Germany’s BASF starts building $10-bln petrochemical project in China

German chemical giant BASF has begun construction of its $10-billion integrated petrochemicals project in China’s southern province of Guangdong, the company said in a statement on Saturday.

The project-based in the city of Zhanjiang will be China’s first wholly foreign-owned chemicals complex, for which a framework agreement was signed in January.

It will primarily produce engineering plastics and thermoplastic polyurethane (TPU), and some petrochemical products widely used in automotive, electronics and new energy vehicles industries.

The project’s first phase is expected to be launched in 2022, with a production capacity of 60,000 tonnes per year (tpy), taking BASF’s total capacity of engineering plastics and TPU to 290,000 tpy in the Asia-Pacific region.

Source: http://bit.ly/37wPuZ4

Worley Partnerships With Nouryon To Explore in Chemical Market

This is good news for chemical market, Worley entered into a framework agreement with Nouryon, a global company in the specialty and industrial chemicals market.

As part of the agreement, 50 employees of Nouryon Projects & Engineering will continue their careers and their EPCm activities under the banner of Worley.

Nouryon has guaranteed a significant amount of work for the duration of 5,5 years, including programs and maintenance on Nouryon’s European sites, as well as new discrete projects. The first new projects under the Master Service Agreement (MSA) are expected to start in December in the Netherlands and Sweden.

This new partnership is an addition to a series of long-term customer relationships in the chemical market in Europe, including a Global Engineering Alliance with BASF, a strategic partnership with SABIC and long-term relationship with Dow Chemicals and Borealis. It also brings additional knowledge and opportunities for green hydrogen production.
The Worley relationship with Nouryon strengthens position in the chemicals market, consistent with their strategy. The transfer of the Nouryon team enhances Worley’s deep knowledge and skills of the chemicals market.

As we focus on Worley, It delivers projects, provides expertise in engineering, procurement and construction and offers a wide range of consulting and advisory services. It covers the full life-cycle, from creating new assets to sustaining and enhancing operating assets, in the hydrocarbons, mining, mineral, metals, chemicals, power and infrastructure sectors. Our resources and energy are focused on responding to and meeting the needs of customers over the long term and thereby creating value for shareholders.

Source: https://www.worleyparsons.com/

McDermott Secures Two Major Tech and Engineering Contracts in Russia

McDermott International, Inc. announced it has been awarded a technology contract from Baltic Chemical Company (BCC) and an Extended Basic Engineering (EBE) contract from China National Chemical Engineering No. 7 Construction Company Limited (CC7). The ethane cracking project is owned by Baltic Chemical Complex LLC, a subsidiary of RusGazDobycha.

The project is the largest ethylene integration project in the world. It sits near Russia’s shores at the Gulf of Finland, and the gas processing plant will be comprised of two ethylene cracking facilities, each with an annual capacity of 1.4 million tons. Work on the project will begin immediately and the contract award will be a part of McDermott’s 4Q 2019 backlog.

McDermott’s Lummus Technology will provide the Process Design Package Engineering and the license for its olefin production and recovery technology.
Lummus Technology’s proprietary ethylene steam cracking process is the most widely applied process for the production of polymer-grade ethylene, representing approximately 40 percent of the world’s capacity.
McDermott is excited to be selected for two world-scale ethylene plants by BCC and bring our reliable, high-yield and energy-efficient steam cracking technology to a project that has so much visibility in the petrochemicals industry.
The extended basic engineering work will be executed from McDermott’s downstream Centers of Excellence in The Hague and Brno, Czech Republic.

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

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

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

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

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

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

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/


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

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/

Saipem wins $145m contracts from BP for Azerbaijan field

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/

Petrofac Awarded Three Engineering Contracts In Middle East and North Africa.

Petrofac is delighted to have secured three engineering contracts to support clients of Oil and Gas in core markets of the Middle East and North Africa. This award demonstrates Petrofac’s strength of engineering capability and track record in North Africa.All three contracts will be executed by Petrofac’s Engineering & Consultancy Services (ECS) business in Woking, UK.

In Oman, Petrofac will support Flare to Value LLC (F2V) by generating a basic engineering package to offset gas that is currently exploding at three onshore locations. Petrofac’s focus will be on the fast-track execution of constructible, operable and standardized solutions that maximize modularisation and minimize intermission to ongoing operations.
Petrofac will provide FEED and conceptualization studies to clients in Oman and Libya following the security of a clutch of new contracts.

In another deal, Petrofac has been rewarded a contract by Waha Oil Company (WOC) to produce a Front-End Engineering Design (FEED) for its Gialo III field, onshore Libya. The work will be completed over a schedule of 41 months and will support WOC’s planned program of development over the coming next years.

Petrofac has also been win a four-month conceptual and pre-FEED study for the rehabilitation of the Dahra Oil Field in Concession 32, onshore Libya. The scope covers upstream facilities including well sites, flowlines, process plant and export pipelines. The ultimate client is Waha and Petrofac has formed a Project Joint Venture with Taknia to execute the task.

Source: http://www.petrofac.com/