Filtration Industry Analyst
MARKET PROSPECTS
Filtration Company Index Advanced Fiber Technologies 13 Ahlstrom 12,13 Alfa Laval 10,13,15 Andritz 12,13 Aqua-Pure Ventures 11 BHA Group Holdings 15 Calgon Carbon 7 Ceco Environmental 15 Clarcor 12,15 Crane 5,15 Crown Andersen 15 Cummins 7,12,15 Cuno 8,15 DelStar Technologies 10 Domnick Hunter 1,15 Donaldson 8,10,15 Dow Chemical 10 EaglePicher 10 Enviro Voraxial Technology 11 Esco Technologies 1 FB Leopold 16 Fedders 12,15 FiberMark 11 Flanders 15 Gamma Holding 13 GE 14,15 GEA 10 General Electric 6,10,12 GE Osmonics 6,12 GE Water Technologies 6 GL&V 15 GUD Holdings 13 H2O Innovation 12,15,16 Hyflux 15 Ionics 10,12,15,16 ITT Industries 12,15 Larox 13,16 Lydall 10 Mann+Hummel 11 McLeod Russel 15 McQuay International 10 Met-Pro 12,15 Metso 12,13 MFRI 15 Millipore 15 Mott 10 Mykrolis 15 Netzsch 12 Pall 9,12,15 Parker Hannifin 15 Peerless Mfg 15 Pentair 12,15 Porvair 15 PTI Advanced Filtration 1 PTI SpA 1 PTI Technologies 1 PUR 13 Ropur 16 RP Adams 13 RWE Thames Water 16 Sartorius 12,13,15 Seprotech Systems 11,14 Serfilco 13 Thomas Broadbent 11 Toray Industries 16 Toray Membrane Europe 16 Triosyn 11 USFilter 10 Veolia Water Systems 11 Weir 10,13 Weir Entropie 11 Weir Westgarth 10,11 Westfalia Separator 14 Whatman 12,13,15 WTC Industries 12 Zenon Environmental 9,10,15
2
April 2004
POWER GENERATION WASHINGTON GROUP MANAGES WPS PLANT CONSTRUCTION Washington Group International has won an assignment from Wisconsin Public Service Corp, a subsidiary of WPS Resources Corp, to manage the construction of the new 500 MW, coal-fired Weston Unit 4 that is to be built in central Wisconsin. The US$750 million electric generating unit, awaiting approval by the Public Service Commission of Wisconsin, will use clean coal technologies, and will be located next to Weston Unit 3 on the existing power plant site in Marathon County, south of the city of Wausau. Construction is scheduled to start during 2004 and to be completed in late 2008.
WAPDA OPENS BIDS FOR HYDROPOWER PROJECT WAPDA, the Pakistan Water and Power Development Authority, has opened international engineering procuring and constructing tenders for the Golen Gol hydropower project. The proposed environment-friendly plant is to be located on Nullah Golen Gol, a tributary of River Mastuj, 25 km from Chitral in the northwest corner of Pakistan. The project, which includes a dam, and a 3810 m long tunnel, will have an installed power-generating capacity of 106 MW. Four international joint ventures, including local firms and companies from outside Pakistan, submitted their bids for completion, testing and commissioning of the project
on a turnkey basis. The contract will be awarded to the approved successful bidders after the bids have been evaluated. The project is expected to contribute 436 million units of low-cost electrical energy each year, at a generation cost of around Rs1.31 per unit. The capital cost of the project is estimated at over Rs7035 million.
ABB WINS CHINESE ORDER Power and automation technology group ABB has won a contract worth US$22 million from a consortium led by General Electric to deliver equipment for a hydroelectric power station which will improve the supply of electricity in part of eastern China. The equipment will be installed at the Yixing pumped storage power station in Jiangsu province. When completed during 2007, the power plant will strengthen the power supply in an area which suffers from severe power shortages because of growing demand. The project involves design work, manufacturing, testing, site management and the commissioning of equipment.
ALSTOM BUILDS POWER PLANT IN SAUDI ARABIA A consortium led by Alstom, including its civil partner Archirodon, has been selected by The Saudi Electricity Co for a project that will extend the Shoaiba Steam Power Plant, located south of Jeddah, Saudi Arabia. The entire project is worth 835 million. Alstom has already supplied this site with five 370 MW units, all of which are now in commercial
operation. Under this new contract, the company will design, supply and install three identical units covering the supply, installation and commissioning of boilers, steam turbines and generators. The contract also includes an option to build a further three units on the same site, which could be exercised within 12 months. This would make Shoaiba one of the largest power plants in the Middle East, with an output in excess of 4000 MW.
BG PLANS POWER PLANTS IN INDIA Through one of its operating units Gujarat Gas Co, UKbased energy company BG Group Plc is considering building power plants in India. It is looking at setting up for its customers in Gujarat one or more 100 MW plants that are fuelled by natural gas. This proposed investment in the country’s power sector is likely to be made towards the end of 2004. Gujarat Gas operates in the cities of Surat, Ankleshwar and Bharuch. Its pipeline network stretches more than 2100 km. BG has a 65.12% controlling stake in Gujarat Gas.
BHEL AWARDED INDIAN POWER PLANT CONTRACT Bharat Heavy Electricals Ltd (BHEL) has won a contract to construct a 21 MW gas turbine-based power plant at Rokhia, near Agartale in Tripura, India. The order was placed by the Power Department of the Tripura Government. The Rokhia Power Station Extension project is scheduled to be commissioned by BHEL during the fourth quarter of 2005.
The company’s contract covers the design, engineering, manufacture, supply, erection and commissioning of a gasturbine generating set, and associated controls, instrumentation and auxiliaries. The gas turbine and generator will be supplied by BHEL’s Hyderabad plant. The company’s Power Sector-Eastern Region will erect the equipment and undertake its commissioning.
OIL & GAS AMEC AWARDED MIDDLE EAST CONTRACT International engineering services company AMEC has won a front-end engineering design contract from Petroleum Development Oman (PDO) for the development of the Harweel cluster of oil fields in southern Oman. AMEC will develop the conceptual work already carried out by PDO to prepare the project specifications for the engineering, procurement and construction tender. It is expecting to complete this by the middle of 2004.
ENGINEERING & CONSTRUCTION BECHTEL PROVIDES ALCAN’S SERVICES Bechtel has entered into a contract with aluminium company Alcan to provide engineering, procurement and construction management services for a new facility to treat and recycle aluminium smelter pot residue (potliner) in Jonquière, a suburb of Ville de Saguenay, Québec, Canada.
Filtration Industry Analyst
Featuring technology developed by Alcan’s Arvida Research and Development Centre, the new facility will not only render the spent potlining environmentally harmless, it will also enable the company to recycle and generate value from the potlining by-products. Bechtel, in collaboration with BPR-Bechtel, will spearhead the C$150 million, threeyear project. The project is currently being evaluated by the Bureau des audiences publiques sur l’environnement to secure the necessary environmental permits and authorization.
SUNCOR UPGRADER PROJECT APPROVED In Canada, the Alberta Energy and Utilities Board has approved plans for Suncor Energy Inc to expand its oil sands upgrading facilities in order to increase production capacity to 330 000 barrels per day by late 2007. Plans for the upgrader expansion, which were approved by regulators, include constructing a pair of coke drums, a sulphur recovery plant and other crude oil processing equipment at Suncor’s existing oil sands facility, located near Fort McMurray, Alberta. The cost of the project, which is preliminary and subject to change, is currently estimated at US$1.5 billion. To feed the expanded upgrader, Suncor also plans to spend an estimated additional US$1.5 billion to boost bitumen production at the company’s in-situ and mining/extraction facilities. Both projects are components of Suncor’s growth strategy to increase production to 500 000–550 000 barrels per day by 2010–2012.
With regulatory approval in hand, Suncor plans to seek approval from its board of directors during November 2004. Construction work will begin soon after, though some preliminary site work will begin immediately.
ANGOLAN BLOCK BEARS MORE OIL Exxon Mobil Corp’s subsidiary Esso Exploration Angola Ltd, and Sociedade Nacional de Combustiveis de Angola (Sonangol) have made the seventeenth deepwater oil discovery on Angola Block 15. The discovery well flowed at a rate of 2726 barrels of oil per day during a production test. Located approximately 350 km north-west of Angola’s capital Luanda, Block 15 represents a development opportunity with the potential to recover about 4.5 billion oilequivalent barrels. In addition to Esso, other participants in Block 15 are BP Exploration (Angola) Ltd, ENI Angola Exploration BV and Statoil Angola. Sonangol is the concessionaire.
SHELL DISCOVERS OIL OFF SABAH COAST A Shell-Petronas Carigali Conoco Phillips joint venture has discovered oil with its Gumusut-1 exploration well in Deepwater Block J, in waters on the north-west of Sabah, Malaysia. According to Shell Malaysia, the well encountered a long gross oil column in excellent reservoir-quality rock. Initial indications are that the Gumusut crude oil is light and of high quality. The discovery well was drilled in a water depth of 1 km and was completed during December 2003 after 80 days
of drilling operations. A vertical well and two sidetracks were drilled. The joint venture partners in Block J are Shell Malaysia with 40% equity, Conoco Phillips at 40% and Petronas Carigali at 20%. Shell Malaysia operates the block on behalf of the partnership.
PRODUCTION STARTS AT SKIRNE FIELD Total has start production from the Skirne gas and condensate field in Block 25/5, located around 140 km north-west of Stavanger, Norway. Discovered during 1990, the Skirne field consists of two sub-sea wells, Skirne and Byggve, tied back to the Heimdal platform. The planned plateau production is about 4.2 million m3 (150 million ft3) per day of gas, and 6900 barrels per day of condensate. Total is the operator with a 40% interest, while partners in the project include Marathon (20%), Petoro (30%) and Norsk Hydro (10%).
ODFJELL DRILLS EXPLORATION WELL In Norway, Norsk Hydro Produksjon AS has awarded Odfjell Drilling a contract to sink an exploration well, or sidetrack, in the Vale field located in the Norwegian sector of the North Sea. The initial value of the contract, which will use the semi-submersible drilling unit Deepsea Delta, is approximately NKr600 million. The unit will also be used for development drilling on Oseberg Vestflanken. The work, conducted on behalf of several licences, is scheduled to start during the third quarter of 2004. It will cover a well programme that will last for about 18 months,
3
MARKET PROSPECTS
April 2004