31 meters) of net gas pay was encountered in a deeper, previously unexplored target interval in the Orthrus field.
George Kirkland, vice chairman, Chevron, said, “The find at Orthrus-2 represents our tenth offshore discovery in Australia within the past 18 months. Our successful drilling program offshore Western Australia demonstrates Chevron’s global exploration capability and our commitment to technical excellence and safe operations.”
Jim Blackwell, president, Chevron Asia Pacific Exploration and Production, said, “Our leading Carnarvon Basin leasehold and our accompanying exploration success help underpin further expansion opportunities on the Gorgon Project.”
Chevron’s Australian subsidiary is the operator of WA-24-R and holds a 50 percent interest, while Mobil Australia Resources Company Pty Limited holds 25 percent. Shell Development (Australia) Pty Ltd and BP Exploration Alpha Ltd each hold a 12.5 percent interest.
Chevron is one of the world’s leading integrated energy companies, with subsidiaries that conduct business worldwide. The company’s success is driven by the ingenuity and commitment of its employees and their application of the most innovative technologies in the world. Chevron is involved in virtually every facet of the energy industry. The company explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and other energy products; manufactures and sells petrochemical products; generates power and produces geothermal energy; provides energy efficiency solutions; and develops the energy resources of the future, including biofuels. Chevron is based in San Ramon, Calif. More information about Chevron is available at www.chevron.com.
CAUTIONARY STATEMENT RELEVANT TO FORWARD-LOOKING INFORMATION FOR THE PURPOSE OF “SAFE HARBOR” PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995.
Some of the items discussed in this press release are forward-looking statements about Chevron’s activities in Australia. Words such as “anticipates,” “expects,” “intends,” “plans,” “targets,” “projects,” “believes,” “seeks,” “schedules,” “estimates,” “budgets” and similar expressions are intended to identify such forward-looking statements. The statements are based upon management’s current expectations, estimates and projections; are not guarantees of future performance; and are subject to certain risks, uncertainties and other factors, some of which are beyond the company’s control and are difficult to predict. Among the factors that could cause actual results to differ materially are changes in prices of, demand for and supply of crude oil and natural gas; actions of competitors; the inability or failure of the company’s joint-venture partners to fund their share of operations and development activities; the potential failure to achieve expected net production from existing and future crude oil and natural gas development projects; potential delays in the development, construction or start-up of planned projects; the potential disruption or interruption of production and development activities due to war, accidents, political events, civil unrest, or severe weather; government-mandated sales, divestitures, recapitalizations and changes in fiscal terms or restrictions on scope of company operations; and general economic and political conditions. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Unless legally required, Chevron undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
Source: Chevron Corporation
9th February 2011
Posted in UnCatergorised by .
Civil Nuclear Auxliliary Systems
A new generation of Nuclear Power Stations in the UK have now been given formal backing by the government.
Glapwell now step up to become key partners in the supply chain for the UK’s Nuclear demands.
As the global thirst for energy increases so does the drain on the planets natural resources. Governments across the globe are now looking towards nuclear power to meet their inevitable energy shortfall in the forthcoming years.
The UK government has approved 10 sites in England and Wales for new nuclear power stations all to be built by 2025.
Glapwell Enter the Nuclear Arena
Earlier this year Glapwell announced their aims and intentions in becoming a key partner in the design and supply of Civil Nuclear Auxiliary Systems for the nuclear sector. Since 1974, Glapwell have been providers of pressure vessels and all manner of related products. With the demand for these items set to increase due to the UK’s committment for new nuclear power stations. Glapwell have been working closely with organisations such as Lloyd’s to ensure they have all relevant safety and quality of excellence certification.
For further information on our Component Engineering for Nuclear Systems please call
us direct on +44 (0) 1246 454 444, quoting nuclear eshot.
Please visit the new nuclear section of our web site – Click to visit site.
Here’s to a very exciting 2011.
Everyone at Glapwell would like to take this opportunity to wish all our customers a very Merry Christmas and a prosperous New Year.
After a very challenging and hectic year, we are very much looking forward to continuing our success and working with you all in an exciting 2011.
It has become an expected occurrence in recent years that Glapwell constantly strive to expand their product portfolio and range of services. In 2011 we won’t disappoint as our range of services will diversify and now include Civil Nuclear Auxiliary Systems. This exciting new venture for Glapwell is set to start early in the New Year, so please stay tuned to our blog and Twitter for the very latest updates.
For further information on how Glapwell can be of assistance to you next year, Please Contact Us Today.
Www.Glapwell.Co.Uk
Telephone: 01246 454 444
Posted in General News by .