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Mannvit Engineering
Mannvit Engineering is an engineering firm in Iceland. Mannvit offers engineering, consulting, management, operational and EPCM services to projects all over the world. Mannvit core activities include: geothermal and hydroelectric power development, geothermal district heating, infrastructure and transportation, buildings, renewable energy and climate, environmental consulting, power transmission, industry, IT and telecommunications. Company headquarters are in Kópavogur, Iceland. History Founded in 2008, Mannvit is the result of the merger of three long-established engineering companies that were all founded in the 1960s: Hönnun hf., VGK hf. and Rafhönnun hf. The word 'Mannvit' is an ancient Nordic word, from the Icelandic Sagas meaning Wisdom (literally man-wits). Management The management team includes a CEO, two Section Managers, CFO and Human Resource Manager. This team is the head of the organizational structure which includes all engineering sectors both domestic and ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Icelandic Sagas
The sagas of Icelanders ( is, Íslendingasögur, ), also known as family sagas, are one genre of Icelandic sagas. They are prose narratives mostly based on historical events that mostly took place in Iceland in the ninth, tenth, and early eleventh centuries, during the so-called Saga Age. They were written in Old Icelandic, a western dialect of Old Norse. They are the best-known specimens of Icelandic literature. They are focused on history, especially genealogical and family history. They reflect the struggle and conflict that arose within the societies of the early generations of Icelandic settlers. The Icelandic sagas are valuable and unique historical sources about medieval Scandinavian societies and kingdoms, in particular in regards to pre-Christian religion and culture. Eventually many of these Icelandic sagas were recorded, mostly in the 13th and 14th centuries. The 'authors', or rather recorders of these sagas are largely unknown. One saga, ''Egil's Saga'', is beli ...
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Construction And Civil Engineering Companies Established In 2008
Construction is a general term meaning the art and science to form objects, systems, or organizations,"Construction" def. 1.a. 1.b. and 1.c. ''Oxford English Dictionary'' Second Edition on CD-ROM (v. 4.0) Oxford University Press 2009 and comes from Latin ''constructio'' (from ''com-'' "together" and ''struere'' "to pile up") and Old French ''construction''. To construct is the verb: the act of building, and the noun is construction: how something is built, the nature of its structure. In its most widely used context, construction covers the processes involved in delivering buildings, infrastructure, industrial facilities and associated activities through to the end of their life. It typically starts with planning, financing, and design, and continues until the asset is built and ready for use; construction also covers repairs and maintenance work, any works to expand, extend and improve the asset, and its eventual demolition, dismantling or decommissioning. The constructi ...
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Engineering Companies Of Iceland
Engineering is the use of scientific principles to design and build machines, structures, and other items, including bridges, tunnels, roads, vehicles, and buildings. The discipline of engineering encompasses a broad range of more specialized fields of engineering, each with a more specific emphasis on particular areas of applied mathematics, applied science, and types of application. See glossary of engineering. The term ''engineering'' is derived from the Latin ''ingenium'', meaning "cleverness" and ''ingeniare'', meaning "to contrive, devise". Definition The American Engineers' Council for Professional Development (ECPD, the predecessor of ABET) has defined "engineering" as: The creative application of scientific principles to design or develop structures, machines, apparatus, or manufacturing processes, or works utilizing them singly or in combination; or to construct or operate the same with full cognizance of their design; or to forecast their behavior under specif ...
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Technip
Technip S.A. was a company that carried out project management, engineering and construction for the energy industry; in 2017 it completed a merger with FMC Technologies to form TechnipFMC. Its headquarters were in the 16th arrondissement of Paris. It has about 38,000 employees and operates in 48 countries. Overview Technip is primarily in the energy business and is active in three business segments, namely Subsea, Offshore & Onshore. It has around 38,000 employees and operates in 48 countries. It owns a fleet of 21 vessels in operation with 6 more under construction. As of the end of 2014, while the operating income of Technip Group from recurring activities stood at ~ Euros 825 million, the total revenues stood at more than Euros 10.7 billion.Technip full Year 2014 ...
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Vatnsfell Power Station
Vatnsfell () is an Icelandic hydroelectric power station situated in the Highlands of Iceland, at the south end of lake Þórisvatn, just before the Sprengisandur highland road. The power station went online in 2001. It is run by Landsvirkjun Landsvirkjun, () the National Power Company of Iceland, is Iceland's largest electricity generator. Landsvirkjun operates 18 power plants in Iceland concentrated on five main areas of operation. History Landsvirkjun was founded on 1 July 1965 b ... and generates electricity during the peak demand winter months. The installed capacity is 90 MW, and the head is . Lead engineering services were provided by Mannvit Engineering. References External links * {{official website, http://www.landsvirkjun.com/ Hydroelectric power stations in Iceland ...
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Kárahnjúkar Hydropower Plant
Kárahnjúkar Hydropower Plant ( is, Kárahnjúkavirkjun ), officially called Fljótsdalur Power Station ( is, Fljótsdalsstöð ) is a hydroelectric power plant in Fljótsdalshérað municipality in eastern Iceland, designed to produce annually for Alcoa's Fjarðaál aluminum smelter to the east in Reyðarfjörður. With the installed capacity of , the plant is the largest power plant in Iceland. The project, named after the nearby Kárahnjúkar mountains, involves damming the rivers Jökulsá á Dal and Jökulsá í Fljótsdal with five dams, creating three reservoirs. Water from the reservoirs is diverted through of underground water tunnels and down a vertical penstock towards a single underground power station. The smelter became fully operational in 2008 and the hydropower project was completed in 2009. The Kárahnjúkar Dam ( is, Kárahnjúkastífla ) is the centrepiece of the five dams and the largest of its type in Europe, standing tall with a length of and com ...
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Cogeneration
Cogeneration or combined heat and power (CHP) is the use of a heat engine or power station to generate electricity and useful heat at the same time. Cogeneration is a more efficient use of fuel or heat, because otherwise- wasted heat from electricity generation is put to some productive use. Combined heat and power (CHP) plants recover otherwise wasted thermal energy for heating. This is also called combined heat and power district heating. Small CHP plants are an example of decentralized energy. By-product heat at moderate temperatures (100–180 °C, 212–356 °F) can also be used in absorption refrigerators for cooling. The supply of high-temperature heat first drives a gas or steam turbine-powered generator. The resulting low-temperature waste heat is then used for water or space heating. At smaller scales (typically below 1 MW), a gas engine or diesel engine may be used. Cogeneration is also common with geothermal power plants as they often produce relatively lo ...
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Carbon Recycling International
Carbon Recycling International (CRI) is an Icelandic limited liability company which has developed a technology designed to produce renewable methanol from carbon dioxide and hydrogen, using water electrolysis or, alternatively, hydrogen captured from industrial waste gases. The technology is trademarked by CRI as Emissions-to-Liquids (ETL) and the renewable methanol produced by CRI is trademarked as Vulcanol. In 2011 CRI became the first company to produce and sell liquid renewable transport fuel produced using only carbon dioxide, water and electricity from renewable sources. History CRI, incorporated in 2006, was founded by Fridrik Jonsson, Art Shulenberger, Oddur Ingolfsson, and KC Tran. In addition to Icelandic individuals and funds, investors include Canadian multinational methanol supplier and distributor Methanex and Chinese multinational automotive manufacturing company Geely. CRI's first commercial scale plant, the George Olah Plant (named after George Andrew Olah, the ...
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Power Transmission
Power transmission is the movement of energy from its place of generation to a location where it is applied to perform useful work. Power is defined formally as units of energy per unit time. In SI units: :\text = \frac = \frac Since the development of technology, transmission and storage systems have been of immense interest to technologists and technology users. Electrical power With the widespread establishment of electrical grids, power transmission is usually associated most with electric power transmission. Alternating current is normally preferred as its voltage may be easily stepped up by a transformer in order to minimize resistive loss in the conductors used to transmit power over great distances; another set of transformers is required to step it back down to safer or more usable voltage levels at destination. Power transmission is usually performed with overhead lines as this is the most economical way to do so. Underground transmission by high-voltage c ...
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Iceland
Iceland ( is, Ísland; ) is a Nordic island country in the North Atlantic Ocean and in the Arctic Ocean. Iceland is the most sparsely populated country in Europe. Iceland's capital and largest city is Reykjavík, which (along with its surrounding areas) is home to over 65% of the population. Iceland is the biggest part of the Mid-Atlantic Ridge that rises above sea level, and its central volcanic plateau is erupting almost constantly. The interior consists of a plateau characterised by sand and lava fields, mountains, and glaciers, and many glacial rivers flow to the sea through the lowlands. Iceland is warmed by the Gulf Stream and has a temperate climate, despite a high latitude just outside the Arctic Circle. Its high latitude and marine influence keep summers chilly, and most of its islands have a polar climate. According to the ancient manuscript , the settlement of Iceland began in 874 AD when the Norwegian chieftain Ingólfr Arnarson became the first p ...
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Renewable Energy
Renewable energy is energy that is collected from renewable resources that are naturally replenished on a human timescale. It includes sources such as sunlight, wind, the movement of water, and geothermal heat. Although most renewable energy sources are sustainable, some are not. For example, some biomass sources are considered unsustainable at current rates of exploitation. Renewable energy often provides energy for electricity generation to a grid, air and water heating/cooling, and stand-alone power systems. Renewable energy technology projects are typically large-scale, but they are also suited to rural and remote areas and developing countries, where energy is often crucial in human development. Renewable energy is often deployed together with further electrification, which has several benefits: electricity can move heat or objects efficiently, and is clean at the point of consumption. In addition, electrification with renewable energy is more efficient and therefore ...
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