DDTV – WATCH THE FOUR MINUTE MILE BEING BROKEN IN DONEGAL FOR THE FIRST TIME!

first_imgLetterkenny Athletic Club put on a superb afternoon’s entertainment on Sunday with their Four Minute Mile Challenge event.As well as breaking the four minute mile, there were numerous other track record broken on the day. Also on display were local favourites Mark English and Danny Mooney.Many thanks to Donegal TV for the video.Simply click to play.DDTV – WATCH THE FOUR MINUTE MILE BEING BROKEN IN DONEGAL FOR THE FIRST TIME! was last modified: July 14th, 2014 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Danny McDaidDDTVdonegalFour Minute MileLetterkenny Athletic Clublast_img read more

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PetroSA, Sinopec partner on refinery

first_imgThe first phase will focus on market studies, the review and selection of a business case, while the second will develop a business case that is expected to prepare Project Mthombo for the important Front End Engineering Design (FEED) stage. Sinopec was ranked 5th in the Fortune Global 500 index for 2011. It specialises in industrial investment, the marketing and comprehensive utilisation of oil and natural gas, oil refining and transportation of petrochemicals. 22 May 2012 PetroSA Group CEO Nosizwe Nokwe said the JSA (Joint Study Agreement) with Sinopec would significantly advance the realisation of Project Mthombo. Market studies, business case The agreement, according to PetroSA, will involve the commissioning of studies over two phases. “This JSA will align the partners and develop an integrated owner’s team, in line with best practices for the planning and executing of this mega project. Project Mthombo will significantly gain from the experience and expertise of Sinopec,” Nokwe said. FEED refers to the basic engineering which is conducted after the completion of a conceptual design or feasibility study of a project. At this stage, before the start of engineering, procurement and construction, various studies take place to figure out technical issues and estimate rough investment cost. Construction on project Mthombo project, which will be the biggest refinery in Africa, is expected to start this year, with the refinery to come on stream by 2015. State oil company PetroSA has partnered with China’s Sinopec Group to work together in pushing the building of the proposed Mthombo crude oil refinery project, PetroSA said on Monday. She added that as PetroSA, they are convinced that the results of this important study will be key in the development of the 20-year Liquid Fuels Plan and the work of the Presidential Infrastructure Coordinating Commission. The agreement has made it possible for PetroSA and Sinopec to contract Sinopec Engineering Incorporation (SEI) to conduct the studies on behalf of the two companies. The two phases are expected to last 18 months. In September 2011, PetroSA signed a Memorandum of Understanding (MoU) with the Sinopec Group aimed at creating the conditions for cooperation in the areas of developing a crude oil refinery, exploration, development and production of hydrocarbon opportunities and downstream activities. Source: BuaNews The US$11-billion refinery in the industrial port of Coega near Port Elizabeth will have a 400 000 barrels a day capacity and will ensure security of fuel supply in South Africa. Liquid Fuels Plan In preparation for the studies, PetroSA says they have also established a steering committee to guide and manage the process. A working group will also be set up to work closely with SEI.last_img read more

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KfW IPEXBank Finances Arklows Bulker Quartet

first_imgzoom German KfW IPEX-Bank informed it will finance four bulker newbuildings owned by Irelands’ Arklow Shipping. A total of EUR 51 million (USD 60.8 million) is provided together with DekaBank for 16,500 dwt short sea bulk carriers.The financing is backed by a 95% Hermes cover. In addition to its role as the mandated lead arranger, KfW IPEX-Bank is also acting as Hermes agent, the bank said.The vessels are being built at the Ferus Smit shipyard in Leer, Germany. The short sea bulkers will be deployed in the North and Baltic Seas and have an ice class (1A).As informed, the ships are scheduled for delivery between September 2018 and February 2020.Arklow Shipping currently has a fleet of 51 bulkers that serve a niche segment in northwestern Europe. In addition, the company has 11 ships on order at Ferus Smit and Bodewes yards, VesselsValue’s data shows.last_img read more

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