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Jaarverslag 2014

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Construction contract of the industrial facilities advanced<br />

to the selection of a preferred contractor. The works for<br />

site preparation for the industrial facilities were awarded;<br />

the <strong>2014</strong> year-end progress is approximately 22%.<br />

Uncertainty of the engagement of an agriculture partner<br />

and budget adjustments due to lower oil prices, this<br />

project has been put on hold as of December <strong>2014</strong>.<br />

Solar energy pilot project<br />

In <strong>2014</strong> a 30 kW grid connected Photovoltaic (PV) Solar<br />

Energy System, without backup battery, was built on the<br />

premises of the head office at Flora.<br />

The objective of the Staatsolie Solar Energy demonstration<br />

project is to :<br />

• Gain more insight in the solar energy potential;<br />

• Gain knowledge and experience with respect to<br />

solar energy system design, construction, operation<br />

performance and integration with existing utilized<br />

power system;<br />

• Collect data to validate technical and economic<br />

feasibility for future large scale application.<br />

As of March 2015 the system will be operational.<br />

Commissioning and start-up activities started in August<br />

<strong>2014</strong> and are progressing well. The team will be<br />

overseeing first production of Staatsolie diesel, Fuel oil<br />

and Bitumen in the first quarter 2015 and working on<br />

starting-up premium Diesel and Gasoline production in<br />

the second half of 2015.<br />

Business Development<br />

Sugarcane to ethanol<br />

The sugarcane to ethanol project in Wageningen was<br />

initiated with the aim to produce 40 million liters of<br />

fuel ethanol, 42,500 metric tons of raw sugar per year<br />

and 14 MW of green electricity for the Nickerie grid.<br />

In <strong>2014</strong>, land development activities for a 300 hectares<br />

sugarcane nursery continued while the works for an<br />

initial 150 ha production acreage were awarded and<br />

started. The tender for the Engineering, Procurement &<br />

BiosolarCells/AlgaeParc<br />

Staatsolie continued the partnership with the<br />

BiosolarCells/AlgaeParc Consortium in the Netherlands<br />

in <strong>2014</strong>. The goal of this project was to bridge the gap<br />

between fundamental research on algae and full scale<br />

commercial bio fuels, protein and chemicals production.<br />

In <strong>2014</strong>, progress was made in optimizing productivity<br />

of open and closed outdoor bioreactors, leading to<br />

lower production costs and higher yields. A business<br />

case was developed for large scale deployment, which<br />

will enable the industrial partners to make feasibility<br />

studies. Even with this exciting progress, commercial<br />

fuel production from Algae is still years away and needs<br />

further optimizations to be viable.<br />

Corporate Services<br />

Health, Safety, Environment and Quality<br />

The Health and Safety department focused on<br />

improvement of safety awareness and safety behavior of<br />

both Staatsolie and contractor personnel, with the slogan:<br />

“Safety is everyone’s responsibility”. Several Health,<br />

Safety, Environment and Quality (HSEQ) training courses<br />

were executed in <strong>2014</strong> to contribute to improved results.<br />

To support HSEQ alertness two HSEQ-days were held<br />

spread over <strong>2014</strong>, instead of one HSEQ-week. Staatsolie<br />

incurred twelve lost time incidents in <strong>2014</strong> compared<br />

www.staatsolie.com<br />

15

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