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Industrial & Marine Gas Turbines
 
SIEMENS DELIVERS POWER PLANT UNIT FOR COMBINED CYCLE FACILITY IN HONG KONG
Friday, January 20, 2017
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Deal Marks First SGT5-8000H to China

Source: Siemens


Deal Marks First SGT5-8000H to China

Source: Siemens


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ERLANGEN, Germany - Siemens received an order from Castle Peak Power Company Limited(CAPCO) for the delivery of a power block for a new combined cycle unit in its Black Point Power Station in Tuen Mun, in the northwest of Hong Kong.

This marks the first order for Siemens power plant components from Hong Kong in 20 years. CAPCO is a joint venture of China Southern Power Grid International Limited and CLP Power Hong Kong Limited (CLP Power).

Scheduled to be in operation before 2020, the plant will have an installed total capacity of 550 megawatts (MW) to supply approximately a million households with electricity. Siemens is delivering an H-class gas turbine to Greater China for the first time, and has now sold the total of 80 SGT-8000H units worldwide.

The total order for Siemens includes the delivery and commissioning of the power block, with a single-shaft configuration. The power block's core will consist of an SGT5-8000H gas turbine, an SST5-5000 steam turbine, a water-cooled SGen5-3000W generator manufactured in Germany as well as the SPPA-T3000 control system.

Currently, Hong Kong has a total installed capacity of about 12.6 gigawatts and uses primarily fossil fuels to generate electricity. Hong Kong's government set an objective to increase local gas generation to around 50 percent of the total fuel mix for electricity generation by 2020, while decreasing emissions and pollutant output from power generation sector. With its high efficiency, the Siemens H-class gas turbine offers the technological foundation to supply Hong Kong with energy in an efficient, resource-saving manner.

Combined cycle power plants that have an SGT-8000H installed achieve a high efficiency level above 60 percent and are characterized by short startup times and rapid load changes. The unit to be installed in Hong Kong represents the 80th H-class gas turbine that Siemens has sold worldwide; it has proven itself in daily power plant operations by amassing more than 300,000 operating hours. The SGT-8000H fleet has a reliability of more than 99 percent.

Source:  Siemens
Associated URL: http://www.siemens.com/press/en/pressrelease/index.php?content%5B%5D=Corp&conten
Source Date: January 20, 2017
Posted: 01/20/2017

 
 
ROLLS-ROYCE TO SUPPLY MTU ENGINES FOR SEARCH AND RESCUE VESSELS IN TURKEY
Thursday, January 19, 2017
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SAR 1906 powered by two 8V 2000 M84L engines

Source: Rolls-Royce Power Systems


SAR 1906 powered by two 8V 2000 M84L engines

Source: Rolls-Royce Power Systems


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FRIEDRICHSHAFEN, Germany - Rolls-Royce will supply MTU diesel engines for six new search and rescue vessels to be built by Damen Shipyards and operated by the Turkish Coastguard. Damen Shipyards has been awarded a contract by the International Organization for Migration (IOM) in Ankara to build the vessels which will each feature two 8-cylinder MTU Series 2000 engines.

The boats will support ongoing operations to rescue migrants and refugees from crisis areas along the Turkish coast. They are designed to be self-righting, should they capsize, the MTU engines will keep on running even in the extreme event that the vessel completes a full 360° vertical roll around its longitudinal axis. The MTU brand is part of Rolls-Royce Power Systems.

The six new vessels will be built by Damen Shipyards Antalya with the first delivery expected in May 2017 and the remainder by the end of the year. The vessels are designed and equipped to operate as lifeboats, and the aluminum hull is based on Damen’s Axe-Bow technology. The MTU 8V 2000 M84L engines enable a top speed of 33 knots for search and rescue operations.

Source:  Rolls-Royce Power Systems
Associated URL: rrpowersystems.com
Source Date: January 19, 2017
Posted: 01/20/2017

 
 
R-R COMPLETES AGREEMENTS WITH INVESTIGATING AUTHORITIES; AGREES TO PAY £671M IN PENALTIES
Tuesday, January 17, 2017
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Source: Rolls-Royce


Source: Rolls-Royce


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LONDON - Rolls-Royce said it has entered into a Deferred Prosecution Agreement (DPA) with the UK’s Serious Fraud Office (SFO) with the approval of the President of the Queen’s Bench Division (The Right Honourable Sir Brian Leveson) and published by the SFO. Rolls-Royce has also reached a DPA with the US Department of Justice (DoJ) and a Leniency Agreement with Brazil’s Ministério Público Federal (MPF).

These agreements relate to bribery and corruption involving intermediaries in a number of overseas markets, concerns about which the company passed to the SFO from 2012 onwards following a request from the SFO. These are voluntary agreements, which result in the suspension of prosecution provided that the company fulfils certain requirements, including the payment of a financial penalty. The agreements will result in the total payment of £671 million ($824 million).

"The behavior uncovered in the course of the investigations by the Serious Fraud Office and other authorities is completely unacceptable and we apologize unreservedly for it, said Warren East, Chief Executive, Rolls-Royce. "This was unworthy of everything which Rolls-Royce stands for, and that our people, customers, investors and partners rightly expect from us."

East added that past practices that have been uncovered "do not reflect the manner in which Rolls-Royce does business today. We now conduct ourselves in a fundamentally different way. We have zero tolerance of business misconduct of any sort."

Under the terms of the DPA with the SFO, Rolls-Royce will pay £497,252,645 plus interest under a schedule lasting up to five years, plus a payment in respect of the SFO’s costs.

SFO Payment Schedule

By June 30, 2017 £119,000,000

By January 31, 2019 £100,000,000

By January 31, 2020 £130,000,000

By January 31, 2021 £148,252,645

Rolls-Royce has also agreed to make payments to the DoJ totaling $169,917,710 and to the MPF totaling $25,579,179. As a result, total payment by Rolls-Royce in the first year of all three agreements is expected to be £293 million ($360 million).

Rolls-Royce reports its full year 2016 results on February 14, 2017 and an appropriate update on the implications of these settlements will be provided at that time. Early indications are that the Group has had a good finish to the year with both profit and, in particular, cash expected to be ahead of expectations.

Rolls-Royce has co-operated fully and extensively with the authorities and all three agreements record Rolls-Royce’s co-operation, with the UK agreement specifically noting our "full and extraordinary co-operation" with the SFO’s investigation. We have taken decisive disciplinary action where the rules have been broken. This has resulted in a number of people leaving the business and we no longer use any of the intermediaries who have been implicated.

Rolls-Royce has implemented an extensive action program to embed ethics and compliance at our heart and transform our business culture, including:

-- Setting clear standards for the behaviors we expect of our people and those we do business with

-- Implementing revised and new ethics and compliance policies covering areas including anti-bribery and corruption, offset, gifts and hospitality and lobbying

-- Recruiting a senior team of ethics and compliance experts

-- Training ethics and compliance specialists across our business and introducing an extensive training program for employees

-- Encouraging employees to report any concerns and creating new channels including a 24-hour Ethics Line available worldwide

-- Reducing dramatically the number of intermediaries that we use across the world and ensuring that those advisers that we do retain meet our high ethical and compliance standards and understand exactly what is expected of them

All this work has been overseen by one of the world’s most respected authorities in this field, Lord Gold, who was appointed in 2013 and continues to work with Rolls-Royce. He reports back to the Board regularly on progress and when he completes his final report we will publish it.

For legal reasons, Rolls-Royce cannot make any comment on the agreed Statements of Facts, published by the investigating authorities, nor on the identity of any intermediaries or employees.

Source:  Rolls-Royce
Associated URL: rolls-royce.com
Source Date: January 17, 2017
Posted: 01/20/2017

 

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