GE, McDermott, and Sembcorp Marine have been awarded Tennet’s offshore wind converter stations project worth 10 Bln Euros

GE Renewable Energy’s Grid Solutions business announced that it has been awarded three High-Voltage Direct Current (HVDC) contracts for a total of approximately 6 billion euros as part of a specially formed consortium with Sembcorp Marine for TenneT’s innovative 2GW Program in the Netherlands. The contracts have been awarded as part of a five-year Framework Cooperation Agreement with the possibility to extend for another three years.

Furthermore, TenneT and a consortium formed by GE and McDermott have entered into an agreement based on which TenneT plans to award two further HVDC contracts in Germany for a total of approximately 4 billion euros to this consortium in April 2023.

The five contracts for the GE consortia are among 11 two-gigawatt (GW) contracts awarded to HVDC suppliers by the Dutch-German Transmission Systems Operator (TSO) as part of its goal to connect 40 GW of offshore wind farms to the high voltage grids in the Netherlands and Germany. TenneT’s large-scale project resulted from the Esbjerg Declaration in May 2022 at the North Sea Energy Summit, where Germany, the Netherlands, Denmark, and Belgium agreed to jointly install at least 65 GW of offshore wind energy by 2030 – up from 20 GW today – to accelerate Europe’s energy security following recent geopolitical developments. TenneT plans to install 20 GW each in the Dutch and German North Sea.

The GE consortia projects cover the offshore converter platforms and the onshore converter stations for the two-way conversion between alternating and direct current. The converter stations are based on bipolar Voltage-Sourced Converter (VSC) technology – the most advanced HVDC technology – and will have double the capacity compared to previous monopole grid connection systems, resulting in fewer cables and platforms.

Tim Meyerjürgens, TenneT COO, said: “We are delighted to be working with GE and their consortium partners as part of our task to connect 40 GW offshore wind in the North Sea, one of the most important infrastructure projects of the century. TenneT has the technical know-how, scale, and geographical position to connect wind energy from the North Sea, while GE and its consortium partners have the HVDC expertise. Together, with the GE consortia and other HVDC partners we will accelerate the development of the offshore grid, thereby strengthening Europe’s energy security and putting Europe on track to become the world’s first climate-neutral continent by 2050.”

Philippe Piron, CEO of GE Grid Solutions, said: “Together with our consortium partners Sembcorp Marine and McDermott, we are honored and pleased to play a key role in this critical infrastructure project for European energy security and decarbonization. These awards confirm that GE’s Voltage-Sourced Converter HVDC technology is now recognized as one of the most advanced in the world.”

Johan Bindele, Senior Executive Director of the Grid Solutions Grid Systems Integration Business Line, added: “Our new and exciting partnership with TenneT will allow GE Grid Solutions to demonstrate its ability to deliver on this critical HVDC infrastructure and confirms our ambition to be a leading systems provider in the fast-growing HVDC market.”

GE consortium projects

The three Dutch GE/Sembcorp Marine consortium projects are: IJmuiden Ver Beta, IJmuiden Ver Gamma and Nederwiek 2. The IJmuiden Ver projects will be located about 62-km off the coast of the Netherlands, while the Nederwiek project will be located 95-km off the coast. The HVDC transmission will connect in Maasvlakte, Rotterdam. The contracts for the two IJmuiden projects come into effect immediately. The contract for Nederwiek 2 will come into effect in 2024. The two German GE/McDermott consortium 2 GW projects are: BalWin4 and LanWin1. They will be located about 160-km off the coast of Germany and will connect in Unterweser. Both contracts are expected to come into effect in April 2023.

The GE consortia will start preparatory work for the realization of all five projects with immediate effect to ensure that all projects can be delivered between 2029 and 2031.

As leader of these consortia, GE Grid Solutions will be responsible for the engineering, procurement, construction, installation, and commissioning (EPCI) of the 2 GW bipolar HVDC converter stations for all the projects. The bipoles will be capable of transmitting 2 GW at 525 kV. GE’s VSC technology utilizes its second-generation Voltage-Sourced Converter valve and its state-of-the-art eLumina™ control system, the industry’s first 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.

GE Grid Solutions’ Stafford facility in the West Midlands, UK, will manufacture all the primary HVDC sub-systems and equipment, while its facility in Berlin, Germany, will lead overall project management. GE expects the contracts to result in the creation of more than 200 new positions in the UK, France, and Germany, including in its supply chain.

GE’s consortium partner Sembcorp Marine, a Singapore-based global marine and offshore engineering group, will design, build, install and commission the offshore platforms, which will host the GE converter systems and equipment for the three Dutch projects. Located within each wind farm, the platforms will comprise a 25,500-tonne topside, and a 9,500-tonne jacket foundation structure piled into the seabed.

Chris Ong, CEO of Sembcorp Marine, said: “We are delighted together with our partner GE, to be selected by TenneT for three of their eleven two-gigawatt offshore converter platforms in the Netherlands. These are our largest and most advanced state-of-the-art offshore renewable energy projects to date. We thank GE and TenneT for their trust and confidence in our offshore construction capabilities. We look forward to contributing to TenneT’s vision and decarbonization objectives.”

McDermott of the US, a global provider of engineering and construction solutions to the energy industry, will design, fabricate, install, and commission the offshore converter substation platforms for the two German 2 GW HVDC grid connection systems. Each offshore converter substation platform will comprise a topside, weighing approximately 26,000 tonnes, which will be supported by a jacket substructure, weighing approximately 11,000 tonnes.

“Our integrated EPCIC delivery model, combined with nearly a century of executing some of the most challenging offshore projects in the world, make us ideally suited to support TenneT on this important offshore grid connection systems project,” said Vaseem Khan, McDermott’s Senior Vice President for Onshore.

TenneT’s 2GW Program – the new global offshore standard

With its 2GW offshore program, TenneT has developed the global offshore standard in cooperation with leading global suppliers. This new standard combines TenneT’s extensive expertise in offshore grid connections with a unique transnational approach to accelerate Europe’s energy transition. Due to its new innovative design, which results in a higher transmission capacity, the 2GW Program will reduce the impact on the environment, while saving on costs and resources.

Source: GE Renewable Energy

McDermott Awarded FEED Contract from Shell

McDermott has been awarded a front-end engineering design (FEED) contract from Shell Trinidad and Tobago Limited for the Manatee gas development project as part of a competitive FEED process. Under the contract scope, McDermott will provide comprehensive FEED services for a wellhead platform, export pipeline system, shore approach, midstream pipeline and onshore control room.

This award follows the successful completion of an early contract engagement with Shell and leverages McDermott’s key engineering, procurement, construction and installation capabilities.

“The award of this next phase of the Manatee project builds on the portfolio of projects that McDermott‘s Subsea and Floating Facilities business line is executing for Shell,” said Mahesh Swaminathan, McDermott’s Senior Vice President, Subsea and Floating Facilities. “McDermott’s comprehensive engineering design expertise and unique fabrication capabilities equip us to perform the required FEED work in-house, reduce costs, ensure quality and maximize time efficiencies.”

The Manatee field is located offshore Trinidad and Tobago in water depths of approximately 91 meters (299 feet). The field represents one of the country’s largest natural gas reserves discovered to date and will help bolster the country’s gas supply.

Engineering and execution planning efforts will be led by McDermott’s team in Houston with support from Kuala Lumpur, Malaysia; Chennai, India and Altamira, Mexico.

Source: McDermott 

Aramco JV HAPCO to commence construction of major refinery and petrochemical complex in China

Aramco and joint venture partners NORINCO Group and Panjin Xincheng Industrial Group plan to start construction of a major integrated refinery and petrochemical complex in northeast China.

Huajin Aramco Petrochemical Company (HAPCO), a joint venture between Aramco (30%), NORINCO Group (51%) and Panjin Xincheng Industrial Group (19%), is developing the complex that will combine a 300,000 barrels per day refinery and a petrochemical plant with annual production capacity of 1.65 million metric tons of ethylene and 2 million metric tons of paraxylene.

Construction is due to start in the second quarter of 2023 after the project secured the required administrative approvals. It is expected to be fully operational by 2026.

Aramco will supply up to 210,000 bpd of crude oil feedstock to the complex, which is being built in the city of Panjin, in China’s Liaoning province.

Mohammed Y. Al Qahtani, Aramco Executive Vice President of Downstream, said: “This important project will support China’s growing demand across fuel and chemical products. It also represents a major milestone in our ongoing downstream expansion strategy in China and the wider region, which is an increasingly significant driver of global petrochemical demand. “

Zou Wenchao, NORINCO Group Deputy General Manager, said: “This large-scale refinery and petrochemical complex is a key project of NORINCO Group to implement and realize the joint development of the high-quality Belt and Road initiative, promote industrial restructuring, and enhance the oil and petrochemical sector to become stronger, better and larger. It will play an important role in deepening economic and trade cooperation between China and Saudi Arabia, and achieving common development and prosperity.”

Jia Fei, Panjin Xincheng Chairman of the Board, said: “The project is of great significance for Panjin to promote increasing chemicals and specialty products, strengthening integration of the refining and chemical industry. It is a symbolic project for Panjin as it seeks to accelerate the development of an important national petrochemical and fine chemical industry base.”

Source: Aramco 

Clean Planet Energy award Wood Advanced plastic recycling projects across the US and UK

Wood, the global consulting and engineering company, has been awarded a contract for FEED and EPCm services by Clean Planet Energy.

Wood will initially design the first suite of Clean Planet Energy’s ecoPlants, which will include three plastics recycling facilities across the US – in New Jersey, Alabama and South Carolina, with contracts also in advanced discussion for their UK facilities. Clean Planet Energy is investing in excess of $150 million as part of this first development batch of global ecoPlants.

These facilities, also known as Clean Planet ecoPlants, will apply cutting edge, recycling technology to turn hard-to-recycle plastic waste into circular products. Each ecoPlant will be designed to accept 20,000 tons of plastic a year and convert this waste into over 100,000 barrels of circular petrochemical feedstocks (e.g. Circular-Naphtha) and also into ultra-low sulphur and reduced-carbon fuels.

Justin Jackson, Senior Vice President of Process & Chemicals for the Americas at Wood, said: “We are excited to start this new contract with Clean Planet Energy, a new client for Wood, and work together to realize a significant step toward achieving a circular economy for key materials like plastics. Our people are partnering with our clients to help design the future, and this project is just another example of how we’re bringing sustainable solutions to life today.”

David Nazha, President of Clean Planet Energy, added, “Wood has the level of expertise and experience required to support CPE in this important project. We are confident that this project relationship will help us achieve our mission of enabling the sustainable use of plastics.”

Wood’s team of engineers in Houston, Texas, USA will be primarily responsible for the execution of this project, and as the program progresses, additional hires are anticipated.

Source: Wood

Technip Energies Commences Pre-FEED for Texas Green Fuels Export Complex

Technip Energies has been selected by Texas Green Fuels (TGF) to commence pre-FEED (Front-End Engineering and Design) for the TGF Galveston Bay clean fuels export project. TGF’s export complex will produce industrial-scale, cost-effective, and sustainable fuels such as clean ammonia, hydrogen, and methanol.

Texas’ abundance of low-cost renewable energy, developed infrastructure, competitive skilled workforce, government incentives, and lower construction costs relative to other regions, TGF expects to become one of the world’s lowest-cost producers of clean fuels.

Technip Energies, a world-leading engineering and technology player for the energy transition, will perform pre-FEED which will enable TGF to confirm the technical and economic feasibility of the project. The partnership between Technip Energies and TGF will leverage Technip Energies’ global expertise to extend through EPC (engineering, procurement, and construction) of the TGF complex.

Laure Mandrou, SVP Carbon-free solutions of Technip Energies, commented: “Technip Energies is committed to bringing Texas Green Fuels’ ambitious clean fuels export project to the execution phase as clean fuels made from renewable electricity is an important path to support the world’s energy transition.”

TGF’s mission is to support global net zero objectives that mitigate the adverse impacts of climate change by developing projects that convert the world’s abundant, low-cost renewable electricity into clean fuels. These clean products are produced using renewable electricity for all electricity requirements.

TGF’s Founders and Co-CEOs, David Glessner and Langtry Meyer, are experienced in all facets of mega-energy infrastructure export project development.

David Glessner, co-CEO of Texas Green Fuels stated: “Texas Green Fuels will build upon the strong energy culture in Texas to seamlessly offer sustainable fuels such as clean ammonia, hydrogen, and methanol for both domestic and export markets.” Langtry Meyer addedthat “we’re committed to playing a leading role in this transformative shift” and that “the market for clean fuels will grow rapidly and evolve similarly to LNG.”

The TGF export complex will not only bring economic benefits to the state of Texas but also help reduce carbon emissions for industries such as marine shipping, power generation, and fertilizer. Final investment decision is expected in 2025 with commercial operations commencing in 2028.

Source: Technip Energies

Technip Energies Awarded a Contract for a Low-CO2 Mega Ethylene Plant by CNOOC and Shell Petrochemicals Company Ltd. for Huizhou Phase III Project in China

Technip Energies has been awarded a contract by CNOOC and Shell Petrochemicals Company Ltd. (CSPC) for the Huizhou Phase III project, a mega liquid ethylene cracker located in Huizhou, Guangdong Province, China.

Technip Energies is providing the proprietary technology and process design for CSPC’s 1,600 KTA ethylene plant. This liquid ethylene cracker pioneers the use of a low CO2 furnace design and electrification of major compressors. The plant is anticipated to have 20% lower CO2 emissions than a similar conventional facility and will be able to maximize the benefit from the rapidly decarbonizing power grid for future CO2 emission reduction. 

In addition to the ethylene cracker technology, low emission furnace design scheme and the electrification of the major compressors, Technip Energies will provide key proprietary technology including a Heat Integrated Rectifier System (HRS), Ripple Trays™ and Spent Caustic Treatment Unit. The cracker utilizes Technip Energies’ Ultra Selective Conversion (USC®) U and W coil furnace technology, selected due to its high energy efficiency and improved yields.

Source: Technip Energies

McDermott Awarded EPsCm Contract from Slovnaft

McDermott has been awarded an engineering, procurement services and construction management (EPsCm) contract from Slovnaft, a.s., for the steam cracker intensification off-gas processing project at its plant in Bratislava, Slovakia. 

The project will upgrade the existing steam cracker unit by adding a low-pressure recovery unit, increasing ethylene production capacity utilizing the off-gas from the existing production.

McDermott will provide comprehensive EPsCm services and leverage its strategic agreement with Lummus Technology, the licensor of the steam cracker unit.

“McDermott has a long-standing relationship with Slovnaft, dating back to 2003. This award is testament to our prior performance and the confidence Slovnaft has in us,” said Vaseem Khan, Senior Vice President, Onshore. “Our work with Lummus Technology since the basic design and engineering package phase of the project built our intricate knowledge and understanding of the unit. This project is an excellent example of how, through our strategic agreement with Lummus, we deliver technology solutions through the entire plant life cycle.”

The Slovnaft refinery is one of the most modern refineries in Europe. In addition to oil processing and fuel production, it also produces basic plastics such as polyethylene and polypropylene. The ethylene unit is key to the company’s petrochemical section.

Work on the project will be delivered from McDermott’s center for downstream engineering in Brno, Czech Republic.

Source: McDermott 

JGC Awarded Papua LNG Downstream FEED Project in Papua New Guinea

JGC HoldinJGC Holdings Corporation announced that JGC Corporation which operates the overseas engineering, procurement, and construction (EPC) business of the JGC Group, in partnership with Hyundai Engineering & Construction, was awarded the Front End Engineering Design (FEED) and Engineering, Procurement and Construction (EPC) estimation contract for the downstream liquified natural gas (LNG) facilities for the Papua LNG project in Papua New Guinea, by ExxonMobil on behalf of the venture partners.

The Project calls for the design of approximately 4 million tons per year of LNG liquifaction capacity adjacent to the existing PNG LNG processing facilities located 20 kilometres northwest of Port Moresby, Papua New Guinea, with the natural gas to be sourced from the Elk Antelope gas field. The Project also includes the use of 2 million tons per year of liquefaction capacity in the existing trains of PNG LNG.

The LNG facilities will adopt an “E-Drive” design, where electric motors instead of conventional gas turbines drive the natural gas compressors.This will help reduce CO2 emissions during operations of the LNG facilities.

The role of LNG, with its reduced environmental impact in comparison with other fossil energy sources, is increasingly important in the “energy transition” which is progressing against the backdrop of recent global low-carbon and decarbonization trends. The JGC Group has been responsible for the construction of LNG facilities accounting for more than 30% of world LNG production and is currently executing three projects: a large-scale LNG project in Canada, an FLNG project in Mozambique, and an FLNG project in Malaysia.

As a world-leading engineering contractor in the LNG field, we will continue to aggressively expand our business activities and contribute to energy transition.

Source: JGC 

Doosan Enerbility Signs KRW 1.15tn Contract for Combined Cycle Power Plant in Kazakhstan

Doosan Enerbility announced that it had signed a contract with Turkistan LLP, a subsidiary of Kazakhstan’s sovereign wealth fund Samruk-Kazyna, for constructing the “Turkistan Combined Cycle Power Plant.”  Doosan formed a consortium with Bazis, a local construction company, for the project bidding, resulting in a contract win worth approximately KRW 1.15 trillion for Doosan.

The 1,000MW power plant will be built in Shymkent, a major industrial region located in southern Kazakhstan. Being an EPC project, Doosan Enerbility will be taking on the overall process including the design to equipment supply, installation and commissioning process, all of which is to be completed by August 2026.

“The successful construction of the Karabatan Combined Cycle Power Plant in 2020, despite the challenges of the COVID-19 situation, helped us win the trust of our client, which in turn served as the foothold to win this project,” said Yeonin Jung, President and COO of Doosan Enerbility.  “We will do our utmost to ensure the successful execution of the Turkistan Combined Cycle Power Plant Project, to further solidify our position in the Kazakh power generation market.”

Doosan Enerbility had together with Karabatan Utility Solutions (KUS), a subsidiary of Samruk-Kazyna, won the contract for the 310MW Karabatan Combined Cycle Power Plant in 2015, culminating in the successful construction in 2020. Doosan has been expanding its presence in the global market by successively winning several new build projects for combined cycle power plants in recent years, such as the Ukudu plant project in Guam in 2020 and the Jafurah project in Saudi Arabia in 2022.

Source: Doosan Enerbility

Masdar signs MOU for the development of solar PV projects in Côte d’Ivoire

Masdar, one of the world’s leading clean energy companies, has signed an agreement with the Ministry of Mining, Petroleum and Energy for the Republic of Côte d’Ivoire to explore the development of a solar power plant with a capacity of up to 70 megawatts (MW). 

The agreement was signed in the presence of HE Tiémoko Meyliet Koné Vice President of the Republic of Côte d’Ivoire; HE Sheikh Shakhboot Nahyan Al Nahyan, UAE Cabinet Member and Minister of State in the Ministry of Foreign Affairs and International Cooperation, and HE Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, COP28 President-Designate and Chairman of Masdar. The signatories were HE Mamadou Sangafowa Coulibaly, the Ivorian Minister of Mining, Petroleum and Energy, and Fawaz Al Muharrami, Executive Director of Clean Energy, Masdar. 

HE Mamadou Sangafowa Coulibaly, the Ivorian Minister of Mining, Petroleum and Energy, said, “Côte d’Ivoire has committed under climate change agreements to reduce its greenhouse gas emissions by 32 percent and to increase the share of renewable energies in its energy mix to 45 percent by 2030. In accordance with its commitments, Côte d’Ivoire has drawn up a master plan for the development of its production facilities, which integrates solar, hydroelectricity and biomass. The framework agreement that we have just signed with Masdar, accompanied by a first project of 50 to 70 MW, will contribute, in addition to the other initiatives that the Ivorian government is undertaking, to achieving this ambitious objective.”  

Mohamed Jameel Al Ramahi, Chief Executive Officer, Masdar, said, “As part of Masdar’s new shareholding structure launched in December, we have a goal of delivering 100 GW of clean energy around the world by 2030. With Africa’s massive projected development and growth and low current clean energy penetration levels, we see enormous potential for the renewable energy sector across the continent. This agreement will support Côte d’Ivoire’s clean energy goals and help to drive sustainable economic development for the nation.” 

The agreements were signed under the umbrella of the Etihad 7 initiative, a UAE-led program that aims to raise public- and private-sector funds to invest in the development of Africa’s renewable energy sector, with the aim of achieving 20 gigawatts (GW) capacity to supply 100 million people across the continent with clean electricity by 2035.

As per the agreement, Masdar and the Ivorian Ministry of Mining, Petroleum and Energy will explore the joint development of solar photovoltaic plants in Côte d’Ivoire, starting with a first 50-70-megawatt (MW) plant. The plant would support the Republic of Côte d’Ivoire’s goal of 42 percent of its energy mix coming from renewable sources by 2030.  

With the Côte d’Ivoire signing, there are now five Etihad 7 projects under agreement, with three others signed at ADSW 2023. These include: an agreement with Angola’s Ministry of Energy and Water for the development of renewable energy projects with a total capacity of 2 GW; an agreement with Uganda’s Ministry of Energy and Mineral Development for the development of greenfield renewable projects with a total installed capacity of 1 GW; and an agreement with Zambia’s Ministry of Energy, and Zambian national utility ZESCO Limited for the joint development of solar, wind, and hydroelectricity projects with a total capacity of 2 GW.

Last August, Masdar also signed an agreement with TANESCO, the sole provider of electricity in Tanzania, to develop renewable energy projects with a total capacity of up to 2 GW, also under the umbrella of the Etihad 7 program. The two parties are in the process of finalizing the establishment of a joint venture company to advance this strategic collaboration.

According to the International Renewable Energy Agency (IRENA), less than half of the Sub-Saharan African population has access to electricity. Africa also generates just 20 percent of its electricity from renewable sources. The continent has a theoretical potential capacity of approximately 850 terawatts (TW) of solar and wind, according to a report produced last year produced by Masdar and Abu Dhabi Sustainability Week with analytical support provided by McKinsey & Company.

Masdar has already established a considerable presence in Africa, having formed its Infinity Power Holding joint venture with Egypt’s Infinity to target opportunities on the continent. In November, Masdar, Infinity Power and Hassan Allam Utilities signed an agreement with the Government of Egypt to develop a 10 GW onshore wind project – one of the largest wind farms in the world. The three companies are also cooperating on the development of green hydrogen projects in Egypt, targeting a combined electrolyzer capacity of 4 GW by 2030, and an output of up to 480,000 tonnes of green hydrogen per year. Masdar also has projects in Mauritania, Morocco, and Seychelles.

Source: Masdar

Technip Energies has been awarded a FEED contract for a carbon capture unit project in Baytown, USA

Technip Energies together with Shell Catalysts & Technologies and Zachry Group, have been awarded a Front-End Engineering and Design (FEED) contract for a carbon capture unit project in Baytown, Texas, USA.

The project will be designed to capture two million tons per annum of CO2, which represents 95% of CO2 emissions from processed flue gas from Calpine’s Baytown Energy Center (BTEC) and a natural gas combined cycle power plant (CCGT).

Technip Energies and Shell Catalysts & Technologies have a strategic alliance to collaborate on the marketing, licensing and execution of projects using Shell’s CANSOLV* CO2 Capture System technology. The two organizations recently strengthened this alliance, which began in 2012, to allow them to better respond to the rapidly growing carbon capture and storage (CCS) market and the need for affordable and proven solutions.

Zachry’s scope in the FEED study will include outside battery limits (OSBL) engineering, which includes utility systems, loading and off-loading facilities, operation and maintenance buildings, and site preparation. Zachry will also conduct detailed construction planning and estimating for the overall project, with the ultimate development of a final EPC cost estimate and schedule development.

Calpine’s BTEC is a natural gas-fired power plant that incorporates combined-cycle and cogeneration technologies for highly efficient operations. The plant consists of three combustion turbines with three heat recovery steam generators and has been recognized as a Showcase Plant by the U.S. Department of Energy.

Laure Mandrou, SVP Carbon Free Solutions of Technip Energies, stated, “While we are currently executing the FEED to capture carbon at Calpine’s power plant in Deer Park, we are pleased to also be selected to execute the FEED for this large carbon capture project at its CCGT power plant in Baytown. We are fully committed to support Calpine in its ambition to decarbonize its assets and make this project an industrial success together with our partner Zachry. This award confirms the robustness of our carbon capture offering in partnership with Shell utilizing its CANSOLV® technology and our proven execution capability. We are pleased to continue to grow our footprint in the CCS space in the US and provide a leading contribution to the decarbonization of the power industry.”

Nick Flinn, Vice President, Decarbonisation Technologies, Shell Catalysts & Technologies, said: “We are delighted to have been selected by Calpine for another CCS project. Building on the success of the ongoing Deer Park CCS project, we look forward to developing more learnings and generating more value together with Calpine by deploying theCANSOLV technology at Baytown. By working closely with Technip Energies, which is performing the engineering and procurement of the CANSOLV plant, and Zachary Group, which is performing the balance of plant engineering, procurement and construction for the project, we will deliver a complete end-to-end solution for Calpine that could serve as a blueprint in the industry.”

Mike Kotara, President, Zachry Sustainability Solutions, Zachry Group, stated, “We are excited to support Calpine and to contribute to the design of this significant carbon capture project. Zachry Sustainability Solutions is committed to supporting the energy transition through engineering and construction of decarbonizing technologies, including carbon capture, hydrogen/ammonia, renewable fuels, and nuclear energy.”

Caleb Stephenson, EVP of Commercial Operations, Calpine, commented: “We’re excited about expanding this collaboration, which creates another opportunity for Calpine to provide reliable, clean, and affordable energy 24 hours a day, seven days a week. Our Baytown project is an important part of our far-reaching efforts to showcase the full potential of CCS as a critical emissions-reduction technology and we are eager to continue with its development”.

Source: Technip Energies

Saipem awarded drilling contract in Ivory Coast worth 400 million USD

Saipem has been awarded by the Joint Venture Eni Côte d’Ivoire Ltd. and Petroci a drilling contract offshore the Ivory Coast worth 400 million USD. This value is to be considered gross of the leasing costs of the Deep Value Driller vessel that will be used for the operations.

The contract includes the use of the seventh-generation drillship named Deep Value Driller, one of the most modern in the world, for which Saipem has entered into a charter agreement with the company Deep Value Driller.

Saipem is thus strengthening the competitiveness of its fleet by leveraging its consolidated expertise in the selection and management of technologically advanced vessels.

The award of this contract represents an important consolidation of Saipem’s presence in the Ivory Coast, a strategic area where the company is currently executing the project for the development of the oil and gas field Baleine. Such field was discovered in the recent past thanks to the drilling activities of the Saipem 10000 and Saipem 12000 vessels.

Source: Saipem