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21st Austria weekly - Andritz, OMV (14/01/2019)

20.01.2019

Andritz: International technology Group Andritz has received an order from Kabel Premium Pulp & Paper to supply a new ATMP (Advanced Thermo Mechanical Pulp) line to their mill in Hagen, Germany. The Andritz ATMP technology is a highly optimized process design with modular process steps that ensure enhanced fiber properties at reduced energy consumption. Start-up is scheduled for the final quarter of 2019. Andritz will refurbish second-hand machines that Kabel Premium bought from a former magazine paper production line in Germany.
Andritz: weekly performance: 2.95%

OMV: Austrian oil and gas company OMV has made a significant effort over the past year to get a better understanding of the shallow Wisting reservoir. Six wells have been drilled to date, yielding a huge amount of data. In addition, the Wisting team has successfully combined traditional seismic with Controlled Source Electro Magnetic (CSEM) in the technical studies for subsurface optimization. “Data from the latest appraisal well and the seismic data acquired have given us a better understanding of the area and the resources. We now see the increased potential of Wisting”, said Knut Mauseth, Senior Vice President OMV (Norge) AS. The current reference conecpt for the Wisting development is an FPSO with a subsea production system consisting of 19 producers and 15 water injectors. The dynamic and static reservoir models have been updated with a new water injection and gas management strategy. The recoverable resources in PL 537 reported to the Norwegian Petroleum Directorate for 2018 are estimated at around 440 million barrels of oil compared to 350 million barrels in 2017.
OMV: weekly performance: 6.65%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (14/01/2019)


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21st Austria weekly - Andritz, OMV (14/01/2019)


20.01.2019, 1771 Zeichen



Andritz: International technology Group Andritz has received an order from Kabel Premium Pulp & Paper to supply a new ATMP (Advanced Thermo Mechanical Pulp) line to their mill in Hagen, Germany. The Andritz ATMP technology is a highly optimized process design with modular process steps that ensure enhanced fiber properties at reduced energy consumption. Start-up is scheduled for the final quarter of 2019. Andritz will refurbish second-hand machines that Kabel Premium bought from a former magazine paper production line in Germany.
Andritz: weekly performance: 2.95%

OMV: Austrian oil and gas company OMV has made a significant effort over the past year to get a better understanding of the shallow Wisting reservoir. Six wells have been drilled to date, yielding a huge amount of data. In addition, the Wisting team has successfully combined traditional seismic with Controlled Source Electro Magnetic (CSEM) in the technical studies for subsurface optimization. “Data from the latest appraisal well and the seismic data acquired have given us a better understanding of the area and the resources. We now see the increased potential of Wisting”, said Knut Mauseth, Senior Vice President OMV (Norge) AS. The current reference conecpt for the Wisting development is an FPSO with a subsea production system consisting of 19 producers and 15 water injectors. The dynamic and static reservoir models have been updated with a new water injection and gas management strategy. The recoverable resources in PL 537 reported to the Norwegian Petroleum Directorate for 2018 are estimated at around 440 million barrels of oil compared to 350 million barrels in 2017.
OMV: weekly performance: 6.65%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (14/01/2019)



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