The Teesside Combined Cycle Power Plant is 860MW gas fired power project. It is planned in England, the UK. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2025 and is expected to enter into commercial operation in 2026. Buy the profile here.
Description
The project is being developed and currently owned by BP, Eni, Equinor, Occidental Petroleum and Shell Gas. The owners have 20% stake in the project respectively.
It is a Combined Cycle Gas Turbine (CCGT) power plant.
The project cost is expected to be around $1,016.004m.
The Gas fired project consists of 1 gas turbine.
Development status
The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2026.
For more details on Teesside Combined Cycle Power Plant, buy the profile here.
About BP
BP Plc (BP) is an integrated oil and gas company. Its upstream operations include exploration, development and production of oil and natural gas, field development and production; and midstream operations include transportation, and marketing and trading of natural gas, including liquefied natural gas (LNG), and natural gas liquids (NGLs). The company’s downstream operations include marketing, transportation, refining, manufacturing, supply and trading of crude oil, petroleum, petrochemical products and provision of related services to wholesale and retail customers. BP provides fuel, energy, lubricants and petrochemicals to customers. The company has operational presence in Africa, Asia, Europe, Australasia, North America, and South America. BP is headquartered in London, Greater London, the UK.
About Eni
Eni SpA (Eni) is an integrated oil and gas company that discovers, explores, develops, and produces crude oil, natural gas and condensates. The company is also involved in the supply, trading, and shipping of natural gas, LNG, electricity, and fuels. It has operations in Italy, Cyprus, the UK, Portugal, Algeria, Egypt, Gabon, Nigeria, Russia, Venezuela and other countries. Through its refineries, Eni processes crude oil and other oil-based feedstock to produce fuels, lubricants, and allied products. It commercializes these products through wholesalers and retail networks. The company has properties across Italy, Other European Union, Rest of Europe, Americas, Asia and Africa. Eni is headquartered in Rome, Lazio, Italy.
About Equinor
Equinor ASA (Equinor), formerly Statoil ASA, is an energy company. It explores for, develops and produces hydrocarbons. It operates refineries, processing plants, storage and terminals, and has interests in various oil and gas pipelines. The company markets, trades, and transports crude oil, condensate, natural gas, natural gas liquids, and refined products. It also has presence in solar farm, offshore wind, carbon capture and storage and hydrogen projects with focus on renewable energy and low carbon solutions. Equinor has leading operations on the Norwegian continental shelf. It has operations in Europe, North and South America, Africa and Asia-Pacific regions. Equinor is headquartered in Stavanger, Norway.
About Occidental Petroleum
Occidental Petroleum Corp (Occidental) is an oil and gas exploration and production company with integrated assets. It explores for, develops and produces oil, natural gas liquids (NGLs), natural gas and condensate. The company gathers, processes, transports, stores, purchases and markets oil, condensate, NGLs, natural gas, carbon dioxide (CO2) and power. Occidental also manufactures and markets basic chemicals and vinyls. The company operates through its major subsidiaries, Oxychem and Occidental Low Carbon Ventures, which are involved in the chemicals business and Midstream business, respectively. The company also trades around its assets, including transportation and storage capacity. In US, the company operates in has operations in Texas, New Mexico, Colorado, Wyoming and Utah. It has operations in the US, Middle East and Latin America. Occidental is headquartered in Houston, Texas, the US.
About Shell Gas
Shell Gas BV is a LNG (liquefied natural gas) supplier. The company owns 25.6% of the shares in Nigeria LNG Limited.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
