Saipem and Subsea7 has announced that they have reached an agreement in principle on the key terms of a possible merger of the two companies (the “Proposed Combination”) through the execution of a memorandum of understanding (the “MoU”). The Proposed Combination is expected to create a global leader in energy services.
Highlights
The combination…
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Wood Group PLC has been awarded a $120 million contract extension by Shell UK Limited to provide brownfield engineering, procurement and construction (EPC) to onshore and offshore assets across the UK.
The two-year, cost-reimbursable contract extension, centres on providing brownfield EPC services, as well as subsea and integrity management, at the Shell UK-operated St Fergus and…
The Minister of Petroleum and Mineral Resources of the Arab Republic of Egypt Karim Badawi, the Minister of Energy, Commerce and Industry of the Republic of Cyprus George Papanastasiou, the Chief Executive Officer of Eni Claudio Descalzi, as well as TotalEnergies, signed in Cairo, the Host Government Agreement for the exploitation of Cyprus’ Cronos Block…
Wood has been awarded the front-end engineering design (FEED) scope for the Zeevonk hydrogen facility, in Rotterdam, Netherlands. The hydrogen plant will be powered by offshore wind and floating offshore solar from the Zeevonk offshore developments.
The Zeevonk project is a joint venture between Vattenfall, a leading European energy company, and Copenhagen Infrastructure Partners (CIP), the world’s…
SBM Offshore announced the signature of a study with PETROBRAS for the application of Carbon Capture Modules on FPSOs.
The module design is based on a successful engineering and design study between SBM Offshore and Mitsubishi Heavy Industries, Ltd. (MHI) and qualified by DNV, based on a combination of MHI’s proprietary CO2 capture technology and SBM…
SICIM has announced that it will develop the Pipeline Onshore FEED for the “Mozambique Rovuma LNG Phase 1” project.
The works have been commissioned by Subsea7 as part of ExxonMobil’s development plan, one of the most significant energy initiatives in Africa. The FEED (Front-End Engineering Design) engineering tasks pertain to the onshore section, located approximately 125…
AD Ports Group has signed a shareholders’ agreement with the CMA CGM Group, a global player in sea, land, air, and logistics solutions, through its subsidiary CMA Terminals, to jointly develop, manage and operate the New East Mole multipurpose terminal in Pointe Noire, Congo-Brazzaville, for which AD Ports Group received a 30-year extendable concession in…
We’ve been selected by First Ammonia to deliver the front-end engineering design (FEED) for an electric ammonia facility in Victoria, Texas.
This facility has an initial anticipated production capacity of 300 metric tonnes of electric ammonia per day and will also be the first to utilize solid oxide electrolyzer technology (SOEC) for hydrogen production.
This technology will…
Aker Solutions and SLB Capturi have been awarded a contract for the carbon capture and storage solution at Hafslund Celsio’s waste-to-energy plant in Oslo, Norway. The contract will deliver a carbon capture plant, a liquefaction system, temporary storage, and loading facility at the waste incineration site. It also includes an intermediate CO2 storage and ship loading…
PT Inti Karya Persada Tehnik, a subsidiary of Toyo Engineering Corporation, together with its consortium partner Sumitomo Corporation and PT Wasa Mitra Engineering, has signed an Engineering, Procurement, and Construction (EPC) contract for the expansion project of Muara Laboh Geothermal Power Plant (Project) with PT Supreme Energy Muara Laboh. IKPT together with its consortium partners…
Fluor JV Secures EPCM Contract for BHP’s Olympic Dam Smelter & Refinery Expansion in South Australia
Fluor Corporation has announced that its Mining & Metals business was awarded a joint venture contract with Hatch to perform engineering, procurement and construction management (EPCM) for BHP’s proposed Olympic Dam Smelter & Refinery Expansion Project in South Australia, which remains subject to Final Investment Decision by BHP. Fluor will recognize its undisclosed portion of…
Wood has been awarded an engineering scope for the Ngovayang Iron Ore project in Southern Cameroon, one of the first mining projects in the country. The project will support the global demand for critical energy transition resources.
The award by Cameroon Mining Action SA (Camina), a subsidiary of Jindal Group Company, will see Wood deliver sustainable engineering and design…