Maire Tecnimont awarded USD 380 MN LPG Project by Sonatrach in Algeria

Maire Tecnimont S.p.A. announces that its main subsidiary Tecnimont S.p.A. has been awarded by the Direction Centrale Engineering & Project Management of SONATRACH an EPC contract for the execution of an LPG extraction plant inside the existing Rhourde El Baguel oil & gas treatment complex, located in northeastern Algeria.

The overall contract value is about USD 380 million, to be executed on a Lump-Sum basis. 
The scope of the Project entails the implementation of a new LPG extraction plant with a capacity to process 10 million metric standard cubic meters per day of associated gas coming from the existing facilities. The completion of the plant is scheduled within 36 months from the Contract’s effective date. 

LPG is a pressurized liquid mixture of propane and butane, mainly used as fuel in heating and cooking appliances, and vehicles.

Alessandro Bernini, Chief Executive Officer of Maire Tecnimont Group, commented: “We are proud of consolidating our track-record with SONATRACH also in consideration of the strategic relationship between our two Countries in the current global energy supply scenario. This achievement furtherly strengthens our presence in the Algerian market and in the gas monetization segment, where our Group consolidated a solid experience in other Middle East and North African countries”. 

Source: Maire Tecnimont S.p.A.

McDermott Awarded FEED Contract from Hydrostor

McDermott International has been awarded a front-end engineering design (FEED) contract from Hydrostor Incorporated for the Silver City Energy Storage project located in Broken Hill, New South Wales, Australia.

Under the contract scope, McDermott will provide the full suite of FEED services for a 200MW advanced compressed air energy storage (A-CAES) facility that can provide up to eight hours of energy discharge at a time.

The award follows the successful completion of pre-FEED services by io consulting, a McDermott joint venture, who will continue to contribute during the FEED phase. McDermott will also leverage its storage business, CB&I, to determine the best thermal liquid storage solution. This approach aligns with Hydrostor’s strategy to harness renewable energy and storage technology.

“Our joint offering with io and CB&I establishes a unique position to develop a modularized solution that provides a reliable, clean and long-term energy solution for Broken Hill,” said Tareq Kawash, Senior Vice President, Onshore of McDermott. “We look forward to working with Hydrostor to accelerate the transition to renewable energy in support of Australia’s goal of decarbonization.”

Silver City is being developed using Hydrostor’s unique A-CAES technology for energy storage that provides equivalent reliability, scale, duration and operating life as pumped hydro storage. It also offers greater flexibility and reduces water use by up to ten times and land use by twenty times.

Work on the project will be executed by McDermott’s teams in The Hague, the Netherlands; Brno, Czech Republic; and Perth, Australia.

Source: McDermott 

Saipem has been awarded a contract by Qatargas worth approximately 4.5 billion USD

Saipem has been awarded a contract by Qatargas for the North Field Production Sustainability Offshore Compression Complexes Project – EPC 2 located offshore the north-east coast of Qatar. The contract value amounts to approximately 4.5 billion USD.

The scope of work encompasses the engineering, procurement, fabrication and installation of two offshore natural gas compression complexes aimed at sustaining the production of the North Field, including two of the largest fixed steel jacket compression platforms ever built, flare platforms, interconnecting bridges, living quarters and interface modules.

To execute this project, Saipem will leverage on its own assets, know-how and competences on offshore engineering, installation and fabrication, as well as its capability to maximize local content.

This prestigious award represents the largest single offshore contract by total value in the company’s history. It follows the award in early 2021 related to offshore facilities for extraction and transportation of natural gas for the same field and demonstrates the continuity and the quality of Saipem’s performance in Qatar.

With this contract, Saipem accelerates its strategic repositioning in the offshore segments (E&C and drilling) which represent the large majority of the announced order intake year-to-date, further supporting the delivery of its Strategic Plan.

Source: Saipem 

CB&I and DSME Sign MoU for Feasibility Study of Large Liquid Hydrogen Carrier

CB&I, McDermott’s storage business line, and Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) have signed a memorandum of understanding (MoU) for a feasibility study of a large liquid hydrogen (LH2) carrier including an LH2 storage tank design.

The ability to ship large quantities of hydrogen across the ocean is an increasing need to help countries, like South Korea, achieve carbon reduction goals in a hydrogen economy. CB&I and DSME bring unique expertise to the study. CB&I will evaluate its LH2 storage tank design for ocean-going ships and DSME will investigate and develop the ship’s general design to install the LH2 storage tank. The output of the feasibility study is expected to contribute to the future design of a large-scale LH2 carrier.

“The development of LH2 storage for ocean-bound vessels is essential to South Korea’s focus on a carbon-neutral environment,” said Cesar Canals, Senior Vice President of CB&I. “Our expertise in designing and building field-erected pressure spheres for LH2 storage is a perfect combination with DSME’s technical excellence.”

CB&I spheres can store LH2 at temperatures of minus 423 degrees Fahrenheit, and the company is nearing completion of the world’s largest LH2 sphere in Cape Canaveral, Fla., USA. Their history in this field spans more than 60 years.

Source: McDermott 

ADNOC Drilling Awarded Close to $1 Billion Contract to Further Unlock UAE’s Offshore Energy Resources

Abu Dhabi National Oil Company (ADNOC) announced the award of a contract worth $980 million (AED3.6 billion) to ADNOC Drilling to hire two jack-up offshore rigs and associated manpower and equipment. The contract, awarded by ADNOC Offshore, will support the expansion of ADNOC’s production capacity as it responds to the growing global demand for lower carbon intensity oil and gas.

ADNOC Drilling is the largest national drilling company in the Middle East by rig fleet size and this award will leverage the company’s world-class expertise and state-of-the-art rig fleet to further unlock the UAE’s offshore energy resources. Over 80% of the award value will flow back into the UAE’s economy under ADNOC’s In-Country Value (ICV) program, supporting local economic growth and diversification.

Yaser Saeed Almazrouei, ADNOC Upstream Executive Director said: “This award for the hire of jack-up rigs supports our ongoing efforts to responsibly unlock our lower carbon intensity oil and gas resources, alongside our strategic international partners, and contribute to global energy security. ADNOC Drilling’s world-class capabilities continues to be a key enabler of these efforts. Importantly, this award will also deliver significant in-country value to drive economic growth and diversification, in line with the UAE leadership’s wise directives.”

This award brings the total value of awards from ADNOC Offshore to ADNOC Drilling in 2022 to $5.95 billion (AED21.84 billion) to maximize value from Abu Dhabi’s offshore oil and gas resources. In October, ADNOC Drilling was awarded a contract worth $1.52 billion (AED 5.58 billion) for the provision of jack-up and island rigs and associated Integrated Drilling Services. This followed two awards in August worth $3.43 billion (AED12.59 billion) to hire eight jack-up rigs.

ADNOC Offshore is supporting ADNOC’s drive to expand production capacity to five million barrels per day (mbpd) by 2030 and enable gas self-sufficiency for the UAE, and ADNOC Drilling is a critical to delivering on these strategic objectives. ADNOC Drilling’s rig fleet spans 105 owned rigs, including 28 offshore jack-up units, one of the largest operational jack-up fleets in the world. The company’s expansive rig fleet and expertise are key drivers in its ability to win and service large-scale drilling contracts for customers such as ADNOC Offshore.

Source: ADNOC

MHB Awarded the EPC Contract for the Solar Powered Offshore Platform, Rosmari-Marjoram Project, from Sarawak Shell Berhad

Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE), a wholly owned subsidiary of Malaysia Marine and Heavy Engineering Holdings Berhad (MHB), has secured a contract from Sarawak Shell Berhad (SSB) to undertake the engineering, procurement and construction (EPC) services of the offshore platform for the Rosmari-Marjoram gas project, off the coast of Sarawak, offshore Malaysia. The platform will comprise of a topside, a 4-legged jacket and piles.

Upon completion, the platform will be installed in a water depth of 140 metres (m) within SK318 area, off the coast of Bintulu, Sarawak.

This unmanned platform will be primarily powered by renewable energy where it will utilise power from solar panels. With a design life of 20 years, it will cater for up to 800 million standard cubic feet of gas per day with start-up targeted in 2026 supplying natural gas to the PETRONAS LNG Complex in Bintulu, Sarawak.

The Rosmari-Marjoram gas project is currently undertaken by SSB (Operator of the SK318 Block) and PETRONAS Carigali Sdn. Bhd.

Pandai Othman, Managing Director and Chief Executive Officer of MHB said, “We are honoured to have been entrusted with such a significant project from SSB. To us, this project award is not just another achievement for our record books but in fact, it signifies our strong and lasting partnership with SSB in many years to come.

With the announcement of Final Investment Decision by SSB for the project on Monday, 5th September 2022, followed by the award of this contract to MHB also indicates the beginning of the revitalisation of the oil and gas industry in Malaysia that has long been impeded due to the pandemic and economic slowdown causing oil and gas developers to be more cautious in its CAPEX spending for new developments.

Apart from our ultimate aim to deliver this project safely and timely, we are pleased to say that this project is aligned with our commitment in providing cleaner energy solutions through the utilisation of renewable energy to power the platform.

MHB has already begun our sustainability journey by integrating sustainable practices into our business and decision-making to ensure that we operate responsibly. Through this project, this will further intensify our aspiration to support all our stakeholders, in particular Shell and PETRONAS, towards materialising their net zero carbon emission agenda.”

Source: MMHE

ADNOC Drilling Awarded $1.53 Billion Contract to Support Expansion of ADNOC’s Offshore Operations

Abu Dhabi National Oil Company (ADNOC) announced the award of a contract worth $1.53 billion (AED 5.62 billion) to ADNOC Drilling. The award supports the expansion of ADNOC’s offshore operations and its objective to responsibly increase production capacity and meet the growing global demand for reliable, lower carbon intensity oil and gas.

ADNOC Offshore awarded the two-year contract which covers the provision of 12 jack-up rigs and two island rigs and the associated Integrated Drilling Services (IDS). ADNOC Offshore and its strategic international partners continue to maximize value from Abu Dhabi’s offshore oil and gas resources and this award will leverage ADNOC Drilling’s start-to-finish offering as well as its position as the largest drilling company in the region by rig fleet size to drive value and efficiencies while minimizing environmental impact.

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

Yaser Saeed Almazrouei, ADNOC Upstream Executive Director, said: “Through this award, ADNOC Offshore will continue to responsibly harness the energy in Abu Dhabi’s waters, as we increase production capacity to meet the world’s growing demand for energy with lower carbon intensity oil and gas. ADNOC Drilling is a world leader in drilling and completion services. Their deep expertise and wide technical capability will maximize value and minimize the environmental foorprint of every well as ADNOC expands its production capacity. The substantial in-country value generated through this contract will support the directives of our wise leadership to grow and diversify the UAE economy.”

This award will support the expansion of ADNOC’s crude oil production capacity to five million barrels per day (mmbpd) by 2030 and gas self-sufficiency for the UAE. ADNOC Drilling has provided IDS to ADNOC Offshore since 2019. The company’s highly competitive position, integrated capabilities and technical expertise have helped increase the efficiency of ADNOC’s offshore operations.

Since ADNOC Drilling launched its IDS offering in 2018, the company has enabled more than $250 million (AED917.5 million) in savings for its customers through the successful end-to-end delivery of drilling and completion services.

Source: ADNOC

Technip Energies to Perform FEED for PTTEP Lang Lebah Onshore Gas Plant Associated with Carbon Capture in Malaysia

Technip Energies has been selected by PTTEP HK Offshore Ltd. to perform the Front-End Engineering Design (FEED) of the Lang Lebah Onshore Gas Plant 2 (OGP2) project located in Bintulu, Sarawak, in Malaysia.

The FEED contract covers the design of an onshore gas plant including the integrated flow assurance of the native COcapture, compression and transportation via pipeline up to the offshore wellhead platform where it will be reinjected. The gas coming from the Lang Lebah offshore field will be treated before being sent to the Malaysia LNG complex.

Loic Chapuis, SVP Gas & Low-Carbon Energies of Technip Energies, stated, “We are very pleased to have been selected by PTTEP for this landmark gas development in Sarawak. Bringing Technip Energies expertise in designing large scale gas plants with CO2 capture and transportation, we are committed to making this project another successful milestone in our longstanding relationship with PTTEP and our history in Malaysia.”

The Lang Lebah OGP2 project is one of the key projects of the Sarawak Integrated Sour Gas Evacuation System (SISGES) Development. SISGES is expected to be the catalyst for further development of untapped sour gas resources off the coast of Sarawak.

Source: Technip Energies

Technip Energies Announces Award of a Large Contract for FEED, License and Proprietary Equipment Supply for INEOS’ Project One Ethane Cracker

Technip Energies has been awarded a large contract for the proprietary equipment supply for INEOS Olefins Belgium NV’s 1,450 kta ethane cracker in Antwerp, Belgium. This latest award is in line with early engagement strategy and consolidates the successful completion of the Ethylene License and Extended Front End Engineering and Design (FEED) previously awarded to Technip Energies by INEOS.

The cracker is designed using Technip Energies’ latest enhancement on technologies to achieve a CO2 footprint less than 50% of the best 10% of European crackers. The furnaces are modularized and designed to fire high hydrogen fuel, and to transition to 100% hydrogen firing in the future, in addition to the plant being carbon capture ready. The plant design maximizes the use of modularization, using Technip Energies’ extensive experience in modularized LNG projects.

Bhaskar Patel, SVP Sustainable Fuels, Chemicals and Circularity, Technip Energies, stated “We are very pleased that INEOS selected our low carbon ethane cracker technology and equipment for this sizeable project. Utilizing our extensive experience with modular design will result in a reduced site assembly footprint with sustainable features to reduce emissions.”

Source: Technip Energies