Zurich, Switzerland, Feb.7, 2012 – ABB, the leading power and automation technology group, has won a major order from Hydro One Networks Inc., the power transmission and distribution utility of the Canadian province of Ontario, to supply an indoor gas-insulated switchgear substation, an outdoor switchyard with air-insulated switchgear and associated transmission infrastructure. The order was booked in the fourth quarter of 2011.

The new substations will replace an existing installation built in the 1950’s and serve Canada’s largest city Toronto. They will connect the existing Portlands Energy Center generation station and enhance grid reliability.

“The new substations will enable the integration of diverse power generation sources and boost power supply to the region,” said Oleg Aleinikov, head of ABB's substations business, a part of the company’s Power Systems division.

Chiyoda Corporation, JGC Corporation, and KBR jointly announced that INPEX Corporation and Total S.A., joint venture of Ichthys LNG project Australia, has approved award of the EPC Contract to the joint venture of formed by the JGC, KBR and Chiyoda for the construction of the downstream LNG facilities for the Ichthys LNG project Australia. The overall EPC Contract price for the project is expected to be US$ 15 Billion. The EPC Contract is the mix of Lump Sum Turn Key, Reimbursable and Remeasureable Contract scheme.

For further details on this project please click 'Ichthys LNG Project Approves JGC/KBR/Chiyoda Joint Venture for EPC Contract'

Siemens Industry Automation Division entered into an agreement to acquire Cambridge Water Technology, based in Cambridge, Massachusetts, USA, on January 24, 2012. With this acquisition, Siemens intends to strengthen its product portfolio with a leading-edge technology.

The acquisition of Cambridge Water Technology is an important building block to Siemens' strategy of pursuing leading-edge technologies with high customer value for municipal water and wastewater treatment as well as select industrial markets. Siemens works with a clear focus to provide cost-effective yet high-quality water treatment in both developed and developing countries by using innovative and standardized solutions.

The technologies developed and patented by Cambridge Water Technology increase the rate of solids removal and enhance the capacity and contaminant removal performance of water and wastewater treatment systems. Compared to conventional technologies, Cambridge Water Technology's proven market solutions require less than half of the footprint and increase the capacity of existing treatment systems by two to three times without adding any new tankage.

For further details please click 'Siemens Automation div broadens wastewater and water treatment portfolio'

ExxonMobil’s 2012 Outlook for Energy Sees Efficiency, Developing World Economic Growth and Natural Gas Reshaping Global Demand through 2040

• Demand to be about 30 percent higher in 2040 versus 2010 as population grows and global GDP doubles; demand in developing nations rises nearly 60 percent.

• Less-carbon-intensive fuels, particularly natural gas, gain market share, while coal peaks and begins a decline for the first time in modern history.

• Gas from shale and other unconventional rock formations will account for 30 percent of global gas production by 2040.

• Demand growth would be more than four times the projected 30 percent without expected gains in efficiency.

To further read on this topic please click 'ExxonMobil’s 2012 Outlook for Energy'