Marubeni, HZI & JOIN consortium has won a contract for Abu Dhabi Waste-to-Energy Project

Marubeni Corporation alongside Hitachi Zosen Inova AG and Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development (hereinafter, “JOIN”), has concluded a concession agreement with Emirates Water and Electricity Company (hereinafter, “EWEC”) and Tadweer Group for the Abu Dhabi Waste-to-Energy Project (hereinafter, the “Project”), to be deployed in the Emirate of Abu Dhabi, in the UAE.

Marubeni, through a special purpose company to be jointly owned by a consortium consisting of Marubeni, HZI, and JOIN in cooperation with Tadweer Group, will construct, operate, maintain, and own the Waste-to-Energy plant, with an annual capacity for the treatment of 900,000 tons of waste and for 80MW power generation. This will be the first Waste-to-Energy plant in Abu Dhabi and will be owned and operated for 30 years, with EWEC procuring the electricity produced over that period.

Through the Project, the method used for waste treatment will transition from landfilling to incineration, thereby reducing methane gas emissions from landfills, with the expectation of attendant reductions in CO2 emissions to an equivalent of 1.1 million tons per year. 

Marubeni will continue to contribute to the development of a sustainable society through stable waste treatment, utilizing its experience in business development of this project as well as the track record in the construction of the plant in the waste treatment sector, where further growth is expected going forward.

Source: Marubeni Corporation

McDermott Awarded Offshore Contract from PTTEP

McDermott has been awarded a sizeable offshore transportation, installation and commissioning contract from PTTEP Sabah Oil Limited (PTTEP) for the Kikeh subsea gas lift project, located 75 miles (120 kilometers) northwest of the island of Labuan, offshore Sabah in East Malaysia.

Under the scope of the contract, McDermott will remove the existing flexible gas lift riser and perform the installation and commissioning of a new dynamic riser section and flowline comprised of two thermoplastic composite pipe jumpers. This will enable gas delivery to a subsea production system tied back to the Kikeh floating production, storage and offloading (FPSO) vessel.

“McDermott is uniquely positioned to deliver this project, having performed the installation of subsea infrastructure in the Kikeh field between 2011 and 2012, and again in 2014, in the nearby Siakap North-Petai field,” said Mahesh Swaminathan, McDermott’s Senior Vice President, Subsea and Floating Facilities. “We pioneered reel-lay installation for pipe-in-pipe production and water injection flowlines in the region, underscoring our commitment to engineering innovation. Returning to the Kikeh field not only reaffirms our expertise, but also presents another opportunity to deliver exceptional results through our unmatched experience in offshore transportation, subsea installations, and commissioning.”

Project management and engineering will be executed from Kuala Lumpur, Malaysia, with support from other McDermott offices.

Operated by PTTEP on behalf of partner Petronas Carigali and PT Pertamina Malaysia Exploration Production, the Kikeh field has been producing from the existing Kikeh FPSO since 2007. The Kikeh FPSO is the first and largest deepwater FPSO in Malaysia.

Source: McDermott

AG&P Wins Major Indonesia LNG Infrastructure Project

AG&P LNG, majority-owned by Nebula Energy, announced that its subsidiary PT AGP Indonesia Utama (AG&P Indonesia), along with consortium members Suasa Benua Sukses (SBS) and KPMOG, collectively referred to as the Consortium, has won a large-scale 20-year contract for LNG infrastructure from PLN EPI in Indonesia. The tender was awarded to AG&P LNG for the co-development, ownership and operations of LNG import terminal infrastructure and downstream logistics in seven locations within the Sulawesi-Maluku cluster in Indonesia. The customer and co-shareholder in this facility will be PT PLN Energi Primer (PLN EPI), a wholly owned subsidiary of PT PLN (Persero) Indonesia.

AG&P Indonesia, along with its Consortium members, will establish a joint venture (JV) with PLN EPI to collaborate on the design, financing, construction, ownership, and operations of all offshore and onshore infrastructure within the Sulawesi-Maluku cluster LNG terminals. This infrastructure includes the LNG Carrier (LNGC), Floating Storage and Regasification Unit (FSRU), and multiple onshore regasification sites. The aim is to supply LNG and natural gas to seven power plants with a cumulative capacity of 1,510 MW.

Mr. Karthik Sathyamoorthy, CEO of AG&P LNG said, “The Sulawesi-Maluku cluster LNG terminals project epitomizes Indonesia’s steadfast commitment to LNG-based infrastructure for power generation and will support the country’s overall goal to reduce the usage of liquid fuel by about 1.7 million kiloliters per year across all clusters. AG&P LNG is honored to partner with PLN EPI in this project of national importance, fostering a robust partnership for years to come.” Mr. Rakhmad Dewanto, Director Gas and Fuel PLN EPI said, “PLN EPI as the soul of supply of gas/LNG for Indonesia’s power generation is currently developing both portfolio LNG supply and LNG midstream infrastructures for power sector. We are excited about our joint venture with AG&P LNG and its Consortium members. This partnership will be pivotal to the development of LNG midstream infrastructures to Power cluster project in Indonesia, where Sulawesi-Maluku cluster is the largest. PLN EPI will be responsible to supply the LNG from its portfolio and trust that the Consortium members will deliver the project timely in the first half of 2026. This will be a milestone in our country’s continued transition towards more reliable and cleaner energy.” Mr. Sam Abdalla, CEO of Nebula Energy and Vice Chairman of AG&P LNG, expressed enthusiasm about the collaboration, saying, “We are thrilled to collaborate with PLN EPI and embark on the development of this large-scale infrastructure investment in Indonesia. Nebula Energy recently signed on to membership in Indonesia’s Carbon Capture and Storage Center (ICCSC) as a technology provider. These partnerships with ICCSC and PLN EPI align with our company’s vision of promoting sustainable energy development through global clean energy infrastructure investments”.

AG&P LNG has a substantial growth pipeline with a total of 6 LNG terminals in development with proposed capacity of 25 MTPA across several international growth projects. Among its LNG terminal project portfolio, AG&P LNG is the operator of the first LNG import and regasification terminal in the Philippines, the Philippines LNG (PHLNG) Import Terminal located in Batangas Bay. Earlier this month, on March 7th, AG&P LNG announced the acquisition of a 49% stake in Cai Mep, a US$ 500M fully constructed LNG Import Terminal, with a capacity of 3 MTPA, expandable to 6 MTPA, and one of the only two existing LNG terminals in Vietnam.

Source: AG&P

AtkinsRéalis has been Awarded a FEED Contract to Develop Leading Hydrogen Hub in Canada

AtkinsRéalis has been awarded a contract by TESCanada H2 Inc. (“TESCanada”) to provide front end engineering and design services for their Projet Mauricie green hydrogen hub in Quebec.

“Energy secure and affordable Net Zero grids will be needed as we electrify a larger portion of our economies,” commented Ian L. Edwards, President and Chief Executive Officer, AtkinsRéalis. “Green hydrogen provides an attractive clean energy option for hard to decarbonize sectors. We’re pleased to deliver our clean energy engineering expertise to advance the green hydrogen ecosystem and ensure a successful energy transition.”

TESCanada’s Projet Mauricie is an innovative renewable energy initiative that aims to accelerate the energy transition by producing up to 70,000 tonnes per year of green hydrogen, which will be used to decarbonize industrial processes and heavy transportation in Quebec. The project will reduce emissions by 800,000 tonnes CO2eq per year supporting Quebec’s decarbonization objectives. As part of the project, clean electricity will largely be supplied by new, purpose-built renewable power generation including wind and solar farms totalling 1,000 MW. Expected to be commissioned in 2028, it is one of the largest clean hydrogen projects in Canada. It is also amongst the largest decarbonization projects announced in Quebec to date.

Source: AtkinsRéalis

ADNOC Signs Second Long-Term Heads of Agreement for Ruwais LNG Project

ADNOC has announced the signing of a 15-year Heads of Agreement (LNG agreement) with SEFE Marketing & Trading Singapore Pte Ltd., a subsidiary of Germany’s SEFE Securing Energy for Europe GmbH, for the delivery of 1 million metric tonnes per annum (mmtpa) of liquefied natural gas. 

The LNG will primarily be sourced from ADNOC’s lower-carbon Ruwais LNG project, currently under development in Al Ruwais Industrial City, Abu Dhabi. The Ruwais LNG plant has been designed to run on clean power and will leverage the latest technologies and Artificial Intelligence (AI) tools to drive efficiency. This is the second long-term LNG supply agreement from the Ruwais LNG project, following the 15-year agreement with China’s ENN Natural Gas signed in December 2023. The deliveries are expected to start in 2028, upon commencement of the facility’s commercial operations.

Fatema Al Nuaimi, Executive Vice President, Downstream Business Management at ADNOC said: “This LNG agreement, the first with a European company from the Ruwais lower-carbon LNG project, underscores ADNOC’s position as a reliable and responsible global energy provider. Gas accounts for almost a quarter of Germany’s primary energy use, and we look forward to supporting its efforts to diversify its energy sources and enhance its energy security.” 

This LNG supply agreement reinforces the Energy Security and Industry Accelerator (ESIA) agreement, signed by the UAE and Germany in 2022, further strengthening bilateral cooperation in energy security, decarbonization and climate action. It builds upon ADNOC’s delivery of the first LNG cargo from the Middle East to Germany in 2023.

Frédéric Barnaud, Chief Executive Officer of SEFE Marketing & Trading and Chief Commercial Officer of SEFE, said: “SEFE and ADNOC have a long and productive partnership, spanning over 15 years. This LNG supply agreement for the Ruwais LNG project, set to be one of the lowest-carbon intensity LNG projects in the world, marks the start of a new chapter. We aim to further build on our existing relationship and explore joint low-carbon energy developments.” 

Natural gas plays a crucial role as a transitional fuel, generating lower-carbon emissions compared to other fossil fuels. The Ruwais LNG project is set to be the first LNG export facility in the Middle East and North Africa region to run on clean power. When completed, the project, which consists of two 4.8mmtpa LNG liquefaction trains with a total capacity of 9.6mmtpa, will more than double ADNOC’s LNG production capacity to around 15mmtpa, to help meet increased global demand for natural gas. The project is being designed to leverage AI, digitalization and the latest advanced technology to drive efficiency and safety across the new facility.  

The LNG agreement is contingent upon a final investment decision (FID) on the project, including regulatory approvals, and the negotiation of a definitive Sale and Purchase Agreement between the two companies. 

Source: ADNOC

Wood JV secures new framework agreement with Shell in Trinidad & Tobago

Wood’s joint venture company, Massy Wood, has secured a five‑year framework agreement with Shell Trinidad and Tobago (Shell), for the delivery of engineering projects and asset support in Trinidad and Tobago.

This agreement will support Shell’s onshore and offshore assets, providing a suite of services that includes turnaround support for their mature brownfield assets and supporting new greenfield projects.

Steve Nicol, Executive President, Operations at Wood comments: “This agreement is a strategic achievement for our team in Trinidad, solidifying Massy Wood as the front-runner of asset integrity in the region. We are dedicated to supporting our clients today through asset management and upgrades delivering energy security to the region.”

Shawn Combden, Wood’s President of Operations, Americas, said: “This award is built on our long-standing relationship with Shell where we have a reputation for delivering high quality projects with an excellent safety record. This win provides significant opportunities for our local teams to continue their commitment to deliver the future of energy through process and operational improvements as we move closer to net-zero.”

Massy Wood’s 1,000-strong team based in Trinidad has supported Shell in Trinidad & Tobago since 2018.

Source: WoodPlc

Petrofac has been awarded a $200M operations contract from Turkmengas at the Galkynysh Gas Field

Petrofac, a leading provider of services to the global energy industry, has been awarded an operations contract from Turkmengas at the Galkynysh Gas Field, in Turkmenistan.

The three-year contract, valued at over US$200 million includes: provision of personnel to supervise and support operations and maintenance activity; the provision of technical support and procurement services; and the development and implementation of management systems to support efficient operations of the Galkynysh Gas Field Central Processing Facilities 1 and 1A. No performance guarantees are required to be posted in relation to this contract.

Delivery of the Galkynysh Gas Field project, for state-owned Turkmengas, was one of the largest engineering, procurement, construction and commissioning (EPC) projects delivered by Petrofac’s Engineering & Construction business unit. The contract to develop the world’s second largest gas field was awarded in 2009, and completed in 2013.

Located near Yoloten (Mary Province, Turkmenistan), the facilities Petrofac will now support, have an equal capacity of 10 BCMA which delivers 20 BCMA to the export pipeline. The gas field ensures revenue for Turkmenistan’s economy, as well as domestic energy supply.

Chief Operating Officer of Petrofac’s Asset Solutions business, Nick Shorten said:

“Petrofac has a proud history of working with Turkmengas. The expansion of our relationship is testament to our track record of delivering value to customers’ operations. Securing this contract further demonstrates our strategy to expand Asset Solutions’ geographic reach.

“We look forward to continued collaboration with Turkmengas, enhancing safe and reliable operations.”

Source: Petrofac

TechnipFMC Awarded to Deliver the First All-Electric iEPCI™ for CCS Project

TechnipFMC has been selected to deliver the first all-electric integrated project by the Northern Endurance Partnership (NEP), a joint venture between bp, Equinor, and TotalEnergies. The NEP is building carbon dioxide transportation and storage infrastructure for carbon capture projects in the United Kingdom’s East Coast Cluster.

TechnipFMC will use its integrated Engineering, Procurement, Construction, and Installation (iEPCI™) execution model to deliver this project. The Company’s all-electric solution will collect and feed the pressurized gas into an aquifer for permanent storage. 

This contract covers the supply and installation of an all-electric subsea system, including manifolds, umbilicals, and pipe.

An all-electric system drives simplification of the field design, enabling the reduction of infrastructure and installation time through the removal of hydraulic components and simplified umbilicals. The technology also enables the development of projects over long distances.

Luana Duffé, Executive Vice President, New Energy at TechnipFMC, commented: “This is a significant milestone for both our company and industry. Using proprietary CO2.0® technology, we have extended our Subsea 2.0® platform with the development of the industry’s first all-electric system for carbon transportation and storage. With this award, we are demonstrating how the competencies established in traditional energies are at the very core of the energy transition.”

The NEP project will leverage TechnipFMC’s strong local presence across the UK. The full contract award is subject to the receipt of regulatory clearances and final investment decision, expected in late 2024.

Source: TechnipFMC

Saipem has signed a LOI for the development of CO2 offshore transportation & storage facilities in the UK

Saipem has signed a Letter of Intent, received by the Northern Endurance Partnership (NEP), a joint venture between the operator bp, Equinor, and TotalEnergies, and Net Zero Teesside Power (NZT Power), a joint venture between bp and Equinor, stating that the company has been selected for the award of the NEP and Net Zero Teesside Power (NZT) projects. The two projects are related to the development of CO2 offshore transportation and storage facilities to the East Coast Cluster in the United Kingdom.

The final award to Saipem is subject to the receipt of relevant regulatory clearances and positive Final Investment Decisions (FID) by the projects and UK government, planned for September 2024 or earlier.

Saipem’s scope of work covers the Engineering, Procurement, Construction and Installation of a 28” and approximately 145 Km offshore pipeline with associated landfalls and onshore outlet facilities for the NEP project, and the Engineering, Procurement, Construction and Installation of the water outfall for the Net Zero Teesside Power (NZTP) project.

The pipeline offshore operations will be performed by Saipem’s flagship vessel Castorone, and the nearshore operations will be performed by the Saipem’s shallow water pipelay Castoro 10.

When completed, the Projects will serve the East Coast Cluster in Teesside with the transportation and storage of around 4 million tonnes of CO2 per year from 2027.

This letter of intent consolidates Saipem positioning in the low and zero carbon segments, thanks to a unique combination of engineering and technology know-how, competencies and assets along the whole Carbon Capture and Storage value chain.

Alessandro Puliti, Chief Executive Officer, Saipem said: “We are extremely proud to be the selected contractor for the offshore CO2 pipelines and associated facilities of NEP and NZT contracts. Saipem is fully committed to provide the best competences and its flagship vessel Castorone to support NEP and NZTP partnerships and contribute to the realization of the first zero-carbon industrial hub in the North-East of England and the achievement of the UK’s Net Zero targets”.

Source: Saipem

KBR Awarded Project Management Contract for Sonangol’s New Lobito Refinery Project

KBR announced it has been awarded a project management contract by Sonangol for the design and construction of a new 200,000bpd refinery in Lobito, Angola. 

Under the terms of the contract, KBR will provide services encompassing the project management of engineering, procurement and construction phase execution. The Lobito Refinery Project is one of the most significant energy infrastructure projects in the region and will contribute to Angola’s energy independence. The project will also contribute to significant job creation and economic development of this region. Upon completing the Lobito Refinery Project, Angola is expected to have a 200% increase in the capacity to produce fuel products within the country in an efficient and sustainably improved approach.

This award further extends the more than twenty-year long partnership between KBR and Sonangol in the development of essential natural resources in Angola. KBR completed the FEED phase of the project earlier in 2023, providing a cost competitive design that met Sonangol’s business objectives while meeting the advanced emission standards required in the industry. In line with our strategy in energy transition to provide more environmentally friendly solutions, KBR’s FEED design also meets 2030 African and European Product Specifications with river water consumption and waste-water treatment requirements reduced by 30% as a result of KBR’s innovation in the refinery’s cooling system design.

“We are excited to be a part of this important project and to continue to grow and maintain a substantial presence in the region,” said Jay Ibrahim, President, Sustainable Technology Solutions. “This win is indicative of KBR’s strategic commitment to offer differentiated technical services that support Angola’s sustainable development goals.”

For more than 100 years, KBR has provided holistic and value-added solutions across the entire asset life cycle. Our leading experts have helped design and deliver world-class refinery and petrochemical plants across the globe. 

Source: KBR

Equinor awards KCA Deutag over $450 million of drilling and maintenance contracts

KCA Deutag, a leading drilling, engineering and technology partner, has secured new contracts and extensions worth a total value in excess of $450 million from Equinor in Norway.

In addition to a four-year extension for their existing contract scope covering five platforms across the Oseberg and Kvitebjørn fields, KCA Deutag has also been awarded additional work to deliver drilling, maintenance and engineering services to a further two platforms.

The additional scope, covering the Njord and Heidrun platforms significantly strengthens KCA Deutag’s presence in the Norwegian North Sea where the company also has a separate agreement with Equinor for the management, operation and maintenance of the Askepott and Askeladden Cat J jack-up rigs.

Ole Maier, President of Offshore, commented: “This award of an additional scope as well as a contract extension underscores the strong performance of our teams in Norway and our dedication to delivering innovative solutions and technology that improve the efficiency and safety of Equinor’s operations.

“We look forward to the continuation of our successful collaboration with Equinor as we collectively strive to ensure a safe and sustainable energy future.”

Source: KCA Deutag

ADNOC Issues Early EPC Award for Ruwais LNG Project

ADNOC announced that it has issued a Limited Notice to Proceed (LNTP) for early engineering, procurement and construction (EPC) activities to a joint venture, led by Technip Energies, with JGC Corporation and National Petroleum Construction Company PJSC for its low-carbon liquefied natural gas (LNG) project in Al Ruwais Industrial City, Abu Dhabi.

With the Final Investment Decision (FID) expected this year, the Ruwais LNG project is set to be the first LNG export facility in the Middle East and North Africa region to run on clean power, making it one of the lowest-carbon intensity LNG plants in the world. 

Fatema Al Nuaimi, Executive Vice President, Downstream Business Management at ADNOC, said: The Ruwais LNG project will reinforce ADNOC’s position as a reliable global natural gas supplier, underscoring its pivotal role and contribution to global energy security. The project is set to significantly contribute to the Al Dhafra region’s economy by boosting the local industrial ecosystem, attracting further investments and creating a vital energy trade gateway in Al Ruwais Industrial City.”

Once completed, the project will consist of two 4.8 million metric tonnes per annum (mmtpa) LNG liquefaction trains with a total capacity of 9.6mmtpa, and is set to more than double ADNOC’s LNG production capacity, from 6mmtpa to around 15mmtpa.

Natural gas is a key transition fuel and the low-carbon LNG project in Al Ruwais Industrial City underscores ADNOC’s commitment to decarbonization, sustainability and innovation. 

Source: ADNOC

Worley has been Awarded Services Contracts by Shell for 200-MW Hydrogen Project in Netherlands

Worley has been awarded services contracts by Shell supporting the delivery of Europe’s largest renewable hydrogen project located in the Port of Rotterdam in the Netherlands.

The contracts continue the close collaboration between Shell and Worley since late 2020, when we provided early engineering services for this project.

Under these contracts, Worley will provide detailed design and procurement, and construction management support services including the critical integration needed with key vendors and other assets such as offshore wind, pipelines, electrical grids and the refinery.

The 200MW electrolyzer will be powered by renewable energy from an offshore wind farm that is currently under development. Once complete, HH1 will be the largest commercial renewable hydrogen production facility in Europe. It will produce around 60,000 kg of hydrogen per day, enough to keep 2,300 hydrogen trucks rolling.

The renewable hydrogen produced will initially be used at Shell’s Energy and Chemicals Park in Rotterdam to partially decarbonize the production of fossil fuels and support the industrial use of hydrogen in the heavy transportation industry.

Work will be based in our office in The Hague and supported by our Global Integrated Delivery team in Mumbai. It will also leverage our global hydrogen subject matter experts and capabilities.

Mark Trueman, Group President and Shell Account Executive Sponsor said, “The Holland Hydrogen 1 project showcases the critical partnership between our companies required to develop innovative large-scale renewable hydrogen infrastructure. We appreciate Shell’s confidence and are committed to working with Shell and the other key vendors to deliver this important project.”

Source: Worley

Air Liquide and Vopak Sign MoU to Develop Ammonia & Hydrogen Distribution Facility in Singapore

Air Liquide and Vopak have signed a Memorandum of Understanding to collaborate on the development and operation of infrastructure for ammonia import, cracking and hydrogen distribution in Singapore. 

Ammonia is considered as one of the low-carbon fuels for power generation and the maritime industry. As a hydrogen carrier, it is one of the most efficient ways to store and transport hydrogen. Leveraging on an established global supply chain and infrastructure for ammonia production, transportation and utilization, once transported, ammonia can be converted into hydrogen to contribute to the decarbonisation of industry and mobility. 

As such, the parties will study and explore the joint development of low carbon ammonia supply chains in Singapore, including the potential development of ammonia cracking facilities, associated ammonia storage and handling infrastructure at Vopak’s Banyan terminal, and the distribution of low-carbon hydrogen through a hydrogen pipeline network. This collaboration aims to support  Singapore’s National Hydrogen Strategy, focusing at driving advanced hydrogen technologies with high commercial readiness to establish low-carbon hydrogen supply chains.

Zhang Xi, Southeast Asia Cluster Vice President, and Managing Director of Air Liquide Singapore said, “Air Liquide is committed to partnering with industry partners, such as Vopak, to offer innovative and sustainable solutions in support of Singapore’s decarbonisation efforts. Air Liquide’s industrial scale ammonia (NH3) cracking pilot plant is under construction in Belgium. We are proud to apply our expertise to crack low carbon ammonia into low-carbon hydrogen, aimed at reducing carbon emissions in industrial basins and hard to abate sectors, advancing towards a more sustainable future.”

Rob Boudestijn, President of Vopak Singapore said, “Hydrogen and ammonia have the potential to significantly contribute to Singapore’s transition towards a low-carbon economy. As Singapore gears up for receiving and handling ammonia for power generation and bunkering, cracking of ammonia into hydrogen presents an additional application to help the industry shift to lower carbon feedstock. We are excited about collaborating with Air Liquide to accelerate the adoption and commercialization of industrial ammonia cracking in Singapore.”

Source: VOPAK

Tecnimont awarded Petrochemical Contract by SONATRACH in Algeria worth $1.1 billion

MAIRE announced that its subsidiary Tecnimont (Integrated E&C Solutions) has been awarded by SONATRACH through a tendering process an EPCC (Engineering, Procurement, Construction and Commissioning) contract for a new linear alkyl benzene (LAB) plant in the industrial zone of Skikda, located 350 km east of Algeria.

LAB is a cost-effective and biodegradable intermediate used in the production of household detergents, industrial cleaners and surfactants.

The contract value is approximately USD 1.1 billion. The scope of the project entails the implementation of a new LAB plant with a production capacity of 100,000 tons per year, and the associated utilities, offsites and interconnections with the existing facilities. The completion of the project is scheduled within 44 months from the contract’s effective date.

Alessandro Bernini, Chief Executive Officer of MAIRE Group, commented: “We are honored to consolidate 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 further strengthens our footprint in Algeria and allows the valorization of the downstream petrochemical value chain, where we are the undisputed world leader.”

Source: MAIRE

Kalpataru Selected for EPC Contracts by Aramco for MGS‐3 Project

Kalpataru Projects International Limited (KPIL), formerly Kalpataru Power Transmission Limited, one of the largest Engineering, Procurement and Construction (EPC) companies listed in India, has announced that it has received Letter of Intent (LoI) from Saudi Arabia’s energy major, Aramco, for carrying out EPC work for three packages of the third expansion phase of the Master Gas System Network (MGS‐3) in Saudi Arabia. The EPC scope covers laying of over 800 kms of lateral gas pipeline. The exact contract value of the three packages will be confirmed upon contract execution.

The MGS‐3 aims to expand the existing gas network in order to provide gas supply to various industrial consumers in the region. This expansion of the gas network is expected to enhance the ability to meet the growing energy demand in Saudi Arabia and replace liquid fuel burning, contributing to Saudi Arabia’s drive towards a diverse energy mix. KPIL is delighted to be collaborating with Aramco towards supporting energy security and reliability.  

With roughly two decades of experience in cross‐country pipelines, processing facilities, refineries and fertilizer plants, KPIL has successfully commissioned over 10,000 kms of oil and gas and water pipelines and embraces best global practices in areas like project management, quality and health safety environment (HSE).  

Manish Mohnot, MD & CEO, said, “We are delighted and truly proud to be entrusted by Aramco to undertake EPC work for the MGS‐3 project. This is a sizable EPC order, representing a significant milestone and reaffirmation of global acknowledgement of our capabilities. KPIL is focused on strengthening its presence in the oil and gas market in the Middle East region over the past few years. This order serves as a resounding testament to our commitment to strengthen our presence acrossthe value chain in the global   oil and gas EPC business. Moreover, this large order will strengthen our order book profile and put our oil and gas business on a robust growth trajectory going forward. We are confident that once the project is completed, it will help support the energy transition in Saudi Arabia.”  


Gas Arabian Services Secures $159M EPC Contract for Two Gas Pipeline Project in Saudi

Gas Arabian Services Company (GAS), a key provider of project management services for the energy sector, has secured two contracts worth SAR598 million ($159.3 million) from Saudi Power Procurement Company to provide engineering, procurement and construction (EPC) services for two gas pipeline projects in the kingdom.

The first contract, worth SAR256.1 million, is for a gas pipeline project coming up in Taiba region of the kingdom, while the other contract worth SAR342 million is for the Qassim gas pipeline project, said GAS in its filing to the Saudi bourse Tadawul.

The entire project work will be completed within a period of 22 months, it stated.

The financial impact of the project will likely appear in the year 2024 and 2025, it added.-TradeArabia News Service.

Source: ZAWYA

Masirah Oil Signs Jack-up Drilling Rig Contract in Yumna Field, Oman

Masirah Oil Limited announced the signing of a contract for the Energy Emerger jack-up drilling rig. The rig, operated by Northern Offshore Ltd, will perform a multi-well programme in the offshore Yumna Field in Block 50 Oman. The programme will consist of the drilling and completion of a new in-field well and the work-over of two existing production wells. The programme will commence in mid-March 2024.

Mr Mike Hopkinson, General Manager of MOL, said, “We are very appreciative of the support and assistance from the Oman Ministry of Energy and Minerals, enabling us to secure the rig in a tight supply environment.”

MOL is the Operator and holds a 100 per cent interest in Block 50 Oman.

Source: Masirah Oil Limited

Hyundai E&C Selected as Preferred Bidder for Large Nuclear Power Plant in Bulgaria

Hyundai E&C, credited with pioneering South Korea’s entry into the global nuclear power sector through the Barakah Nuclear Power Plant project in the UAE, has been named the preferred bidder for a significant nuclear power project in Bulgaria, signaling its return to the international markets after a hiatus of 15 years. It has been analyzed that the government’s renewed commitment to the revitalization of the nuclear power industry and its continued policy of support for the country’s transition to a nuclear powerhouse is showing tangible results.

Hyundai E&C announced that it has exclusively passed the pre-qualification (PQ) process for the new construction of the Kozloduy Nuclear Power Plant in Bulgaria and was granted the approval of the Bulgarian Parliament. Hyundai E&C was named the preferred bidder for the new construction of the Kozloduy NPP, a project to build two additional total 2,200 MW nuclear reactors at the Kozloduy NPP Complex, located about 200 kilometers north of the capital city of Sofia. The final selection of the contractor is expected in April, after negotiations with the project owner, Kozloduy NPP-New Builds (KNPP NB), are complete.

The Kozloduy NPP, responsible for producing one-third of Bulgaria’s electricity, stands as the nation’s inaugural nuclear power facility, established in 1969. Due to their age, Units 1 to 4 were decommissioned, while Units 5 and 6 continue to be in service, utilizing pressurized water reactors of Russian design. The upcoming Units 7 and 8 are set to be equipped with AP1000reactors, with an anticipated operational start by the year 2035.

Hyundai E&C emerged as the sole contractor to fulfill all the rigorous prequalification criteria in the tender, outperforming leading firms like Bechtel and Fluor, and uniquely received parliamentary approval, further affirming its position as a premier global nuclear power plant builder. This achievement is believed to attributable to the government’s initiative to revitalize the nuclear ecosystem and its continued backing for K-NPP, coupled with Hyundai E&C’s extensive construction experience, advanced technology, and robust financial standing.

In fact, Hyundai E&C won the main facility construction of Shin Hanul Units 3 and 4 Nuclear Power Plant, which was reopened last year, continuing its overwhelming record of participating as the main contractor in 24 out of 36 large Korean NPPs at home and abroad, starting with Kori Unit 1, the country’s first nuclear power plant, and expanding to next-generation nuclear power projects such as SMRs after the 2022 U.S.-Korea Summit, as the partnership under the Korea- U.S. Clean Energy Alliance expands to include SMRs.

In addition, obtaining contracts for NPPs abroad will provide opportunities for domestic nuclear power companies to collectively penetrate the associated markets. Through the development of a varied supply system, it is expected to have a significant economic impact on the entire nuclear power sector, including job creation and production promotion.

“The selection as the preferred bidder for the Kozloduy NPP in Bulgaria will signal the renaissance of Korea’s nuclear power industry, which has been somewhat stagnant due to the country’s nuclear phase-out policy,” said a Hyundai E&C official. “Especially in the European market, as the positive trend toward nuclear power is gaining momentum from Green Taxonomy to the Net- Zero Industry Act (NZIA), large-scale orders are expected, so we will strive to deliver more orders through diverse channels, not to mention our participation in Team Korea.

Meanwhile, Hyundai E&C is leading the way in strengthening the status of K-NPPs by expanding its global footprint in the entire nuclear lifecycle, including SMRs, nuclear decommissioning, and spent fuel facilities, in addition to large-scale NPPs, by signing an exclusive agreement with US nuclear power company Holtec International and becoming the first Korean builder to begin designing the first SMR unit in the US.

Source: Hyundai E&C

Aramco Signs Procurement Agreements Worth $6 billion

Aramco, one of the world’s leading integrated energy and chemicals companies, advanced its strategic localization program by signing 40 corporate procurement agreements worth $6 billion with suppliers in the Kingdom of Saudi Arabia. 

The agreements aim to strengthen Aramco’s domestic supply chain ecosystem, contributing to the Company’s resilience, reliability and ability to meet the evolving needs of its customers. They also provide suppliers with long-term visibility of demand, enabling them to capture future growth and advance localization efforts.

In addition, they contribute to achieving the objectives of Aramco’s iktva program, the Company’s flagship initiative that aims to drive the growth of a vibrant economy, and create new opportunities for Saudi nationals. 

Wail Al Jaafari, Aramco Executive Vice President of Technical Services, said: “The 40 new agreements signed today are expected to contribute to the domestic value chain, and further enhance the ecosystem that Aramco is helping to build. These agreements move us towards a more prosperous, diverse and resilient supply chain, which will help ensure business continuity. They also represent a key milestone on our iktva journey, and provide our partners an opportunity to benefit from a dynamic and increasingly diversified operating environment.” 

Covering a variety of sectors, the new corporate procurement agreements span the supply of a range of products comprising strategic commodities, such as instrumentation, and electrical and drilling equipment. In addition, Aramco signed two Memoranda of Understanding with strategic partners to collaborate on localization and supply chain development.

Source: Aramco