Latest news with #Block4
Yahoo
12-06-2025
- Business
- Yahoo
INPEX secures Onshore Block 4 concession in Abu Dhabi
Japanese oil company INPEX has secured a production concession for Onshore Block 4 in Abu Dhabi, United Arab Emirates, strengthening its Middle East portfolio. The Supreme Council for Financial and Economic Affairs of Abu Dhabi awarded the concession to INPEX's subsidiary Jodco Exploration (JEL). JEL will hold a 40% interest in Onshore Block 4, with Abu Dhabi National Oil Company (ADNOC) retaining the remaining 60%. The partners are set to jointly advance development and production activities in the region. This follows INPEX's participation in ADNOC's first competitive bid round in 2018, which led to the exclusive rights to explore Onshore Block 4 and the subsequent discovery of multiple oil, condensate and gas reservoirs after drilling operations in 2021. The production concession is expected to significantly contribute to INPEX's business expansion in Abu Dhabi, where the company has been operating for more than five decades. Apart from the Onshore Block 4 concession, the Abu Dhabi council has also awarded two other oil and gas production concessions. A production concession agreement has been awarded to ADNOC, ENI Abu Dhabi and PTTEP MENA for Offshore Block 2 in Abu Dhabi. The production concession is situated offshore to the west of the Ghasha field, focusing primarily on conventional gas resources. ADNOC will hold a 60% interest in the concession area, while ENI and PTTEP will hold 28% and 12% participating interests, respectively. The third and final production concession agreement has been awarded to ADNOC and Pakistan International Oil Limited (PIOL) for Offshore Block 5 in Abu Dhabi. PIOL will own a 40% participating interest in the concession area, located offshore near the Zakum field, primarily producing conventional oil resources. ADNOC will hold the remaining 60% interest. "INPEX secures Onshore Block 4 concession in Abu Dhabi" was originally created and published by Offshore Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
04-03-2025
- Business
- Yahoo
F-35s to get new capabilities with summer software update
AURORA, Colo. — Lockheed Martin hopes to begin rolling out early Block 4 capabilities to the F-35 this summer, a senior company official said Monday. Chauncey McIntosh, vice president and general manager of Lockheed's F-35 program, said at the Air and Space Forces Association's AFA Warfare Symposium here that the company plans to drop an update to the F-35′s Technology Refresh 3 software, which will enable new features. The TR-3 software update will bring the aircraft type closer to being able to fly in combat, he said. 'Our warfighters are going to see a much higher increase of stability in that software' once the update is in place, McIntosh said. TR-3 is a series of upgrades to the F-35′s computer memory, processing power, and displays, which are intended to make the jet more capable and pave the way for a subsequent series of more substantial improvements known as Block 4. McIntosh said in a briefing with reporters Monday that Block 4 will bring the F-35 improved sensors, better sensor fusion, and an expanded array of weapons the fighter can carry. In an interview with Defense News after the briefing, McIntosh declined to specify which Block 4 upgrades are on their way later this year, saying the details are secret. 'There are some things coming that the warfighter is going to be excited to receive,' he said. A previous Block 4 capability that was dramatically accelerated in the F-35 was the adoption of the automatic ground collision avoidance system, or auto-GCAS. That life-saving technology automatically pulls a jet up if the pilot is unresponsive and the jet senses it is diving into the ground. Officials began installing the capability in 2019. TR-3′s rollout was snarled by lingering software and hardware problems that caused the government to refuse deliveries of dozens of new F-35s for about a year. The delivery halt was lifted in July 2024, after Lockheed Martin developed an interim version of the TR-3 software that would allow pilots to fly training missions, and then combat training. But the jets are still not able to fly in combat, and the government is withholding millions of dollars from Lockheed until the jets are certified to be combat capable. The F-35 Joint Program Office said earlier this year that it hopes the TR-3 jets will be combat capable by the end of 2025, but Lockheed's chief financial officer said in a January earnings call that it might slip to early 2026. It remains unclear whether F-35s will reach full combat capability this year. McIntosh said it will be up to the military services and international partners flying the jets to decide whether they are ready for combat. He did not directly answer when asked whether Lockheed will be able to deliver all the elements needed for a combat-ready designation by the end of this year. Lockheed expects to deliver between 170 and 190 F-35s this year, as it works through the backlog from the TR-3 delays. That would be up from the roughly 110 it delivered in 2024. McIntosh told reporters Lockheed and the government expect to define the terms of the next F-35 contract, for Lot 18 of the jets, in the second quarter of 2025. Although that contract has not yet been definitized, he said, the company is keeping the rising costs of the jet under inflation. He highlighted the price of steel as one example of a material that goes into an F-35 that has seen significant inflation in recent years. When asked how the Trump administration's 25% tariffs on steel and aluminum might affect the F-35 program, McIntosh said Lockheed is monitoring their economic effects. He declined to speculate on how Lockheed might respond to tariff-driven increases in the supply chain, but said in the past the company has sought to find new ways to get cheaper materials, such as hunting for alternative vendors or adopting different buying techniques.
Trade Arabia
19-02-2025
- Business
- Trade Arabia
Mitsubishi Power completes gas turbine power station at Alba
Mitsubishi Power, a power solutions brand of Japanese group Mitsubishi Heavy Industries (MHI), today (February 19) announced the successful completion of the Power Station 5 Block 4 gas turbine combined cycle (GTCC) power plant at Aluminium Bahrain (Alba). This plant is powered by Mitsubishi Power's state-of-the-art, hydrogen-ready M701JAC gas turbine and steam turbine. The high-efficiency power plant was developed by a Mitsubishi Power consortium with SepcoIII to expand Alba's captive power generation capacity in line with its growth and sustainability objectives, and to help accelerate the sustainable economic development of Bahrain, said the Japanese group in a statement. With a combined cycle output of 680.9 MW, the Mitsubishi Power M701JAC gas turbine represents the first deployment of this advanced JAC technology in a Middle Eastern aluminium smelter, contributing to Alba's decarbonization goals while ensuring energy security for its operations. The announcement was made during a ceremony held at Alba's Power Station 5 site attended by high-level officials from Alba including the Chairman of the Board Khalid Al Rumaihi, Chief Executive Officer Ali Al Baqali, Chief Power Officer Amin Sultan, and Alba's Executive Management Team and a senior delegation from Mitsubishi Power led by Takashi Tozawa, Vice President, Energy Systems at MHI and Khalid Salem, President, Middle East and North Africa, Mitsubishi Power. Senior officials from SepcoIII were also present including its Vice President, Kong Lingfen. Mitsubishi Power was able to complete the contract a month ahead of schedule and this new milestone marks the successful execution of the project, reinforcing its track record in the delivery of high-efficiency and reliable power solutions for energy-intensive industries. On the project completion, Tozawa said: "We are honored to celebrate this landmark project which introduced Mitsubishi Power's state-of-the-art power generation technology to the Mena region and we are proud to mark the completion of this significant milestone for our partner Alba." "The successful start of commercial operation at the Power Station 5 Block 4 project with our world-leading, hydrogen-ready M701JAC Gas Turbine is a testament to our dedication to support our customers meet their energy goals as well as to decarbonizing heavy industry," he stated. "This milestone not only underscores our strong collaboration but also plays a pivotal role in advancing Bahrain's Economic Vision 2030 and building a sustainable energy future for the Kingdom," he added. Al Rumaihi said: "Power Station 5 Block 4 isn't just an expansion of our power capacity, it's a testament for Alba's vision for a sustainable future, and a powerful symbol of what is possible when innovation and partnership converge." "This Project, delivered ahead of schedule thanks to the dedication of our teams and partners like Mitsubishi Power and SepcoIII, propels us forward on our journey to a greener Bahrain, demonstrating that industrial growth and environmental stewardship can go hand in hand," he added. As part of the agreement, Mitsubishi Power will continue supporting Alba through a Long-Term Service Agreement (LTSA), ensuring high availability, reliability, and performance of the gas turbine.
Zawya
19-02-2025
- Business
- Zawya
Mitsubishi Power completes GTCC power station at Bahrain's Alba plant
Mitsubishi Power, a power solutions brand of Japanese group Mitsubishi Heavy Industries (MHI), today (February 19) announced the successful completion of the Power Station 5 Block 4 gas turbine combined cycle (GTCC) power plant at Aluminium Bahrain (Alba). This plant is powered by Mitsubishi Power's state-of-the-art, hydrogen-ready M701JAC gas turbine and steam turbine. The high-efficiency power plant was developed by a Mitsubishi Power consortium with SepcoIII to expand Alba's captive power generation capacity in line with its growth and sustainability objectives, and to help accelerate the sustainable economic development of Bahrain, said the Japanese group in a statement. With a combined cycle output of 680.9 MW, the Mitsubishi Power M701JAC gas turbine represents the first deployment of this advanced JAC technology in a Middle Eastern aluminium smelter, contributing to Alba's decarbonization goals while ensuring energy security for its operations. The announcement was made during a ceremony held at Alba's Power Station 5 site attended by high-level officials from Alba including the Chairman of the Board Khalid Al Rumaihi, Chief Executive Officer Ali Al Baqali, Chief Power Officer Amin Sultan, and Alba's Executive Management Team and a senior delegation from Mitsubishi Power led by Takashi Tozawa, Vice President, Energy Systems at MHI and Khalid Salem, President, Middle East and North Africa, Mitsubishi Power. Senior officials from SepcoIII were also present including its Vice President, Kong Lingfen. Mitsubishi Power was able to complete the contract a month ahead of schedule and this new milestone marks the successful execution of the project, reinforcing its track record in the delivery of high-efficiency and reliable power solutions for energy-intensive industries. On the project completion, Tozawa said: "We are honored to celebrate this landmark project which introduced Mitsubishi Power's state-of-the-art power generation technology to the Mena region and we are proud to mark the completion of this significant milestone for our partner Alba." "The successful start of commercial operation at the Power Station 5 Block 4 project with our world-leading, hydrogen-ready M701JAC Gas Turbine is a testament to our dedication to support our customers meet their energy goals as well as to decarbonizing heavy industry," he stated. "This milestone not only underscores our strong collaboration but also plays a pivotal role in advancing Bahrain's Economic Vision 2030 and building a sustainable energy future for the Kingdom," he added. Al Rumaihi said: "Power Station 5 Block 4 isn't just an expansion of our power capacity, it's a testament for Alba's vision for a sustainable future, and a powerful symbol of what is possible when innovation and partnership converge." "This Project, delivered ahead of schedule thanks to the dedication of our teams and partners like Mitsubishi Power and SepcoIII, propels us forward on our journey to a greener Bahrain, demonstrating that industrial growth and environmental stewardship can go hand in hand," he added. As part of the agreement, Mitsubishi Power will continue supporting Alba through a Long-Term Service Agreement (LTSA), ensuring high availability, reliability, and performance of the gas turbine. This ensures that Alba can maintain uninterrupted and efficient power generation, critical for sustaining its aluminium production and supporting Bahrain's industrial growth. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Zawya
19-02-2025
- Business
- Zawya
Mitsubishi Power advances Bahrain's industrial growth with completion of Alba's Power Station 5 Block 4 combined cycle power plant project
Mitsubishi Power providing long-term maintenance services for the project to ensure stable supply of reliable electricity at Alba smelter MANAMA, Bahrain – Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), today announced the successful completion of the Power Station 5 Block 4 gas turbine combined cycle (GTCC) power plant at Aluminium Bahrain B.S.C. (Alba). This plant is powered by Mitsubishi Power's state-of-the-art, hydrogen-ready M701JAC gas turbine and steam turbine. The high-efficiency power plant was developed by a Mitsubishi Power consortium with SEPCOIII to expand Alba's captive power generation capacity in line with its growth and sustainability objectives, and to help accelerate the sustainable economic development of Bahrain. With a combined cycle output of 680.9 MW, the Mitsubishi Power M701JAC gas turbine represents the first deployment of this advanced JAC technology in a Middle Eastern aluminium smelter, contributing to Alba's decarbonization goals while ensuring energy security for its operations. Mitsubishi Power was able to complete the contract a month ahead of schedule and this new milestone marks the successful execution of the project, reinforcing Mitsubishi Power's track record in the delivery of high-efficiency and reliable power solutions for energy-intensive industries. The announcement was made during a ceremony held at Alba's Power Station 5 site attended by high-level officials from Alba including the Chairman of the Board Khalid Al Rumaihi, Chief Executive Officer Ali Al Baqali, Chief Power Officer Amin Sultan, and Alba's Executive Management Team and a senior delegation from Mitsubishi Power led by Mr. Takashi Tozawa, Vice President, Energy Systems at MHI and Mr. Khalid Salem, President, Middle East and North Africa, Mitsubishi Power. Senior officials from SEPCOIII were also present including SEPCOIII's Vice President, Kong Lingfen. Mr. Takashi Tozawa, Vice President, Energy Systems at MHI commented: 'We are honored to celebrate this landmark project which introduced Mitsubishi Power's state-of-the-art power generation technology to the MENA region and we are proud to mark the completion of this significant milestone for our partner Alba. The successful start of commercial operation at the Power Station 5 Block 4 project with our world-leading, hydrogen-ready M701JAC Gas Turbine is a testament to our dedication to support our customers meet their energy goals as well as to decarbonizing heavy industry. This milestone not only underscores our strong collaboration but also plays a pivotal role in advancing Bahrain's Economic Vision 2030 and building a sustainable energy future for the Kingdom.' Mr. Khalid Al Rumaihi, Chairman of Alba's Board of Directors added: 'Power Station 5 Block 4 isn't just an expansion of our power capacity, it's a testament for Alba's vision for a sustainable future, and a powerful symbol of what is possible when innovation and partnership converge. This Project, delivered ahead of schedule thanks to the dedication of our teams and partners like Mitsubishi Power and SEPCOIII, propels us forward on our journey to a greener Bahrain, demonstrating that industrial growth and environmental stewardship can go hand in hand.' As part of the agreement, Mitsubishi Power will continue supporting Alba through a Long-Term Service Agreement (LTSA), ensuring high availability, reliability, and performance of the gas turbine. This ensures that Alba can maintain uninterrupted and efficient power generation, critical for sustaining its aluminium production and supporting Bahrain's industrial growth. Mitsubishi Power is committed to advancing energy solutions for utility and industrial application aligned with decarbonization and economic sustainability goals. Through its innovative gas turbine technologies and digital analytics solutions, Mitsubishi Power supports energy-intensive industries across the MENA region in achieving greater efficiency, resilience, and carbon reduction. About Mitsubishi Power Mitsubishi Power is a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI). Across more than 30 countries worldwide, Mitsubishi Power designs, manufactures and maintains equipment and systems that drive decarbonization and ensure delivery of reliable power around the world. Among its solutions are a wide range of gas turbines including hydrogen and ammonia-fueled gas turbines, and air quality control system (AQCS). Committed to providing exemplary service and working with customers to imagine the future of energy, Mitsubishi Power is also spearheading the development of the digital power plant through its suite of AI-enabled TOMONI® solutions. For more information, please visit
