TechnipFMC Signed Subsea Contract for Nam Con Son 2 Phase 2 Pipeline Development in Vietnam

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Oil and gas firm TechnipFMC has secured a significant subsea contract for the Nam Con Son 2 Phase 2 pipeline development across Nam Con Son basin and Cuu Long basin in Vietnam.

The contract for the engineering, procurement and construction (EPC) was awarded by Vietnam’s state-run oil and gas firm PetroVietnam Gas (PV Gas). According to the company, the contract values between $75m and $250m.

TechnipFMC will be responsible for the engineering and installation of 118km of rigid pipeline. The company will also carry out fabrication of subsea structures to tie back the existing Nam Con Son 2 Phase 1 gas pipeline to the Long Hai Landfall Station.

TechnipFMC Subsea president Arnaud Piéton said: “We are extremely pleased to have been entrusted with the Nam Con Son 2 Phase 2 pipeline contract.
Let glimpse over the company, TechnipFMC is a global leader in subsea, onshore/offshore, and surface projects. With proprietary technologies and production systems, integrated expertise, and comprehensive solutions, This company is transforming our clients’ project economics.

The Company is uniquely positioned to deliver greater efficiency across project lifecycles from concept to project delivery and beyond. Through innovative technologies and improved efficiencies, offering unlocks new possibilities for our clients in developing their oil and gas resources.

Source: https://www.technipfmc.com/

Subsea 7 Awarded Contracts By BP Exploration For Offshore Project in Azerbaijan

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Subsea 7 has been recently awarded two contracts, together representing a sizeable contract award, by BP Exploration for the Azeri Central East (ACE) project in the Azeri-Chirag-Deepwater Gunashli (ACG) field in the Caspian Sea in a water depth of approximately 140 meters.

The work scopes comprise engineering and fabrication of subsea structures, engineering, transport and installation of spools, the launching of a 16,200-tonne jacket and the float-over of an 18,500-tonne topside.

The contracts will be executed in consortium with BOS Shelf, which will be responsible for the fabrication, logistics and facilities support. Engineering work shall commence immediately from Subsea 7’s office in France and offshore execution is expected to take place in 2021 and 2022.

This project reflects their long-term relationship and early engagement with BP Exploration and builds on Life of Field activities in Azerbaijan.Subsea7 looks forward to increasing our presence in the Azerbaijani market with safe and reliable solutions for its offshore energy developments.

Source: https://www.subsea7.com/

Saipem awarded a subsea contract in Guyana and variation orders on ongoing offshore E&C contracts worth 880 million USD

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Saipem has been awarded a subsea contract by ExxonMobil subsidiary Esso Exploration and Production Guyana Limited (“EEPGL”) for the proposed Payara development project located in the Stabroek block offshore Guyana at a water depth of around 2000 metres. The contract scope includes Subsea Structures, Risers and Flowlines.

Saipem was awarded earlier subsea contracts for the first two phases of the Liza development in Guyana by EEPGL in 2017 and in 2018, respectively.

Subject to government approvals, project sanction by EEPGL and its partners HESS Guyana Exploration Ltd and CNOOC Nexen Petroleum Guyana Ltd and an authorization to proceed with the final phase, Saipem will perform the detailed Engineering, Procurement, Construction and Installation (EPCI) of a large subsea production facility. This facility will include approximately 130 km of flowlines, rigid risers, associated terminations and jumpers together with the installation of manifolds, flexible risers, dynamic and static umbilicals and flying leads. Testing and pre-commissioning of the subsea field will follow installation.

Source: www.saipem.com

Adnoc LNG Signs Supply Agreements With BP and Total

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Adnoc LNG announced that it has concluded supply agreements with subsidiaries of BP and Total, booking out the majority of its LNG production through the first quarter of 2022.

With these new supply agreements, Adnoc LNG has shown that it can react quickly and decisively to changing market conditions while ensuring the security and quality of delivery. With the support of its shareholders, ADNOC has maximized access to new markets with strong LNG growth potential.
Adnoc LNG currently produces about 6 million tons per annum of LNG from its facilities on Das Island off the coast of Abu Dhabi, supplying 90 per cent of its LNG molecules to a range of clients and receiving terminals in more than eight countries across southern and southeast Asia including India, China, South Korea and Taiwan.

Adnoc LNG is majority-owned by Adnoc, which has a 70 percent share of the company. Additional shareholders are Mitsui & Co (15%), BP (10%), and Total (5%).
BP is delighted to have concluded this LNG supply agreement” said Robert Lawson, COO Gas, Integrated Supply and Trading, BP. “ADNOC LNG is a longstanding supplier to BP’s integrated supply and trading business. We are very pleased to have secured this new multi-year supply agreement.

Source: https://www.adnoc.ae/

L&T Awarded EPC Contract For Dhanbad Water Treatment Plants in India

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The construction arm of Larsen & Toubro (L&T) has won orders from various clients across various businesses in India.

The company’s water and effluent treatment business secured an engineering, procurement, construction (EPC) order from the Jharkhand Urban Infrastructure Development Company (JUIDCO), for augmenting and strengthening the Dhanbad Urban Water Supply Scheme Phase-II under the Dhanbad Municipal Corporation.

The project aims to provide continuous water supply (24 x seven) while maintaining requisite pressure involving automation, including measurement of input and output water quantity and quality through suitable SCADA and other instrumentation works, to limit water losses in the system to desired levels and ensure consistent good quality of water.

The project is designed to bring drinking water to 4.45 lakh people of Dhanbad city in Jharkhand. The business is also executing the Hazaribagh urban water supply scheme and the Ranchi urban water supply schemes. The business has secured add-on orders for some of its existing projects.
The scope of work includes design and construction of an intake structure of capacity 77 MLD, two water treatment plants of aggregate capacity of 15.5 MLD, transmission and distribution pipelines of 584 km, ground level service reservoirs of aggregate capacity of 8,600 KL, house service connections and associated electromechanical and instrumentation works, including operation and maintenance for a period of five years.


As we Know L&T is a major technology, engineering, construction, manufacturing and financial services conglomerate, with global operations. L&T addresses critical needs in key sectors – Hydrocarbon, Infrastructure, Power, Process Industries and Defence – for customers in over 30 countries around the world.

The company classifies its projects under four categories. Significant contracts are worth INR10bn ($145m) to INR25bn ($362m), large contracts are valued between INR25bn ($362m) and INR50bn ($724m), major contracts are worth INR50bn ($724m) to INR70bn ($1bn), and contracts under mega classification are worth more than INR70bn ($1bn).

Source: https://www.larsentoubro.com/

Saipem Makes Deal With Daewoo E&C for Onshore LNG Projects

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Italy’s Saipem and South Korea’s Daewoo E&C Co. Ltd have signed a strategic deal for cooperation on targeted worldwide opportunities in the onshore oil and gas industry, with specific emphasis on the LNG sector.

By combining both companies’ assets and expertise in engineering, procurement and construction of onshore facilities, the two companies will focus on specific prospects with the target of creating efficiency and value to their customers.

The strategic alliance enhances and capitalizes on complementarity and synergies across the whole EPC value chain and establishes a key player capable of delivering superior solutions in global LNG construction.

As we focus on these two companies then Saipem is a leading company in engineering, drilling and construction of major projects in the energy and infrastructure sectors. It is “One-Company” organized in five business divisions (Offshore E&C, Onshore E&C, Offshore Drilling, Onshore Drilling and XSIGHT, dedicated to conceptual design). Whereas Daewoo E&C has been a leader in the construction industry in South Korea since its founding in 1973. Daewoo E&C is recognized as a world-renowned global construction company and aims to be a Global Top 20 by 2025.

Moreover, Daewoo E&C in a joint venture with Saipem has been nominated as a preferred bidder for the EPC of the Nigeria LNG Train 7 last September and Daewoo E&C is proud to demonstrate its meaningful entrance into the LNG engineering sector to the market.
This is a major project of both companies and their aim to achieving the corporate objectives of customers around the world.

Source: https://www.saipem.com/en/projects

Rosneft and Pertamina JV signed a contract with Tecnicas Reunidas to carry out the FEED project for Tuban Refinery, Indonesia

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PT Pertamina Rosneft Pengolahan dan Petrokimia, joint venture of PJSC Rosneft Oil Company and Indonesian state oil and gas company Pertamina, signed a contract with Spanish Tecnicas Reunidas SA to carry out the Basic Engineering Design (BED) and the Front-End Engineering Design (FEED) project for the construction of oil refinery and petrochemical complex in Tuban (East Java, Indonesia).

PT Pertamina Rosneft Pengolahan dan Petrokimia joint venture was established according to the agreement signed in October 2016. Rosneft owns a 45% stake, Pertamina – 55%.

The favourable market environment and the consumption growth prospects in Indonesia allowed the joint working group of Rosneft and Pertamina to develop a competitive conception of refinery/petrochemical complex. The plant is expected to become one of the most high-tech in the world (Nelson’s complexity index 13.1). Design capacity of primary processing is planned at the level of up to 15 mmta, of the petrochemical complex – more than 1 mmta for ethylene and 1.3 mmta for aromatic hydrocarbons.

The project will receive the full support of the Indonesian authorities, both in terms of the necessary benefits and the provision of the infrastructure. Commissioning of the refinery/petrochemical complex is planned for the next 5 years. Due to the implementation of the project, a large new petrochemical cluster in the region of the city of Tuban can be created in the future.

The project is a significant element of Rosneft’s strategy to strengthen its presence in the high-margin market for petroleum-based products in the Asia-Pacific Region. The construction of the plant will strengthen the Company’s position in the Indonesian consumer market and confirm its status as a reliable partner in oil and gas production and refining projects in the region.

Source: https://www.rosneft.com/


China Petroleum Pipeline Engineering picks Galfar for Ras Markaz $16.4m contract

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Omani construction contractor Galfar Engineering & Contracting said it had been awarded a civil and concrete works contract for Phase 1 of Ras Markaz Crude Oil Park by China Petroleum Pipeline Engineering Company. 

The contractor told Muscat Securities Market, where it is listed, that the contract was valued at $16.4m (OMR6.3m) and would be completed in 12 months. 

Undersigned by chief executive officer, Dr Hans Erlings, Galfar’s statement said the company expected “reasonable income” from the contract. 

Source: www.galfar.com

McDermott’s Lummus Technology Awarded Petrochemicals Contract in China

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McDermott International, Inc. announced that it has been awarded a sizeable technology contract by Formosa Chemicals Industries Ningbo Limited for the technology license and basic engineering services for a grassroots alpha-methylstyrene (AMS) recovery unit in Ningbo, China. This 10,000 MTA unit will utilize AMS technology jointly licensed by Versalis and McDermott’s Lummus Technology to recover specialty chemicals for niche market sale.

“This award represents the first license of this AMS technology,” said Leon de Bruyn, Senior Vice President of McDermott’s Lummus Technology business. “The commercialization of this technology illustrates the effectiveness of our continuous innovation process. Lummus works to provide our customers market-leading solutions to enhance their competitiveness; the addition of the AMS recovery unit will enable Formosa to recover this specialty chemical with unmatched purity, ultimately enhancing the operating margins while lessening the environmental footprint.”

The award strengthens the ongoing collaboration, dating back to 1995, between the Formosa organization and Lummus Technology. This technology incorporates many decades of operating and design experience by Versalis with Lummus design expertise.

McDermott’s Lummus Technology is a leading licensor of proprietary petrochemicals, refining, gasification and gas processing technologies, and a supplier of proprietary catalysts and related engineering. With a heritage spanning more than 100 years, encompassing approximately 3,400 patents and patent applications, Lummus Technology provides one of the industry’s most diversified technology portfolios to the hydrocarbon processing sector. Versalis (the chemical company of Italian energy major Eni) and Lummus have a long-standing collaboration to develop and offer a variety of petrochemical process licenses.

Source: https://www.mcdermott.com/

TechnipFMC Secures Integrated EPCI (iEPCI) Contract by the Shell for the Perdido Phase 2 Development

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TechnipFMC has been awarded an integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract by Shell for the Perdido Phase 2 development, located in the Gulf of Mexico.

The contract covers the delivery and installation of subsea equipment, including flexible flowlines, flexible jumpers, steel flying leads, electrical flying leads, and will utilize compact manifold technology, with the Subsea 2.0 In-Line Compact Manifold.
TechnipFMC is a global leader in subsea, onshore/offshore, and surface projects. With thier proprietary technologies and production systems, integrated expertise, and comprehensive solutions, they are transforming their clients’ project economics. This is extremely pleased for TechnipFMC to have been selected by Shell for the Perdido Phase 2 development which is incorporating their latest generation of subsea equipment. This award once again confirms their leadership position in complete subsea developments, through early engagement with iFEED™ (integrated FEED) studies and realizing the full scope through an integrated EPCI (iEPCI™).

Source: https://www.technipfmc.com/