DOCSLIB.ORG

Global Oil and Gas Transactions Review 2011

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Global Oil and Gas Transactions Review 2011 Global oil and gas transactions review 2011 2011 Europe, Middle East, India and Africa 1 tax policy outlook Introduction The upstream segment remained the most active, representing 72% of total deal volumes. North America, accounting for Welcome to Ernst & Young’s 562 upstream deals, or 59%, remained the most active market, annual review of global oil and gas although the strongest growing regions were Europe and the CIS. With US$66b targeted on shale–related transactions, transaction activity. In this report, unconventional is rapidly emerging as the new conventional. China is the largest shale gas resource holder in the world, with 19% of we look back at some of the main global resources. If the potential in this asset base can be unlocked, trends in oil and gas merger and this could transform the oil and gas landscape for years to come. acquisition activity over 2011 Transactions activity in the downstream segment declined modestly during 2011, although overall values were comparable to 2010 and consider the outlook for levels. Ownership change in refining and retail in mature markets continued, stemming from ongoing portfolio rebalance and capital transactions in the sector in 2012. allocation review. With refined product demand declining in Europe We analyze the diverse dynamics and North America, rationalization is expected to remain on the agenda in 2012. Storage facilities, offering global connectivity and in the upstream, downstream and trading potential, have seen the greatest level of demand from oilfield services sectors, as well as would–be acquirors. These trends are likely to continue in 2012. Oilfield services companies, like their customer base, are globalizing the regional trends that underlie and consolidating. Many of the larger players are well–capitalized this macro picture. and opportunistic, and financial players also remain active. As a result, the segment saw an increase in deal activity in 2011 and there is a positive outlook for 2012, underpinned by those seeking In 2011, more than 1,322 oil and gas transactions were new geographies, new customers or new technologies. announced, an increase of more than 5% on the 1,258 deals The oil and gas sector is critical to the global economy. By the same reported last year. With an average of more than three transactions token, the oil and gas sector cannot exist perpetually insulated from every day, oil and gas has continued to be one of the most active wider political and economic turmoil. These dynamics are driving global sectors for M&A. Only the downstream segment of the considerable volatility in the capital markets, and this is likely to industry saw a decline in transaction volumes in 2011, with the have a significant impact on capital intensive sectors such as oilfield services segment turning in a very healthy 64% increase. oil and gas. We anticipate that capital constraints among the The aggregate value of oil and gas transactions totalled US$317b. independent sector, combined with well–capitalized large–caps and The 2011 deal value was about 7% below last year’s US$341b, sovereign–sponsored organizations, will underpin a robust level of largely as a result of fewer megadeals. In 2010, there were transaction activity in 2012. 76 oil and gas transactions valued in excess of US$1b; in 2011, The year 2011 promised more than it delivered. Against an this population had declined to 71. The largest oil and gas uncertain economic and capital markets background, 2012 transaction of 2011, Kinder Morgan’s US$38b acquisition of promises less but could likely deliver more. El Paso, was broadly comparable to last year’s largest deal, Petrobras’s US$42.5b equity transaction. Source: IHS Herold Inc (unless otherwise stated). 1 Global oil and gas transactions review 2011 Contents 1. Upstream 03 2. Downstream/midstream 09 3. Oilfield services 13 4. Regional roundup 17 • Africa 19 • Australia 20 • Canada 21 • CIS 22 • Europe 23 • Far East 24 • India 25 • United States 26 Global oil and gas transactions review 2011 2 >> Upstream Last year was marked by global turbulence, A more worrying trend, however, can with political change, economic upheaval be seen on a quarterly basis, where deal and natural disaster all playing a major part. volumes declined in the second half of Clarity has been hard to come by, yet it is 2011. This reflects growing economic clear that security of energy supply and uncertainty during the year, combined with reliance on the oil and gas sector are tightening capital markets. Access to debt undiminished. This is reflected in oil prices and equity funding, particularly for the that have remained robust despite an independent sector, is now extremely uncertain economic outlook and an challenging. Ironically, this situation is likely upstream M&A market that, although lower to result in an increase in transaction than in recent years, has averaged activity in 2012 as the largely well– approximately two to three transactions capitalized majors and national oil every day in 2011. companies (NOCs) exploit their balance sheet advantage. Figure 1. Upstream deal value and volumes 300 100 91.7 283 90 248 250 253 251 250 238 80 Announced value (US$billion) 222 222 220 200 203 70 200 67.1 63 60 50 150 138 45.6 42.2 43.7 39.4 43.9 39.4 40 Number of deals 32.3 100 30 29.5 24.9 20 50 10 0 0 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 Number of deals Total value Source: IHS Herold Inc 3 Global oil and gas transactions review 2011 Activity levels declined US$42.5b asset acquisition by Petrobras throughout the year and ExxonMobil’s US$40b acquisition of XTO in 2009. Overall, 2011 has seen more The year 2011 began with transaction cautious transactions with much fewer large activity continuing the encouraging pace deals. There were 38 upstream deals seen at the end of 2010. This momentum greater than US$1b in value compared to did not continue, however, and as a result, 55 in 2010. This is highlighted in the total transaction activity was comparable to following chart, which compares the value 2010, with a total of 957 transactions of the top 10 upstream transactions in each announced versus 947 in 2010. The 36% of the previous three years. decline in reported total transaction value was far more substantial, driven by the absence of a megadeal, such as last year’s Figure 2. 10 largest upstream deals in 2011 120,000 100,000 80,000 60,000 40,000 Deal value (US$million) 20,000 0 2009 2010 2011 Source: IHS Herold Inc Global oil and gas transactions review 2011 4 Asset deals continued to dominate the upstream transactions North America remains the most active market, landscape, accounting for 79% of deal volume. However, they but Europe and CIS exhibit strongest growth declined in absolute volume and announced values. The number of announced asset transactions slipped some 3%, to 758, while total On a regional basis, North America continued to lead transaction value dropped off 50%, to US$86b — though as noted previously, activity with almost 60% of announced transactions, comparable to the $42.5b Petrobras transaction weighs heavily in last year’s total. the prior year's 61%. The North American bias is echoed in Corporate deal activity increased by 18% over 2010 deal numbers. transaction values, with 58% of announced deal value being in the Reported corporate deal values were down slightly, $69b in 2011 US and Canada. Although remaining second to the US in versus $71b in 2010. transaction numbers, Canadian deal activity was down more than 30% on 2010, with 124 announced deals versus 186 for the prior year; and with fewer top–end deals, total value was down 65%. Figure 3. Number of upstream deals by type The decline in transaction activity was widespread, with only the 1,200 US, Europe, the CIS, Africa and India witnessing an increase in transaction volume on 2010 data. European transaction activity 1,000 was up 42%, with over half of the 108 transactions involving assets 168 199 in the North Sea — evidence of the resurging interest in the region. 800 214 600 Figure 5. Number of upstream deals by region 400 779 758 610 500 Number of transactions 200 450 432 390 0 400 2009 2010 2011 350 Assets Corporate 300 Source: IHS Herold Inc 250 200 186 150 124 108 Number of transactions 100 76 64 Figure 4. Total upstream deal value by type 52 61 58 47 55 58 50 36 38 41 27 14 17 20 300.0 0 Africa Asia Australia Canada Europe CIS United South Middle Other 250.0 States America East 2010 2011 200.0 71.5 Source: IHS Herold Inc 150.0 68.9 100.0 110.2 Figure 6. Total upstream deal value by region 170.1 Deal value (US$billion) 90.0 50.0 85.9 53.4 80.0 77.2 0.0 76.0 2009 2010 2011 70.0 66.4 Assets Corporate 60.0 Source: IHS Herold Inc 50.0 40.0 37.3 30.0 Deal value (US$billion) 20.0 17.616.9 12.7 12.2 10.0 9.310.8 9.7 10.3 6.8 6.4 6.17.4 4.5 3.0 4.9 0.0 0.9 Africa Asia Australia Canada Europe CIS United South Middle Other States America East 2010 2011 Source: IHS Herold Inc 5 Global oil and gas transactions review 2011 An unconventional era Canada’s tar sands activity has also intensified, as the strong oil price has facilitated an increase in the capital–intensive The booming unconventional sector has drawn headlines around development projects.
Load more

Recommended publications
  • Cheshire Fire Authority Draft IRMP 2020-2024 Consultation Additional Resources and Consultation Responses
    Draft Integrated Risk Management Plan 2020-2024 Consultation Responses and Additional Resources June 2020 Draft Annual Action Plan 2020- 2024 (IRMP 16) Consultation Report Page 1 of 80 Contents Page 1. Introduction 5 2. Additional Resources • Social Media and Online Activity 6 • List of Stakeholders Communicated With 12 • Draft IRMP Summary and Survey 15 3. Individual Public Responses 23 4. Social Media Comments 32 5. Public Survey – Free Text Comments • Contact with the Service in the last 3 years 44 • Overall satisfaction with the Service’s performance 45 • Expand the Safe and Well programme 46 • Developing a road safety plan 53 • Reviewing the Risk Based Inspection Programme 71 • Developing a HMO safety campaign 84 • Replacing the third aerial appliance 94 • Relocating the second engine at Ellesmere Port 102 • Introducing a Day Crewing model at Wilmslow 113 • Expanding the fleet of RRRUs 120 • Other comments 129 6. Focus Group Notes 137 7. Deliberative Workshop Notes 145 8. Staff Survey – Free Text Comments • Expanding the Safe and Well programme 159 Draft IRMP 2020-24 Consultation Feedback Report: Additional Resources & Consultation Responses 2 • Developing a road safety plan 160 • Reviewing the Risk Based Inspection Programme 162 • Developing a HMO safety campaign 164 • Replacing the third aerial appliance 165 • Relocating the second engine at Ellesmere Port 167 • Introducing a Day Crewing model at Wilmslow 169 • Expanding the fleet of RRRUs 170 • Reviewing our water strategy 172 • Developing a wildfire capability 174 • Reviewing special appliances 175 • Other comments 176 9. Staff Visit and Conference Notes • Expanding the Safe and Well programme 178 • Developing a road safety plan 181 • Replacing the third aerial appliance 184 • Introducing a Day Crewing model at Wilmslow 186 • Relocating the second engine at Ellesmere Port 187 • Expanding the fleet of RRRUs 189 • Reviewing our water strategy 191 • Developing a wildfire capability 191 • Reviewing special appliances 192 10.
    [Show full text]
  • Pancontinental Oil & Gas NL – June 2012 Institutional Roadshow
    Highly leveraged into two of the most exciting oil and gas regions of the decade Investor Presentation - June 2012 www.pancon.com.au Disclaimer These materials are strictly confidential and are being supplied to you solely for your information and should not be reproduced in any form, redistributed or passed on, directly or indirectly, to any other person or published, in whole or part, by any medium or for any purpose. Failure to comply this restriction may constitute a violation of applicable securities laws. These materials do not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, or any offer to underwrite or otherwise acquire any securities, nor shall any part of these materials or fact of their distribution or communication form the basis of, or be relied on in connection with, any contract, commitment or investment decision whatsoever in relation thereto. The information included in the presentation and these materials is subject to updating, completion, revision and amendment, and such information may change materially. No person is under any obligation to update or keep current the information contained in the presentation and these materials, and any opinions expressed in relation thereto are subject to change without notice. The distribution of these materials in other jurisdictions may also be restricted by law, and persons into whose possession these materials come should be aware of and observe any such restrictions. This presentation includes forward-looking statements that reflect the company’s intentions, beliefs or current expectations.
    [Show full text]
  • Natural Gas in East Africa: Domestic and Regional Use Usua U
    The Stanford Natural Gas Initiative Natural Gas in East Africa: Domestic and Regional Use Usua U. Amanam Pre-symposium white paper for: Reducing Energy Poverty with Natural Gas: Changing Political, Business, and Technology Paradigms May 9 & 10, 2017 Stanford University, CA Natural Gas in East Africa: Domestic and Regional Use Usua U. Amanam* April 2017 1 Introduction The world’s natural gas demand is projected to grow by 50% [1] by 2040, with much of that driven by developing regions like non-OECD Asia and Africa [2]. Africa’s natural gas demand, in particular, is anticipated to grow by more than a factor of two [3]. Be- cause natural gas is relatively cheap and abundant as a result of advances in technology, it plays a large role in shaping how countries plan to meet their rising energy needs. East Africa is a region that has benefited greatly from improvements in exploration and drilling techniques [4]. The large discoveries of natural gas in offshore Mozambique and Tanzania will contribute to meeting the rapidly growing worldwide energy demand while also serving as an effective energy solution in a region whose per capita power consump- tion is less than that needed to continuously power a 50-watt lightbulb [5]. Figure 1: Africa’s natural gas consumption by end-use sector, 2012-2040 (trillion cubic feet) [3] . Both countries stand to benefit and can become regional energy hubs1 if the gas and money generated from fields is properly allocated and invested. Since 2000, two out of every three dollars put into the Sub-Saharan Africa energy sector have been committed to the development of resources for export [5].
    [Show full text]
  • Annual Report and Accounts 2014 Accounts and Report Annual
    and Accounts 2014 Annual Report Ophir Energy plc Annual Report and Accounts 2014 Ophir Energy creates value by finding resources and then monetising them at the appropriate time. The Group has an extensive and diverse Read more at portfolio of assets in Africa and Asia and is listed ophir-energy.com on the London Stock Exchange (FTSE 250). Ophir diversifies funding model through acquisition of Salamander Energy During 2014 Ophir agreed to acquire Salamander Energy. This acquisition provides Ophir with an Asian operating platform, with a cash generative production base that is resilient at low oil prices and will part fund the resource finding business. Review of operations page 22 Contents Strategic report 2 Financial statements 95 Overview Independent Auditor’s report 95 Financial and operational highlights in 2014 2 Consolidated income statement and Market overview 4 statement of comprehensive income 98 Business model 6 Consolidated statement of financial position 99 Chairman’s statement 8 Consolidated statement of changes in equity 100 Consolidated statement of cash flows 101 Strategy Notes to the financial statements 102 Chief Executive’s review 10 Statement of Directors’ responsibilities Strategy and key performance indicators 12 in relation to the Company financial statements 132 Principal risks and uncertainties 18 Company statement of financial position 133 Performance Company statement of changes in equity 134 Review of operations 22 Company statement of cash flows 135 Financial review 34 Notes to the financial statements 136
    [Show full text]
  • 2D Seismic Survey in Block AD- 10, Offshore Myanmar
    2D Seismic Survey in Block AD- 10, Offshore Myanmar Initial Environmental Examination 02 December 2015 Environmental Resources Management www.erm.com The world’s leading sustainability consultancy 2D Seismic Survey in Block AD-10, Environmental Resources Management Offshore Myanmar ERM-Hong Kong, Limited 16/F, Berkshire House 25 Westlands Road Initial Environmental Examination Quarry Bay Hong Kong Telephone: (852) 2271 3000 Facsimile: (852) 2723 5660 Document Code: 0267094_IEE_Cover_AD10_EN.docx http://www.erm.com Client: Project No: Statoil Myanmar Private Limited 0267094 Summary: Date: 02 December 2015 Approved by: This document presents the Initial Environmental Examination (IEE) for 2D Seismic Survey in Block AD-10, as required under current Draft Environmental Impact Assessment Procedures Craig A. Reid Partner 1 Addressing MOECAF Comments, Final for MOGE RS CAR CAR 02/12/2015 0 Draft Final RS JNG CAR 31/08/2015 Revision Description By Checked Approved Date Distribution Internal Public Confidential CONTENTS 1 EXECUTIVE SUMMARY 1-1 1.1 PURPOSE AND EXTENT OF THE IEE REPORT 1-1 1.2 SUMMARY OF THE ACTIVITIES UNDERTAKEN DURING THE IEE STUDY 1-2 1.3 PROJECT ALTERNATIVES 1-2 1.4 DESCRIPTION OF THE ENVIRONMENT TO BE AFFECTED BY THE PROJECT 1-4 1.5 SIGNIFICANT ENVIRONMENTAL IMPACTS 1-5 1.6 THE PUBLIC CONSULTATION AND PARTICIPATION PROCESS 1-6 1.7 SUMMARY OF THE EMP 1-7 1.8 CONCLUSIONS AND RECOMMENDATIONS OF THE IEE REPORT 1-8 2 INTRODUCTION 2-1 2.1 PROJECT OVERVIEW 2-1 2.2 PROJECT PROPONENT 2-1 2.3 THIS INITIAL ENVIRONMENTAL EVALUATION (IEE)
    [Show full text]
  • First Name Surname Company Job Title Rob Adams PGS Business
    First Name Surname Company Job Title Rob Adams PGS Business Development Nicola Adams BP Exploration Manager Jim Ahmad Delonex Energy UK Ltd Business Manager Andy Amey Shell International New Ventures Team Lead David Anderson Kana Consultants Operations Manager James Andrew CGG Multi-Physics - Business Development Manager Graziano Ardenghi ENI SPA Exploration Project Manager Peter Aslett ION Business Development Director Peter Baillie CGG SVP Business Development Simon Baker RPS Geological Advisor Dean Baker RISC Senior Consultant - Geoscience Rajeevan Balakumar Petronas Manager/Geologist Jason Banks Indalo Director Nazrin Banu Petronas Manager Ian Baron Arab Oil Director Zamri Baseri Petronas Head Block Promotion Adam Becis ERC Equipoise Reservoir Engineer Alastair Bee Westwood Global Energy Group Senior Associate Graham Bell ERC Equipoise Director Clyde Bennett New Zealand Oil & Gas Business Development Advisor Thomas Bernecker Australian Government Manager Stephanie Best PESGB Operations Clement Blaizot Geospace Chief Executive Greg Blower Gaia Earth Operations Consultant John Boldock Geo Brokers Pty Ltd Sales Manager Christopher Boot Canesis Data Director David Boote DBConsulting Ltd Director Adam Borushek RISC Reservoir Engineer Steven Bottomley New Zealand Oil & Gas Consultant Lawrence Bourke Task Fronterra (Asia) Pty. Ltd. CEO Edwin Bowles KrisEnergy General Manager - Bangladesh David Bowling Baker Hughes Geomechanics Sales Lead, APAC Ginny-Marie Bradley University of Manchester PhD Research Postgraduate Student Paul Bransden Mubadala
    [Show full text]
  • The Liverpool-Manchester Hydrogen Cluster: a Low Cost, Deliverable Project
    The Liverpool-Manchester Hydrogen Cluster: A Low Cost, Deliverable Project Technical Report by Progressive Energy Ltd August 2017 Contents PAGE 01 1.0 Introduction, scope and objectives PAGE 03 2.0 Characterisation of infrastructure in the L-M area 2.1 Scope of the L-M Cluster Area 03 2.2 Industrial Gas Demand 04 2.3 Energy Delivered by Hydrogen/Natural Gas Blends 07 2.4 Power Generation Infrastructure and Gas Demand 08 2.5 Opportunities for Hydrogen Supply 09 2.6 Existing Gas Transportation Infrastructure 11 2.7 Opportunities for Offshore Storage of CO2 13 2.8 Existing Hydrogen, and Wider Gas Storage Infrastructure 15 2.9 Potential Carbon Reduction Benefits 17 PAGE 19 3.0 Characterisation of infrastructure on Humberside 3.1 Scope of the Humber Cluster Area 19 3.2 Industrial Gas Demand 20 3.3 Energy Delivered by Hydrogen/Natural Gas Blends 23 3.4 Power Generation Infrastructure and Gas Demand 24 3.5 Opportunities for Hydrogen Supply 25 3.6 Existing Gas Transportation Infrastructure 26 3.7 Opportunities for Offshore Storage of CO2 28 3.8 Existing Hydrogen, and Wider Gas Storage Infrastructure 30 3.9 Potential Carbon Reduction Benefits 31 PAGE 33 4.0 Comparative analysis of candidate locations 4.1 Scope, Objectives and Summary Methodology 33 4.2 Deliverability of Early Stage Demonstration Projects 33 4.3 Costs of Scaling-up to Full Hydrogen Cluster 35 4.4 Future Reductions in CO2 emissions 38 4.5 Summary of Comparative Analysis 39 Contents (continued) PAGE 41 5.0 Technical and sectoral analysis 5.1 Scope, Objectives and Summary Methodology
    [Show full text]
  • Corporate Update January 2021 Pharos Energy / 2 Disclaimer
    Pharos Energy Corporate Update January 2021 Pharos Energy / 2 Disclaimer This presentation has been prepared by Pharos Energy Plc. The presentation does not purport to The Group undertakes no obligation to revise any such forward-looking statements to reflect any be comprehensive and has not been fully verified nor will it be subject to material updating, changes in the Group’s expectations or any change in circumstances, events or the Group’s plans revision or further amendment. The presentation has been provided for information purposes only. and strategy. Accordingly, no reliance may be placed on the figures contained in such forward- looking statements. Forward-looking statements are not guarantees or representations of future Nothing in this presentation or in any accompanying management discussion of this presentation performance. Similarly, past share performance cannot be relied on as a guide to future constitutes, nor is it intended to constitute: (i) an invitation or inducement to engage in any performance. Even if the Group’s results of operations, financial and market conditions, and the investment activity, whether in the United Kingdom or in any other jurisdiction; (ii) any development of the industry in which the Group operates, are consistent with the forward-looking recommendation or advice in respect of the ordinary shares (the Shares) in Pharos Energy plc or statements contained in the presentation, those results, conditions or developments may not be the group of companies of which it is the ultimate holding company (together the Group); or (iii) indicative of results, conditions or developments in subsequent periods. any offer for the sale, purchase or subscription of any Shares.
    [Show full text]
  • Significant Energy Assets on the Market (SEAM) Database on IHS
    Significant Energy Assets on the Market (SEAM) Database on IHS Connect IHS Energy has launched a new database tool that actively tracks all known energy assets on the market and independently values them in a transparent manner utilizing more than 40,000 comparable transactions from IHS’s M&A database dating back to 1988. Assets on the Market database features include: • Searchable and exportable database covering all global and regional • Source documents including offering memos, prospectuses, and locations and all resource segments, detailing valuations and full press releases. operational data including reserves, production and acreage. • Full opportunity set currently totals approximately $250 billion • Contact information for sellers and advisors. Canada $25 B+ Europe $30 B+ Sellers Key Assets for Sale (or JV) Sellers Key Assets for Sale (or JV) Apache Corp. 1 million acres in Provost region of east-central Alberta Antrim Energy Skellig Block in Porcupine Basin Athabasca Oil Corp. 350,000 net prospective acres in Duvernay BNK Petroleum Joint venture partner sought for Polish shale gas play Canadian Oil Sands Rejects Suncor offer; reviewing strategic alternatives BP 16% stake in Culzean gas field in UK North Sea Centrica plc Offering 6,346 boe/d (86% gas) ConocoPhillips 24% stake in UK’s Clair oil field. Considering sale of Norwegian Cequence Energy Montney-focused E&P undergoing strategic review North Sea fields ConocoPhillips Western Canada gas properties Endeavour Int’l. Bankrupt; to sell Alba and Rochelle fields in the UK North
    [Show full text]
  • Lower Mersey Leap Annual Review September 2001
    LOWER MERSEY LEAP ANNUAL REVIEW SEPTEMBER 2001 E n v ir o n m e n t Ag e n c y NATIONAL LIBRARY & INFORMATION SERVICE HEAD OFFICE Rio House. Waterside Drive, Aztec West, Almondsbury, Bristol BS32 4UD ENVIRONMENT AGENCY 076559 80 Local Authority Boundaries ^REWE, Jl NANTWICH BCj KEY Area Boundary a - \ , ^ Watercourse N Culverted Watercourse A Canal 50 Council Boundary 10km __ I 40 50 60 Lower Mersey Local Environment Agency Plan E n v i r o n m e n t A g e n c y Area Boundary Watercourse Culverted Watercourse N Canal A Built up Area Motorway 50 A Road 10km Rail Network ___I 40 50 60 Lower Mersey LEAP Second Annual Review EXECUTIVE SUMMARY The Second Annual Review of the Lower Mersey LEAP reports on the progress made from 1999 against LEAP actions. The actions published in the LEAP are supplemental to our everyday work on monitoring, surveying and regulating to protect the environment. Some of the key achievements for the Agency and its partners include: • Cleanaway’s incinerator at Ellesmere Port, destroys waste refrigerant gases (CFC’s and HCFC’s) greatly reducing their global warming and ozone depletion potentials. • New sulphur removal plant at Shell’s Stanlow Refinery has resulted in a reduction of the acid gas sulphur dioxide released into the atmosphere. • The closure of Bridgewater Paper’s coal-fired power station in summer 2000 and its replacement by a gas-fired combined heat and power (CHP) plant has resulted in a reduction in particulate and sulphur dioxide emissions. The new CHP was authorised in November 1999 and commissioned through 2000.
    [Show full text]
  • Development Opportunity at a Prime Portside Location
    QE II 4pp Brochure:Layout 1 19/02/2013 09:25 Page 2 DEVELOPMENT OPPORTUNITY AT A PRIME PORTSIDE LOCATION PLOT A: 10.8 acres PLOT B: 16.16 acres Plot A: 10.8 acres Plot B: 16.16 acres Total: 26.24 acres Available in plots from 1 acre QEII DOCK - PORT WIRRAL GRO UP | EASTHAM | QE II 4pp Brochure:Layout 1 19/02/2013 09:25 Page 3 | QEII DOCK - Port Wirral| Eastham | The Opportunity UK West Coast Petrochemical Hub QEII is a 26.24 acre site on the Western Bank of the Mersey Estuary, situated at the entrance to the Manchester Ship Canal. The Port of Liverpool and the Manchester n Ships connected to available storage by Ship Canal is a major West Coast hub for network of pipelines QEII forms part of the larger Port Wirral concept, which will extend from Eastham down bulk liquids including petrochemical and to Ellesmere Port along the Canal. n High and Low flash substances handled hydrocarbons, handling over 18 million and stored The site benefits from berthing facilities within operational docks, and is accessible by tonnes in 2012. road via the A41 at junction 6 of the M53 motorway. n A wide variety of product groups handled The proximity of Port Wirral to Stanlow including crude oils, base oils, diesels, The site currently houses operations from businesses such as NuStar and Shell/Nynas. Oil Refinery, the North West bio fuels, kerosene, gasoline, Although there are currently two additional large vacant plots of land that can be petrochemical industry, 25% of UK petrochemicals, vegetable oils, animal offered to other operators.
    [Show full text]
  • High Impact Sector Companies Analysed in the CDP Europe Report – 2019 Disclosure Year
    High impact sector companies analysed in the CDP Europe Report – 2019 disclosure year The materials, energy and transport sectors, along with agriculture, comprise CDP’s high impact sectors. However due to lack of reporting data, the Agriculture sector was not included in the high- impact company analysis. Organization name Country Sector EVN AG Austria Electric utilities Mayr-Melnhof Karton Aktiengesellschaft Austria Paper & forestry OMV AG Austria Oil & gas Österreichische Post AG Austria Transport services VERBUND AG Austria Electric utilities Voestalpine AG Austria Steel Food, beverage & Anheuser Busch InBev Belgium tobacco Bekaert NV Belgium Metals & mining bpost Belgium Transport services Elia System Operator Belgium Electric utilities Fluxys Belgium Belgium Oil & gas Nyrstar NV Belgium Metals & mining Ontex Group NV Belgium Paper & forestry Solvay S.A. Belgium Chemicals CEZ Czechia Electric utilities A.P. Moller - Maersk Denmark Transport services Food, beverage & Carlsberg Breweries A/S Denmark tobacco Food, beverage & Chr. Hansen Holding A/S Denmark tobacco Dampskibsselskabet NORDEN A/S Denmark Transport services DFDS A/S Denmark Transport Services DSV A/S Denmark Transport services Novozymes A/S Denmark Chemicals Ørsted Denmark Electric utilities Finnair Finland Transport services Fortum Oyj Finland Electric utilities Huhtamäki Oyj Finland Paper & forestry Kemira Corporation Finland Chemicals Metsä Board Finland Paper & forestry Neste Oyj Finland Oil & gas Outokumpu Oyj Finland Steel Stora Enso Oyj Finland Paper & forestry UPM-Kymmene
    [Show full text]