JGC Awarded EPC Contract for VCM, PVC, and OSBL Expansion Project in Thailand

JGC Holdings Corporation announced that JGC Corporation which operates the overseas engineering, procurement, and construction (EPC) business of the JGC Group, has formed a consortium with the Thai company GC Maintenance and Engineering Company Limited (GCME) and has been awarded the contract for a project to increase the vinyl chloride monomer (VCM) and polyvinyl chloride (PVC) production capacity of AGC Vinythai Public Company Limited, one of leading chlor-alkali producers in Southeast Asia and a subsidiary of AGC Inc.

PVC, and VCM as the intermediate material of PVC, are indispensable materials for the development of urban infrastructure such as water and sewage systems, as well as for a wide variety of industrial products. The Southeast Asian market for these materials is expected to expand on the back of continued expansion in manufacturing and infrastructure projects in line with economic growth.

The Project is aimed at meeting this robust demand by adding VCM and PVC production facilities with an annual output of 400,000 tons of each, as well as outside battery limits (OSBL). JGC Corporation will be responsible for EPC of the VCM and PVC production facilities along with management of the overall project, while GCME will be in charge of EPC for the OSBL.

The JGC Group is well experienced with a wide range of projects in Thailand and is currently delivering chemical projects. JGC is convinced that its success in winning the contract for this project is based on a comprehensive evaluation of the JGC Group’s worldwide track record in the chemicals field, including in Thailand, and the company’s engineering & technical capabilities, project execution capabilities.

The JGC Group’s medium-term business plan “BSP2025” positions chemical facilities in Asia as a growth market and segment for EPC operations. In the future, the Group will continue to draw upon its extensive plant construction experience around the world and actively work to win contracts for overseas plant construction projects promoted by chemical manufacturers.

Source: JGC 

Clough Awarded FEED for Encina Plastics to BTX EPC Bid Contract

Clough has announced that it has been awarded a Front End Engineering Design (FEED) and Engineering, Procurement and Construction (EPC) bid contract, in partnership with Hyundai Engineering USA, for the Encina Point Township Circular Manufacturing Facility in eastern Pennsylvania.

Encina produces valuable circular chemicals, predominantly benzene, toluene and xylene (BTX) from end-of-life plastics. These chemicals form the basis from which many major consumer products are produced. Using Encina’s proprietary technology, this plant will take 450,000 tons per annum of end-of-life plastic feedstock and convert it into circular BTX. Manufacturers can be responsive to increasing consumer demand for circular and recycled content by seamlessly incorporating these products into their manufacturing processes.

This FEED will leverage Clough’s extensive experience in delivering high quality industrial projects and further enhances our reputation and footprint across North America. Clough and Hyundai are creating synergies with new, innovative companies possessing key eco-friendly technologies and expertise in renewable energy to deliver successful EPC solutions.

“Encina is excited to work with Clough on our Circular Manufacturing Facility in Pennsylvania,” said Shirley Hammond, Vice President of Engineering. “Clough’s ability to manage the technical and commercial aspects during FEED has contributed to the successes of the project as we drive towards our goal to produce circular materials.” 

Adam Stashick, Executive Vice President for Clough in North America stated: “I am very proud of our project team who have worked very closely with Encina and Hyundai Engineering over the last few months to secure this FEED stage.  Our commitment to understanding our client’s drivers and needs have not gone unnoticed and our client is very pleased with our commitment to their project.  I am looking forward to the successful development and delivery of this project and valued partnerships with Encina and Hyundai Engineering.”

Source: Clough 

TotalEnergies: Northern Lights Project Signs World’s First Commercial Agreement on Cross-Border CO2 Transport and Storage

TotalEnergies announces the signature of a commercial agreement between Northern Lights and Yara to transport and store CO2 captured from Yara Sluiskil, an ammonia and fertilizer plant in the Netherlands.

From early 2025, 800,000 tons of CO2 per year will be captured, compressed, and liquefied in the Netherlands and then transported to the Northern Lights site to be permanently stored in geological layers some 2,600 meters under the seabed off the coast of Øygarden, in Norway.

This agreement, the first of its kind worldwide, is a major milestone in the decarbonization of heavy industry in Europe, paving the way for international CO2 transport and storage as a service. It sets a new standard for European industrial companies looking to use Northern Lights solutions as part of their decarbonization strategies.

“Developing CO2 transportation and storage services is crucial for decarbonizing European industry: we are pleased to welcome Yara as first commercial partner for Northern Lights, which will help support its decarbonization strategy,” said Patrick Pouyanné, Chairman and Chief Executive Officer of TotalEnergies. ” TotalEnergies aims to develop a CO2 storage capacity of more than 10 million tons per year by 2030, both for its own facilities and for its customers, in line with its ambition to get to net zero by 2050, together with society.”

“Yara, our first commercial customer, will fill the available capacity of Northern Lights Phase 1. This agreement will establish a market for CO2 transport and storage. From early 2025, we will be shipping the first tons of CO2 from the Netherlands to Norway. This will demonstrate that CCS is a climate tool for Europe,” said Børre Jacobsen, Northern Lights Managing Director.

“We urgently need to take action to decarbonize industry, and Yara is a frontrunner in the field. I am very pleased to announce that we are now on our way to removing CO2 emissions from our production plant in Sluiskil. This will take us a step closer to carbon-free food production and accelerate the supply of clean ammonia for fuel and power production,” said Svein Tore Holsether, CEO of Yara International.

The Northern Lights Project
As the first project to create a cross-border value chain, Northern Lights is designed to give European industrial companies a solution for safely and permanently storing their CO2 emissions underground. The Phase 1 installations are scheduled to come on stream in 2024, with the ability to handle 1.5 million tons of CO2 per year. Several industries have shown growing interest in these services. As a result, additional capacity will be developed to accommodate rising demand, up to 5 million tons per year. Northern Lights is owned in equal shares by TotalEnergies, Equinor and Shell.

Source: TotalEnergies

Qatarenergy Awards Contract to Build Two Mega-Solar Power Plants

QatarEnergy announced awarding the Engineering, Procurement and Construction (EPC) contract for its industrial cities solar power project (IC Solar). This project includes 2 large scale photovoltaic (or PV) solar power plants to be built in Mesaieed Industrial City (MIC) and Ras Laffan Industrial City (RLIC) and is expected to start electricity production by the end of 2024.The announcement was made at a special ceremony held in Doha today to sign the EPC contract between QatarEnergy Renewable Solutions and Samsung C&T, which has been selected as the contractor to execute the project. 

QatarEnergy Renewable Solutions is a wholly owned affiliate of QatarEnergy tasked with investing in renewable energy and sustainability projects and products within the State of Qatar and across the globe.His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, President and CEO of QatarEnergy witnessed the signing of the EPC contract. Attendees in the ceremony included Mr. Sechul Oh, President & CEO of Samsung C&T Corporation and other senior executives from QatarEnergy and Samsung C&T.

Commenting on the occasion, His Excellency Mr. Saad Sherida Al-Kaabi said: “This IC Solar project is a major step in the implementation of our strategy to diversify Qatar’s energy resources and to increase the reliance on high-efficiency renewable energy, which is a cornerstone for a sustainable future. It also reaffirms our commitment towards delivery on QatarEnergy’s Sustainability Strategy and our mid-term target of having 5 GW of solar generated power by 2035. It also gives me great pleasure that this landmark project marks the first investment for our newly formed, wholly owned subsidiary, QatarEnergy Renewable Solutions, which will invest in and hold all our renewables and other sustainable initiatives going forward.”

This is the second utility-scale solar project in Qatar. Along with Al Kharsaa Solar PV Power Plant, which is currently under construction, the IC Solar project will increase Qatar’s renewable energy generation capacity to 1.675 GW by 2024. The project will utilize high-efficiency bifacial modules mounted on single-axis trackers as well as cleaning robots that will operate daily to minimize losses due to soiling by removing dust from the PV modules. This will maximize the additional energy yield produced by the bifacial modules.

The project’s power generation capacity is strategically distributed between the two main industrial cities in Qatar, MIC and RLIC. MIC will have a 417 MW plant and RLIC will have a 458 MW plant. The two plants will occupy a combined area of 10 square kilometers.The approximately 2.3 billion Qatari Riyals IC Solar project will result in direct emissions reduction of more than 28 million tons of CO2 over its lifetime. The output of both plants will contribute to the reduction of QatarEnergy’s GHG footprints from its facilities in RLIC and MIC, most notable its NFE and NFS LNG expansion projects, in addition to expanding grid capacity in other locations.

Source: QatarEnergy

McDermott Awarded FEED Contract from Viva Energy Australia

McDermott International has been awarded a Front-End Engineering Design (FEED) contract from Viva Energy Australia as part of its Geelong Refinery project to provide additional desulfurization capabilities. The award follows the successful completion of the Pre-FEED activity and encompasses early engineering and procurement services to support the project schedule.

Under the contract scope, McDermott will provide FEED services for a new modularized production unit. The unit will produce ultra-low sulfur gasoline with up to ten parts per million (ppm) sulfur to meet the proposed changes to Australia’s fuel quality standards from the end of 2024. Lower sulfur gasoline will support improved vehicle emissions.

“This award is testament to our successful execution of the pre-FEED. In this next phase, we will apply McDermott’s extensive modularization expertise to ensure quality, reduce cost and maintain the schedule,” said Tareq Kawash, Senior Vice President, Onshore of McDermott. “We look forward to continuing to support Viva Energy Australia’s carbon emission reduction goals to provide cleaner fuels and enhance Australia’s fuel security.”

Work on the project will be executed from McDermott’s engineering center of excellence in The Hague, the Netherlands with support from its offices in Gurgaon, India, and Perth, Australia.

Source: McDermott

Technip Energies and Clough to Perform FEED for TotalEnergies Papua LNG Upstream Production Facilities

Technip Energies leader of a consortium with Clough has been selected to perform the Front End Engineering Design (FEED) for TotalEnergies’ Papua LNG project’s upstream production facilities in Papua New Guinea.

The upstream production facilities cover the development of the Elk and Antelope onshore gas fields including the well pads and the central processing facility.

It also incorporates a carbon capture and sequestration (CCS) scheme to remove the fields’ native CO2 and reinject it into the reservoirs.

Technip Energies and Clough offer a very robust combination to identify and tackle the specific challenges of this project, lay solid foundations for its execution and foster a sustainable ecosystem around it.

Loic Chapuis, SVP Gas & Low Carbon Energies of Technip Energies, commented: “We are very proud to be entrusted by TotalEnergies for this strategic development which will feed the future Papua LNG trains. Leveraging our expertise designing gas units, integrating technologies and managing CO2 as well as our experience delivering large scale projects we are committed to make this project a reference in the industry”.

John Galvin, Executive Vice President APAC of Clough, said: “I am pleased for Clough to be part of another important and exciting project supporting our communities in Papua New Guinea. Our strong history of working in Papua New Guinea combined with our diverse engineering capabilities stand us in good stead for the delivery of the continuing scope of work which we will endeavour to be awarded.”

Source: Technip Energies

McDermott Awarded Pre-FEED Contract for Proposed H2Perth Project from Woodside Energy

McDermott International has been awarded a Pre Front-End Engineering Design (Pre-FEED) contract from Woodside Energy for the proposed H2Perth project located in the Kwinana/Rockingham area in Western Australia.

Under the contract scope McDermott will provide pre-FEED services for a proposed export-scale production facility for renewable and lower-carbon hydrogen and ammonia. Hydrogen will be produced using electrolysis technologies and natural gas reforming with carbon emissions abated or offset.

“This award follows the successful completion of the concept study on H2Perth and decades of experience executing both onshore and offshore projects for Woodside Energy,” said Tareq Kawash, Senior Vice President, Onshore of McDermott. “We are pleased to continue supporting Woodside’s energy transition opportunities and are mutually aligned on the importance of driving lower-carbon energy to advance Australia’s vision as a global leader in clean, innovative, safe and competitive hydrogen production.”

Work on the project will be executed from McDermott’s office in Perth, Australia, and its engineering centre of excellence in The Hague, the Netherlands.

Source: McDermott

Wood awarded two major multi-million-dollar projects in Uzbekistan

Wood has secured two new contracts from Enter Engineering with a combined value of over $200 million, to deliver major capital investment projects in Uzbekistan.

The first will see Wood’s Projects business deliver the full engineering scope, including FEED and detailed design, for a world-class mineral processing plant. The MOF-3 copper-concentration complex, located in the city of Almalyk, will also require Wood’s technical assistance during the procurement, construction, commissioning, and start-up stages to deliver the world’s largest copper concentrator.

Wood will also provide detailed engineering and procurement assistance services to build a new methanol-to-olefin (MTO) based gas-chemical complex, located in the Bukhara region. The petrochemical plant will produce highly sought-after hydrocarbon derivatives for a range of industries, including agriculture, pharmaceutical, and textile manufacturing.

The intricate work scope will involve delivering five process units including methanol, methanol to olefin, mono-ethylene glycol, low-density polyethylene, and polypropylene. In addition, the applied intelligence team within Wood’s Consulting business will develop a tailored digital strategy to integrate the control systems of the entire complex.

Giuseppe Zuccaro, President of Process & Chemicals at Wood, said: “These projects mark a significant and strategic investment in Uzbekistan as the country accelerates its economic diversification plan, satisfying the needs of its domestic industries while also meeting the world’s surging demand for special petrochemical products and energy transition materials.

“Our extensive experience in delivering complex mining and petrochemical projects of scale and our proven ability to operate a global execution model continue to position us as the ideal technical partner. We’re delighted to build on our strong relationship with Enter Engineering and look forward to working closely to achieve the full value of the investment in these world-class projects.”

Masrur Shakirov, Project Director of the MTO Gas Chemical Complex, said: “Our cooperation with multinational company Wood, who have decades of experience in designing complex industrial facilities, will enable us to build a complex of the highest quality. We are delighted to work with them on this strategic project and, with their bold engineering ideas, a new innovative enterprise will be built.”

At peak, the MOF-3 and MTO projects will each require the support of over 400 colleagues from across Wood offices, including Chennai, Johannesburg, Madrid, Milan, Santiago, Singapore, and Woking, in addition to Wood’s newly established office in Tashkent, Uzbekistan.

Source: Wood 

Keppel O&M wins US$2.9b newbuild FPSO P-80 contract from Petrobras

Keppel Offshore & Marine (Keppel O&M)’s wholly owned subsidiary, Keppel Shipyard, has won an international tender from Brazil’s National Oil Company, Petroleo Brasileiro S.A (Petrobras), for the engineering, procurement and construction (EPC) of P-80, a Floating Production, Storage and Offloading vessel (FPSO) for about US$2.9b. 

Scheduled for completion in 1H 2026, the P-80 is the second FPSO that Keppel O&M will be building for Petrobras for the Buzios field in Brazil. The first FPSO, P-78, is currently under construction by Keppel Shipyard. The P-80 is structured on progressive milestone payments and will be cash-flow neutral during its execution lifecycle. It would add over S$4bn to Keppel O&M’s orderbook. 

The P-80 will be one of the largest floating production units in the world with a production capacity of 225,000 barrels of oil per day (bopd), water injection capacity of 250,000 bpd, 12 million cubic metres of (Sm3/d) of gas processing per day and a storage capacity of two million barrels of oil. When completed, the P-80 will be on par with the largest oil producing platforms in Brazil. 

Mr Chris Ong, CEO of Keppel O&M, said, “We are pleased to be selected by Petrobras for a repeat order of yet another landmark FPSO vessel, which reaffirms our capabilities as the preferred development partner for complex turnkey projects. By leveraging our strong EPC capabilities and network of yards, as well as teaming up with leading industry specialists, we have been able to offer a win-win solution that is both cost effective for our customer and profitable for Keppel O&M and our partners. 

“Our first such project for the Buzios field, the P-78, is being built on this operating model. It is progressing on track with its schedule and within budget, and has been contributing to Keppel O&M’s earnings. Drawing from our experience with the P-78, we are confident that we can further enhance the efficiency and economics of the P-80, as well as generate a substantial amount of work in Brazil with thousands of jobs for the country.”   

Keppel O&M will harness its global network of yards, offices and partners to undertake the project execution. The design and engineering will be carried out through its centres in Singapore, Brazil, China and India. The fabrication of the topside modules which weigh about 47,000 metric tonnes (MT) in total will be spread across its facilities in Singapore, China and Brazil, with the integration and commissioning works to be completed in Singapore. Construction of the hull and accommodation will be carried out by CIMC Raffles in China. Keppel O&M will also undertake the final phase of offshore commissioning works when the FPSO arrives at the Buzios field. 

Petrobras operates the world’s largest carbon capture, utilisation and storage (CCUS) programme. The P-80, along with the P-78 FPSO, will incorporate green features such as carbon capture and reinjection of carbon back into the reservoir where it is stored. Both FPSOs are designed to maximise carbon reinjection and minimise the need for gas flaring. 

In addition to CCUS, the P-80 will also be outfitted with energy recovery systems for thermal energy, waste heat and gas, as well as seawater deaeration to reduce the consumption of fuel and the carbon emissions of the vessel. 

Mr Ong added, “As a leader in providing sustainable offshore energy and infrastructure assets, Keppel O&M is glad to be able to support Petrobras in reducing the carbon emissions of the P-80 and P-78. Our partnership with Petrobras in their decarbonisation journey over the years includes work on four other FPSO projects, which showcase various innovative sustainability features, and we look forward to build on our strong track record of delivering high quality vessels to them.” 

Keppel O&M has delivered a significant number of projects for Brazil and Petrobras over the years, which includes FPSOs, production platforms, Floating Storage Regasification Units, drilling rigs and accommodation vessels, to support Brazil’s energy infrastructure. BrasFELS, Keppel O&M’s yard in Angra dos Reis, Brazil is currently also undertaking integration and fabrication work for two other FPSOs that will operate in the Sepia field and the Buzios field. 

The above contract is not expected to have a material impact on the net tangible assets or earnings per share of Keppel Corporation Limited for the current financial year.

Source: Keppel O&M

Saipem has been awarded three new EPC contracts in Angola for a total amount of around 900 million USD

Saipem has been awarded three new contracts (one onshore and two offshore) by the New Gas Consortium composed by two wholly owned subsidiaries of Azule Energy (Eni Angola Exploration B.V. and BP Exploration (Angola) Limited), Sonangol P&P, Chevron, TotalEnergies, for the Engineering, Procurement and Construction (EPC) activities relevant to the Quiluma & Maboqueiro fields development project off the northwest coast of Angola.

With an overall value of around 900 million USD, Saipem is taking care of the engineering, procurement and construction, including hook-up and commissioning assistance, of the Quiluma platform and of the relevant onshore natural gas processing plant. This confirms customers’ trust in Saipem for the execution of complex projects both in terms of technology and logistics, carried out in line with local content and with the highest environmental sustainability standards. In particular, this is the first project carried out in Angola relevant to a “Non-Associated Gas” field.

The participation in the said development initiatives in the “Lower Congo Basin”, that will provide the Angola LNG plant with additional gas volumes for both international and domestic market, consolidates Saipem’s strategic positioning in West Africa and in Angola, where the company has been working for over 40 years.

Source: Saipem

QatarEnergy Awards McDermott FEED Contract for the North Field South Offshore Pipelines Project

McDermott International has been awarded a Front-End Engineering Design (FEED) contract by QatarEnergy for the North Field South (NFS) Offshore Pipelines and Power/FO cables Project. The new contract is in addition to the awards received by McDermott this year for the NFS Jackets and Topsides and Pipelines for the North Field Expansion Project (NFXP).  

The NFS infrastructure is part of the NFXP development and is designed to supply feed gas for two additional LNG trains and help increase total LNG production in the State of Qatar from the current 77 million tons per annum (MTPA) to 126 MTPA.  

“McDermott is one of the most experienced engineering and construction firms serving the LNG market and has delivered more than 30 LNG Pre-FEED and FEED projects over the past ten years,” said Tareq Kawash, McDermott’s Senior Vice President, Offshore Middle East. “We look forward to continuing to work closely with QatarEnergy to contribute to the development of this strategic offshore development.”

“McDermott has decades of experience delivering projects in Qatar, a historically strategic market, and is significantly increasing localization efforts with the Tawteen In-Country Value (ICV) program,” said Neil Gunnion, McDermott Qatar Country Manager and Vice President Operations. “McDermott is uniquely positioned to combine its EPC expertise with FEED and ensure that our design is practical, safe, and commercially viable.” 

The scope of the contract comprises developing FEED studies for offshore and onshore pipelines, cables, and associated facilities. The project will be managed from the McDermott Doha office with support from Chennai.

Source: McDermott

Nextchem’s MyRechemical awarded an engineering contract by Alia Servizi Ambientali for a waste to methanol and hydrogen plant in Empoli, Italy

Maire Tecnimont S.p.A. announces that its subsidiary MyRechemical, NextChem’s subsidiary dedicated to Waste-to-Chemicals technologies, has been awarded by Alia Servizi Ambientali S.p.A. a basic engineering contract for a waste to methanol and hydrogen plant to be located in Empoli (Tuscany), Italy.

The scope of work includes basic engineering design of the plant and the provision of necessary documentation to start the plant’s public authorization process with the Tuscany region. The basic engineering phase is expected to be completed by the end of 2022. 

Once authorized and completed, the plant will process 256,000 tons/yr. of non-recyclable waste and will produce 125,000 tons/yr. of methanol and 1,400 tons/yr. of hydrogen. The plant will benefit from MyRechemical’s chemical conversion technology which allows the recovery of waste that cannot be mechanically recycled, or other types of unsortable dry waste (i.e. Refuse Derived Fuel – RDF). The carbon and hydrogen contained in the waste are converted through a gasification process into a synthesis gas, which is used to produce low-carbon methanol and hydrogen. This process avoids the emission of pollutants in the atmosphere. Methanol is used as an alternative fuel for sustainable mobility or as a secondary raw material in the chemicals and manufacturing industries. Hydrogen can be used in low-carbon industrial processes to decarbonize hard-to-abate and energy intensive industries.

Alessandro Bernini, Chief Executive Officer of Maire Tecnimont Group and NextChem, commented: “This is one of the more interesting waste-to-chemicals initiatives that Maire Tecnimont is developing in Italy. This is the first application worldwide of an integrated technological scheme that allows to produce methanol from waste for sustainable mobility and hydrogen that will substitute methane in glass production processes, enabling both recycling and industrial symbiosis. It responds to the core need of circular economy and creates the bases of a new era of waste as a resource”.

“It will be possible to push the limits forward in recovering material from waste only by using more technology and innovation. We have signed a strategic partnership with Maire Tecnimont, leader in the Italian chemistry tradition”, commented Alberto Irace, Chief Executive Officer of Alia, “This represents a model of strategic alliance for circularity where Maire Tecnimont, Zignago, Suez and Alia, all leading companies in technology and industry, are joining their forces to design and realize a sustainable future”.

Source: Maire Tecnimont

Wood has been awarded the new contract for Olefin complex in Europe

Wood has secured a new contract with INEOS in excess of $100 million to deliver engineering, procurement, and construction management (EPCm) services for Project One, a new state-of-the-art petrochemicals complex in Antwerp, Belgium, which will deliver an ethane cracker with the lowest carbon footprint in Europe.

Effective immediately, the four-year contract will be delivered by Wood’s Projects business unit. The scope is focused on the outside battery limit facilities for the ethane cracker and follows the successful completion of front-end engineering design for the facility. Wood’s integrated project management team will also continue to oversee the project, working closely with the INEOS project team.

Giuseppe Zuccaro, President of Process & Chemicals at Wood, said: “The chemicals sector, like all industries, is forging its own path to carbon neutrality. What Project One represents is the next era of ethylene production, a key component in most plastics. Through the combination of technology and an innovative technical design approach, it will be the most sustainable and energy-efficient steam cracker in Europe.

“We are proud to have the opportunity to build on our strong relationship with INEOS by continuing to deliver on this major capital project, deploying the extensive petrochemicals expertise of our global engineering and project delivery teams.”

At its peak Wood is expected to employ around 300 people on the project across its execution centres in Reading and Milan, its global engineering centre in India, and at the site in Antwerp during construction.

Source: Wood

ADNOC Drilling Awarded More Than $3.4 Billion in Contracts to Drive Offshore Production Capacity Growth

Abu Dhabi National Oil Company (ADNOC) announced two contracts totalling more than $3.4 billion (AED12.6 billion) have been awarded to ADNOC Drilling to hire 8 jack-up offshore rigs. The contracts, valued at $1.5 billion (AED 5.6 billion) and $1.9 billion (AED 7 billion) respectively, awarded by ADNOC Offshore, will support the expansion of ADNOC’s crude oil production capacity to five million barrels per day (mmbpd) by 2030 and enable gas self-sufficiency for the UAE.

Over the life of the 15-year contracts, ADNOC Drilling’s state-of-the-art rig fleet will enable ADNOC and its strategic international partners to further unlock Abu Dhabi’s offshore oil and gas resources, creating significant value for ADNOC, its partners and the UAE.

Over 80% of the value of the awards will flow back into the UAE’s economy under ADNOC’s successful In-Country Value (ICV) program, supporting local economic growth and diversification.

His Excellency Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, said: “This world-leading investment will significantly expand our drilling activity to accelerate growth, drive value and responsibly unlock the UAE’s resources in response to globally rising demand for energy. ADNOC Drilling’s state-of-the-art fleet and market-leading capabilities, will be a key enabler as ADNOC strengthens its position as a leading low-cost and low-carbon energy producer. We are focused on delivering on our 2030 strategy, in support of the directives of our wise leadership to grow and diversify the UAE’s economy.”

The jack-up rigs will be hired along with manpower and equipment to support drilling operations across ADNOC’s offshore fields, which account for about half of ADNOC’s production capacity. ADNOC Drilling is the largest national drilling company in the Middle East by rig fleet size, with 105 owned rigs, including 27 offshore jack-up units, one of the largest operational jack-up fleets in the world. 

The company’s expansive rig fleet and market leading expertise remain key drivers in its ability to win and service large-scale drilling contracts for customers such as ADNOC Offshore, and to enable the unlocking of significant potential in Abu Dhabi’s waters. 

ADNOC recently awarded ADNOC Drilling two further substantial contracts totalling $2 billion (AED 7.49 billion) for integrated drilling services and the provision of Island Drilling Units at its Hail and Ghasha Gas Development Project.

Source: ADNOC

Petrofac consortium awarded EPC project in Algeria

Petrofac, leading a consortium with Genie Civil et Batiment (GCB), has received notification of a provisional award for an engineering, procurement and construction contract with Sonatrach for the Tinrhert EPC2 Development Project in Algeria. The contract is valued at approximately US$300 million, with Petrofac’s share around US$200 million.

Located in Alrar, around 1,500 kilometres southeast of Algiers, EPC2 will provide a new Central Processing Facility (CPF) with inlet separation and decarbonisation units. The scope of work also includes tie ins to the existing Alrar Separation and Boosting Facilities, which Petrofac originally helped deliver in 2018, along with commissioning, start-up and performance testing. When completed, the development will boost natural gas production and remove CO2 from the field’s gas reserves, within specifications for the global market, enabling further economic growth in-country.


Elie Lahoud, Chief Operating Officer for Petrofac’s Engineering & Construction division said:
“The Petrofac and GCB consortium is testament to our focus on local delivery, through investment in local supply chains and work forces. We are very pleased to have been notified of this provisional award by Sonatrach, which reflects their confidence in our ability to drive in-country value, whilst safely delivering strategically significant energy infrastructure.”

Petrofac has decades of experience in Algeria with a strong track record of safe execution. In 2018 the Company was awarded a contract with Sonatrach for Tinrhert EPC1, which, includes delivery of a new inlet separation and compression centre, successfully extending the existing Ohanet CPF. This project recently achieved a major milestone with the safe introduction of the first hydrocarbons for the start-up of production.

Source: Petrofac

Saipem: awarded a new offshore E&C contract in Italy worth approximately 300 million Euro

Saipem has been awarded an offshore E&C contract by Enimed, a subsidiary of Eni S.p.A., for the Transportation and Installation of an offshore gas pipeline connecting the four wells of Argo and Cassiopea Fields to the Sicilian coast (Italy), worth approximately 300 million Euro.

With a length of 60 km and a maximum water depth of 660 mt, the 14” gas pipeline will be installed by Castorone and Castoro 10, both globally recognized as first class pipelay vessels. Moreover Saipem 3000 vessel will install umbilicals connecting Cassiopea wells to the Prezioso Platform.

The Cassiopea project represents a strategic and complementary infrastructure in the frame of the Italian gas supply, which has been recently affected by the geo-political scenario, setting Saipem as one of the main Contractors able to effectively support clients and to provide tangible solution to the current energy crisis.

Source: Saipem

NextChem awarded a Front-End Engineering Design contract for an advanced mechanical recycling plant of municipal waste in Europe

Maire Tecnimont S.p.A. announces that its subsidiary NextChem has been awarded a Front-End Engineering Design (FEED) contract by a market leader in plastics and chemicals for an advanced mechanical recycling plant of municipal plastic waste in Europe. 

The aim of the project is to establish an advanced mechanical recycling plant for polyolefins, which shall manufacture products containing up to 100% post-consumer recycled materials (PCR). The waste processing capacity of the plant will be up to 75,000 tons per year. NextChem will be responsible for the Front-End Engineering Design, also assisting the client in the development of the execution phase. Completion of the FEED is expected by mid-2023. Once completed, the plant will be one of the largest advanced mechanical recycling facilities worldwide.

Alessandro Bernini, Chief Executive Officer of Maire Tecnimont Group and NextChem, commented “Enabling leading producers to include in their product portfolio partially or completely recycled polymers is one of the most effective ways to give plastics a sustainable life cycle, reducing both consumption of fossil sources and the carbon footprint. This new recycling plant will also integrate NextChem’s know-how and technology solutions, in order to convert waste sources into new second-life products. We are proud to enable this solution thanks to our technological know-how”. 

Source: Maire Tecnimont S.p.A.