Saipem Awarded Two Offshore Contracts from Aramco, Petrobras Worth $1 Billion

Saipem has been awarded two new contracts, one for EPCI offshore activities in the Middle East and the other for the development of underwater drones in Brazil. The overall amount of these new acquisitions is approximately 1 billion USD.

Under the existing Long-Term Agreement (LTA) with Saudi Aramco, Saipem has been selected to be awarded a new offshore project. The scope of work involves the engineering, procurement, construction, and installation of five platforms and associated subsea pipelines, flowlines, and cables in the Marjan field, offshore Saudi Arabia, featuring an entirely in-Kingdom fabrication scheme. The effectiveness of the contract is subject to the fulfilment of the customary conditions precedent.  

With this important award, Saipem further strengthens its long-standing relationship with Saudi Aramco and its strategic positioning in the Middle East.

Furthermore, Saipem has been awarded a contract by Petrobras for the development and testing of an autonomous subsea inspection robotic solution, which will be based on Saipem’s fleet of underwater drones, starting from the Flatfish AUV, as well as the qualification of related autonomous drone-based services, enabling future inspection contract options offshore Brazil.

This contract marks a fundamental milestone for Saipem’s innovative underwater robotics programme and for the global scale utilisation of subsea drones in offshore projects throughout the entire value chain, and it allows to extend to the new features to the Technology Readiness Level 8 (TRL8) achieved on Saipem’s fleet of subsea drones. The potential of these subsea technologies within the offshore domain is vast, both for oil and gas developments as well as for the renewables market segment.

Source: Saipem

Technip Energies Awarded a Project Management Consultancy Contract by the National Bank of Kazakhstan

Technip Energies has been awarded a contract by the National Bank of Kazakhstan for Project Management Consultancy (PMC) services.

As part of this contract, Technip Energies will provide PMC services for the construction of an infrastructure project.

The project will be executed through TKJV LLP, Technip Energies’ locally incorporated joint venture created in 2019 to serve the market by leveraging its engineering and technology capabilities.

Charles Cessot, SVP T.EN X – Consulting & Products of Technip Energies, commented: “We are pleased with the trust placed in us by the National Bank of Kazakhstan. This award marks a significant milestone in the diversification strategy of our PMC portfolio. It is as well in line with our ambition to grow our services activities in the broader CIS region.”

Source: Technip Energies

Maire Tecnimont Awarded Two Petrochemical Contracts Worth $2 Billion in Saudi Arabia

Maire Tecnimont S.p.A. (MAIRE) announced that its Integrated E&C Solutions subsidiaries Tecnimont and Tecnimont Arabia Limited have been awarded two lump-sum turn-key EPC contracts related to a petrochemical expansion at the SATORP Refinery (a JV composed of Saudi Aramco and TotalEnergies), in Jubail, Kingdom of Saudi Arabia. The petrochemical facility will enable conversion of internally produced refinery off-gases and naphtha, as well as ethane and natural gasoline, into higher value chemicals.

The overall value of the contracts is approximately USD 2 billion. The contracts relate to the execution of two packages of the complex, namely the “Derivatives Units” package – which includes a butadiene extraction unit, an olefin extraction unit, a methyl tert-butyl ether unit, a butadiene selective hydrogenation unit, a 2nd stage pygas hydrogenation unit and benzene & toluene extraction unit – and the “High Density Polyethylene (HDPE) & Logistic Area” package, which includes two polyethylene units and the relevant product logistic facilities.

The project’s scope of work entails complete engineering services, equipment and material supply, construction activities, pre-commissioning, and commissioning, and shall have a duration of approximately 4 years.

With this award, the Group’s Year-to-Date Order Intake is over EUR 2.6 billion (including approximately EUR 200 million related to the contract for a fertilizer plant in Egypt, subject to successful execution of the Client’s financing package). Considering the important commercial prospects in the coming months, a very strong second half is expected, which will provide a solid driver to the Group’s growth this year and beyond.

Alessandro Bernini, MAIRE Group Chief Executive Officer, commented: “We are extremely proud of having been selected by Saudi Aramco and TotalEnergies for this major initiative. It is a further recognition of Tecnimont’s world-class capabilities to execute complex projects in complex environments, as well as our undisputed leadership in downstream petrochemicals. These awards will provide a significant addition to our already large 8-billion Euro backlog, increasing revenues visibility in the short- and medium-term. It is also for these reasons, and in a context of continued robust demand, that we keep investing in talent, with almost 600 new engineers added year to date.”

Source: Maire Tecnimont S.p.A.

Hyundai E&C wins $5bn EPC contract for SATORP Refinery expansion in Saudi Arabia

Hyundai Engineering & Construction Co., Ltd. (“HDEC”) has been awarded contracts for two EPC packages related to a petrochemical expansion at the SATORP refinery in Jubail, Saudi Arabia.

Package 1 (Mixed Feed Cracker and Refinery Off Gases) involves installing a Mixed Feed Cracker (MFC) to produce an additional 1,650 KTA (kilo tons per annum) of ethylene and related industrial gases. Package 4 (Utilities, Flares & Interconnecting) relates to installation of facilities that supply utilities such as electricity and water to plants, and functions as interconnecting systems that support main packages within the facilities.

The project is located at Jubail Industrial City, which is about 70 kilometers northeast of Dammam. Once completed, the new petrochemical complex will be one of the largest downstream facilities in Saudi Arabia.

HDEC will execute detailed design, procurement, construction, commissioning, and start-up activities on a lump-sum turn-key basis with a contract value of around $5 billion.

HDEC has proven its capabilities having previously successfully completed projects in Saudi Arabia, including facilities at Khursaniyah Gas Plant and Uthmaniyah Gas Plant.

The award of these new EPC contracts demonstrates the competitiveness of HDEC’s technology and client confidence, helping it maintain a leading position in the Middle East construction market. 

HDEC first set foot in Saudi Arabia in 1975 and subsequently struck a historic deal for the industrial port in Jubail, on the coast of the Arabian Gulf. It has since built its presence in the kingdom, executing over 160 projects with a combined value of $18.3 billion. 

Currently, HDEC is executing 13 projects worth $4.87 billion in Saudi Arabia, including Packages 6 & 12 of the Marjan Oil Field Development Program, Jafurah Package 2, and a number of Transmission Lines and Substation Projects. HDEC is recognized for its outstanding construction and technological prowess by its clients.

Source: Hyundai Engineering & Construction

ACWA POWER AND ENERGY CHINA GROUP CORPORATION SIGN AN EPC CONTRACT FOR TASHKENT PV IPP PROJECT IN UZBEKISTAN

ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, announced the signing of an Engineering, Procurement, and Construction (EPC) contract with Energy China Group Corporation (CEEC) for a solar photovoltaic (PV) project in Tashkent, Uzbekistan.

The Power Purchase Agreement of the project has been signed earlier in March 2023, between ACWA Power and (JSC) National Electric Grid of Uzbekistan (NEGU) and Ministry of Investment, Industry and Trade. The project will form part of Uzbekistan’s ambitious targets to transition to a low-carbon economy as well as diversify its energy sources.

The EPC contract was signed by Mr. Raad Al Saady, Vice Chairman and Managing Director of ACWA Power, and Mr. LYU Zexiang, Chairman of the China Energy International Group Co. Ltd., during a high-level meeting between ACWA Power and CEEC in Riyadh, Saudi Arabia, marking another milestone in their ongoing partnership.

The project is set to bring clean and sustainable energy to Uzbekistan, showcasing the commitment of both organizations to advancing sustainable energy solutions.

Source: ACWA Power

KCA Deutag awarded $70 million of platform drilling contracts in the UK North Sea

KCA Deutag, the global drilling, engineering, and technology provider, has been awarded new contracts and extensions with a total value of over $70 million, with existing clients for the provision of drilling and maintenance services in the UK North Sea.

These awards, each ranging from two to five years, reinforce KCA Deutag’s position as a leading platform drilling contractor in the UK North Sea, and will see the company continue to deliver drilling services, including maintenance, warehousing, inventory procurement, and management on four offshore platforms.

Peter Skinner, UK country manager said: “KCA Deutag has been the drilling contractor of choice on some of these assets since the early nineties and we are delighted to continue our excellent long-term working relationships with our customers in the UK North Sea. These contract awards are recognition of the high standards of safety and operational performance delivered by our teams to date.”

Ole Maier, President of Offshore commented: “The UK North Sea continues to be an important market and we are committed to working with our customers and partners to successfully and safely deliver drilling programmes, well decommissioning work, and innovative solutions for the energy transition in the region.”

Source: KCA Deutag

TechnipFMC Awarded Significant EPCI Contract by Woodside for Julimar Phase 3 Development

TechnipFMC has been awarded a significant contract by Woodside Energy to engineer, procure, construct, and install flexible pipes and umbilicals for the Julimar Phase 3 development, offshore Western Australia.

The Company will tie back four subsea gas wells in the Carnarvon Basin to the existing Julimar subsea infrastructure producing to the Wheatstone platform, using high pressure, high temperature (HPHT) flexible pipe and steel tube umbilicals.

Jonathan Landes, President, Subsea at TechnipFMC, commented: “We have a strong history of solid project execution with Woodside as demonstrated by the successful delivery of the Pyxis, Lambert Deep, and Greater Western Flank Phase 3 projects. We look forward to continuing this collaborative relationship with this award on Julimar Phase 3 as part of our framework agreement.”

Source: TechnipFMC

Veolia awarded an EPC contract for Mirfa 2 Project in Abu Dhabi worth €300 Million

Veolia, the world leader in water technologies, will lead, via its subsidiary SIDEM, a consortium in charge of the engineering, procurement and construction (EPC) on the Mirfa 2 desalination project commissioned by Abu Dhabi National Energy Company PJSC (TAQA) and ENGIE. Located in Abu Dhabi, this  state of the art Reverse Osmosis Desalination (M2 RO) will be the third-largest desalination plant in the United Arab Emirates (UAE). With a production capacity of 550,000 cubic meters per day of potable water, it will provide clean drinking water to approximately 210,000 households while offering increased efficiency and a reduced environmental footprint. The contract represents revenue of approximately 300 million euros for Veolia. Project construction will begin in Q2 2023 so the plant can be commissioned by 2025.

Most of the drinking water used in the UAE comes from the sea. To manage the growth in water consumption and to compensate for the aging of existing facilities, mainly thermal desalination plants, the country has decided to use the latest advanced technologies and engineering processes to increase its desalination capacity while reducing its energy consumption. A strategy that strongly supports the country’s 2050 carbon neutrality ambition.

Relying on Veolia’s worldwide expertise in water desalination, the Mirfa 2 plant will follow the latest developments in environmental and efficiency standards for desalination, featuring advanced technological processes such as reverse osmosis, which represents strong efficiency gains compared to traditional thermal desalination, to lower energy consumption and improve productivity. These technological advancements allow to slash energy use by 80% compared to the 1980s, when thermal desalination was predominant.

“Growing desalination capacities in a sustainable way is crucial, as they are a part of the mix of solutions needed to address water scarcity across the globe, especially in the Middle East. With Mirfa 2 Reverse Osmosis, Veolia continues to raise the bar for environmental and operational standards in desalination, further contributing to the ecological transformation of the sector, which has already made significant progress over the years,” said Estelle Brachlianoff, Chief Executive Officer of Veolia. “This project follows the successful commissioning of four other flagship desalination plants in the past 18 months to bring drinking water to more than six million people in Saudi Arabia, Umm Al Quwain (UAE), Bahrain, and Iraq. This achievement confirms our leading position in water technologies and our commitment to leveraging our expertise and our capacity for innovation to deliver reliable, affordable, and sustainable water access solutions.”

Desalination by reverse osmosis, which is based on membrane filtration, is the most widespread technological solution in countries that use desalination to combat water stress, as it reduces their energy consumption. Since the 1970s, SIDEM, a Veolia subsidiary specialized in desalination operations, has acquired unparalleled experience in this field and has become the world leader, with nearly eight million cubic meters of desalinated water per day.

Source: Veolia

SNC-Lavalin Awarded District Cooling Services EPC Contract for King Salman Park in Saudi Arabia

SNC-Lavalin, a fully integrated professional services and project management company with offices around the world, has been awarded a district cooling services contract by Green Park Cooling Company, a subsidiary of Saudi Tabreed, a leading provider of sustainable district cooling schemes for some of the largest projects in Saudi Arabia, for King Salman Park. A green destination at the heart of Riyadh, the Park is set to foster the Kingdom’s productivity, creativity, and innovation for future generations.

King Salman Park is one of Riyadh’s Four Megaprojects launched by the Custodian of the Two Holy Mosques, King Salman Bin Abdulaziz, in 2019. The Park aims to provide a variety of sports, cultural, artistic, and recreational activities to the residents and visitors of Riyadh. As part of the 27-month contract, SNC-Lavalin will provide engineering, procurement, and construction services for the Park’s district cooling plant with ultimate capacity of 60,000 TR. The services also cover complete design, installation, automation, testing and commissioning of the plant. The design will allow the DCP to be executed in three phases without interrupting the plant operation. The development of detail design will utilize Building Information Modeling (BIM) and state-of-the-art data analytics tools to monitor progress and ensure efficiency in project delivery. 

SNC-Lavalin has built a successful track record of delivering high performing, technologically advanced and reliable district cooling services for the past two decades across the Middle East region,” said Mohamed Youssef, Senior Vice President, Projects and O&M, Engineering Services, Middle East and Africa, SNC-Lavalin. “King Salman Park is a significant development that will improve the quality of life in Riyadh in line with Saudi Vision 2030’s goals of a vibrant and healthy society. We are proud to build on our strong relationship with Saudi Tabreed and deliver this project to the highest quality and safety standards by providing our engineering excellence and digital solutions.”

King Salman Park is built on more than 16km2 to become the world’s largest urban park. It will include vast open green spaces covering more than 11.6km2, one million trees, in addition to the Royal Arts Complex, the National Theater, a 7.2km pedestrian walkway (loop), and a “valley” area in the middle of the park surrounded with art and water features. The Park will contribute significantly to increasing the vegetation in the city and raising the rate of per capita green spaces, which will have a direct and positive impact on the quality of the environment and climate.

As world leaders in district cooling, SNC-Lavalin help clients find an energy-efficient solution that chills both industrial facilities and public and private buildings. Clients who employ district cooling see a reduction in capital and maintenance costs while generating 40 percent fewer carbon dioxide emissions. In the Middle East, the Company is a major provider of district cooling systems to residential buildings, offices, universities, hotels, stadiums, hospitals, and government institutions. For the past two decades, SNC-Lavalin has successfully delivered more than 50 district cooling projects with total capacity of 720,000 TR. 

Source: SNC-Lavalin

NextChem awarded a feasibility study by Marcegaglia to decarbonize their Ravenna steel plant through carbon capture solutions

MAIRE S.p.A. announces that its Sustainable Technology Solutions subsidiary NextChem and Marcegaglia Group (Marcegaglia) have signed a contract for a feasibility study to accelerate the decarbonization of Marcegaglia’s steel plant in Ravenna (Emilia Romagna region, Northern Italy). The study refers to the installation of carbon capture units from flue gases. Upon a successful completion of the feasibility study, NextChem will involve the Group’s Integrated E&C Solutions Business Unit for the execution of the Front-End Engineering Design (FEED).

These solutions, once implemented, have the potential to capture approximately 285 tons per day of CO2 that would otherwise be released into the atmosphere. NextChem will provide a full assessment of the steel plant decarbonization capacity and will define the technical specifications for the carbon capture solutions.

Marcegaglia, a leading industrial group in the steel processing sector worldwide, is actively seeking to reduce its CO2 emission intensity by implementing significant decarbonization activities within the areas of logistics, utilities and energy procurement. This goal is in line with MAIRE’s technological value proposition, aimed at supporting the energy transition activities of an increasing number of clients, not only in the natural resources transformation industry, but also in other hard-to-abate sectors such as steel and cement manufacturing.

Alessandro Bernini, CEO of MAIRE, commented: “We are proud to have been selected by Marcegaglia Group as a trusted partner in their energy transition path in Italy. By developing low-carbon technology solutions, MAIRE Group acts as an enabler of innovation to decarbonize the so called hard-to-abate industries: these sectors are responsible for a large part of the global emissions, reducing them is the key to a greener future”.

Antonio Marcegaglia, Chairman and CEO at Marcegaglia Steel further stated: “With this project in Ravenna, Marcegaglia distinguishes itself as a decarbonization pioneer. We strongly believe that carbon capture solutions can help industries make an important contribution to achieving climate change goals”.

Source: Mairetecnimont

Maire-led consortium awarded a $300 million EPC contract for a fertilizer plant in Egypt

MAIRE S.p.A. announces that a consortium composed by its Integrated E&C Solutions (IE&CS) subsidiary Tecnimont S.p.A and Orascom Construction S.A.E. has been awarded a Lump Sum Turn-Key Engineering Procurement and Construction contract for a Nitric Acid and Ammonium Nitrate plant by KIMA, Egyptian Chemical Industries Company.

The contract value to the consortium is approximately USD 300 million, of which about USD 220 million pertaining to Tecnimont. The finalization of the contract is subject to successful execution of the financing package. The scope of work includes mainly engineering, supply of all materials and equipment – to be performed by Tecnimont – as well as construction activities to be carried out by Orascom Construction. The plant, whose completion is expected in the first half of 2026, will produce 600 tons per day of Nitric Acid, that will be fully transformed into 800 tons per day of fertilizer-grade, granulated, Ammonium Nitrate, which will be sold to local farmers, increasing the yields of their crops, as well as exported to international markets.

This project follows KIMA’s ammonia and urea large plant built by Tecnimont and Orascom Construction and successfully started up in 2020 in the same industrial complex, located in the Aswan Governorship, in Upper Egypt.

Alessandro Bernini, CEO of MAIRE, commented: “We are really honored to keep on supporting a prominent player such as KIMA in the development of the Egypt’s fertilizer value chain. With this award we further consolidate a long-lasting, fruitful relation and strengthen our industrial footprint in North Africa, thanks to our strong capability in executing EPC projects”.

Source: Maire Tecnimont

ADNOC L&S Awarded $975 Million EPC Contract for Construction of Offshore Artificial Island

ADNOC Logistics and Services plc a global energy maritime logistics leader, announced that it has been awarded a $975-million artificial island construction contract by ADNOC Offshore. As part of ADNOC’s In-Country Value program, at least 75% of the total contract value for dredging, land reclamation, and marine construction of an artificial island “G” for the Lower Zakum offshore field, will flow back into the UAE economy. This award is a significant milestone in ADNOC Logistics & Services (ADNOC L&S) strategy to pursue new growth opportunities.

ADNOC L&S’ Integrated Logistics business unit is an end-to-end, fully integrated energy logistics services provider. The provision of Engineering, Procurement and Construction (EPC) services in the integrated logistics business is a new offering by ADNOC L&S in line with its announced strategy to achieve significant ongoing growth, including expansion into new verticals. The EPC market is expected to experience substantial growth in the region in the coming years. The company aims to offer a broader range of services to its customers while facilitating the growth of ADNOC’s upstream and downstream operations.

This is the first major award for ADNOC L&S after it listed on the Abu Dhabi Securities Exchange (ADX) on 1 June 2023 following the highest demand globally for an IPO this year.

Captain Abdulkareem Al Masabi, Chief Executive Officer of ADNOC L&S, said: “Capitalizing on our project management expertise, end-to-end logistics solutions, and strategic partnerships, ADNOC L&S is primed to execute major offshore EPC contracts that support our customers’ ambitious growth plans and deliver value to our shareholders. This contract award for the construction of artificial island ‘G’ exemplifies our strategy to tap into new growth areas, showcasing the expanding range of services we offer to our customers and the trust that ADNOC Offshore has placed in us as their partner of choice.”

The Award is part of Lower Zakum’s Long-Term Development Plan, aiming to safely and sustainably unlock greater value while helping to meet the increasing global energy demand. ADNOC Offshore has extensive experience in deploying the artificial island concept for project delivery, resulting in significant cost savings and environmental benefits compared to conventional approaches that require more offshore installations and infrastructure. With a diverse fleet of 245 vessels and approximately 540 vessels operated and chartered annually, combined with its 1.5 million square meter logistics base in Abu Dhabi and integrated logistics capabilities, ADNOC L&S is the region’s largest shipping and integrated logistics companies. ADNOC L&S is targeting an average annual EBITDA growth in the low teens over the medium term. This growth will be driven by new contract awards, further expansion of its Integrated Logistics Services Platform (ILSP), and optimized redeployment of jack-up barges. 

Source: ADNOC 

Kent Awarded FEED Contract for Grenian Hydrogen’s Six Green Hydrogen Production Sites

Kent, a leading engineering company in the energy, renewables, and low-carbon industries, has been appointed as the Front-End Engineering Design (FEED) contractor for Grenian Hydrogen’s six electrolytic hydrogen projects.

Under the UK Government Department for Energy Security and Net Zero (DESNZ) Net Zero Hydrogen Fund and Hydrogen Business model, Grenian Hydrogen, a joint venture between Progressive Energy, Statkraft, and Foresight, have been awarded funding to further develop six green hydrogen projects within the HyNet cluster in North-West England and North Wales.

Kent was awarded a single FEED study in April 2023 to cover all six sites to develop the projects to an AACE class 3 estimate such that related final investment decisions can be made to progress each of the projects to execution.

The projects will all incorporate PEM electrolysers with Kent as the FEED contractor incorporating the OEM technology design into complete hydrogen production, storage, and delivery facilities.

Matt Wills, Kent Market Director Low Carbon, commented:

“The DESNZ funding requirements impose a strict budget and tight timescale, but Kent will achieve all the project requirements utilising our inhouse hydrogen technology expertise built up over decades of early design and FEED work on Hydrogen developments, including HyNet. We are delighted to be working with the Grenian Hydrogen team to develop a standardised design and layout that offers cost savings through replicability for the portfolio of projects. This cluster of projects is a huge step forward for the future viability of green hydrogen, and we are proud to play our part.”

The projects, ranging from 10MW to 30MW green hydrogen production for 100% fuel switching or blending, will be co-located at six different sites, the Protos Energy Park and at large manufacturing plants in St Helens, Stretford, Middlewich and Winnington.

Source: Kent

Technip Energies, LyondellBasell and Chevron Phillips Chemical Sign MOU for Electric Cracking Ethylene Furnace

Technip Energies, LyondellBasell, and Chevron Phillips Chemical (CPChem) announced the signing of a Memorandum of Understanding (MoU) for the design, construction and operation of a demonstration unit for Technip Energies’ electric steam cracking furnace technology (eFurnace by T.EN™) to produce olefins. The demonstration unit will be located at LyondellBasell’s site in Channelview, Texas, USA, and is designed to prove the technology at industrial scale.

Steam cracking furnaces play a significant role in the production of basic chemicals by breaking down hydrocarbons into olefins and aromatics. This cracking process requires a temperature of more than 1,500°F (850°C).

Technip Energies, a leader in the ethylene market, developed the concept and design for the e.Furnace by T.EN™ technology, which could achieve this temperature using electricity as the heat source. The use of renewable electricity in this process would contribute to significantly reducing GHG emissions associated with olefins production.

Arnaud Pieton, CEO of Technip Energies, stated: “We are delighted to team up with LyondellBasell and CPChem to bring the eFurnace by T.EN™to fruition. Consistent with our purpose to engineer a much-needed sustainable future Technip Energies is making huge strides toward reducing the COemissions resulting from the production of ethylene and this design will enable olefins producers to take advantage of the growing supply of available renewable energy to operate the most energy-intensive part of the plant.”

Peter Vanacker, CEO of LyondellBasellsaid: “We are taking decisive steps toward reducing our absolute scope 1 and 2 greenhouse gas emissions, while creating solutions for everyday sustainable living. Deployment of an industrial-scale electric cracking furnace is one option we are considering in this space because of its ability to reduce furnace GHGemissions by up to 90% compared to a conventional furnace. Our Channelview site has the infrastructure, and our people have the expertise to test this advanced furnace technology and help our industry accelerate climate action.”

Bruce Chinn, President and CEO of Chevron Phillips Chemical, said: “Climate change is a global issue that will take action from all segments of society, and we want to be part of the solution by reducing the intensity of our carbon footprint. This project supports our efforts toward lowering the carbon intensity of our operations and demonstrates our continued focus on accelerating change for a sustainable future.

Source: Technip Energies

MAIRE awarded early engineering works for a green fertilizer complex in the United States

MAIRE S.p.A. announces that its subsidiary KT-Kinetics Technology (KT), part of the Integrated E&C Solutions (IE&CS) business unit, has been awarded the early engineering works for the realization of a new green fertilizer complex in North America by a group of private investors.

The process units under the scope of KT will include ammonia, urea, nitric acid and will produce green urea ammonium nitrate (UAN) as final product to be distributed in the local fertilizer market.

The early works, to be carried out on a reimbursable basis, are aimed at defining the design and the main aspects of the project. Upon successful completion of the early works, and subject to the client’s final investment decision, the activities will enter into the Engineering, Procurement, and Construction phase, which will be carried out by MAIRE’s IE&CS subsidiaries. Together with KT, the project will engage Tecnimont USA as MAIRE’s local entity, NextChem as technology integrator, and Stamicarbon as licensor for the green ammonia technology, also in charge of the other process units included in the scope.

Once completed, the project will be one of the biggest facilities in North America entirely dedicated to the production of green fertilizers. The synergistic approach between the two business units demonstrates MAIRE’s capability to manage complex works in a distinctive region like the USA and in the growing energy transition market.

Alessandro Bernini, CEO of MAIRE, commented: “We are proud to start this breakthrough project, which represents one of the biggest green fertilizer initiatives to date in the US, a country amongst the most promising markets to pave the way to further industrial scale decarbonization initiatives. The synergies between our two business units, Sustainable Technology Solutions and IE&CS, allowed us to achieve this strategic milestone, acting as a one-stop provider of technology and high-value engineering solutions to accelerate the energy transition”.

Source: Maire Tecnimont

L&T Construction is all set to create Renewable Energy Infrastructure for the World’s Largest Green Hydrogen plant at NEOM

The Power Transmission & Distribution Business of Larsen & Toubro has achieved important milestones for the Power Elements and Grid packages of the world’s largest green hydrogen plant being built by NEOM Green Hydrogen Company.  Located at Oxagon in Saudi Arabia’s region of NEOM, NEOM Green Hydrogen Company (NGHC) is an equal joint-venture by ACWA Power, Air Products and NEOM. 

NGHC is setting up a mega plant to produce green hydrogen at-scale for global export in the form of green ammonia with a total investment of USD 8.4 billion.  Supported by 23 local, regional, and international banking and financial institutions, the project has now achieved full financial close and construction is moving forward. 

A few quarters back, L&T received the nod to establish the Renewable Energy Generation, Storage and Grid infrastructure, from Air Products, the system-integrating EPC Contractor and exclusive off-taker of green ammonia to be produced from the project.  The value of the packages awarded to L&T aggregate to USD 2.779 billion. Since then, significant progress has been achieved in various activities including surveys, design & engineering, establishment of temporary facilities and procurement of long lead items. 

Under these contracts, L&T will engineer, procure, and construct a 2.2 GWac PV Solar Plant, 1.65 GW Wind Generation Balance of Plant and a 400 MWh Battery Energy Storage System under the Power Elements package. It will also construct 3 Nos of 380 kV Switching Stations, 306 KM of 380 kV Overhead lines and UG Cables required to the Kingdom’s Grid network. The scope also includes the Energy Power Monitoring System (EPMS) for the complete network. 

Appreciating the bold vision of the Kingdom and the project proponents, the CEO and MD of Larsen & Toubro, Mr. S. N. Subrahmanyan said, “Such initiatives at scale have the potential to speed up global energy transition. Also, these technology-led projects are aligned with L&T’s aspirations towards propelling our next wave of growth and reflect the customer’s trust in our commitment to professionalism, timely delivery, and quality”. 

Commenting on the development, Mr. T Madhava Das, Whole-Time Director & Sr. Executive Vice President (Utilities), Larsen & Toubro said, “We are proud to be associated with the project that will integrate 4GW of renewable energy to enable production of up to 600 tonnes of carbon-free hydrogen per day.” 

In a recent statement, Wolfgang Brand, Vice President of NEOM Green Hydrogen from Air Products, the prime EPC contractor and system integrator for the entire facility, expressed enthusiasm for the progress made towards the world’s largest green hydrogen production facility in NEOM. “We are pleased to commence the full execution of this lighthouse project and are proud to work with our partner L&T in their ambition to produce carbon-free hydrogen using renewable energy,” said Mr. Brand. 

“NGHC is excited to be leading the global energy transition and having the right partners is essential in making this happen, so we are thrilled to be working with Larsen & Toubro on our green hydrogen generation, grid infrastructure and storage”, added David R. Edmondson, CEO of NEOM Green Hydrogen Company.

Source:Larsen & Toubro