Baker Hughes Rig Count: April 2013

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MARKET PROSPECTS 4 Pump Industry Analyst May 2013 pumps and valves is the Floating Production, Storage and Offloading (FPSO) vessels. Two hundred vessels are already in use for subsea oil and gas extraction. The movement of the industry to deeper waters has accelerated the demand for a floating unit rather than one anchored to the seabed. OIL & GAS NGL fractionators planned for Corpus Christi olefins plant T exStar MidStream Services LP is to install two natural gas liquids (NGL) fractionation units adjacent to LyondellBasell affiliate Equistar Chemicals LP’s plant in Corpus Christi, Texas, USA. The fractionation units will be able to process 63 000 barrels per day of NGLs produced from Eagle Ford shale into ethane, propane, butanes and natural gasoline. Equistar will operate the fractionators for TexStar and will provide a number of utilities to the facility from its near-by Corpus Christi olefins facility. Under a long-term agreement, Equistar will also purchase ethane and propane produced from the units. The NGLs will be used as feedstocks for Equistar’s olefins unit to produce ethylene and propylene. The fractionators will be located on a 40-acre site owned by Equistar and leased to TexStar. Construction is already underway with startup scheduled for later this year. KBR awarded FEED LNG project in British Columbia P acific NorthWest LNG Ltd, a subsidiary of Malaysia’s state- owned oil company PETRONAS and Japan Petroleum Exploration Co Ltd, has chosen KBR to execute front-end engineering and design (FEED) and early detailed engineering work for a world-scale LNG export facility at Lelu Island near Prince Rupert, British Columbia. The facility will process shale gas produced from British Columbia’s North Montney region into LNG that is suitable for export. KBR is partnering with JGC Corp for the project. The KBR contract includes FEED and early detailed engineering work for a two-train LNG plant with a yearly capacity of 12 million tons and associated shipping facilities. Baker Hughes Rig Count: April 2013 B aker Hughes Inc’s international rig count for April 2013 stood at 1301, an increase of 33 on the 1268 counted in March 2013, and 123 on April 2012’s 1178. The international offshore rig count for April 2013 was 331, up 15 from March 2013’s 316 and up 32 from April 2012’s 299. The average US rig count for April 2013 was 1755, down 1 on March 2013 and down 206 from April 2012. The average Canadian rig count for April 2013 was 153, a decrease of 311 from the 464 in March 2013 and 5 from the 158 counted in April 2012. The worldwide rig count for April 2013 was 3209, down 279 from the 3488 in March 2013 and 88 from the 3297 reported in April 2012. POWER GENERATION Doosan to upgrade French power plant D oosan Power Systems has won a US$200 million project to remodel an SNET (Société Nationale d’Électricité et de Thermique) thermal power plant in Gardanne, France. The project involves transforming the coal- fired thermal power plant, which has been operating since 1995, into a clean power plant using biomass. Germany-based Doosan Lentjes will be responsible for the CFB boiler technology, while the UK’s Doosan Babcock will undertake the boiler service, and the Czech Republic’s Doosan Skoda Power will look after steam turbines. Doosan Power Systems will complete the project by the end of 2015. Westinghouse partners with China’s SNPTC W estinghouse Electric Co and China’s State Nuclear Power Technology Corp (SNPTC) have signed a Memorandum of Understanding (MOU) to work together to develop a Small Modular Reactor (SMR) standard design, based on the Westinghouse SMR technology. Westinghouse believes that global investment and access to global markets are essential components to make commercial SMR plants a reality. “Both Westinghouse and SNPTC have expressed the desire to build a framework for cooperation in SMR development that explores the potential of both domestic and international markets. Toward that end, we are in the early stages of negotiations of an agreement that we expect will provide design, licensing, construction, and operational certainty that no other SMR supplier can match. We expect to be the first to market with the support of our Missouri-based partners in the US and SNPTC in China,” said Westinghouse senior vice president and chief technology officer Kate Jackson. CARBON CAPTURE Aker Solutions to perform first tests for CO2 capture in cement industry A ker Solutions is to test and study the capture of carbon dioxide (CO2) from flue gas emitted by the cement industry. The company will perform long-term testing at Norcem’s cement production plant in Brevik, Norway. Tests will be performed with Aker Solutions’ Mobile Test Unit. The Norcem project, in cooperation with the European Cement Research Academy (ECRA), is the first time technology to capture CO2 will be used at a cement production plant.

Transcript of Baker Hughes Rig Count: April 2013

Page 1: Baker Hughes Rig Count: April 2013

MARKET PROSPECTS

4Pump Industry Analyst May 2013

pumps and valves is the Floating Production, Storage and Offloading (FPSO) vessels. Two hundred vessels are already in use for subsea oil and gas extraction. The movement of the industry to deeper waters has accelerated the demand for a floating unit rather than one anchored to the seabed.

OIL & GAS

NGL fractionators planned for Corpus Christi olefins plant

TexStar MidStream Services LP is to install two natural gas liquids

(NGL) fractionation units adjacent to LyondellBasell affiliate Equistar Chemicals LP’s plant in Corpus Christi, Texas, USA.

The fractionation units will be able to process 63 000 barrels per day of NGLs produced from Eagle Ford shale into ethane, propane, butanes and natural gasoline. Equistar will operate the fractionators for TexStar and will provide a number of utilities to the facility from its near-by Corpus Christi olefins facility. Under a long-term agreement, Equistar will also purchase ethane and propane produced from the units. The NGLs will be used as feedstocks for Equistar’s olefins unit to produce ethylene and propylene.

The fractionators will be located on a 40-acre site owned by Equistar and leased to TexStar. Construction is already underway with startup scheduled for later this year.

KBR awarded FEED LNG project in British Columbia

Pacific NorthWest LNG Ltd, a subsidiary of Malaysia’s state-

owned oil company PETRONAS and Japan Petroleum Exploration Co Ltd, has chosen KBR to execute front-end engineering and design (FEED) and early detailed engineering work for a world-scale LNG export facility at Lelu Island near Prince Rupert, British Columbia.

The facility will process shale gas produced from British Columbia’s North Montney

region into LNG that is suitable for export. KBR is partnering with JGC Corp for the

project. The KBR contract includes FEED and early detailed engineering work for a two-train LNG plant with a yearly capacity of 12 million tons and associated shipping facilities.

Baker Hughes Rig Count: April 2013

Baker Hughes Inc’s international rig count for April 2013 stood at

1301, an increase of 33 on the 1268 counted in March 2013, and 123 on April 2012’s 1178.

The international offshore rig count for April 2013 was 331, up 15 from March 2013’s 316 and up 32 from April 2012’s 299.

The average US rig count for April 2013 was 1755, down 1 on March 2013 and down 206 from April 2012. The average Canadian rig count for April 2013 was 153, a decrease of 311 from the 464 in March 2013 and 5 from the 158 counted in April 2012.

The worldwide rig count for April 2013 was 3209, down 279 from the 3488 in March 2013 and 88 from the 3297 reported in April 2012.

POWER GENERATION

Doosan to upgrade French power plant

Doosan Power Systems has won a US$200 million project to

remodel an SNET (Société Nationale d’Électricité et de Thermique) thermal power plant in Gardanne, France.

The project involves transforming the coal-fired thermal power plant, which has been operating since 1995, into a clean power plant using biomass.

Germany-based Doosan Lentjes will be responsible for the CFB boiler technology, while the UK’s Doosan Babcock will undertake the boiler service, and the Czech Republic’s Doosan Skoda Power will look after steam turbines.

Doosan Power Systems will complete the project by the end of 2015.

Westinghouse partners with China’s SNPTC

Westinghouse Electric Co and China’s State Nuclear

Power Technology Corp (SNPTC) have signed a Memorandum of Understanding (MOU) to work together to develop a Small Modular Reactor (SMR) standard design, based on the Westinghouse SMR technology.

Westinghouse believes that global investment and access to global markets are essential components to make commercial SMR plants a reality.

“Both Westinghouse and SNPTC have expressed the desire to build a framework for cooperation in SMR development that explores the potential of both domestic and international markets. Toward that end, we are in the early stages of negotiations of an agreement that we expect will provide design, licensing, construction, and operational certainty that no other SMR supplier can match. We expect to be the first to market with the support of our Missouri-based partners in the US and SNPTC in China,” said Westinghouse senior vice president and chief technology officer Kate Jackson.

CARBON CAPTURE

Aker Solutions to perform first tests for CO2 capture in cement industry

Aker Solutions is to test and study the capture of carbon dioxide

(CO2) from flue gas emitted by the cement industry.

The company will perform long-term testing at Norcem’s cement production plant in Brevik, Norway. Tests will be performed with Aker Solutions’ Mobile Test Unit.

The Norcem project, in cooperation with the European Cement Research Academy (ECRA), is the first time technology to capture CO2 will be used at a cement production plant.