Industry awaits permission to explore south africa’s karoo shale gas
By Paula Dittric. With the lifting of a ban on hydraulic fracturing, oil and gas companies hope the South African government will authorize natural gas development in the Karoo basin, which awaits actual exploration for unconventional resources. Chevron Corp. agreed to work with Falcon Oil & Gas Ltd. of Dublin. The joint venture agreement came 3 months after South Africa government officials lifted a temporary ban on shale gas exploration. South Africa imposed the fracing ban in 2011 to address concerns about hydraulic fracturing. Based on recommendations from the Department of Mineral Resources, the government lifted the ban on Sept. 7, 2012.
FC reached for US $1.3 billion East End Crossing project
The Indiana Finance Authority (IFA) has reached financial close on the highly anticipated, US$860 million East End Crossing, which is part of the Louisville-Southern Indiana Ohio River Bridges Project
Andasol Solar Plant
Technically, the Andasol power station was completed just at the end of 2011, but the importance of this massive project in the emerging field of renewable energy merits some mention, if only for the sheer scale of the project.
Unlike many projects in the U.S., Andasol uses solar thermal technology rather than photovoltaics, which have come to dominate the field. The plant features 600,000 mirrors spread across 126 acres of land near Granada in southern Spain. Together, these mirrors can produce as much as 150 megawatts of electricity, making it the largest solar plant in the world.
Combined with a molten salt energy storage system, the power plant can more easily smooth out variations in production or even generate power even after the sun has set.
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We evaluate all work opportunities to establish the context within which project priorities are determined. This includes reviewing value propositions and business cases to ensure alignment with organizational goals and strategic direction.
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