Petrofac secures US$120 million in Engineering & Production Services (EPS) awards

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Petrofac announces awards and contract extensions with a combined value of more than US$120 million, delivering against the Group’s strategy to position Engineering & Production Services (“EPS”) for growth by diversifying into new markets and geographies.

The awards and contract extensions consist of the following:

  • EPS has secured its first small-scale Engineering, Procurement, Construction (EPC) contract in Malaysia. In consortium with partner Serba Dinamik, EPS has been awarded a contract by Asean Bintulu Fertiliser (ABF) Sdn Bhd, one of Malaysia’s largest fertiliser plants, for its Third Boiler Project. The ABF plant located in the central region of Sarawak, which started commercial production in 1985, is a subsidiary of PETRONAS Chemicals Group Berhad. The work scope for the 30-month project includes basic and detailed engineering, procurement, construction and commissioning of an additional package boiler (165 tonnes per hour) to improve overall plant reliability and availability and meet total steam demands of 510 tph.
  • EPS has also secured a new three-year Engineering, Procurement, Construction and Commissioning (EPCC) Framework Agreement (FA) with a North Sea operator. Future projects undertaken through the FA will be supported by Petrofac’s Aberdeen office, where the company is actively growing its engineering team and investing in its brownfield management system in support of its digitalisation strategy.
  • The new brownfield projects awards coincide with key North Sea contract extensions for EPS, including a two-year renewal of an existing seven-asset Operations and Maintenance contract, and the extension of EPS’ existing Engineering Services contract with Chevron North Sea to June 2020.

Source: www.petrofac.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

Saipem wins $145m contracts from BP for Azerbaijan field

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Saipem, along with its consortium partners Boshelf and STAR GULF FZCO, has won three new contracts valued at $145m from BP towards the development of the Azeri-Chirag-Gunashli (ACG) oil and gas (ACG) field.

The field is located in the Caspian Sea and is approximately 120km off the coast of Azerbaijan. It stretches across an area of more than 4,000km2. Saipem has been a key contractor in ACG field since the 1990s.

ACG is a complex comprising six production platforms namely Chirag 1, Central Azeri, West Azeri, East Azeri, Deepwater Gunashli, West Chirag. It also consists of two process, gas compression, water injection and utilities (PCWU) platforms, equipped with advanced technologies.

Among the three contracts, BP has awarded two contracts for pipeline design, pipelay and associated activities. The other one is for transportation and installation of four jacket pin piles, subsea structure as well as spools.

Saipem said in a statement: “Saipem has obtained one of these contracts as a result of the FEED phase awarded by BP to Saipem’s XSIGHT Division, in consortium with local partners Bos Shelf and Star Gulf, which were engaged from an early stage and on a fast track basis.”

“This excellent result has been achieved thanks above all to collaboration between Saipem’s XSIGHT and Offshore E&C Divisions, a synergy that will be maintained to ensure continuity and efficiency to the execution of the EPCI project.”

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