Worley awarded the EPCM contract by SABIC Plastic Energy Advanced Recycling BV (SPEAR)

Worley has been awarded the engineering, procurement and construction management (EPCM) contract by SABIC Plastic Energy Advanced Recycling BV (SPEAR) – a joint venture between SABIC and Plastic Energy – for a new advanced plastics recycling unit in Geleen, the Netherlands.

The unit will leverage Plastic Energy’s patented recycling technology to transform mixed and used plastic waste, otherwise destined for incineration or landfill, into recycled oils called TACOIL. The TACOIL will then be used by SABIC as an alternative feedstock to manufacture certified circular polymers as part of its TRUCIRCLETM portfolio of solutions.

The advanced recycling unit will enable SABIC to upscale the production of these circular polymers significantly. This will provide customers with greater access to more sustainable materials, which are recycled and repurposed in a way that can help protect our planet’s natural resources.

The EPCM contract will be executed by Worley’s offices in the UK and the Netherlands with support from its Global Integrated Delivery team in India. The term of the contract is two years.

“We are excited to build our relationship with SABIC and Plastic Energy as we move forward into a more productive world of recycled plastics,” said Bradley Andrews, President for UK, Norway, Central Asia and Eastern Europe at Worley. “This project will help transform the global use of plastics, move us closer to achieving a circular economy and support our strategic focus on delivering a more sustainable world.”

Source: www.worley.com

Lamprell awarded Saudi Aramco Engineering, Procurement, Construction and Installation contract

Lamprell, international service provider to the energy industry, is pleased to announce that it has been awarded an Engineering, Procurement, Construction and Installation (EPCI) contract* by Saudi Aramco as part of their Long-Term Agreement Programme (LTA) with Lamprell. This is the organisation’s second award under the LTA framework. Scheduled for completion in 2022, the scope of work includes the supply and installation of three drilling jackets and two new single well observation jackets/decks. Christopher McDonald, CEO, Lamprell, said: “We are very honoured to have been awarded a second contract by Saudi Aramco and look forward to delivering the project safely and on time. This is an excellent result for the business and has resulted from many months of dedication and rigour from our bid and proposals team. “This further serves to reinforce the evolution of our strategy across the oil & gas, renewables and digital sectors. With Saudi Arabia very much part of our oil & gas focus, this award represents a significant success for us.”

Source: www.lamprell.com

Veolia Water Technologies wins contract to engineer and supply the sludge line of a new wastewater treatment plant in Genoa, Italy

Veolia Water Technologies Italy has been awarded a contract to engineer, supply, start up and commission the sludge line for the Genoa Area Centrale wastewater treatment plant (WWTP)​​. The new facility will have the capacity to treat the wastewater from 250,000 population equivalent (PE) while the sludge line capacity will reach 500,000 PE. 

The new plant will replace the existing Cornigliano WWTP as well as the Volpara sludge plant, which had reached maximum capacity without the possibility to expand. With a total treatment capacity of 45,000 kg of total suspended solids per day, the sludge line at the new Genoa Area Centrale WWTP will also treat sludge from the Sestri Ponente, Punta Vagno and Darsena treatment plants. 

Sludge from the primary treatment is digested together with biological sludge from the membrane bioreactor of the new WWTP. It is then mixed with sludge from the other plants and hydrolysed through Veolia’s proprietary Bio Thelys™ process prior to final digestion. This process increases the performance of the digestion stages and significantly improves the production of valuable biogas, which will be reused for cogeneration and to produce steam needed for the thermal hydrolysis process. 

This design reduces the volume of sludge that is sent to final disposal, translating to significant savings in operation costs, while sanitizing it and rendering it safe for reuse in agricultural applications.

The start-up of this new facility is scheduled for the first half of 2023. Veolia’s contract scope also includes a 12-month supervision service contract.

The construction project was awarded by IREN, one of the largest and most dynamic multi-utility companies in Italy, to a company consortium led by Consorzio Integra. 

Source: www.veoliawatertechnologies.com

Maire Tecnimont Group expands its petrochemical business in India with a new USD 450 million contract by IOCL

Maire Tecnimont S.p.A. announces that a consortium composed of its subsidiaries Tecnimont S.p.A. and Mumbai-based Tecnimont Private Limited has been awarded an EPCC (Engineering, Procurement, Construction and Commissioning) Lump Sum contract by Indian Oil Corporation Limited (IOCL), for the implementation of a new Para-Xylene (PX) plant and the relevant offsites facilities. The plant will be located in Paradip, in the State of Odisha, in Eastern India.

The overall value of the contract is about USD 450 million. The scope of work entails Engineering, Procurement, Construction and Commissioning activities up to the Performance Guarantees Test Run. Once completed, the new PX plant will have a capacity of 800,000 tons per year. The time schedule is 33 months for Mechanical Completion from the award date. The PX produced will be used to feed the adjacent PTA (Purified Terephthalic Acid) unit, thus ensuring availability of world-class feedstock that will provide a significant boost to the Country’s manufacturing industry. 

PX is an intermediate building block for the petrochemical value chain, necessary for the synthesis of several polymers, particularly PET (polyethylene terephthalate, also known as polyester) which is used in numerous industrial applications in every day-life in the packaging, cosmetic and pharmaceutical industries, to mention some.  

Source: www.mairetecnimont.com

Eni strengthens its presence in the Emirate of Ras Al Khaimah through the award of Onshore Block 7

The block represents an underexplored acreage in a complex thrust belt geological setting, similar to that of the recent discovery of Mahani in the adjacent Sharjah Emirate.

Eni, through its subsidiary Eni RAK, has been awarded Block 7 located in the onshore of Ras Al Khaimah, United Arab Emirates. The Exploration and Production Sharing Agreement was signed between the Chairman of Eni RAK, Fuad Krekshi, and the Chief Executive of the Ras Al Khaimah Petroleum Authority, Nishant Dighe, in the presence of His Highness Sheikh Saud bin Saqr Al Qasimi, Member of the Supreme Council of the UAE and Ruler of Ras Al Khaimah.

Block 7 covers an area of 430 km2 onshore Ras Al Khaimah. Eni RAK will act as Operator of the Block with a 90% participating interest and Ras Al Khaimah’s National Oil Company RAK Gas as a partner with a 10% stake.

Block 7 represents an underexplored acreage in a complex thrust belt geological setting, similar to that of the recent discovery of Mahani in the adjacent Sharjah Emirate. The newly acquired 3D seismic will allow the joint venture to assess the geological setting of the area and eventually unlock its hydrocarbon potential. The presence of the existing gas processing facilities in the Emirate would also allow a rapid development of any discoveries.

Eni is already present in the Emirate of Ras Al Khaimah operating Offshore Block A where, after an initial geological and geophysical study period, preparations for drilling operations have started.

The acquisition of Block 7 represents another step in Eni’s positioning in the Middle East and in the UAE in particular, where Eni holds the largest exploration acreage among the IOCs present in the country with more than 26,000 km2 gross, comprising eight exploration blocks onshore and in shallow waters offshore across the Emirates of Abu Dhabi, Ras Al Khaimah and Sharjah.

Source: www.eni.com

NextChem awarded a contract by Total Corbion PLA to design a biopolymer plant in France

Maire Tecnimont S.p.A. announces that its subsidiary NextChem has been awarded a contract by Total Corbion PLAa 50/50 joint venture between Total and Corbion, to carry out a Front-End Engineering Design for their 100,000 tons per annum Poly Lactic Acid (PLA) plant in Grandpuits, France. 

The plant, due to be operational in 2024, will be the first of its kind in Europe. It would make Total Corbion PLA the global market leader in PLA, firmly positioned to cater for the rapidly growing demand for Luminy® PLA resins.

Maire Tecnimont Group’s heritage in polymerization of traditional plastics combined with NextChem’s portfolio of innovative solutions for green chemistry ensures the necessary know-how to manage this industrial initiative. 

Pierroberto Folgiero, Maire Tecnimont Group and NextChem Chief Executive Officer, commented:  “This award is a confirmation that our Group is a trusted and valued technological and engineering partner for large-scale, innovative and complex projects. We are proud to work with a Joint Venture of our long-time client Total to increase the availability of sustainable plastics in Europe.”

Thomas Philipon, CEO of Total Corbion PLA, is pleased to launch this next stage in the process: “Signing this contract with NextChem is an important milestone as it reinforces our commitment to the global bioplastic market as the first company to launch commercial scale Lactic Acid to PLA capability in Europe.  We are proud to enable our customers to propose sizeable solutions to the market and support the circular economy development.” 

Luminy® PLA resins are biobased and made from annually renewable resources, offering a reduced carbon footprint versus many traditional plastics. At the end of its useful life, PLA products can be mechanically or chemically recycled. The biodegradable and compostable functionalities of PLA make it the material of choice for a wide range of markets and applications including fresh fruit packaging, food service ware, durable consumer goods, toys and 3D printing.

Source: www.mairetecnimont.com

L&T Construction Awarded Contract to Design and Build one of the world’s largest Oil & Gas Supply Bases

The Buildings & Factories business of Larsen & Toubro Construction has secured a Significant contract from Oilfields Supply Company Saudi owned by the Dubai based Oilfields Supply Center Ltd. to design and build one of the World’s largest Oil & Gas Supply Bases at King Salman Energy Park, Dammam, Kingdom of Saudi Arabia.

The project involves constructing industrial facilities of different sizes, an administration building, ancillary buildings, associated infrastructure and storage yards along with Civil, Structural, MEP and Architectural works. The project is scheduled to be completed in 30 months.

“We thank our client, for reposing confidence in our capability to build a project of such size and scale,“ said Mr. M V Satish, Whole Time Director & Senior Executive Vice President (Buildings), L&T. Elaborating on its significance, he added “this project will act as a business incubator to support the oil and gas industry in the Kingdom and help accelerate industrial growth in the energy sector. It has strategic significance for L&T too, marking our future growth in such a potential-rich market like the Kingdom of Saudi Arabia.”

Source: corpwebstorage.blob.core.windows.net

SNC-Lavalin awarded $15 million USD contract for California Department of Transportation

SNC-Lavalin Group Inc. has been awarded a three-year contract with two one-year extensions to provide a Transportation Asset Management System (TAMS) for the California Department of Transportation (Caltrans). Under the contract, SNC-Lavalin’s Data Transfer Solutions (DTS) business will provide services which include implementing the TAMS solution, software licensing and maintenance, and optional post-implementation support.

“SNC-Lavalin recognizes the pace of technological change and the need to support client needs with robust digital solutions. We are at the forefront of this revolution and will continue to harness disruptive potential of data and digital innovation to help clients automate their worlds, reduce their workload and organize their data through customized technology,” said Ian L. Edwards, President and CEO of SNC-Lavalin.

Caltrans contracted the company in response to federal and state law mandates for transportation agencies to implement a transportation asset management plan.  DTS will provide an enterprise asset management software solution to highlight new business intelligence visualization for data as well as geographic information and organizational uses to make informed, performance and data driven decisions.

“We understand Caltrans’ need for a robust system that provides next-level tracking, reporting and transparency,” said Allen Ibaugh, President, SNC-Lavalin’s DTS business. “Providing a one-stop shop for visualization of state transportation assets, conditions, projects and performance metrics, we will deliver a cloud-based, integrated solution including VUEWorks®, the web-enabled integrated geographic information system for enterprise asset management. In addition, the Transportation Asset Management Decision Support tool (TAMSDT) will ensure Caltrans carries out its mission to provide a safe, and reliable transportation network that serves all the people and respects the environment.”

The new technology will serve as a centralized asset information repository with tools to improve transportation asset management, project nomination, project prioritization, scoping, funding and decision support.

Source: www.snclavalin.com

Maire Tecnimont Group signs MoU to develop biopolymer plant project in the Russian Federation

Maire Tecnimont S.p.A. announces that its subsidiaries NextChem and MET Development have signed a Memorandum of Understanding with MC TAIF JSC (TAIF) today to co-develop a new bio-degradable polymer plant in the Republic of Tatarstan (Russian Federation), using NextChem’s know-how and MET Development’s project development capabilities. 

TAIF is the largest industrial investment company in Tatarstan, engaged in Oil and Gas, Chemistry, Petrochemistry and Energy. Under the agreement, TAIF and Maire Tecnimont Group’s subsidiaries will jointly assess and evaluate the biopolymer plant opportunity in order to establish the fundamentals of the joint development collaboration between the Parties. NextChem will be selected to provide its expertise and know-how to carry out the FEED (Front End Engineering Design) and EPC activities for the realization of the biopolymer plant. Maire Tecnimont Group will bring technological solutions and the best know-how for project development and execution, relying on its portfolio of technologies as well as its strong capabilities as an end-to-end developer of large-scale complex projects.

Source: www.mairetecnimont.com

TechnipFMC Awarded a Significant Subsea Contract for Petrobras’ Marlim and Voador Fields

TechnipFMC announced that it has been awarded a significant subsea contract from Petrobras for the Marlim and Voador fields, located offshore Brazil.

TechnipFMC will supply up to eight manifolds for production and injection, utilizing the all-electric Robotic Valve Controller (RVC). The contract also includes associated tools, spares and services.

The RVC is a unique robotic technology that replaces traditional subsea hydraulics, as well as thousands of mechanical parts, while providing real-time data and analysis on system performance. This results in a manifold that is smaller, less complex and less costly with a significantly reduced carbon footprint. Moreover, the RVC’s software can be remotely upgraded and maintained subsea, increasing the overall reliability and availability of the subsea system.

Jonathan Landes, President Subsea at TechnipFMC, commented: “We are honored that Petrobras has selected us to support the ongoing development of the Marlim and Voador fields. We look forward to executing this project using our local capabilities in Brazil and contributing to another important development in the country.

“We are very excited to bring new technology and automation capabilities to this project through the use of the RVC to operate the manifolds. Our innovations in automation and electrification are helping our clients lower their operational expenditures and reduce the carbon intensity of their subsea projects.”

For TechnipFMC, a “significant” contract is between $75 million and $250 million.

Note: this inbound order was included in the Company’s first-quarter financial results.

Source: www.technipfmc.com

Abengoa is awarded new transmission works in the United Arab Emirates

The project, which will consist of the dismantling of several transmission lines, is valued at € 3.5 million.

Abengoa, the international company that applies innovative technology solutions for sustainability in the infrastructure, energy and water sectors, through its Transmission and Infrastructure vertical and specifically through its company Abengoa Inabensa, has been awarded a series of works for Transco, the company responsible for power transmission in the emirate of Abu Dhabi (Abu Dhabi Transmission & Despatch Company). The contract is valued at 3.5 million euros.

The company will be responsible for the dismantling of 25.6 km of 400 kV double circuit line and 40.6 km of 220 kV double circuit line for the establishment and modification of the existing Mahawe – Wathva line. These works are expected to last a total of 32 months.

This new award highlights once again the trust placed by Transco in Abengoa, since it is not the first contract awarded to the Spanish engineering company. In the past, the company has completed the transmission lines Al Fayah – Shamka, of 400/220 kV and 23 km, and Fuyairah-Dibba/Fuyairah-Tayween, of 132 kV and 75 km.

Furthermore, this new contract supports Abengoa’s track record in the Middle East, where the company has been present for more than 15 years, during which it has successfully completed other projects in the sector, such as the 132/33 kV Al Dreez substation in Oman, or the more recent 132/33kV Samad and Sinaw substations, and 60 km of associated 132 kV overhead transmission lines, also in Oman.

Source: www.abengoa.com

Worley secures first FEED contract with Anasuria Hibiscus UK in the North Sea

Worley has been awarded a contract to provide front end engineering and design (FEED) services to Anasuria Hibiscus UK Ltd (AHUK), an indirect, wholly owned subsidiary of Hibiscus Petroleum Berhad.

The contract is Worley’s first with AHUK in the North Sea and will see the delivery of a multiple-discipline FEED for the upgrade and repurposing of an existing floating production, storage and offloading (FPSO) to support Phase 1 of their Marigold development.

The Marigold development includes two oil bearing discoveries, the Marigold and the Sunflower, which lie in the P198 License covering Blocks 15/13a and 15/13b of the United Kingdom Continental Shelf, approximately 215 kilometers north-east of Aberdeen.

Phase 1 of AHUK’s development consists of three subsea production wells followed by a further drilling stage, Phase 2, in late 2022.

Worley commenced work in January and will continue to support the project throughout 2021. The contract is being led by Worley’s Aberdeen, UK operations with support from its Global Integrated Delivery team in Hyderabad, India.

The multi-discipline FEED will define the modifications recommended to accommodate the process fluids.

Worley’s digital toolkit, which provides more accurate estimates and deeper insights into project data will ensure the project meets both sustainability and UK legislative requirements.

Worley’s extensive suite of digital tools, which digitize pre-FEED deliverables, will reduce risk, expedite schedule and lower costs.

On the announcement of the contract win, Daniel McAteer, Vice President, Energy Aberdeen at Worley, said, “I am delighted that AHUK has given Worley the opportunity to provide FEED services for their North Sea, Marigold development. The opportunity to work with AHUK underlines our brownfield project delivery and technical capabilities within the complex FPSO market.”

McAteer continued, “This FEED will help enable AHUK’s ambitious growth strategy in the UK, while also aligning with our shared sustainability vison for the UK energy industry. The repurposing of an existing FPSO with modern, low-emissions technology will help support the UK’s current energy demands and while progressing toward Scotland’s 2045 net zero targets.”

Source: www.worley.com

Energy China Won a Bid for a 15MW Thermal Power Plant EPC Project in Palawan, Philippines

Energy China won a bid for a 15MW Thermal Power Plant EPC Project on Mar, 29. The project locates in Palawan, the Philippines, with the capability to utilize renewable fuel or biomass. We’re responsible for the construction of the circulating fluidized bed boiler and its supporting facilities.

This is the first thermal power plant in Palawan to use the most advanced circulating fluidized bed boiler. After completion, it will provide high-quality and cheap power for the locals.

Source: EnergyChina

NnG, Saipem and InfraStrata announce major contract for Harland & Wolff

Neart na Gaoithe (NnG) Offshore Wind Limited (jointly owned by EDF Renewables and ESB), its tier one service provider, Saipem, and InfraStrata, owner of Harland & Wolff, jointly announce that a contract has been signed for Harland & Wolff to carry out the fabrication and load-out of eight of the project’s wind turbine generator (WTG) foundation jackets.

With work starting from 1st July, 2021, Harland & Wolff will use its newly acquired Methil facilities in Fife for the fabrication work, creating around 290 direct and indirect Scottish jobs. Additional support may be provided as required by the company’s other facilities in Arnish, Appledore and Belfast with Saipem’s consent and should the need arise. 

The foundations, used to support and anchor NnG’s WTGs to the seabed, are being supplied and installed by Saipem, a global solution provider in the energy and infrastructure sectors. Saipem will also supply and install an additional two jackets for the offshore substations. 

NnG is committed to utilising the Scottish supply chain and this work on the project is a further boost to the offshore wind industry in Scotland, providing new green jobs and manufacturing opportunities. 

Offshore construction for NnG started in August last year with the installation of casings for the piles and preparing the seabed in advance of the arrival of the steel foundation jackets. 

Matthias Haag, NnG Project Director, said: “This is an important day, for the offshore wind sector in Scotland and for our project. When we announced our main contractors in 2019, we made clear our commitment to the Scottish supply chain and the role it has to play in the construction of NnG. That’s why this contract signing is such good news. We are pleased the contract has been awarded to Harland & Wolff with the bulk of the work taking place in Scotland. With the Port of Dundee supporting the project as NnG’s marine hub, the Port of Leith as the marshalling point for the pile casings and planning permission recently granted for an Operations and Maintenance Base at Eyemouth Harbour, Harland & Wolff joining our project is yet further evidence of our commitment to Scotland”.

Mauro Piasere, Head of Offshore New Energies in Saipem’s E&C Offshore Division, commented: “The Neart na Gaoithe Offshore Wind Farm is a key project for Saipem in an area of rising growth and potential such as the North Sea. The execution by InfraStrata stands to demonstrate the possibility for the North Sea fabrication industry to play a competitive role in the renewables market. Our vision is to create value in those countries where we operate and this collaboration with InfraStrata confirms this and allows us to contribute to the country’s system involving the local supply chain”.

John Wood, CEO of InfraStrata, commented: “We are delighted to have entered into this contract with Saipem. This contract paves the way for the execution and delivery of future fabrication contracts, a significant number of which are currently in advanced negotiations. The geographical proximity of our Methil facility to the North Sea makes it an ideal site for fabrication and load-out to wind farm projects such as this. More importantly, it validates our strategic vision of expanding the Group’s fabrication footprint into regions that are strategically located within close proximity to major wind farm projects. This will enable us to spread workstreams across our facilities to drive down costs, deliver against tight schedules and, crucially, align ourselves to the government’s goal of providing wind generated power to all homes in the UK by 2030. I am confident that this is only the beginning of a stream of projects in our pipeline that we expect come to fruition. We are hugely excited about the massive potential that this first contract has unlocked, and we look forward to working with Saipem to successfully deliver under it”

NnG will supply enough low carbon electricity for around 375,000 homes* and has a capacity of circa 450 megawatts (MW) of low carbon energy and will offset over 400,000 tonnes of CO2 emissions each year.

Source: www.saipem.com

L&T Construction Awarded Contracts for its Various Businesses

The construction arm of L&T has secured orders from prestigious clients for its various businesses.

Power Transmission and Distribution Business: The Power Transmission & Distribution business has won orders to design and construct two 132/11kV Substations in Dubai, UAE. The scope of these turnkey orders involves supply of advanced equipment including Gas Insulated Switchgear. While enhancing the capacity of the network to cater to the demand growth of the domestic, commercial, and industrial sectors, these substations will also ensure the highest standards of reliability, availability, and efficiency of power supply. Additional orders have been received for ongoing projects in India.

Building & Factories Business: The Factories Business of Buildings & Factories has secured another order from a leading cement manufacturer to construct a 3.5 MTPA brownfield cement plant in Nimbahera, Rajasthan. The scope includes civil, mechanical and equipment erection Works.

Transportation Infrastructure Business: The Railways Strategic Business Unit that resides within the Transportation Infrastructure business has won an order from the Central Organisation for Railway Electrification (CORE). This Engineering, Procurement & Construction (EPC), Package EPC-15A order involves 25 KV Overhead Electrification, Power Supply, Signaling & Telecommunication and associated works for 383.4 RKM/459 TKM of Railway Lines in the Northeast Frontier Railway. The project is part of “Mission Electrification” initiative of the Central Government aimed to electrify the entire Indian Railway Network to reduce the carbon footprint as well as reduce the expenditure on diesel. The business is already executing three major EPC contracts from CORE: EPC-01 (Delhi – Jaipur line), EPC-07 (Various sections of the Southern Railway) and EPC-06 (Various sections of the North Western Railway).

Source: corpwebstorage.blob.core.windows.net

Samsung Engineering wins major $653 million AGIC PDH & UTOS project in Saudi Arabia

The project will be located in Jubail Industrial City in the east of Saudi Arabia, 100 km north of Dammam. AGIC is a 100%-owned Advanced Petrochemical Company (APC) subsidiary

Samsung Engineering, one of the world’s leading engineering, procurement, construction and project management (EPC&PM) companies, announced today that it received yesterday a contract from Advanced Global Investment Company (AGIC) for a $653 million PDH (Propane Dehydration) & UTOS (Utilities & Offsites) project in Saudi Arabia. The project will be located in Jubail Industrial City in the east of Saudi Arabia, 100 km north of Dammam. AGIC is a 100%-owned Advanced Petrochemical Company (APC) subsidiary.

The contract ceremony was held in a non-face-to-face manner through an online video conference between South Korea and Saudi Arabia. Khalifa Abdullatif Al Mulhem, Chairman of APC and Sungan Choi, President and CEO of Samsung Engineering attended the contract ceremony.

The PDH plant will be able to produce 843,000 tonnes/year of propylene and Samsung Engineering will construct the UTOS work related to the PDH plant. The PDH plant and the UTOS work are expected to be completed in 2024.

Samsung Engineering wants to continue the trend of recent orders in Saudi Arabia and further improve their market position with this project. Samsung Engineering won lately the Aramco HUGRS Project in 2019 and the SABIC JUPC EO/EG in 2018.

Sungan Choi, President and CEO of Samsung Engineering said, “Early engagement starting from FEED of this project as well as the persistence to improve our market situation in Saudi Arabia lead to this contract award. We are delighted that the client trust us with this PDH and U&O plant and we are confident that we can provide a state of the art plant with our product expertise, familiarity of the Saudi Arabian market as well as with implementations in innovative solutions aligned with digital transformation.”

Source: https://bit.ly/3gdJ73w

McDermott’s CB&I Storage Solutions Awarded LNG Storage Contract for Philippines’ First LNG Import Terminal

McDermott International, Ltd today announced that its CB&I Storage Solutions business has been awarded a contract by Atlantic Gulf and Pacific Company of Manila Inc. (AG&P) for the engineering, procurement and construction of a liquefied natural gas (LNG) storage tank for AG&P’s Philippines LNG import and regasification terminal, currently under construction in Batangas, Philippines.

We are confident we made the right choice to work in close cooperation with CB&I Storage Solutions on this technically advanced and challenging project,” said Roeland Uytdewilligen, Project Director of AG&P.

CB&I Storage Solutions will provide the first of two 60,000 cubic meter full containment steel LNG tanks along with geotechnical investigation, soil improvement, foundation and topside platform structure, pre-commissioning, purging and commissioning activities.

“We are proud to support AG&P in the delivery of the Philippines’ first LNG import terminal. The design of this first-of-a-kind full containment steel LNG tank highlights our innovation and technology leadership in the LNG storage industry and positions CB&I Storage Solutions to serve the growing small-scale LNG market in Asia and other regions with similar demands,” said Cesar Canals, Senior Vice President of CB&I Storage Solutions. “We have an extensive history of executing world-class projects in the Philippines and are confident in our ability to deliver this tank safely, on time and within budget.” 

Mechanical completion is slated for the third quarter of 2023 with purging and commissioning activities to follow. 

Source: www.mcdermott-investors.com

Tecnimont awarded USD 500 million petrochemical contract by Advanced Global Investment Company in Saudi Arabia

Maire Tecnimont S.p.A. announces that its subsidiaries Tecnimont S.p.A. and Tecnimont Arabia Limited have been awarded by Advanced Global Investment Company (AGIC) a package of the Integrated PDH-PP complex project, relating to the realization of two Polypropylene Units on an Engineering Procurement and Construction Lump Sum Turn-Key basis

The total contract value is approximately USD 500 million. The project scope of work entails complete engineering services, equipment and out of kingdom material supply (to be performed by Tecnimont) and in kingdom material supply, erection and construction activities up to start up and guarantee test run (to be performed by Tecnimont Arabia Limited). The project completion is expected by the second quarter of 2024.

The two Polypropylene Units will have a capacity of 400,000 tons per year each and will be located inside the Integrated PDH-PP (propane dehydrogenation – polypropylene) complex in Jubail Industrial City II, in the Kingdom of Saudi Arabia.

AGIC is a wholly owned subsidiary of Advanced Petrochemical Company, a Saudi joint stock company established in 2005 and listed on the Saudi Stock Market since 2006. It manufactures polypropylene products for a range of industries including automotive, consumer product, healthcare, packaging, and textile. 

Pierroberto Folgiero, Maire Tecnimont Group Chief Executive Officer, commented: “We are really enthusiastic to start a new valuable relationship with such a prominent client in one of our historical and most strategic markets in the petrochemicals sector. This achievement provides further evidence of Maire Tecnimont Group’s global leadership in polyolefins, its technology-driven approach and distinctive competencies in managing large complex projects. Moreover, this important result represents another significant milestone of our Gas Monetization strategy, enabling us to be geared up for Saudi Arabia’s large wave of investments in downstream.”

Maire Tecnimont S.p.A., listed on the Milan Stock Exchange, heads an industrial group which leads the global natural resource processing industry (downstream oil & gas plant engineering, with technological and executive expertise). Its subsidiary NextChem operates in the field of green chemicals and technologies in support of the energy transition. The Maire Tecnimont Group operates in 45 countries, through 50 companies and about 9,000 people.

Source: www.mairetecnimont.com

Hyundai Engineering & Construction Co., Ltd. secures Singapore SP Group’s Labrador Underground Substation Project worth 150 Mil. USD

HDEC is securing projects not only in the domestic market, but also, in overseas market securing the Labrador Underground Substation project in Singapore worth approximately 150 Mil. USD.

HDEC received a LOA (Letter of Award) from its client, Singapore’s SP Group, on March 23 (Tuesday). SP Group is Singapore’s largest electric and gas distributor, and is the same company that signed an agreement with Hyundai Motor Group to create an Electricity Ecosystem end of last year.

The project consists of ERSS and Piling Works of the future 34 storey Office Tower and the construction of the Underground Substation along with the Operation Support Centre. The project is located in Pasir Panjang, southwest region of Singapore. Site Area is 23,375m² and the GFA is 54,457m². The construction period is 33 months from commencement.

The project is worth around 150 Mil. USD (170 Bil. KRW) and is in connection with HDEC’s current project on the same site constructing the Foundation and ERSS of the mentioned 230kV Underground Substation.

Source: en.hdec.kr

Saipem has received from Qatargas an extension of the North FieldProduction Sustainability Offshore Project, worth approximately 350million USD

The extension comprises the diversion from a trunkline and preliminary works associated to a future additional Compression Project.

Saipem has received by Qatargas the confirmation of the exercise of two options for additional scope of work within the North Field Production Sustainability Offshore Project (“EPCO” package), the award of which was communicated on February 22nd, 2021.

The additional scope of work of the two options is worth approximately 350 million USD and is related to rerouting of the hydrocarbons from existing wellhead platform through the new facilities, due to existing pipeline being decommissioned.

The activities to be carried out comprise the construction of two additional riser platforms, two additional connecting bridges with existing wellhead platforms, two corrosion resistant carbon steel cladded intra-field pipelines with a length of 13 km overall and decommissioning of existing pipeline.

Works associated with the exercise of the options will be fully integrated with the project activities of two contract awards announced earlier this year, the North Field Production Sustainability Offshore and the North Field Production Sustainability Pipeline, which are both part of the strategic development of the North Field production plateau.

This commercial achievement is a further proof of trust on Saipem by its key client, Qatargas. Saipem is already working actively on project engineering and site preparation activities and it’s looking forward to progress further, by leveraging its competences, assets and technology.

Saipem is a leading company in engineering, drilling and construction of major projects in the energy and infrastructure sectors. It is “One-Company” organized in five business divisions (Offshore E&C, Onshore E&C, Offshore Drilling, Onshore Drilling and XSIGHT, dedicated to conceptual design). Saipem is a global solution provider with distinctive skills and competences and high-tech assets, which it uses to identify solutions aimed at satisfying customer requirements. Listed on the Milan Stock Exchange, it is present in over 60 countries worldwide and has 32 thousand employees of 130 different nationalities.

Source: www.saipem.com

Penspen Signs Second Contract with Galfar Emirates

Technical expertise recognised with four-year agreement for 51 wells in Abu Dhabi

We have secured a four-year contract from leading engineering, procurement and construction (EPC) organisation, Galfar Engineering & Contracting Emirates. This is Penspen’s second award from Galfar in recent months. 

Having built a significant track record in onshore pipeline engineering, Penspen has been chosen to provide the procurement and construction of flowlines and wellhead installations for 51 wells in ADNOC Onshore’s oilfields at Shah, Qusahwira and Mender in Abu Dhabi, UAE.  

The scope of the project is to increase the crude oil production from the subject fields whilst ensuring timely delivery of multiple type of wells in task order. The exercise will see Penspen, with its extensive experience from similar projects, cover the design and detailed engineering of different types of wells, including gas lift, water alternating gas (WAG), electrical submersible pump (ESP), water injection and water disposal wells.  Additionally, Penspen will support Galfar with project delivery to ensure that time, quality and budget is met by June 2025. 

Mohamed Elwakeel, Penspen’s Regional Sales and Marketing Director for the Middle East, Africa and Asia Pacific Regions, said: “The latest contract award is another endorsement of the long track record Penspen has had in the Middle East. This year marks 60 years since our first office opened in the Middle East, and we are delighted to be continuing to work with key local partners such as Galfar Emirates and ADNOC Onshore.  

“It is through relationships like these that the Penspen name has become synonymous with offering skilled solutions to client dilemmas, regardless of where the work is in the world. The differentiator for Penspen is the technical and operational quality of service we deliver to clients, and the range of work required across 51 wells will suit our experienced teams.  

“We look forward to working with Galfar and ADNOC on this project, as well as others in the future.” 

 Penspen has been providing engineering, project management, asset management and integrity services to the oil and gas industry worldwide for more than 65 years since being founded as Spencer & Partners in 1954. Since then, the company has undertaken more than 10,000 projects, and has grown to include over 1,000 engineers, with major offices in key global locations.  

The announcement of the Abu Dhabi contract comes just days after it was revealed that Penspen had secured a 10-month engineering contract from Petrozim Line Ltd to deliver a next-generation engineering project for the Feruka-Harare pipeline in Zimbabwe.  

Source: www.penspen.com

Aramco signs $12.4 billion infrastructure investment deal with EIG-led consortium

Aramco has signed a deal with a consortium led by EIG Global Energy Partners (“EIG”), one of the world’s leading energy infrastructure investors, to optimize its assets through a lease-and-lease-back agreement involving its stabilized crude oil pipeline network. 

Upon closing, Aramco will receive upfront proceeds of around $12.4 billion, further strengthening its balance sheet through one of the largest energy infrastructure deals globally.  The transaction represents a continuation of Aramco’s strategy to unlock the potential of its asset base and maximize value for its shareholders. It also reinforces Aramco’s role as a catalyst for attracting significant foreign investment into the Kingdom.

As part of the transaction, a newly-formed Aramco subsidiary, Aramco Oil Pipelines Company, will lease usage rights in Aramco’s stabilized crude oil pipelines network for a 25-year period. In return, Aramco Oil Pipelines Company will receive a tariff payable by Aramco for the stabilized crude oil that flows through the network, backed by minimum volume commitments. Aramco will hold a 51% majority stake in the new company and the EIG-led consortium will hold a 49% stake. Aramco will continue to retain full ownership and operational control of its stabilized crude oil pipeline network. The transaction will not impose any restrictions on Aramco’s actual crude oil production volumes that are subject to production decisions issued by the Kingdom.

Aramco President & CEO, Amin H. Nasser, said: “This landmark transaction defines the way forward for our portfolio optimization program. We are capitalizing on new opportunities that also align strategically with the Kingdom’s recently-launched Shareek program. Aramco’s strong capital structure will be further enhanced with this transaction, which in turn will help maximize returns for our shareholders. Additionally, our long-term partners in this venture will benefit from investment in one of the world’s most robust energy infrastructures. Moving forward, we will continue to explore opportunities that underpin our strategy of long-term value creation.” 

Abdulaziz M. Al Gudaimi, Aramco Senior Vice President of Corporate Development, said: “In addition to strengthening our balance sheet, this deal sets a new benchmark for infrastructure transactions both regionally and internationally. It is a vote of confidence in our long-term outlook by EIG and other heavyweights in the investment world and reflects the significant progress we are making in our portfolio optimization program. This transaction unlocks value from our assets and strengthen Aramco’s resilience, agility and ability to respond to changing market dynamics.” 

R. Blair Thomas, EIG’s Chairman & CEO, said: “We are honored to partner with Aramco, an undisputed industry leader, on this landmark transaction.  Aramco’s oil pipeline network is a marquee global infrastructure asset. We look forward to investing in this infrastructure which is critical to the global economy, and to driving value for our institutional investors worldwide.”  

The long-term investment by EIG and other institutional investors underscores the compelling investment opportunity represented by Aramco’s globally-significant pipeline assets, the Company’s long-term outlook and the attractiveness of the Kingdom of Saudi Arabia as a desirable investment destination for international investors. The transaction is expected to close as soon as practicable, subject to customary closing conditions, including any required merger control and related approvals. 

Source: www.aramco.com

L&T Construction Secures Green EPC Order to establish one of the World’s Largest Solar PV Plants by Capacity

The Renewables arm of Larsen & Toubro’s Power Transmission & Distribution Business has secured a turnkey EPC Contract, from the consortium of ACWA Power and the Water and Electricity Holding Company (a subsidiary of the Public Investments Fund of Saudi Arabia (PIF)), for Sudair Solar PV Project of 1.5GW capacity. This project is considered the largest Solar Plant in Saudi Arabia with PPA signed. It is also one of the largest such plants in the world.

The project that is coming up in Riyadh Province has a 30.8 square kilometre land parcel available to install a total capacity of 1.5GW PV Solar modules with associated single axial tracker and inverters. The ambitions of Saudi Arabia’s National Renewable Energy Program (NREP) are on track. As part of the NREP, Sudair Solar PV Project is awarded to PIF and its partner, ACWA Power.

This project is part of the 70% of the target capacity of 58.7 GW of the Kingdom assigned to Public Investment Fund (PIF), while Renewable Energy Project Development Office (REPDO) would undertake competitive tendering for the remaining 30%, as announced by the Ministry of Energy in 2019. “With several GWs of solar EPC experience, L&T has emerged as a global technology player for solar plants, said Mr. S. N. Subrahmanyan, CEO & Managing Director, Larsen & Toubro. “L&T has been a provider of EPC services for several green projects in recent years. We are India’s largest EPC company to build hydel power plants, the largest market player to build nuclear power plants with a total capability of 9360 MWe, including some ongoing projects, on an EPC turnkey basis with the capacity to make important critical components like steam turbines, generators, end shields and other critical equipment. We have the largest market share of the Flue Gas Desulfurization (FGD) units for fossil fuel power plants.

L&T has over 2.1 GW of Utility Scale Solar projects commissioned and are also operating and maintaining several of them. We have a diversified renewable portfolio of 32MW Floating Solar Power Plants, 135 MWH of Battery Energy Storage projects, 500 Micro Grids and 14000 Solar Water Pumps. L&T is also working on potential solutions related to Green Hydrogen and Carbon Capture & Storage technologies. Securing this project is a major milestone in our clean and green energy path to fight the climate crisis that the world faces,” he added. Commenting on the development, Mr. T. Madhava Das, Whole-Time Director & Senior Executive Vice President (Utilities), L&T said “KSA aims to become a pioneer in Renewable Energy and we are happy to be a part of this journey. We have been building efficient power transmission and distribution networks with modern substations and transmission lines in this region for more than 2 decades. This is yet another recognition of our capabilities to construct mega projects to speed and scale”.

Source: L&T Press Release

Qatar Petroleum enters two offshore exploration blocks in Namibia

Qatar Petroleum entered into an agreement with Shell to become a partner in two exploration blocks offshore the Republic of Namibia.Under the terms of the agreement, which is subject to customary approvals, Qatar Petroleum will hold a 45% participating interest in the PEL 39 exploration license pertaining to Block 2913A and Block 2914B, while Shell (the Operator) will hold a 45% interest, and the National Petroleum Corporation of Namibia (NAMCOR) will hold the remaining 10% interest.
Commenting on the agreement, His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum, said, “With this second exploration and production sharing agreement in Namibia, we are pleased to expand our exploration footprint in the country, and to further strengthen our presence in the southern Africa region. Working on these promising and prospective blocks with our valued long-term partner, Shell, is another step in our stride towards achieving our international growth strategy. We look forward to working together with the Namibian Government, NAMCOR and Shell on these blocks.”
This is Qatar Petroleum’s second exploration license in Namibia. In August 2019, Qatar Petroleum entered into agreements for participating in blocks 2913B and 2912 offshore Namibia.
The PEL 39 blocks are located offshore Namibia in ultra-deep-water depths of about 2,500 m, covering an area of approximately 12,300 km2.​

Source: qp.com.qa

Saipem and Siram Veolia sign a Memorandum of Understanding to collaborate on energy transition projects in Italy

Saipem and Siram Veolia have signed a Memorandum of Understanding (MoU) relating to a collaboration agreement for the implementation of projects focused on the energy transition in Italy. In particular, the two companies intend to pursue opportunities in the treatment and reuse of water and waste, the generation of biogas and biomethane, the energy efficiency of industrial plants, and the implementation of new technologies for heat and power generation.

Through this MoU, Saipem and Siram Veolia will also evaluate specific initiatives that fall within the Recovery and Resilience Facility Plan, through which funds will be available to support Member States of the European Union in the post-COVID-19 phase.

The agreement also aims to contribute to the evolution of the Italian industrial segment by leveraging the skills of the companies, both of which are excellences in the energy and environmental sectors.

Saipem will supply solutions aimed at increasing the sustainability of production complexes and enabling cutting-edge technologies for utility plants. To this end, Saipem can bring its consolidated skills in the design and implementation of execution projects for utility plants, integrating different processes, solutions, and technologies, taking into account the knowledge and experience gained in the construction of power generation, water, waste and gas treatment plants.

Siram Veolia, the Italian subsidiary of the Veolia Group, world leader in the management and optimisation of environmental resources, is active in both the public and private Italian Energy Efficiency, Optimised Water and Special Waste Management markets and has, among its main targets, the plant financing, and maintenance and operation.

Maurizio Coratella, Chief Operating Officer of Saipem’s Onshore E&C Division, said: “The collaboration agreement we signed with Siram Veolia aims to pool our mutual experiences and specificities with the goal of contributing to the country’s energy transition process. In this sense we are committed to offering our clients innovative solutions that support them in reaching their goals and that are adequate for meeting the challenges posed by the new energy and environmental scenario, diversifying our activities and investing in renewables”.

Emanuela Trentin, Director of Siram Veolia, commented: “We are very satisfied with the partnership with Saipem in this time of great challenges for the relaunch of our country. The consolidated and complementary experience in the implementation and management of large projects can provide the guarantee to use the resources of the Recovery and Resilience Fund in compliance with the established timeframes and performances. The ability to propose Public Private Partnership projects also makes it possible to determine a multiple effect of the available resources.”

Saipem is a leading company in the engineering, drilling and construction of major projects in the energy and infrastructure sectors. It is “One-Company” organised into five business divisions (Offshore E&C, Onshore E&C, Offshore Drilling, Onshore Drilling and XSIGHT, dedicated to conceptual design). Saipem is a global solution provider with distinctive skills and competences and high-tech assets which it uses to identify solutions aimed at satisfying client needs. Listed on the Milan Stock Exchange, it is present in over 60 countries worldwide and has 32 thousand employees of 130 different nationalities.

Siram Veolia is a solid and innovative group that offers sustainable solutions for the management and optimisation of environmental resources, supporting public bodies and companies in the transition to a circular economy. Siram, present in Italy for over 100 years, operates from 130 offices with a team of over 3,000 professionals and with a turnover of 700 M€. It has belonged to the multinational group Veolia, leader in Europe and in the world in environmental services, since 2014. Siram designs, finances, implements and manages highly innovative works with excellent solutions in terms of sustainability and low environmental impact. Over 99,000 tons of CO2 have been saved in the last year thanks to energy efficiency measures; over 400 water purification plants operated; 1,600 tons of special hospital waste and 138,000 tons of liquid waste were collected, handled and disposed of.

Source: www.saipem.com

Technip Energies Awarded a Significant Contract by Indian Oil Corporation to Upgrade the Barauni Refinery in India

Technip Energies (PARIS:TE) has been awarded a significant(1) Engineering, Procurement, Construction and Commissioning (EPCC) contract by Indian Oil Corporation Limited (IOCL) for its BR9 Expansion Project in Barauni, Bihar, in the Eastern part of India.

This EPCC contract covers the installation of a new Once-through Hydrocracker Unit (OHCU) of 1 million metric tonnes per annum (MMTPA) capacity, a Fuel Gas Treatment Unit (FGTU) and the associated facilities. The OHCU, in combination with downstream refinery units, will enable production of BS VI Grade fuels – similar to Euro VI Grade fuels – and petrochemicals.

Bhaskar Patel, Senior Vice President India Business Unit at Technip Energies commented: “We are very pleased to have been awarded this contract by Indian Oil Corporation Limited. This award demonstrates our long-term commitment in India and substantially consolidates our positioning in High Operating Pressure projects. It also strengthens our position as a leading provider of key projects to the major players in India’s domestic energy sector.”

IOCL’s Barauni refinery, built in 1964, is the second refinery to be built in India. The BR9 Expansion project shall enhance refinery capacity from 6 MMTPA to 9 MMTPA and will add petrochemicals such as Polypropylene into Barauni refinery’s product portfolio.

Technip Energies has a strong footprint in India with local presence in Delhi, Mumbai, Chennai and Dahej.

(1) For Technip Energies, a “significant” contract is between €50 million and €250 million.

Note: this award is included in the Company’s first quarter 2021 financial results.

Source: www.technipenergies.com


ACWA Power, a leading Saudi developer, investor and operator of power generation and desalinated water plants in 13 markets, has finalised the project agreements for the 200MW Kom Ombo PV plant in Egypt.

The signing of the 25-year Power Purchase Agreement (PPA), Network Connection Contract and Usufruct Agreement was conducted via a virtual ceremony held with senior government officials and representatives from the Egyptian Electricity Transmission Company (EETC); The New and Renewable Energy Authority (NREA), and ACWA Power.

The agreements were signed by Eng. Sabah Mashaly, Chairman of EETC; Dr. Mohamed Al-KHayat, Chairman of NREA; Rajit Nanda, Chief Portfolio Management Officer and acting CIO of ACWA Power; and Eng. Hassan Amin, Country Development Director- Egypt, ACWA Power.

Source: www.acwapower.com

Maire Tecnimont strengthens its footprint in Nigeria with a contract worth about USD 1.5 billion by NNPC

Maire Tecnimont S.p.A. announces that its subsidiary Tecnimont S.p.A. has been awarded a contract by the Federal Executive Council to carry out Rehabilitation works for the Port Harcourt Refinery Company Limited, located in Port Harcourt, Rivers State, in Nigeria, which is a subsidiary of Nigerian National Petroleum Company (NNPC). 

The overall contract’s value is about USD 1.5 billion. The project entails engineering, procurement and construction (EPC) activities for a full rehabilitation of the Port Harcourt refinery complex, aimed at restoring the complex to a minimum of 90% of its nameplate capacity. The complex is composed of two refineries totaling an overall capacity of approximately 210,000 bpd (barrels per day). The project will be delivered in phases from 24 and 32 months and the final stage will be completed in 44 months from the award date. 

Pierroberto Folgiero, Maire Tecnimont Group Chief Executive Officer, commented: “With this great result we confirm the soundness of our business strategy on geography diversification, as one of its key elements is to grow and assist our clients in their revamping initiatives, leveraging on our technological know-how to ensure more efficient and environmentally better performing processes and products. It represents a testament of our technological DNA, as we are strongly increasing our focus on initiatives for the modernization of the refining sector, such as these strategic rehabilitation works. Moreover, we enhance our footprint in Nigeria and in Sub-Saharan Africa, a market with excellent downstream prospects given its demographics and the necessity to unlock greater added value from the transformation of natural resources. We are eager to keep on supporting a leading player in the area such as NNPC to develop Africa’s downstream sector.”

Source: www.mairetecnimont.com

JGC Holdings Enters EPC Business for Small Modular Reactors (SMRs) Invests in U.S. Company NuScale Power

JGC Holdings Corporation (JGC) announces its decision to invest in NuScale Power, LLC, a U.S. developer of small modular reactors* (SMRs) with the aim of partnering in the delivery of the engineering, procurement, and construction (EPC) business for these plants. JGC is investing $40 million in NuScale through a special-purpose company established by JGC’s U.S. subsidiary.

“The JGC Group embrace the goal of “Carbon Neutral in 2050″ as committed by Japanese Government last year. Our investment in NuScale technology, with its enhanced safety features, will enable JGC to expand our EPC business and deliver a zero carbon resource to the growing demand of the global energy market, said Tadashi Ishizuka, Representative Director, President and COO of JGC Holdings Corporation.”

As renewable energy becomes a primary energy source with the rapid advancement of decarbonization globally, it remains a challenge to ensure a stable supply of electricity by renewables due to their susceptibility to the natural environment. SMR plants are expected to fulfill a key role as a complement to renewables by providing reliable, dispatchable, zero-emission generation.

SMRs will also serve as an energy source for hydrogen production and seawater desalination. SMR technology provides a much safer design, which is modular in nature and provides flexibility in future expandability and repeatability in project execution.

The SMR market is projected to cover approximately 230 GW of the additional worldwide electricity capacity of the about 4,900 GW needed by 2050, and NuScale SMRs are expected to account for a sizeable portion of the market (market projections based on independent research).

In Japan, the government’s “Green Growth Strategy Through Achieving Carbon Neutrality in 2050” sets out policies for assisting Japanese companies to implement demonstration projects for SMRs overseas. Meanwhile, JGC anticipates that the SMR market will expand in the future, with SMRs facilitating the realization of decarbonized societies alongside hydrogen and renewable energy.

Furthermore, in August 2020, NuScale’s SMR technology became the first to obtain regulatory design approval in the United States, and its advanced SMR technology is ready for commercialization as compared to other U.S. SMR technologies. Accordingly, JGC has made the strategic decision to invest in NuScale and in doing so, enter the EPC business for SMR plants.

With this investment, JGC plans to participate in NuScale’s first SMR plant through JGC Corporation, the group company that handles overseas EPC business. JGC Corporation will collaborate with U.S. EPC giant Fluor Corporation, the majority investor in NuScale, which has a track record of major EPC projects successfully completed in the Energy and Infrastructure markets.

In the medium and long term, JGC Corporation will work with Fluor to secure and execute SMR EPC projects on a global basis, and intends to seek opportunities in integrating SMRs with renewable energy, as well as with hydrogen production and seawater desalination.

For nearly 50 years, the JGC Group has been involved in domestic EPC projects for spent nuclear fuel reprocessing plants, radioactive waste processing and disposal facilities, among others. Outside Japan, the group has assisted customers to bid on a nuclear power plant EPC project in the United Arab Emirates, as well as developed EPC project plans for a nuclear new-build in the UK.

With the ongoing global transition from fossil fuels to hydrogen and renewable energy, the JGC Group is expanding its business in the nuclear-related sector, and continuing proactive efforts to reduce carbon emissions by capitalizing on technologies that contribute to worldwide sustainability.

*Small modular reactors (SMRs):

Small modular reactors, which are defined as advanced reactors that produce electricity of up to 300 MW(e) per module. These reactors have advanced engineered features, are deployable either as a single or multi-module plant, offer the possibility to combine nuclear with alternative energy sources including renewables, and are designed to be built in factories and shipped to utilities for installation as demand arises. (Source: International Atomic Energy Association)

Source: www.jgc.com

SK Will Invest 18 Trillion Won to Build the Largest Hydrogen Liquefaction Plant in the World

Public-private partnership between the government, Incheon Metropolitan Government, SK and Hyundai Motor accelerates hydrogen business in Korea

  • SK presented a blueprint for “SK’s Plan for Hydrogen Business” in the 3rd Hydrogen Economy Committee presided over by the Prime Minister
  • By 2025, SK plans on investing 18.5 trillion won in creating a hydrogen eco-system ranging from production to distribution and consumption, creating 209,000 jobs
  • The company plans to complete construction of the world’s largest hydrogen liquefaction plant by 2023 and supply 280,000 tons of eco-friendly hydrogen by 2025
  • SK will cooperate with all parties including Incheon Metropolitan Government in establishing a hydrogen production cluster and Hyundai Motor in forming “Korean Hydrogen Council”
  • Chairman of SK Group Chey Tae-won said, “SK will accelerate the process of building a hydrogen eco-system in Korea to contribute to achieving carbon neutrality.”

SK plans on investing about 18 trillion won for the next 5 years in building a hydrogen eco-system in Korea. On March 2, the company presented a plan to build a hydrogen eco-system in Korea at the 3rd Hydrogen Economy Committee presided over by the Prime Minister at SK Incheon Petrochemical and began the plan.

SK aims at becoming the world’s leading hydrogen company in terms of the hydrogen value chain ranging from production to distribution and consumption of hydrogen by investing in hydrogen infrastructure in Korea and building partnership with global companies.

The Committee meeting was attended by Prime Minister and Chairman of the Committee Chung Sye-kyun, Minister of Trade, Industry and Energy Sung Yoon-mo, Minister of Environment Han Jung-ae, Mayor of Incheon Park Nam-chun, Head of Seo-gu, Incheon Lee Jae-hyun and government officials. Attendees from SK Group included Chairman Chey Tae-won, President of SK Jang Dong-hyun, President of SK E&S and Chair of the SK Hydrogen Business Task Force Choo Hyung-wook, and President of Incheon Petrochemical Choi Yun-seok. From Hyundai Motor, Chairman of Hyundai Motor Group Chung Eui-sun, President of Hyundai Motor Gong Young-woon, President and CEO of Hyundai Motor Chang Jae-hoon, President of Hyundai Mobis Cho Sung-hwan and Vice President of Hyundai Motor Kim Se-hoon joined the meeting. Attendees were provided with information on SK’s strategy to create a hydrogen eco-system and took a tour of a site within SK Incheon Petrochemical where the liquefied hydrogen production base will be located.

SK’s strategy to build a hydrogen eco-system in Korea is primarily in two stages; in the first stage, the company plans on supplying 30,000 tons of liquefied hydrogen, which is the largest in the world, sourcing from by-product hydrogen** by 2023 in connection with Incheon’s “project to build a bio·by-product hydrogen production cluster**”. In the second stage, SK will produce additional 250,000 tons of carbon-free clean hydrogen at a site adjacent to Boryeong LNG Terminal by 2025 with a goal of becoming the world’s leading eco-friendly hydrogen company.

30,000 tons of liquefied hydrogen produced in the first stage is the equivalent quantity of fuel needed for 75,000 units of Nexo, the hydrogen-fueled car, to travel around the world at the same time (about 46,520km) and has the same effect of planting 12 million trees to reduce carbon dioxide, contributing significantly to improving air quality in the metropolitan areas.

The additional 250,000 tons of hydrogen that will be produced in the second stage will enable SK to produce and supply a total of 280,000 tons of environmentally friendly hydrogen every year in Korea. SK also plans to use experience and capabilities it will gain from this business to enter the Asian hydrogen markets such as China and Vietnam.

While building a hydrogen eco-system in Korea, SK expects to create jobs in construction, shipbuilding, and automobile manufacturing as well as in fuel cells and hydrogen production, which will create a total of 209,000 jobs and add 34.1 trillion won of social and economic values.

SK will invest 18.5 trillion won in establishing a value chain encompassing production, distribution and sale of hydrogen

SK E&S which is leading SK Group’s hydrogen business will invest about 500 billion won in building a hydrogen liquefaction plant to achieve the goal in the first stage of producing 30,000 tons of hydrogen. The energy company plans on purchasing 13,000 pyeongs (about 42,975㎡) of a site within SK Incheon Petrochemical Complex in Wonchang-dong, Seo-gu, Incheon and on completing construction of the plant with an annual capacity of 30,000 tons by 2023.

Once the construction of the plant is completed, SK will be able to refine by-product hydrogen provided from SK Incheon Petrochemical to high purity and process it to liquid before supplying it to the metropolitan areas.

The first stage of the plan is significant in that it is “a pillar” of Incheon’s project to build a hydrogen production cluster. Business activities in the first stage are expected to contribute greatly to Incheon’s local economy by helping the city develop new hydrogen-related projects, creating added values, creating employment opportunities and encouraging population inflow to the city. They will also serve as an important foundation for expanding hydrogen infrastructure in Incheon International Airport, Incheon Port and local Industrial complexes.

By 2025, SK E&S will invest 5.3 trillion won in building the world’s largest clean hydrogen production base that produces eco-friendly hydrogen out of LNG as well as in producing and supplying 250,000 tons of carbon-free clean hydrogen*** annually. By using carbon capture and storage, the company plans to produce 250,000 tons of clean hydrogen every year in a single production facility and currently, it is the only company that has such a plan.

SK will make massive investments in constructing hydrogen fueling stations and a fuel cell power plant

SK also plans on investing heavily in providing proper distribution channels of hydrogen when supplying liquefied hydrogen.

The company plans to operate 100 hydrogen fueling stations across the country by 2025 to supply 80,000 tons of liquefied hydrogen every year. It will also build a fuel cell power plant with a capacity of 400 MW to provide 200,000 tons of hydrogen annually through a dedicated pipeline

To this end, SK is discussing and cooperating with Seoul Metropolitan Government in boosting hydrogen economy including building liquefied hydrogen fueling stations, increasing hydrogen-fueled vehicles and establishing a center for direct experience of hydrogen.

At the meeting of the Committee, Chairman of SK Group Chey Tae-won said, “Hydrogen is not affected by weather and requires only a small site for production, which makes it the most proper green energy source for Korea.” He added, “SK will lead the efforts to build a hydrogen eco-system in Korea and commit itself to fulfilling its corporate responsibilities to achieve carbon neutrality by 2050.”

Meanwhile, SK and Hyundai Motor Group have been increasing their cooperation in the EV battery business recently. As the top management of the two groups met at the Committee meeting, there are growing expectations for partnership between the two for hydrogen business as it is facilitated as business for future growth for both groups.

The top management of the two groups had a meeting before the Committee meeting to discuss how to cooperate in building infrastructure for hydrogen fueling and establishing “Korean Hydrogen Council (K-Hydrogen Council)” in the first half of this year. The Council will be for CEOs of Korean companies to work together for hydrogen business. After the meeting, the two groups signed a business agreement with Incheon Metropolitan Government and Incheon Seo-gu Office to build foundations for hydrogen economy. SK as well as other parties to the agreement will cooperate actively to expand hydrogen economy including exploring and supporting different business models for hydrogen.

An SK official said “SK will increase private investment in large-scale hydrogen infrastructure and try to obtain world’s key hydrogen technologies to help achieve the goals of the hydrogen economy roadmap in Korea.” He continued to say, “Hydrogen is a core area of ESG and considered dream energy. SK will strengthen its business structure supported by cooperation with its partners to take the leadership in the hydrogen market.”

In the meantime, SK became the largest shareholder of Plug Power, a leading company in the U.S. hydrogen market, and formed a joint venture with it recently. The company plans on using Plug Power’s technology and business experience to build a hydrogen eco-system in Korea and for the liquefied hydrogen business in Incheon. SK and Plug Power will also come up with a specific plan for cooperation to enter the Asian hydrogen markets together. In late January, SK exercised its option to purchase additional shares of the American company and acquired about 10% of the shares by investing 1.85 trillion won (about $1.6 billion).

*By-product hydrogen: Hydrogen created additionally from processes of oil/chemical plants
**Incheon’s project to build a bio·by-product hydrogen production cluster: Incheon Metropolitan Government’s project to build a self-sufficient hydrogen city supported by by-product hydrogen of SK Incheon Petrochemical and bio-hydrogen sourcing from reclaimed land in the metropolitan areas
***Clean hydrogen: hydrogen that doesn’t generate carbon dioxide in the process of production or hydrogen using carbon capture and storage

Source: www.skens.com

Siemens Energy signs long-term service contract with Aramco to ensure power supply at key oilfields

Siemens Energy has signed its first long-term service agreement (LTSA) with Aramco, covering a range of turbines and generators at four major oil fields. This contract is expected to enable Aramco to improve reliability, efficiency, and availability of power supply, thereby safeguarding oil and gas production.

 This 15-year contract will enable Aramco to benefit from Siemens Energy’s comprehensive warranties and extended service support, increasing the availability and the reliability of the power supply for these strategically important assets. Furthermore, Siemens Energy will ensure resilience by providing the necessary resources and material availability in the Kingdom to face in case of any emergency. “Siemens Energy is a strategic partner and a trusted service provider, that can ensure reliable power supply at these major oil fields, helping improve operational excellence and continuously enhancing the performance of our strategic assets,” said Mohammad Al-Shammary, Aramco VP of Procurement and Supply Chain Management .

The agreement with Aramco will also enable Siemens Energy to expand localization plans through the development of high-tech industry and training of a skilled Saudi workforce, to increase job expertise and raise domestic capabilities in Saudi Arabia, whilst benefitting the local economy.Siemens Energy’s activities will meet the requirements outlined in the In-Kingdom Total Value Add Program (IKTVA), which was created by Aramco to baseline, measure, and support increased levels of localization.“Siemens Energy is dedicated to providing and ensuring stable, efficient and resilient power supply to Aramco, while delivering value beyond the scope of the contract, by contributing to the local economy and developing the skills and employability of Saudi nationals,” said Mahmoud Sulaimani, Managing Director of Siemens Energy Saudi Arabia.  Siemens Energy’s Service Workshop, formerly known as ISCOSA, is currently in the relocation phase to the Siemens Dammam Energy Hub, Siemens Energy’s largest gas turbine and compressor manufacturing facility in the region , which includes a full-fledged service set up to cover the entire product lifecycle.

The Hub’s advanced Service Workshop is where any kind of rotating equipment can be serviced, from small repair work over pumps, gears to compressors, heavy generators, and large gas turbine rotors with their Hot Gas Parts. Our services cover general inspections, regular repairs, modifications & upgrades, and emergency services under 24/7 conditions.

“This long-term service agreement is expected to help achieve the highest efficiency, reliability and availability of Aramco’s plant, with optimized parts management and with a core local team dedicated to the plants’ needs. We wish to thank Aramco for trusting Siemens Energy and we hope that this long-term service agreement with Aramco will be the first of many,” said Gianluigi Di Giovanni, VP Generation & Industrial Service Middle East and North Africa, Siemens Energy.

Source: press.siemens-energy.com

GE Consortium Awarded Contract to Build State-of-the-Art HVDC System for RWE’s Sofia Offshore Wind Farm

A specially formed consortium of GE Renewable Energy’s Grid Solutions and Sembcorp Marine today announced they have been awarded the full contract to supply a state-of-the-art high voltage direct current (HVDC) transmission system for Sofia, one of the world’s largest offshore wind farm projects. Once operational, Sofia, located in the North Sea 195 kilometers off the coast of the North East of England, will be able to generate enough wind energy to meet the electricity needs of almost 1.2 million average UK homes.

The HVDC transmission system represents Sofia’s second largest contract and will include the design, manufacture, installation, commissioning and maintenance of the offshore converter platform and the onshore converter station, including all ancillary equipment. Construction of the wind farm is set to begin onshore at its Teesside converter station site this year, with offshore construction expected to get underway in 2023. Teesside, an ideal location to serve the vast offshore wind potential of the North Sea, will also be the future home of GE Renewable Energy’s new blade manufacturing plant.

GE’s Grid Solutions will be leading the consortium for the engineering, procurement, construction and installation of the system’s two HVDC converter stations capable of transmitting 1,320 megawatts (MW) of power at 320 kilovolts (kV). The offshore converter station will be the most powerful ever built and will be installed 220 kilometers from shore, which will also make it the most remote.

The selection of the consortium is positive news for the UK as a significant percentage of all the primary HVDC equipment will be manufactured at GE’s Grid Solutions’ Stafford facilities in the West Midlands, which employ more than 1,000 workers.

Sven Utermöhlen, Chief Operating Officer Wind Offshore Global of RWE Renewables said: “Signing this contract with the consortium of GE’s Grid Solutions and Sembcorp Marine for the supply of Sofia’s HVDC electrical system reflects RWE’s strong commitment to innovation and to pushing the boundaries of what is capable within the sector. The 1.4GW Sofia project is our first to use the HVDC technology, which was selected to maximize the wind farm’s export capacity from a location so far from shore. We are delighted to be working with such a strong pairing on the delivery of this flagship project located on the remote Dogger Bank, in the middle of the North Sea.”

The project will be based on GE Grid’s latest HVDC technology, which utilizes its second-generation voltage source convertor valve, and will also feature the first application of its state-of-the-art eLumina™ HVDC Control System. eLumina is the industry’s first HVDC solution to use a digital measurement system fully based on International Electrotechnical Commission (IEC) 61850, an important international standard defining communication protocols for intelligent electronic devices at electrical substations.

“As the HVDC consortium leader for the Sofia Offshore Wind Farm, we are excited to move ahead with this project,” said Raj Iyer, Grid Integration Leader at GE’s Grid Solutions. “The award of Sofia and operational success of DolWin3 offshore wind HVDC last year are evidence that GE’s Voltage Source Converter technology is now well established, and that GE has the ability to commercially deliver on this latest and most advanced HVDC technology.”

Construction of the offshore converter platform will start this year and will be designed, built, installed and commissioned by Sembcorp Marine. Located at the heart of the wind farm, it will comprise a 17,000-ton topside and a jacket foundation structure piled into the seabed. The onshore converter station will convert the electricity generated by the wind farm to 400 kV alternating current (AC), before it enters the UK national grid.

Samuel Wong, Head of Sembcorp Marine Offshore Platforms said: “Sembcorp Marine is excited to work on this mega-project with GE Renewable Energy’s Grid Solutions to support RWE Renewables’ Sofia Offshore Wind Farm project to augment its supply of wind energy in the UK. We are grateful to RWE for its vote of confidence in Sembcorp Marine’s capabilities and outstanding track record of delivering offshore platforms to major field developments in Europe and Asia.”

Source: www.ge.com

Saipem and Hyperion Systems Engineering launch the newco SAIPEM-HYPERION Eastmed Engineering Ltd

Saipem and Hyperion Systems Engineering join forces to create Saipem-Hyperion Eastmed Engineering Ltd, a jointly controlled company based in Cyprus.

The new company will provide highly specialized consultancy and engineering services for energy and infrastructure industries in the Eastern Mediterranean region. It will support clients to boost their business and achieve their energy transition goals providing smart, sustainable and low environmental impact energy solutions.

Thanks to an extensive product portfolio based on the technologies and capabilities of Saipem and Hyperion, the new company is eager to develop valuable relationships with its local customers, partners and stakeholders.

Luca Brunetto, Head of Business Development and Commercial Strategies of Saipem’s XSIGHT division, dedicated to project definition services, commented: “The new company allows Saipem to consolidate its presence in the East Mediterranean area and to contribute to the energy development of the region. This joint project with Hyperion, a company with many years of activity and a deep knowledge of the local context, creates the basis for seizing new business opportunities and increases our ability to provide services in the strategic EastMed market”.

 Symeon Kassianides, Hyperion Group Chairman and CEO, stated: “Our goal is to create a regional engineering and services powerhouse that brings together Saipem’s extensive and valuable experience with Hyperion’s many years of successful experience in advanced solutions and specialized engineering. This is also a material step forward in strengthening the position of Cyprus as an East Mediterranean engineering and services hub”.

Stavros Spanos, Saipem-Hyperion Eastmed Engineering Ltd Interim CEO, added: “We are enthusiastic of the launch of Saipem-Hyperion Eastmed Engineering Ltd. We are already open for business and have started exploring specific initiatives”.

Source: www.saipem.com