Subsea7- Petropipe

Subsea 7 awarded contract offshore Norway

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Subsea 7 announced the award of a sizeable(1) contract by Aker BP for the Hod Field Development Project, located 12 km from the Valhall area in the southern part of the North Sea.

The re-development concept includes a new Wellhead platform (Hod B) tied back to Valhall Field Centre with rigid pipelines and an umbilical.

The contract scope includes EPCI for pipelines, umbilicals and tie-ins using key vessels from Subsea 7’s modern fleet. The production pipeline is a pipe-in-pipe design and will include the world’s first application of mechanically lined pipe based on GluBi® (2) technology from BUTTING. 

Project management and engineering will commence immediately at Subsea 7’s offices in Stavanger, Norway. Fabrication of the pipelines will take place at Subsea 7’s spool base at Vigra, Norway and offshore operations will take place in 2020 and 2021.

Monica Bjørkmann, Vice President for Subsea 7 Norway said: “Subsea 7 is very pleased with this award by Aker BP, through the Aker BP Subsea Alliance. It acknowledges Subsea 7 as a key partner in the delivery of pioneering technology, transforming the economics of field development. We look forward to continuing our alliance with Aker BP for the Hod Field Development, with safety, reliability and quality at the forefront throughout.” 

(1) Subsea 7 defines a sizeable contract as being between USD 50 million and USD 150 million.

Source: Subsea7

Nigeria project-Petropipe

Buhari flags off $2.8 billion gas pipeline project, biggest in Nigeria’s history

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The project will boost domestic gas consumption, power generation, and industrialization.

President Muhammadu Buhari will be making history as he flags off the construction of the $2.8 billion 614km Ajaokuta-Kaduna-Kano (AKK) natural gas pipeline, the single biggest gas pipeline project in Nigeria’s history, in Ajaokuta (Kogi State) and Rigachikun (Kaduna State).

The project, which is taking off after months of discussions in and out of the country, will boost domestic gas consumption, power generation, and industrialization.

The AKK pipeline project, which will carry gas between the southern and northern parts of the country, will eventually extend to North Africa.

The Nigerian National Petroleum Corporation (NNPC) initially announced tenders for this project in July 2013. A project proposal was submitted to the Infrastructure Concession Regulatory Commission (ICRC) in June 2017, and the Federal Executive Council subsequently granted approval in December 2017.

The 614 kilometers-long natural gas pipeline is Phase One of the Trans-Nigeria Gas Pipeline (TNGP) project, to be done on a build-and-transfer Public Private Partnership (PPP) basis. It will transport 3,500 million metric standard cubic feet per day of dehydrated gas from several gas gathering projects located in southern Nigeria.

The project will be in three phases:

  • The first phase is 200 kilometers long and is between Ajaokuta and Abuja, at a projected cost of $855 million.
  • The second phase is 193 kilometers long, between Abuja and Kaduna. It is estimated to cost $835 million.
  • The third phase is 221 kilometers-long, between Kaduna and Kano, at a projected cost of $1.2 billion.

It will eventually reach North Africa in subsequent phases.

The AKK gas pipeline project will create steady and guaranteed gas supply network between the Northern and Southern part of Nigeria, and enhance power generation capacity. The industrial sector will be strengthened, local usage of gas will be promoted and increased, and the country’s revenue generation boosted through export of natural gas.

Nigeria, currently ranked the 7th most endowed natural gas country in the world, sits on about 180 trillion cubic feet of natural gas deposits, which can be utilized as gas to power, gas to petrochemicals, liquefied natural gas (LNG), liquefied petroleum gas (LPG), and compressed natural gas (CNG), among others.

Over the years, Nigeria has exploited its oil resources more, to the detriment of gas, which incidentally fetches more revenue although more expensive to prospect.

One big advantage the average Nigerian can look forward to is the evolution of compressed natural gas (CNG), which is still at pilot stage in the country.

Source: Nairametrics

NWC| Petropipe

National Water Company (NWC) takes up SAR204 Million Water and Wastewater Projects

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The National Water Company’s (NWC) General Directorate for Water Services in Qassim region announced that it started the implementation of a number of key projects that aim at increasing wastewater services coverage, developing radical solutions for overflows and reducing the environmental impact of wastewater pollution, in addition to improving operational circumstances and supporting the water systems in the region, at a cost of more than SAR204 million.

Eng Abdulmuhsin Muhammad Al-Furaihi, General Director of Water Services in Qassim, said that the directorate is implementing a project for wastewater networks and domestic connections to the east of Buraidah city, costing more than SAR57 million, and comprising the laying of more than 55,700 meters of pipelines, main and sub-networks. Additionally, 3,225 house connections will be installed, with a total of 24,832 new customers benefiting from the project.

Al-Furaihi added “we are also implementing a project for laying wastewater networks in different areas of the city (phase three), costing over SAR87.7 million, comprising the laying of more than 88,000 meters of pipelines, main and sub-networks, in addition to the execution of some 3,916 domestic connections serving more than 30,150 new customers.” The two wastewater projects will save the region 540 wastewater tanker-trips.

The General Director said that work is currently in progress to implement a project for building an operational strategic reservoir with all its attachments east Buraidah, with a cost of more than SAR59.5 million and capacity of 50,000 m3/day in phase one, to enhance operation and boost the water storage systems in the city.

Source: National Water Company

ADNOC | Petropipe

ADNOC announces $20.7 billion pipeline investment deal

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The Abu Dhabi National Oil Company (ADNOC)  has entered into an agreement with a consortium of investors which will invest in select ADNOC gas pipeline assets valued at $20.7 billion.

The consortium comprises Global Infrastructure Partners (GIP), Brookfield Asset Management, Singapore’s sovereign wealth fund GIC, Ontario Teachers’ Pension Plan Board (Ontario Teachers’), NH Investment & Securities and Snam (the Consortium).

The consortium will collectively acquire a 49% stake in ADNOC Gas Pipeline Assets LLC (ADNOC Gas Pipelines), a newly formed subsidiary of ADNOC with lease rights to 38 pipelines covering a total of 982.3 kilometers, with ADNOC holding the 51% majority stake. The transaction structure allows ADNOC to tap new pools of global institutional investment capital, while maintaining full operating control over the assets.

Under the terms of the agreement, ADNOC will lease its ownership interest in the assets to ADNOC Gas Pipelines for 20 years in return for a volume-based tariff subject to a floor and a cap.The company says that the transaction will result in upfront proceeds of over $10 billion to ADNOC and is subject to customary closing conditions and regulatory approvals.

The gas pipeline network connects ADNOC’s upstream assets to local UAE off-takers. Ownership of the pipelines, management of pipeline operations, and all responsibility for associated operational and capital expenditures will remain with ADNOC.

Commenting on the transaction, His Excellency Dr. Sultan Al Jaber, UAE Minister of State and ADNOC Group CEO, said: “We are pleased to once again partner with some of the world’s leading global infrastructure and institutional investors in what marks the region’s largest energy infrastructure investment. This milestone transaction demonstrates the trust and confidence placed in ADNOC by the global investment community and unlocks significant value from our pipeline portfolio, following last year’s groundbreaking oil pipeline infrastructure investment partnership. Today’s landmark investment signals continued strong interest in ADNOC’s low-risk income-generating assets, and sets another benchmark for large-scale energy infrastructure investments in the UAE and the wider region. It solidifies ADNOC’s position as an attractive partner and reinforces the UAE’s track record as the region’s go-to foreign direct investment destination, even during the current unprecedented circumstances.”

Adebayo Ogunlesi, Chairman and Managing Partner of GIP commented: “We are delighted to be entering into this strategic partnership with ADNOC, one of the world’s leading energy companies. ADNOC’s gas network is a core piece of midstream infrastructure in the UAE and this transaction presents a unique opportunity to invest in an asset of this quality and importance, while also supporting ADNOC in their smart growth strategy. This transaction underscores GIP’s strategy of investing in high-quality infrastructure assets and developing long term strategic partnerships with industry leaders.”

“We are pleased to invest in this strategic pipeline system, which serves as the critical link between UAE low-cost natural gas supply and robust in-country demand,” said Bruce Flatt, CEO, Brookfield Asset Management. “This transaction aligns with our strategy of investing in high quality, essential assets generating stable and predictable cash flows in a sector we know well. ADNOC has established itself as one of the world’s leading natural gas producers, with an exemplary operational record. We look forward to partnering with them in support of this critical asset and sector.”

“This strategic transaction is attractive to Ontario Teachers’ as it provides us with a stake in a high-quality infrastructure asset with stable long-term cash flows, which will help us deliver on our pension promise,” said Ziad Hindo, Chief Investment Officer, Ontario Teachers’. “This new partnership with ADNOC and a group of world-class institutional and infrastructure investors expands our global presence and provides further geographic diversification to our portfolio.”

Investing into ADNOC’s gas infrastructure and supporting Abu Dhabi’s energy initiatives reinforces our investment diversification strategy and demonstrates Korea’s growing presence in the global infrastructure space. I am confident this milestone transaction can become a stepping-stone to broaden Korean investments in the region,” remarked Young-Chae Jeong, Chairman & CEO of NH Investment & Securities.

Snam CEO, Marco Alverà, said: “With this strategic transaction, we strengthen our international footprint by entering a country and a region that are key to our sector. Our aim is to promote further cooperation opportunities, particularly in the energy transition.  We will work with ADNOC and the Consortium partners by leveraging our industrial skills, know-how and innovative solutions in natural gas infrastructure management and provide our contribution to the UAE’s energy system. This transaction was carried out remotely over the past months, testifying the resilience of our company and its willingness to continue its growth path.”

This agreement is the largest transaction since ADNOC announced the expansion of its partnership and investment model in 2017. Since then, ADNOC has entered the debt capital markets for the first time, issuing a $3 billion bond backed by the Abu Dhabi Crude Oil Pipeline; partially floated ADNOC Distribution, the first-ever IPO of an ADNOC Group company; and entered into several strategic partnerships in its drilling, refining, fertilizer and trading businesses, amongst others. 

Source: Oil &Gas Middle East

Eqinor| petropipe

TechnipFMC awarded assignments worth up to NOK 1.8 billion

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On behalf of the license partners, Equinor has awarded two contracts and issued a letter of intent to TechnipFMC for pipelaying and subsea installation for three projects on the Norwegian continental shelf (NCS).

The projects in scope are Breidablikk and the Gas Import System for the Snorre Expansion Project, for which contracts have been awarded, and Askeladd Vest, for which a letter of intent has been issued. The Breidablikk contract has subsea installation as an option.

The total value of the three assignments, including the option, is about NOK 1.8 billion.

“We are pleased to award TechnipFMC new large assignments within pipelaying and subsea installation on the NCS. Giving three assignments to the same supplier enables efficiency gains and cost savings. It will also allow for a coordinated follow-up of the total delivery during the implementation phase. This creates value for all parties”, says Peggy Krantz-Underland, Equinor’s chief procurement officer.

The scope of the assignments includes fabrication and laying of pipelines, installation of subsea structures, control cables and hook-up and testing of systems. The offshore operations under the contracts are planned to be carried out during 2021-2023.

The awards contribute to sustaining important workplaces for TechnipFMC in Norway, including the Orkanger spoolbase, where the pipelines will be fabricated before they are reeled onto the installation vessel. The awards are also expected to generate additional work through further sub-contracting to other companies.

“In a challenging period for the industry we aim to continue realizing the full potential of our NCS project portfolio. This must be carried out in close cooperation with our suppliers to ensure that we create value and activity in Norway. It will help sustain jobs in the supply industry and further develop the important competence the industry has built up,” says Krantz-Underland.

The contract award for Breidablikk is subject to a final investment decision and final regulatory approval. The letter of intent for Askeladd Vest is subject to a final investment decision.

Source: Equinor

Mc dermott| Petropipe

McDermott Awarded Pre-FEED for NET Power UK Project

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McDermott International, Inc. announced it has been awarded a *sizeable Pre Front End Engineering Design (preFEED) contract from 8 Rivers Capital for their NET Power UK project with the UK Department for Business, Energy and Industrial Strategy. The project will generate a UK-specific NET Power design, which 8 Rivers is seeking to then deploy at multiple locations, including at a Teesside site in the United Kingdom located 10 miles (17km) East of Middlesbrough.

NET Power is a collaboration between McDermott, 8 Rivers Capital, Exelon Generation and Oxy Low Carbon Ventures. Its goal is to design a new way to generate power from hydrocarbons without releasing CO2 into the atmosphere, paving the path to decarbonized economic growth.

McDermott and 8 Rivers have a longstanding relationship and have worked together on a number of prospective projects, including a NET Power test plant facility in 2016. Their mutual and aligned sustainability focus has led to a successful track record of project delivery.

“We are pleased to once again be collaborating with 8 Rivers to support the Energy Transition by reducing greenhouse gas emissions and contributing to net zero ambitions in line with the Paris agreement,” said Tareq Kawash, Senior Vice President Europe, Africa, Russia and Caspian. “With a focus on more sustainable industrial processes, like carbon capture and storage, we are harnessing our extensive engineering expertise to create tangible solutions for our stakeholders—including our customers, employees and communities.”

The engineering and design work will be executed from McDermott’s offices in London, UK and supported by the Charlotte, North Carolina office.

Work on the contract will begin immediately and the contract award will be reflected in McDermott’s second quarter 2020 backlog.

* – McDermott defines a sizeable contract as between USD $1 million and $50 million.

Source: McDermott

HyundaiNews| Petropipe

Hyundai Engineering selected as the contractor for Hannam district 3

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Hyundai Engineering & Construction has been selected as a contractor for Hannam newtown district 3 by the association of housing redevelopment of the region in Yongsan-gu, Seoul,

At the first round of voting, Hyundai won 1,167 votes, Daelim Industrial had 1,060 votes and GS Engineering & Construction won 497 votes, respectively. Hyundai was selected in a runoff with 1,409 votes. Daelim had 1,258 votes.

The construction of Hannam 3 District is estimated to cost 1.8 trillion won ($1.4 billion) and the total project cost will be about 7 trillion won. It will include 197 buildings for 5,816 households with six basement floors and 22 floors above ground, as well as neighborhood living facilities, in Yongsan-gu, Seoul. 

Source: Hyundai Engineering & Construction

KBR| Petropipe

KBR signs MoU with L&T Hydrocarbon Engineering for Refinery and Petrochemical Projects

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KBR has signed a memorandum of understanding with L&T Hydrocarbon Engineering Ltd (LTHE) for refinery and petrochemical projects.

Under the terms of the agreement, KBR and LTHE will collaborate to develop business opportunities for which KBR will license proprietary technology and engineering services and LTHE will be the EPC provider. LTHE will exclusively bid for projects globally, with specific focus in India, South East Asia, the Middle East and Africa involving KBR’s solid acid alkylation technology (K-SAATTM), solvent de-asphalting technology (ROSE®) and catalytic olefins technology (K-COTTM).

K-SAAT is KBR’s next generation solid acid alkylation technology that provides high alkylate yield and high feed flexibility. KBR’s solvent de-asphalting technology, ROSE, has more than 90% market share among solvent de-asphalting technologies. KBR’s K-COT is a catalytic olefins technology that converts low-value olefinic, paraffinic or mixed streams into high-value propylene, ethylene and aromatics.

“This MoU brings together KBR’s century-long technology expertise and LTHE’s strong capability as a major EPC player and modular solution provider,” said Doug Kelly, KBR President, Technology Solutions. “KBR’s innovative and reliable process technologies have been helping refinery and petrochemical plants globally to optimize production and reduce operating costs.”

About KBR, Inc.

KBR is a global provider of differentiated professional services and technologies across the asset and program lifecycle within the Government Solutions and Energy sectors. KBR employs approximately 37,000 people worldwide (including our joint ventures), with customers in more than 80 countries, and operations in 40 countries, across three synergistic global businesses:

  • Government Solutions, serving government customers globally, including capabilities that cover the full lifecycle of defense, space, aviation and other government programs and missions from research and development, through systems engineering, test and evaluation, program management, to operations, maintenance, and field logistics
  • Technology Solutions, featuring proprietary technology, equipment, catalysts, digital solutions and related technical services for the monetization of hydrocarbons, including refining, petrochemicals, ammonia and specialty chemicals, as well as inorganics
  • Energy Solutions, including onshore oil and gas; LNG (liquefaction and regasification)/GTL; oil refining; petrochemicals; chemicals; fertilizers; differentiated EPC; maintenance services (Brown & Root Industrial Services); offshore oil and gas (shallow-water, deep-water, subsea); floating solutions (FPU, FPSO, FLNG & FSRU); program management and consulting services

KBR is proud to work with its customers across the globe to provide technology, value-added services, integrated EPC delivery and long term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.

Source: KBR Press Release

Sonatrach- petropipe

Sonatrach & Maire Tecnimont Signed Contract for a 2nd Oil Treatment Train

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ALGIERS – A consortium made up of SONATRACH and its two partners PTTEP and PVEP, on the one hand, and the Italian company specialized in Mayor Engineering Tecnimont, on the other hand, have signed an Engineering, Procurement & Construction (EPC) contract for the completion of a second oil treatment train (CPF) at the Bir Sebaa field, 40 km from Hassi Messaoud, said a company press release.

This project, whose contract was awarded in March 2018 following a call for tenders, constitutes “the 2nd phase of development of the Bir Sebaa field which will allow the processing of an additional production of 20,000 barrels / day of oil in order to to increase the production of these fields up to 40,000 barrels / day ”, specifies the press release.

The services and supplies of this EPC contract, signed and include in particular the detailed engineering studies, the supply of equipment and materials, construction as well as commissioning tests.

The project provides for the production of an oil treatment train, associated gas compression unit, gas lift unit, water injection unit for maintaining pressure, a third turbogenerator (18MW), as well as the connection of 33 wells (19 oil producers and 14 water injectors), specifies the same source (APS).

Source: Sonatrach News

Petrofac news

Petrofac awarded EPCC contract by Tatweer Petroleum

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Petrofac’s Engineering & Production Services division (EPS) has been awarded a multi-million dollar engineering, procurement, construction, and commissioning (EPCC) contract by Tatweer Petroleum, for an upstream gas project in Bahrain.

Under the terms of the contract, the scope of work includes well hook-ups, associated pipelines, and tie-ins for several new gas wells that Tatweer Petroleum is planning to drill as part of its gas delivery strategy in the Bahrain field.

Mani Rajapathy, Managing Director, EPS East, commented:

This award demonstrates continued confidence in our teams to deliver safe, timely, and efficient solutions for key projects in Bahrain. It leverages Petrofac’s best-in-class expertise and experience in upstream gas. Tatweer Petroleum is an important customer in the region, and we look forward to continuing our relationship with them and furthering our commitment to building capability in the Kingdom.

Petrofac has been present in Bahrain since 2015, following the award of an EPCC contract to supply a new 500 MMSCFD gas dehydration facility by Tatweer Petroleum. The project was successfully completed in 2018, and additional scope of work was awarded to Petrofac for the engineering, procurement, and construction of several gas wells, to be connected to the facility.

Source: Petrofac

Marie- petropipe

Tecnimont S.p.A. awarded $400M EPC contract by Groupement Bir Seba in Algeria

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 Maire Tecnimont S.p.A. announces that its subsidiary Tecnimont S.p.A. has been awarded by Groupement Bir Seba an EPC contract for the execution of the “Bir Seba Phase II and Mouiat Outlad Messaoud Field Development” Project, in Algeria. Groupement Bir Seba is composed of Algeria’s state-owned Sonatrach, Petrovietnam Exploration Production Corporation, and PTT Exploration & Production Algeria, a subsidiary of Thailand’s national oil company PTTEP. The project will be implemented in the Bir Seba and Mouiat Outlad Messaoud oil fields, located in the Touggourt area, about 130 km northeast of Hassi Messaoud.

The overall contract value is approximately USD 400 million. The scope of work includes full Engineering, Procurement and Construction activities. 

The project entails the expansion of an existing oil central processing facility, with the installation of a new oil separation train to double the total capacity up to 40,000 barrels of oil per day. The project also includes the installation of 2 additional remote gathering stations and more than 400 km of pipelines to connect the new oil production wells, along with the implementation of gas lift and water injection facilities.
Project completion is scheduled after 40 months from the contract effective date. 

Pierroberto Folgiero, Maire Tecnimont Group CEO, stated: “After our previous award with Sonatrach in 2018, this achievement lets us further consolidate our industrial footprint in the strategic Algerian market in the crucial oil & gas sector, having matured a solid experience of projects’ execution in other Middle Eastern and North African countries. We are really proud to strengthen a mutually beneficial relationship with such prominent clients, as sound evidence of our successful operations in the Country. This is the fifth major award for our Group in 2020 in spite of the ongoing Covid pandemic and is a further testament of our core business’ resilience.”

Source: Maire Tecnimont SpA

Qatae news- Petropipe

Qatar Signs $20B Vessel Contract to Cement LNG Leadership Role

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Qatar has signed a deal worth around $20 billion with South Korean shipbuilders to help cement its position as the world’s largest producer of liquefied natural gas.

The Gulf emirate entered into agreements with Daewoo Shipbuilding & Marine Engineering Co., Hyundai Heavy Industries Co. and Samsung Heavy Industries Co., according to a statement from state producer Qatar Petroleum. The three Korea-based firms will reserve a “major portion” of their LNG ship-construction capacity for QP through 2027.

The deal, valued at around 70 billion Qatari rials ($19.1 billion), could see them build more than 100 LNG vessels for Qatar, QP said.

“We have everything in place to commence the largest LNG-shipbuilding program in history,” said Saad Al-Kaabi, QP’s chief executive officer and Qatar’s energy minister. “We have secured approximately 60% of the global LNG shipbuilding capacity through 2027.”

QP signed a separate agreement to secure shipbuilding capacity with Hudong-Zhonghua Shipbuilding Group Co., a wholly owned subsidiary of China State Shipbuilding Corp., in April.

It needs a bigger fleet of LNG carriers because of new projects in Qatar and the U.S.

Qatar is “moving full steam ahead” with the expansion of the North Field, its share of the world’s biggest gas deposit, al-Kaabi said. That will raise the country’s annual output from 77 million tons to 126 million tons by 2027, he said.

QP will expand its output despite plans to cut spending by about 30%, Kaabi said last month.

Source: energypeople.com

Saipem News- Petropipe

Consortium of Bouygues Travaux Publicis, Saipem and Boskalis Selected for Fecamp Offshore Wind Farm Foundations

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Bouygues Travaux Publics (mandatory, 40.5%) in consortium with Saipem (40.5%) and Boskalis (19%) have been awarded the design work, construction and installation scope for 71 concrete Gravity-Based Structures (GBS) as foundation for the Fécamp offshore wind farm in Normandy, France. The award was made by EDF Renewables, Enbridge Inc and wpd Offshore. The contract carries a total value of 552 million euros.

The offshore wind farm will be located between 13 and 22 kilometres off the coast of Fécamp in Normandy. The 71 wind turbines will be connected to the gravity-based foundations installed on the seabed at depths between 25 and 30 metres.

Within the consortium, Bouygues and Saipem, are tasked with the design, construction and installation on the seabed of the gravity-based foundations with an individual weight of up to 5,000 tonnes necessary to provide the stability of the 7MW wind turbines. Boskalis is tasked with the design and preparation of the seabed rock foundation prior to GBS installation, and the scour protection and ballasting of the GBS’ after installation on the seabed.

The foundations will be constructed in the Bougainville maritime works yard in the Grand Port Maritime of Le Havre and will be transported by barge to the offshore wind farm site. The works, which will start in June, should be completed by the end of 2022. The commissioning and operational start-up of the wind farm are planned for 2023.

With a total power output of some 500 MW, the Fécamp offshore wind farm should produce the equivalent of the domestic electricity consumption of approximately 770,000 people, representing more than 60% of the inhabitants of the Seine-Maritime department.

To carry out this project, EDF Renewables has selected internationally recognised companies in the fields of civil engineering and construction, dredging, offshore installation and maritime works. With this unique combination of expertise, the consortium partners are confident to successfully deliver and contribute to the energy mix diversification programme of the French Government.

Source: Saipem Press Release

Sapura Energy-Petropipe

SAPURA ENERGY BERHAD SECURES CONTRACTS WORTH RM766 MILLION

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Sapura Energy Berhad (Sapura Energy), a leading global integrated oil and gas services and solutions provider, has been awarded several new contracts for its Engineering and Construction (E&C) division, with a combined value of approximately RM766 million.

In Brunei, Sapura Offshore Sdn Bhd was awarded a contract for the PRP7 Pipeline Replacement Project by Brunei Shell Petroleum Co. Sdn Bhd, another testament to Sapura Energy’s long presence in the country.

The contract scope of work comprises the replacement of the 16-inch 9.4km pipeline PID1494 including topside modification, and riser and pipeline demolition, as well as an optional scope of the replacement of the 6-inch one-kilometre pipeline PID2008 including topside modification, and riser and pipeline demolition. The works are expected to be completed by Q1 FY2022.

In Singapore, Sapura Offshore Sdn Bhd Singapore Branch, together with its consortium partner Dredging International Asia Pacific, has been awarded the engineering, procurement, construction and installation contract for the single buoy mooring (SBM) Pipeline Rejuvenation Phase II Project by Shell Eastern Petroleum (Pte) Ltd.

The contract scope of work comprises pre-emptive repair of the nearshore pipeline section, rejuvenate the SBM system and optional removal of existing pipeline to ensure fitness for service of the crude offloading system to Bukom Refinery in Singapore. The contract is expected to be completed by Q3 FY2023.

Meanwhile, Sapura Energy (Thailand) Limited has received an award from Chevron Thailand Exploration and Production Ltd. (CTEP) for its Asset Retirement Offshore Removal Campaign in Thailand.

The contract scope of work consists of project management, engineering, procurement, offshore heavy lifting vessel and transportation spread to decommission seven offshore jackets, wet tow and reef jacket at a reef site. The offshore campaign is expected to commence within FY2021.

Back in Malaysia, its home-base, Sapura Energy continues to demonstrate its reliability as a trusted partner under the Umbrella Contract for Pan Malaysia Transportation & Installation of Offshore Facilities (2017-2020) when Sapura Offshore Sdn Bhd received an award from Hess Exploration and Production Malaysia B.V pursuant to the umbrella contract.

The contract scope of work comprises the provision of project management, installation engineering, transportation and installation of five modules at Bergading Central Processing Platform. The works are expected to be completed by Q4 FY2021.

Sapura Offshore Sdn Bhd also received an award for the provision of engineering, procurement, construction and installation (EPCI) services for the Additional Andalas Pipeline Project Phase 4 Development in the adjacent Malaysia Thailand Joint Development Area (MTJDA), from Carigali-PTTEPI Operating Company Sdn Bhd (CPOC).

The contract scope of work includes engineering, procurement, construction, installation and pre-commissioning of a 20-inch 29-kilometer subsea pipeline, including riser and riser guard installations. The contract is effective on 30th April 2020 and the works are scheduled to be completed within 15 months.

Source: Sapura Energy Press Release

Subsea7- Petropipe

Subsea 7 awarded renewables contract offshore Scotland

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Subsea 7 announced the award of a major(1) contract by SSE Renewables for the engineering, procurement, construction and installation (EPCI) of the foundations and inter-array cables for the Seagreen Offshore Wind Farm project, 27km offshore Scotland. The Seagreen development will be a 1,075MW offshore wind farm, comprising 114 wind turbines located off the east coast of Scotland.

Seaway 7, the Renewables business unit of Subsea 7, will manage the EPCI of the 114 wind turbine generator foundations and approximately 300km of associated inter-array cables. The agreement will immediately secure 30 jobs within Seaway 7’s Aberdeen office where the EPCI contract will be managed, with this number expected to reach around 50 jobs at the peak of activity.

John Hill, Seagreen Project Director, said: “Seaway 7 brings a wealth of offshore wind knowledge and expertise and we are pleased to welcome them and their Aberdeen team to Seagreen.”

Steph McNeill, Executive Vice President – Renewables at Seaway 7, said: “We are looking forward to continuing our successful collaborative relationship with SSE Renewables as we help construct Seagreen. We have been active in the UK Renewables sector for over a decade and are very pleased to continue to support the ongoing energy transition in the UK.  The Seagreen project will be managed from our Seaway 7 office in Aberdeen, bringing our offshore wind expertise to the largest offshore wind project in Scotland.”

(1) Subsea 7 defines a major contract as being over USD 750 million.

Source: Subsea7 Press Release

Petrofac- Petropipe

Petrofac awarded significant North Sea well management contract

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Petrofac’s Engineering & Production Services business (EPS) announces that it has secured a well management contract for Phase 1 of Independent Oil and Gas plc’s (IOG) Core Project. 

Petrofac will support IOG’s development of the Southwark, Blythe and Elgood fields in the UK Southern North Sea (SNS). The five-well contract scope covers the planning, execution and close-out phases of the Phase 1 drilling programme, with Petrofac intended to act as Well Operator on behalf of IOG, a role it has performed for nine other companies in the UK North Sea.

The planning phase includes detailed well design, risk assessment and management of well-related regulatory requirements. During the execution phase Petrofac will manage well engineering, procurement and logistics, assure well construction and integrity, and provide onshore and offshore personnel to support the drilling campaign.

Nick Shorten, Managing Director for Petrofac Engineering and Production Services West, said: “We are thrilled to be supporting IOG’s prestigious SNS gas development project. Through the deployment of our extensive asset and well management expertise, we will work closely with IOG to assure the integrity of the wells and deliver a safe and cost-efficient drilling programme to support the advancement of their development.”

Andrew Hockey, CEO of IOG, commented: “We are very pleased to have selected Petrofac as the well management contractor for Phase 1 of our core UK SNS gas development. Petrofac has demonstrated that they have the right credentials and expertise to execute what will be a critical role in helping IOG to deliver a safe, productive and cost-effective five-well Phase 1 drilling campaign kicking off in the first half of next year.

“The IOG drilling and subsurface teams have already established a strong working relationship with the Petrofac team in recent months and this will deepen further as Phase 1 drilling preparations ramp up.”

Source: Petrofac

Saiemens - Petropipe

Siemens wins compression contract for Golden Pass LNG export project

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Siemens Gas and Power was awarded a contract from CCZ JV (a joint venture between Chiyoda International Corporation, McDermott International, and Zachry Group) to supply three cryogenic boil-off gas (BOG) compressor trains for the Golden Pass LNG export terminal in Sabine Pass, Texas, USA. The export facility is a joint venture between affiliates of Qatar Petroleum and ExxonMobil and will be integrated into the existing Golden Pass LNG import terminal. It will include the construction of three liquefaction process trains, each with a nominal output of approximately 5.2 million metric tons per annum (MTPA). 

Siemens Gas and Power’s scope of supply covers the engineering, manufacturing, and testing of the three, single-shaft centrifugal BOG compression packages, along with all installation and commissioning activities. Each of the compressor packages will be driven by a 6.8-megawatt (MW) electric motor. Manufacturing, testing, and packaging will take place in Duisburg, Germany. 

The project scope also includes a frame agreement to supply all low-voltage electric motors and electric variable speed drives (1 – 200 horsepower) and all medium-voltage (250 – 1,500 horsepower) electric motors. In addition to the BOG compressor trains, Siemens Gas and Power will also provide steam turbine generator sets for the Golden Pass LNG export terminal.

“With 90% global market share and a fleet that has accumulated more than 4.2 million hours of service, Siemens Gas and Power is a worldwide leader in cryogenic boil-off gas compression,” said Matthew Russell, Executive Vice President of LNG for Siemens Energy Oil & Gas Division. “We believe our expertise in the design and manufacturing of BOG compressors, along with our strong presence in the LNG market, played an integral role in securing the Golden Pass compression contract.”

Source: Siemens Press Release

Petrofac- Petropipe

Petrofac secures Iraq contract extension with Basra Oil Company

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Petrofac’s Engineering & Production Services division (EPS) has secured a further six-month contract extension with Basra Oil Company (BOC) for its long-standing Iraq Crude Oil Export Expansion Project (ICOEEP).

The confirmation of the contract extension is recognition of Petrofac’s successful seven-and-a-half-year track record of safe and efficient delivery and ability to sustain and improve export levels as incumbent operations and maintenance service provider.

The facility, which is one of the largest export terminals in the Gulf and handles around 50% of Iraq’s crude oil exports, is located 60 km offshore the Al Fao Peninsula in Southern Iraq. It comprises a central metering and manifold platform and four Single Point Moorings which facilitate oil export onto awaiting crude carrier tankers. In addition, Petrofac is responsible for almost 300 km of subsea pipelines, 1800 metres of subsea and floating hose infrastructure and a marine spread comprising 14 vessels.

Source: Petrofac

Lamprell- Petropipe

Lamprell awarded EPIC contract by Sharjah National Oil Corporation (SNOC)

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Lamprell, through its site services business, has been selected by Sharjah National Oil Corporation (SNOC) to undertake a medium-sized* engineering, procurement, installation and commissioning contract (EPIC) associated with the Mahani gas and condensate field in Sharjah, United Arab Emirates.

Scheduled for completion in early 2021, Lamprell’s scope of work is specific to the Mahani Extended Well Test project and includes hook-up and installation at the well, existing systems upgrade, associated tie-ins and a new 25 km export pipeline. 

Discovery of the onshore Mahani field was announced by SNOC and its partner Eni at the end of January 2020. 

Commenting on the award, Chief Executive Christopher McDonald said:  “SNOC is an important client for us and through delivering to consistently high and competitive standards, we are very proud of the track record we’ve developed with them.  Mahani is a strategic gas discovery.  We are looking forward to being associated with it, delivering this project safely and on time.”

(*Lamprell defines a medium-sized contract as between USD 6 million and USD 50 million)

Source: Lamprell

Petropipe

Sterling and Wilson Solar bags $525 million EPC contract

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Sterling and Wilson Solar Limited (SWSL) announced that it has signed (along with its branch and Australian subsidiary) an EPC contract of approx. AUD 525 million (~ INR 2,600 crore) as well as the Operation and Maintenance (O&M) contract of approx. AUD 85 million (~ INR 415 crore), which is its largest order in Australia. The duration of the O&M contract is for a maximum period of 20 years.

With this award, SWSL has clearly established its presence in Australia, within a short period of 15 Months of setting up the operations. With this order, the Company’s cumulative order book in Australia adds up to approx. AUD 1 billion (~ INR 4,900 crore), making it amongst the largest Solar EPCs in this very promising market.

In spite of the ongoing pandemic, SWSL has also signed two projects in India with leading global IPPs adding up to a value of INR 620 crores.

A substantial portion of the Company’s international revenues for the current financial year will come from Australia, South America and the USA where the construction of solar projects has now commenced to full capacity. Renewable projects in India, which also add up considerably to the Company’s revenues, have been allowed to restart now. SWSL is in the process of handing over projects which are being completed post lockdown and starting other projects. The worst impact of COVID-19 seems to have passed and the Company is looking forward to increased activity in order booking and revenues.

Mr. Bikesh Ogra – Director and Global CEO, Sterling and Wilson Solar Limited said, “This is our largest order in Australia and is a culmination of efforts to break new ground in countries like Australia, the United States and South America, where SWSL has invested in a strong team that is completely aligned with the local requirements. Renewable sector plays a vital role in the world’s journey towards clean energy and as a home-grown company we are continuously working together with several stakeholders in supporting this vision. India continues to be a steady and focused market for SWSL. Along with our exponential growth in the international market over the past decade, we continue to remain a dominant player in the domestic market as well.”

Source: Sterling and Wilson Press Release

Mc Dermottt- Petropipe

McDermott Awarded Sizeable Offshore Engineering Contract in the Middle East

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McDermott International, Inc. announced it has been awarded a sizeable* contract from a Middle East customer to carry out front-end engineering and design (FEED) work for offshore riser platform topsides.

The scope includes the design of two offshore riser platforms, as well as associated brownfield integration modifications to existing facilities, which include the decommissioning of existing assets. The FEED contract will be fully executed from McDermott’s Middle East offices. Work on the project will begin immediately, and the contract award will be reflected in McDermott’s second-quarter 2020 backlog.

* – McDermott defines a sizeable contract as between USD $1 million and USD $50 million .

Forward-Looking Statements
In accordance with the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995, McDermott cautions that statements in this press release which are forward-looking, and provide other than historical information, involve risks, contingencies and uncertainties that may impact McDermott’s actual results of operations. These forward-looking statements include, among other things, statements about backlog, to the extent that backlog may be viewed as an indicator of future revenues or profitability, and about the expected scope, execution and timing of the project discussed in this press release. Although we believe that the expectations reflected in those forward-looking statements are reasonable, we can give no assurance that those expectations will prove to have been correct. Those statements are made by using various underlying assumptions and are subject to numerous risks, contingencies and uncertainties, including, among others: adverse changes in the markets in which we operate or credit markets, our inability to successfully execute on contracts in backlog, changes in project design or schedules, the availability of qualified personnel, changes in the terms, scope or timing of contracts, contract cancellations, change orders and other modifications and actions by our customers and other business counterparties, changes in industry norms and adverse outcomes in legal or other dispute resolution proceedings. If one or more of these risks materialize, or if underlying assumptions prove incorrect, actual results may vary materially from those expected.

Source: McDermott

Fluor project- Petropipe

Fluor wins contract for AGIC’s propane complex in Saudi’s Jubail

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Fluor Corporation announced that it was named project management consultant for Advanced Global Investment Company’s (AGIC) new propane dehydrogenation, polypropylene and utilities and offsites complex in Jubail Industrial City, Saudi Arabia. Fluor will perform project management consultant services for the front-end engineering design, detailed engineering, procurement and construction phases of the project. Fluor booked its portion of the undisclosed contract value in the first quarter of 2020.

Fluor has supported clients and safely executed projects in Saudi Arabia for more than 70 years,” said Mark Fields, group president of Fluor’s Energy & Chemicals business. “Our legacy of execution excellence continues with this most recent award from AGIC. We look forward to helping AGIC and the Kingdom of Saudi Arabia meet the world’s growing demand for polymers and support their efforts to diversify its economy and also become one of the world’s leading global producers of polypropylene.”

Once complete, the complex will manufacture 843,000 tons-per-year of propylene and 800,000 tons-per-year of polypropylene that will be used for the production of specialty polymers for the face masks, automotive, pipes, food packaging and textiles industries.

Fluor’s offices in Farnborough, United Kingdom and Al Khobar, Saudi Arabia will lead the project management consulting services with support provided by the company’s network of global experts.

Source: Businesswire

Saipem Project- Petropipe

Saipem, in a joint venture with Daewoo E&C and Chiyoda Corporation, awarded $4B EPC contracts by Nigeria LNG Limited

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Saipem, in joint venture with Daewoo E&C Co. Ltd and Chiyoda Corporation (SCD JV), has been awarded by Nigeria LNG Limited the contracts for the Engineering, Procurement & Construction of the Nigeria LNG Train 7 Project to be executed at Bonny Island LNG complex in Nigeria. The overall value of the contracts is above 4 billion USD and Saipem’s share amounts to around 2.7 billion USD. This award follows the signature of the Letter of Intent communicated by press release on 12th September 2019

Nigeria LNG Limited (NLNG) is a limited liability Company whose main shareholders are the Federal Government of Nigeria represented by the Nigerian National Petroleum Corporation (NNPC), Shell Gas B.V., Total Gaz Electricité France and Eni International (N.A.) N.V.S.a.r.l.

The NLNG Train 7 Project consists of the construction of one complete LNG train and one additional liquefaction unit with a total capacity of approximately eight (8) MTPA, plus other extensive associated utilities and infrastructures.

Saipem is leader in SCD JV with a 60% share.

Stefano Cao, Saipem’s CEO, commented: “This new project in Nigeria – where we have been operating for over 50 years – confirms our ability to build solid relationships, qualifying Saipem as a global company. It also proves the validity of the management methods of Covid-19 emergency thanks to the flexibility of our organizational model and the practise of our people to work remotely. The investment decision by Nigeria LNG Limited, which includes several important energy companies, demonstrates that natural gas, in whose value chain Saipem has a recognized leadership, will be pivotal to the energy transition. The award of this contract contributes to increase the portion of non-oil-related backlog and confirms the overcoming of the link between Saipem’s share value and oil price”.

Source: Saipem Press Relaese

Petrofac- Petropipe News

Petrofac secures BP maintenance and metering contracts

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Petrofac is set to build on its provision of digitally enhanced services for BP, following the award of a three-year extension to its existing maintenance contract and a new four-year metering contract.

The metering services contract includes on and offshore consulting and support services. Under the agreement, Petrofac will continue to harness digital technology to drive improvements and increase efficiencies for BP.

Under the terms of the maintenance agreement, Petrofac will continue to provide campaign inspection and maintenance services on the Operator’s North Sea assets, many of which Petrofac has supported for the last decade.

In 2019, Petrofac worked with BP to prove new execution techniques. Combining use of Digital Twin technology, Connected Worker and Petrofac’s proprietary software, BuildME™, Petrofac digitalised all forms of campaign maintenance and inspection activity – achieving significant productivity gains compared to industry standards – and continues to work with BP to extend the benefits of this approach to other applications.

Nick Shorten, Managing Director, Petrofac Engineering and Production Services, West, said:

“We are proud to build on our long-standing relationship with BP, who have been an early adopter of our digital execution processes. We look forward to building on the gains made through this approach and establishing our metering services provision.”

Source: Petrofac

SNC Lavalin- Petropipe

SNC-Lavalin awarded nuclear engineering services by Ontario Power Generation

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SNC-Lavalin is pleased to announce its wholly-owned subsidiary Candu Energy Inc., has been awarded two additional five-year vendors of record (VOR) agreements by Ontario Power Generation (OPG) to provide niche engineering and nuclear engineering services. These contract wins are aligned with the company’s new strategy moving forward towards engineering services and greater growth.

SNC-Lavalin will deliver nuclear engineering services for the Darlington and Pickering sites and the Western Waste Management Facility (WWMF) in areas including, but not limited to, design support for nuclear plant modifications and balance of plant engineering. The scope of work under the niche engineering agreement will include software engineering and categorization, cyber security services, human factors engineering, computer system engineering and project management support.

“These contracts drive SNC-Lavalin’s overall new strategic direction and are a testimony to our team’s capabilities in delivering the whole spectrum of nuclear services”, said Sandy Taylor, President, Nuclear, SNC-Lavalin. “While the niche engineering agreement covers another round of services we’ve previously carried out, the nuclear engineering services represent an organic growth opportunity for SNC-Lavalin. We look forward to using our know-how to support OPG on their future engineering projects.”

Source: SNC_Lavalin

Petrofac- Petropipe

Petrofac secures UK renewals totalling US$100m

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Petrofac’s Engineering & Production Services business (EPS) has been awarded two three-year renewals in the UK, worth a combined total of more than US$100 million. Both awards come with options to extend beyond the initial term.

The awards, gained under a competitive tender process with an International Oil Company, involve the provision of Duty Holder support services for an offshore support vessel, and Operations and Maintenance services for an oil and gas development project and gas terminal.

Nick Shorten, Managing Director for Petrofac’s EPS business in the Western Hemisphere, commented: “These new contracts with a long-standing client are an excellent example of our ability to scale and integrate our service provision in line with their latest requirements. We very much look forward to combining our extensive operations’ experience and digital technology programme to deliver sustainably efficient support on these contracts.”

Source: Petrofac

peropipe

Subsea 7 awarded EPCI contract by Independent Oil and Gas (IOG), UK

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Subsea 7 announced the award of a sizeable contract by Independent Oil and Gas (IOG) for the Blythe and Vulcan Satellites field development, located in the UK sector of the southern North Sea. 

The contract scope includes the project management, engineering, procurement, construction and installation of 35km of flow lines between the Southwark, Blythe and Elgood fields, together with subsea structures, an umbilical, and associated subsea tie-ins.

Project management and detailed engineering has commenced at Subsea 7’s office in Aberdeen, and offshore activities are scheduled to commence in 2020. 

Jonathan Tame, Vice President UK & Canada, said: “We are pleased to be awarded this contract, which strengthens our reputation as a global provider of value-driven SURF solutions. We look forward to collaborating with IOG to ensure the cost-effective, safe and timely execution of each phase of the development.”

(1) Subsea 7 defines a sizeable contract as being between USD 50 million and USD 150 million.

Source: Subsea 7

Refiniary project| Petropipe

Thyssenkrupp wins ₹300-crore order from Numaligarh Refinery

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Thyssenkrupp’s plant engineering business has bagged a ₹300-crore order from Numaligarh Refinery for providing engineering, procurement and construction management services to various units of the refinery at Numaligarh in northeastern India.

NRL is expanding its refining capacity from three to nine million tonnes per year. The project is expected to be completed by 2024.

The refinery expansion project is part of the government’s initiative towards “Hydrocarbon Vision 2030” for the northeast region of India.

The efforts are aimed at exploiting the region’s hydrocarbon sector to facilitate economic development, enhance access to clean fuels, increase the availability of petroleum products and create employment opportunities.

The scope of supply includes engineering, procurement and construction management services for a new petrochemical fluidised catalytic cracking (PFCC) unit with two-million tonnes’ annual capacity, units for liquefied petroleum gas treatment, gasoline desulphurisation, MS blocks having naphtha hydrotreating, continuous catalytic reforming and isomerisation units.

Source: The Hindu Business Line

Mc dermott- Petropipe

McDermott Awarded Engineering, Procurement, Fabrication and Construction (EPFC) Contract for LPG Spheres

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McDermott International, Inc. announced CB&I Storage Solutions has been awarded a sizeable contract for four liquefied petroleum gas (LPG) spheres for an energy infrastructure project in the Caribbean region.

The scope of the project includes the engineering, procurement, fabrication and construction (EPFC) of four LPG spheres—each measuring approximately 88 feet in diameter, with 63,100 barrels nominal capacity and 290 pounds per square inch design pressure. Fabrication and procurement will be performed at the company’s Fairbanks facility in Houston, Texas, and engineering will be performed at the company’s office in Plainfield, Illinois.

“We have a strong track record of executing world-class storage projects in the Caribbean and Central and South America,” said Cesar Canals, Senior Vice President of CB&I Storage Solutions. “This new award highlights the confidence our customer has in our service offerings and capabilities in engineering, fabricating and constructing high-pressure LPG spheres and other storage solutions that are critical components to its energy infrastructure.”

The award will be reflected in McDermott’s first quarter 2020 backlog.

McDermott defines a sizeable contract as between USD $1 million and $50 million.

CB&I Storage Solutions is the world’s leading designer and builder of storage facilities, tanks and terminals. With more than 59,000 structures completed throughout its 130-year history, CB&I Storage Solutions has the global expertise and strategically-located operations to provide its customers world-class storage solutions for even the most complex energy infrastructure projects.

Source : McDermott Press Release

Technimont- Petropipe

New petrochemical contract awarded to a Maire Tecnimont-led consortium in the Russian Federation

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Maire Tecnimont S.p.A. announces that its subsidiary Tecnimont S.p.A., as majority leader of the consortium including MT Russia LLC, Sinopec Engineering Inc., and Sinopec Engineering Group Co., Ltd Russian Branch, has signed an EPSS contract (Engineering, Procurement and Site Services) with Amur GCC LLC, a subsidiary of PJSC Sibur Holding. The contract’s overall value is approximately €1.2 billion, the significant majority of which pertains to the Maire Tecnimont Group.

The contract relates to the petrochemical development of the Amur Gas Chemical Complex (AGCC). AGCC is the downstream expansion of the Amur Gas Processing Plant (AGPP), a package of which Maire Tecnimont Group is currently executing in Svobodny city, located in the Amur region in the Far East of the Russian Federation, close to the border with China.   The project entails the implementation of several large-scale polyolefin units, and its Mechanical Completion is expected within 2024.

This project is going to be one of the largest petrochemical facilities in the world and will be fed with products associated with natural gas of the AGPP project. The entire gas development initiative – composed of AGPP and AGCC – located in the Amur region, represents, therefore, a gamechanger in the global energy processing scenario.  

Pierroberto Folgiero, Maire Tecnimont Chief Executive Officer, commented: “This project confirms the reliability of our strategy to promote early involvement in the development of projects with selected clients, having long term industrial vision throughout the natural gas value chain. AGCC project follows Tecnimont’s engagement in Amur giant Gas Treatment plant in the Russian Far East Region and represents its downstream monetization into polyolefins. In such extraordinary times due to the Covid outbreak, we are eager to engage ourselves in this prestigious job and to put our best energies at the service of a long-time client such as Sibur.” 

Source: Maire Tecnimont Group 

Saipem project- Petropipe

Saipem awarded a contract by GAZ-SYSTEM S.A. for Baltic Pipe Project worth approximately €280 million

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Saipem has been awarded a contract by GAZ-SYSTEM S.A. for the transportation and installation of a natural gas pipeline between Denmark and Poland in the Baltic Sea. The contract, signed by its controlled subsidiary in U.K. Saipem Ltd, is worth approximately 280 million euro.

The Baltic Pipe Project is a strategic infrastructure project developed by a joint venture between GAZ-SYSTEM S.A. and Energinet.dk and is co-financed by the European Union to create a new inter-European gas corridor that will supply gas directly from Norway to the markets in Poland, Denmark and neighbouring countries.

Specifically, the contract comprises the construction of approx. 275 km x 36” concrete-coated pipeline between Denmark and Poland in a water depth between 4 and 57m to be carried out by Saipem S-lay vessels. Moreover, the contract includes microtunneling and civil works activities in Denmark and Poland, extensive rockdumping as well as pre and post-lay trenching and backfilling activities. Works under the contract will commence immediately.

Francesco Racheli, COO E&C Offshore Division, commented: “This new contract, assigned thanks to our solid track record in pipeline installation projects and arriving at a critical moment for the energy industry worldwide, will help ensure the continuity of European gas supply and reinforces Saipem’s presence in a such a highly strategic area. We look forward at swiftly and successfully delivering this important project”.

Source: Saipem

McDermott-Awarded-

McDermott Awarded Multiple EPFC Contracts for Storage Tanks in Saudi Arabia

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McDermott International, Inc. announced that CB&I Storage Solutions has been awarded one large and two sizeable contracts for the engineering, procurement, fabrication and construction (EPFC) of 38 tanks and 13 spheres in multiple locations across Saudi Arabia.

“CB&I Storage Solutions has had a significant presence and strong track record in Saudi Arabia since the 1930s,” said Cesar Canals, Senior Vice President of CB&I Storage Solutions. “This experience, and our strong partnerships with international contractors and major oil & gas operators, has established us as one of the most reliable providers of storage and EPFC solutions in the country.”

The awards will be reflected in McDermott’s first quarter 2020 backlog.

*McDermott defines a sizeable contract as between USD $1 million and $50 million and a large contract as between USD $50 million and $250 million.

CB&I Storage Solutions is the world’s leading designer and builder of storage facilities, tanks, and terminals. With more than 59,000 structures completed throughout its 130-year history, CB&I Storage Solutions has the global expertise and strategically-located operations to provide its customers with world-class storage solutions for even the most complex energy infrastructure projects.

Source: McDermott Press Release

wood - Petropipe

Wood secures $100m onshore wind EPC contracts in the United States

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Wood, the global engineering and consulting company, has secured a number of engineering, procurement and construction (EPC) onshore wind contracts in the United States worth a combined $100m.

The largest of the recently awarded contracts is the next phase in American Electric Power (AEP) Renewables’ wind farm development in south-central Kansas, where Wood will provide the entire EPC services for the milestone project.  The Flat Ridge 3 wind farm is an extension of the success of Flat Ridge 1 and 2, which combined represent some of the largest wind farms in the US.

The company has also secured an award from Black Hills Energy to support its Corriedale Wind Energy Project in Cheyenne, Wyoming, which marks Wood’s first renewables venture in the mountain states. The utility-scale wind facility will provide the energy resources for Black Hills Energy’s Renewable Ready program, a voluntary subscription program for its commercial and industrial customers and government agencies in South Dakota and Wyoming.

In addition, Wood will deliver four new wind farms in Morrow and Umatilla Counties in Oregon for Orchard Windfarms. The company will be responsible for offloading and constructing the wind turbines, installing the associated collector system and civil and foundation work.

When combined, the projects will see almost 100 turbines installed with a total generating power of 230 megawatts. The projects will require the support of more than 400 people and will take up to 12 months to deliver.

Stephanie Cox, CEO of Wood’s Asset Solutions Americas business, said: “From the Pacific northwest state of Oregon and the western state of Wyoming, to the midwestern states of South Dakota and Kansas, these awards show the positive momentum Wood is generating across the United States in the renewables market.

“We are committed to playing a forward role in achieving a balanced and secure energy supply in the US. As the renewables market continues to grow through rising demand, further investment and shifts in technology, our ambitious, versatile and established EPC offering positions Wood as a partner of choice for existing and new developments.”

Source: Wood

Acciona- petropipe

Saline Water Conversion Corporation (SWCC) awarded ACCIONA and its partner RTCC to build $500m desalination plant in Saudi Arabia

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The Saudi publicly-owned company Saline Water Conversion Corporation (SWCC) has awarded ACCIONA and its partner RTCC the construction of the Al Khobar 2 desalination plant at Khobar, on the east coast of Saudi Arabia around 400 kilometres from Riyadh. It is a turnkey contract valued at around $500 million (€460 million).

It will be one of the largest in the country, with a capacity of 600,000 m³ per day to serve a population of three million

The facility will be equipped with reverse osmosis technology and a daily capacity of more than 600,000 m³, making it one of the biggest in the country and the largest RO plant under EPC scheme awarded in a single shot in KSA. It will provide a service to three million people in the area. ACCIONA thus consolidates its presence in the water treatment sector in Saudi Arabia, a country in which it currently has three projects under way.

Last year, a €750-million contract was awarded for the financing, design, construction, operation and maintenance (for 25 years) of the Shuqaiq3 desalination plant. Located in the south-west of the country on the Red Sea coast, it is expected to be completed sometime in 2021 and will have a  treatment capacity of 450,000 m³ per day to provide a service to a population equivalent of two million. It will also be equipped with a photovoltaic plant to reduce internal energy consumption.

In July 2018, a contract was also awarded for around €200 million to build and commission the Al Khobar 1 desalination plant (capacity: 210,000 m³/day). It is located close to the Al Khobar 2 plant and serves a population of 1,000,000.

The company has also designed and built the Al Jubail RO4 seawater desalination plant in the east of the country for the utility Marafiq. With a capacity of 100,000 m³ per day, it serves both the city and the nearby industrial complex.

Source: ACCIONA News

Keppal news| Petropipe

Keppel-led consortium secures S$1.5 billion EPC contract to develop Singapore’s Tuas Nexus IWMF

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A Keppel-led consortium has received the Letter of Acceptance from the National Environment Agency (NEA) for an Engineering, Procurement and Construction (EPC) contract worth approximately S$1.5 billion, for the development of a Waste-To-Energy (WTE) facility and a Materials Recovery Facility (MRF) for Singapore’s new Tuas Nexus IWMF.

The consortium comprising Keppel Seghers Engineering Singapore Pte Ltd (Keppel Seghers), the environmental engineering arm of Keppel Infrastructure, China Harbour (Singapore) Engineering Company Pte Ltd (China Harbour) and ST Engineering Marine Ltd, the Marine arm of Singapore Technologies Engineering Ltd (ST Engineering), will design and build a 2,900 tonnes per day (tpd) WTE facility and a 250 tpd MRF as part of the IWMF Phase 1 development. To be co-located with PUB’s Tuas Water Reclamation Plant (Tuas WRP) at the Tuas View Basin site, the IWMF WTE facility and the MRF will be amongst the largest of such facilities in Singapore when they are completed in 2024. 

Keppel Seghers, China Harbour and ST Engineering’s Marine arm’s share of the works under the EPC contract will be approximately 48%, 31%, 21% respectively. 

Based on Keppel Seghers’ proven and proprietary WTE technology, the WTE facility will generate sufficient electricity to sustain the operations of Tuas Nexus IWMF Phase 1 and the initial phase of Tuas WRP, with excess electricity for export to the grid.

The state-of-the-art WTE facility will feature Keppel Seghers’ air-cooled grate, boiler design, and advanced combustion system. In addition, the facility’s wet flue gas cleaning system will ensure the facility’s emissions comply with Singapore’s regulatory requirements as well as standards. As the consortium lead, Keppel Seghers will also be responsible for the overall project management. 

China Harbour will undertake the civil, structural and landscaping scope of the project, while ST Engineering’s Marine arm will be responsible for the construction of the MRF, power-island and the balance of plant. 

With advanced technologies to sort metals, paper, cardboard and plastics automatically, the MRF will improve sorting efficiency, contributing towards the overall recycling rate in Singapore. 

The consortium will work closely with NEA, as well as their consultants – a multi-disciplinary consultancy team led by Black & Veatch and AECOM, in association with Ramboll, for the design, construction and commissioning of this flagship project. 

Dr Ong Tiong Guan, CEO of Keppel Infrastructure, said, “As a developer and operator of two of Singapore’s current four WTE plants, Keppel, together with its partners, is honoured to contribute further to Singapore’s sustainable urbanisation through this flagship project. This project, which will contribute significantly towards Singapore’s long-term waste management plans, is a testament to Keppel’s leadership in world class WTE technology and will reinforce our position globally as a competitive and reliable waste management solution provider.” 

Singapore’s IWMF will mark the third integrated waste management project that Keppel Seghers has undertaken. Keppel Seghers has designed, built and is currently operating Qatar’s Domestic Solid Waste Management Centre, an integrated waste management facility that is treating waste for the whole country. In addition, Keppel Seghers Hong Kong Limited is also currently building Hong Kong’s (HK) first Integrated Waste Management Facility off the coast of Shek Kwu Chau, with Zhen Hua Engineering Co. Ltd., which is also a company under the China Harbour Engineering Company in Beijing. HK’s IWMF is its first integrated waste management facility for municipal solid waste and is contracted to treat 3,000 tpd of mixed municipal waste.

 Mr Tang Qiaoliang, President of China Harbour Engineering Company Ltd. (CHEC), said, “CHEC is honoured to participate, with its partners, Keppel Seghers and ST Engineering, in such a flagship environmental sustainability project and will fully utilise its expertise and strengths in the design and construction of civil, structural and landscaping, to complement its partners to deliver a world-class waste management solution. 

“With the construction of HK’s IWMF, which is currently the first and largest WTE project in HK, progressing well, Singapore’s IWMF will be the second waste management facility to be built by Keppel Seghers and CHEC worldwide. In addition, CHEC also undertook construction of the Tuas Sewage Treatment Plant in Singapore in 2019. The strategic fit for Keppel Seghers and CHEC will create more opportunities for cooperation in the future.” 

Mr Ng Sing Chan, President, Marine of ST Engineering said, “ST Engineering values industry collaboration, especially one such as this that helps facilitate Singapore’s drive towards environmental sustainability. We look forward to fulfilling our part in this consortium with our deep domain expertise in environmental engineering, and core competencies in managing large-scale engineering and critical infrastructure projects.” 

The abovementioned development is not expected to have a material impact on the respective net tangible assets or earnings per share of Keppel Corporation Limited and ST Engineering for the current financial year.

Source: Keppel Corporation

L&T Project- Petropipe

L&T’s construction arm wins contract for Eastern Dedicated Freight Corridor project

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Railways Strategic Business Unit of L&T Construction’s Transportation Infrastructure IC in consortium with M/s Kyosan Electric Manufacturing Co. Ltd., Japan has won a significant order in the form of 3 packages from the Dedicated Freight Corridor Corporation of India Limited (DFCCIL). The Design and Build orders involve 2×25 KV Overhead Electrification, Signalling & Telecommunication and Associated works in the Dadri – Khurja and Sahnewal – Khurja sections of the Eastern Dedicated Freight Corridor (EDFC). The works are spread across 442 Route Kms and 638 Track Kms.

L&T Construction is already executing the Electrification and Signalling System works contracts for the Mughalsarai to New Sonnagar section and Electrification works of the Mughalsarai – Bhaupur Section of the EDFC.

With this win, L&T will be electrifying 1000 out of 1346 Kms of the EDFC where orders have been finalized, and the entire 1465 Kms of the Western Dedicated Freight Corridor from Dadri to JNPT. DFCCIL is a special purpose vehicle of the Indian Railways, mandated to build dedicated freight corridors.

Background: Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over USD 21 billion in revenue. It operates in over 30 countries worldwide. A strong, customer-focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for eight decades.

Source: Larsen & Toubro Press Release

Subsea7 project- Petropipe

Subsea 7 awarded contract offshore Netherlands

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Subsea 7 announced the award of a substantial contract by Vattenfall for the Hollandse Kust Zuid (HKZ) 1-4 offshore wind farm project, located between 18-36km off the Dutch coast in the North Sea. 

Subsea 7 defines a substantial contract as being between USD 150 million and USD 300 million

The contracted work scope includes the transport and installation of approximately 140 wind turbine monopile foundations and 315km of 66kV inner array grid cables in water depths between 18 and 27 metres. Offshore installation is scheduled for execution in 2021 and 2022 using Seaway 7’s heavy lift, cable lay and support vessels. The contract is subject to a final investment decision by Vattenfall and Subsea 7 will include the contract in backlog once that decision has been made. 

The HKZ 1-4 offshore wind farms are being developed by Vattenfall as the first subsidy-free wind farms in the Netherlands, and when completed, will have an installed capacity of approximately 1.5 GW, which will meet the electricity needs of approximately 2-3 million Dutch households. 

Steph McNeill, EVP Subsea 7 Renewables, said: “We look forward to working collaboratively with Vattenfall as a trusted partner to install the foundations and inner array cables for the Hollandse Kust Zuid 1-4 wind farms and help to deliver the first subsidy-free offshore wind project in the Netherlands.” 

Catrin Jung, Head of Offshore Wind, Vattenfall, said: “We look forward to working with Subsea7 on this exciting project. The Netherlands is an important market for us and we are very happy to contribute to making the Dutch energy system more sustainable and support our customers, large and small, on their way to fossil free living.”

Source: https://www.subsea7.com/en/media/company-news/2020/subsea-7-awarded-contract-offshore-netherlands.html

L&T Projects- Petropipe

L&T’s construction arm wins ‘significant’ contracts for Buildings & Factories Business

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Engineering and construction giant Larsen & Toubro (L&T) and its construction arm has won ‘significant’ contracts for its Buildings & Factories Business. Though the company did not specify the value of the contracts, a significant contract as per its specification ranges between Rs 1,000 crore to Rs 2,500 crore.

“The Buildings & Factories Business of L&T Construction has secured orders from prestigious clients in India. The business has won an order t to design and construct an integrated resort complex project at Goa,” the company said in a statement.

The business has also secured an order to construct a Technology Park in Trivandrum over a total built up area of 2.3 million square feet.

Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over USD 21 billion in revenue. It operates in over 30 countries.

Source: https://bit.ly/2RZcaeh

Petropipe

TechnipFMC Awarded EPCI Contract for Woodside’s Lambert Deep and Greater Western Flank Fields in Australia

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 TechnipFMC has been awarded a significant integrated Engineering, Procurement, Construction and Installation contract by Woodside Energy Limited for the development of the Lambert Deep and Phase 3 of the Greater Western Flank fields, located offshore Northwestern Australia.

TechnipFMC will design, manufacture, deliver and install subsea equipment including subsea production system, flexible flowlines and umbilicals for connection to the Angel platform.

This is the second contract under the recently announced five-year iEPCI™ Frame Agreement between TechnipFMC and Woodside.

Arnaud Pieton, President Subsea at TechnipFMC, commented: “We are delighted to have been awarded another iEPCI™ project through our frame agreement with Woodside. This is Woodside’s second consecutive award adopting our Subsea 2.0 platform, confirming our common ambition to transform subsea economics through integration, standardization and configurability.”

The Angel platform is located about 120 kilometers north-west of Karratha and is connected to the North Rankin Complex (NRC) via a 50 kilometers subsea pipeline.

For TechnipFMC, a “significant” contract is between $75 million and $250 million

Important Information for Investors and Securityholders

Forward-Looking Statement

This release contains “forward-looking statements” as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. The words “believe”, “estimated” and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. Such forward-looking statements involve significant risks, uncertainties and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. For information regarding known material factors that could cause actual results to differ from projected results, please see our risk factors set forth in our filings with the United States Securities and Exchange Commission, which include our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. We caution you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any of our forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by law.

About TechnipFMC
TechnipFMC is a global leader in subsea, onshore/offshore, and surface projects. With our proprietary technologies and production systems, integrated expertise, and comprehensive solutions, we are transforming our clients’ project economics.

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

Source: https://bit.ly/3eHCCTI

UAE constriuction projects| petropipe

Malaysia’s Serba Dinamik wins $1.8bn EPC deal from Block 7 in Abu Dhabi

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Bursa Malaysia-listed Serba Dinamik Holdings has secured an engineering, procurement, and construction (EPC) services contract worth $1.8bn (AED6.6bn) from US-based Block 7 Investments at the UAE capital, Abu Dhabi.

The EPC contract has been awarded to Serba Dinamik International Ltd (SDIL), a wholly-owned subsidiary of Serba Dinamik Holdings.

In a stock market filing Serba Dinamik said that the project covers three areas of interest including, the Innovation Hub, which includes the development of offices, restaurants, exhibition centres, and IT centres; Academic Campus; and accommodation which includes apartments and hotels, spanning a total built-up area of 455,000m2.

The scope of work includes, but is not limited to, designing, engineering, procuring, supervising, managing, supplying, transporting, constructing, commissioning, and the remedying of any defects in connection with the project works.

The company said that work on the project will commence on 14 May 2020.

It added in the missive: “The project forms part of Block 7’s initiatives to create a global incubator for the advancement of innovators for the technology, property, financial as well as energy sectors, to be positioned as a new landmark for Abu Dhabi.”

Under the terms of the agreement, the company said that it would be “liable for damages in the event of its failure to comply with the Time for Completion with a maximum amount of 10% of the Contract Price”.

Serba Dinamik will complete the project works within 1,460 days from the commencement date, with the contract award expected to contribute positively to the company’s net assets, consolidated earnings, and earnings per share for the financial year ending 31 December 2020.

It is expected to contribute positively to Serba Dinamik’s financials for the financial year ending Dec 31, 2020, it added.

Source: https://bit.ly/2ROeQv5

saipem projects

Saipem awarded Egypt’s first polybutadiene plant, in consortium with Petrojet, for the amount of approx 150 million USD

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Saipem, leading a consortium with Egypt-based Petrojet, has been awarded a contract by Egyptian Ethylene & Derivatives Co. (Ethydco) for the first polybutadiene-producing facility in Egypt, with an expected production capacity of 36,000 MT/Y.

Saipem and Petrojet have a long history of partnership in Egypt and will be jointly responsible for detailed engineering design, procurement and supply of equipment and materials, construction, pre-commissioning, commissioning up to successful start-up and performance testing.

Saipem will contribute its key competencies as a leading solutions provider in the petrochemical sector, specifically in the elastomers segment.

The scope of work of the new rubber plant comprises one production train of Low Cis Butadiene Rubber and related facilities. Polybutadiene is a synthetic rubber with a high resistance to wear and is used in the manufacture of tires, which consumes about 70 per cent of all global production.

The overall value of the contract is for approximately 150 million USD.

Maurizio Coratella, Chief Operating Officer of the Saipem Onshore E&C Division, commented: “After successful completion of the fast-track Zohr project, this award confirms Saipem as a partner of choice to support the sustainable development of Egypt”.

Source: https://bit.ly/2VDY5Ei

Subsea 7 - Petropipe

Subsea 7 awarded contracts by Chevron for subsea installation services in the Gulf of Mexico

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Subsea 7 announced the award of contracts by Chevron U.S.A Inc. for subsea installation services related to the Anchor field, located in the Green Canyon area of the Gulf of Mexico. The Anchor field is approximately 140 miles off the coast of Louisiana.  

Subsea 7’s scope of work includes project management, engineering, procurement, construction and installation of the SURF components including, but not limited to, the production flowlines, risers, umbilicals, flying leads, jumpers, and associated appurtenances. 

Project management and engineering will commence immediately at Subsea 7’s offices in Houston, Texas. Fabrication of the flowlines and risers will take place at Subsea 7’s spool-base in Ingleside, Texas, with offshore operations anticipated to occur in 2022 and 2023. 

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

Galfar projects-Petropipe

Oman’s Galfar wins $24.5m Fahud runway revamp project from PDO

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Oman’s Muscat Securities Exchange-listed (MSM) Galfar Engineering & Contracting has secured a $24.5m (OMR9.5m) contract for the Fahud Runway Rehabilitation Project from the Sultanate’s state-held Petroleum Development Oman (PDO).

In a stock market filing undersigned by the contractor’s chief executive officer, Hand Erlings, the company said that the contract has been awarded for a period of 11.5 months, which is effective from 7 April 2020, with the contract being awarded on 31 March.

The company added that it expects “reasonable income from this project”.

In March, the company’s chief financial officer, Anantha Subramanian resigned from his post for “health reasons”. Subramanian was appointed to his role at Galfar in January 2018, following the resignation of its then CFO Gerard Hutchinson in September 2017.

The Omani contractor received a “letter of award” for a project covering the construction of cliff road and access road, with the contract being valued at $4.5m (OMR1.7m).

Source: https://bit.ly/2RAbrjD

Petropipe EPC News

India-listed L&T Construction wins contracts in Kuwait, Oman and Egypt

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India-based Larsen & Tourbo’s power and transmission distribution business, a part of its subsidiary, L&T Construction, has secured ‘major’ contracts for projects in Kuwait, Oman, and Egypt in the Middle East.

A major contract is classified as the one valued between $655.4m to $917.6m.

In Kuwait, the contracting heavyweight has been awarded a contract to upgrade substations and related power facilities in Kuwait National Petroleum Company’s (KNPC) Mina Al Ahmadi oil refinery. L&T Construction will use the latest technology to revamp the network of distribution substations to increase the reliability of power supply and facilitate expansion for the refinery.

Simultaneously, in Oman the contractor has secured an order for a 400 kV grid station that will connect existing grid in the South and North with Petroleum Development Oman (PDO) area. This will serve as an important element in the Sultanate’s major transmission initiative.

Meanwhile, L&T Construction will design, supply, construct and commission a 220 kV gas insulated substation  in Egypt. The contractor did not reveal the name of the company that has awarded this contract.

Source:https://bit.ly/3b33pat

Target engineering project- petropipe

Target Engineering Secured $57 million contracts in UAE

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Target Engineering Construction Company, a subsidiary of Arabtec Holding, UAE announced in a statement that, it has secured multiple contracts from United Arab Emirates. The total value of the signed contracts is AED 210 million (1 AED = 0.272294 USD).

ADNOC Offshore Contract:

A contract awarded by ADNOC Offshore to carry out the engineering, procurement, construction and commissioning (EPCC) works for the replacement of existing Slug Catchers, static equipment used in the upstream oil production facilities to minimise the slug from oil and gas pipelines. The value of the order is AED 84 million.

The project location is at the Satah Plant on Zirku Island, Abu Dhabi.

The contract works will commence immediately for a duration of 22 months. This award is line with the Group’s strategic priority to diversify its backlog into different sectors, including the industrial sector.

Construction of Sunset Square:

Target Engineering has also been awarded a contract for the construction of Sunset Square, Abu Dhabi.

The value of the order is AED 126 million.

Target’s scope of work includes the construction of a nineteen-storey commercial building.

The total built up area of the project is approximately 27,000 square metres. Project works are expected to commence shortly for a duration of 30 months.

Source: https://bit.ly/3eaGU5K

Petropipe News

L&T Hydrocarbon Engineering bags EPCC contract for IOC’s Barauni Refinery, India

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Engineering and construction giant Larsen & Toubro have won a ‘large’ contract from the Indian Oil Corporation for conducting capacity expansion of IOC’s Barauni Refinery, in Bihar.

The project won by company arm L&T Hydrocarbon Engineering involves engineering, procurement, construction and commissioning for 9 million tonne per annum (MTPA) Atmospheric & Vacuum Distillation Unit.

Though the company did not specify the exact amount of the contract, as per its specification it ranges between Rs 2,500 crore and Rs 5,000 crore.

The EPCC contract is for setting up a new 9 MTPA Atmospheric & Vacuum Distillation Unit (AVU) and allied facilities (EPCC-1 Package) for Barauni Refinery Capacity Expansion Project at IOCL’s Barauni Refinery, Bihar. The capacity of Barauni Refinery is being augmented from the current installed capacity of 6 MTPA to 9 MTPA,” the company said in a statement.

Awarded through an international competitive bidding on Lump Sum Turn Key (LSTK) basis, the contract demonstrates IOCL’s trust on L&T Hydrocarbon Engineering’s capability to deliver complex process plants to a challenging schedule with excellent safety and quality, the company said.

L&T Hydrocarbon Engineering is already executing a similar EPCC Project of 9 MTPA project for HPCL Visakh Refinery as a part of Visakh Refinery Modernisation Project.

Organized under offshore, onshore, construction services, modular fabrication and engineering services verticals, LTHE delivers ‘design to build’ engineering and construction solutions across the hydrocarbon spectrum.

Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over USD 21 billion in revenue. It operates in over 30 countries.

Source: https://bit.ly/39TSS0e

Saudi Arabia projects- Petropipe

Saudi Arabia’s Advanced Petrochemical and SK Gas to build $1.8 billion PDH and PP Plant

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Saudi Arabia’s Advanced Petrochemical Company has signed an agreement with South Korean company SK Gas for constructing and operating propane dehydrogenation (PDH) and polypropylene (PP) plants.

The project location is in Jubail Industrial City, eastern region of Kingdom of Saudi Arabia. The plant will be built with an investment of $1.8 billion.

The project will have a design capacity of 843,000 metric tons per annum of propylene and 800,000 metric tons per annum of polypropylene

Advanced Global Investment Company (AGIC), a subsidiary of Advanced and SK Gas Petrochemical (SKGP), signed a shareholder agreement to create a joint venture (JV) company called Advanced Polyolefins Company.

About 25% of the project will be financed using equity from shareholders, while the remaining 75% will be financed by the JV from borrowing from lenders.

AGIC will own an 85% equity stake in the newly formed JV company, while the remaining 15% will be owned by SKGP.

In addition, AGIC has signed a license agreement with US-based Lummus Technology for the supply of CATOFIN Technology for a 843KTA PDH plant.

It also executed two licence agreements with an Italian firm called Basell Poliolefine Italia for procuring SPHERIPOL Technology and SPHERIZONE Technology for two PP plants.

AGIC also signed a conditional land allocation letter with Royal Commission for the Project in Jubail.

Construction of the facility is expected to begin during 2021 and Saudi Aramco has agreed to supply propane on a long term basis.

Source: https://bit.ly/34fPjQJ

Tecnimont contracts- Petropipe

Tecnimont S.p.A. wins $10M contract for technology-driven engineering services in the petrochemical sector in Korea, Russian Federation and India

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 Maire Tecnimont S.p.A. announces that its subsidiary Tecnimont S.p.A. has been granted awards for a total amount of approximately $10 million for technology-driven engineering services and feasibility studies in the petrochemical sector in Korea, Russian Federation, and India. In particular, Tecnimont has signed a contract to develop the FEED (front end engineering design) and subsequent Detailed Engineering for the High Pressure section of a low-density polyethylene (LDPE) plant to be realized in Korea for one of the major energy and chemical companies in Asia Pacific, which is developing a new grassroot petrochemical integrated complex. Thanks to its technological know-how, Maire Tecnimont consolidates its market leadership in the engineering and construction of low-density polyethylene plants worldwide.

Awards comprise also two feasibility studies, one for a new Polypropylene Unit in India by Borealis AG and the other for an additional line of Acrylonitrile in Russian Federation by Lukoil OOO Saratovorgsinetz.

Pierroberto Folgiero, Maire Tecnimont Group CEO, commented: “These awards confirm that our Group is continuing its activities thanks to the current effort of every single colleague, as well as the benefit derived from the early adoption of our Digital Advantage Smart Platform.”

Maire Tecnimont is ensuring business continuity thanks to the utilization of its “Digital Advantage Smart Platform”. The Group launched in 2015 its “Digital Advantage” program that progressively led to the full digitalization of its processes that allows advanced collaboration among its professionals and partners, regardless their physical working location. Maire Tecnimont has been among the first adopters in its industry of the leading ICT technologies enabling full cloud and virtualization of Group infrastructure in order to perform from remote not only design and operation activities – BIM, full 3d modeling and AWP solutions to optimize engineering and construction – but also administration, finance and control, procurement and human resource management. 

Source: https://bit.ly/3bHQD1b

Mc dermott projects-Petropipe fze

McDermott Awarded Contract by BHP for Trion FPU Pre-FEED Design Competition

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 McDermott International, Inc. announced that it has been awarded a sizeable contract by BHP Billiton Petróleo Operaciones de México, S. De R.L. De C.V. (BHP) to provide pre-front-end engineering design (pre-FEED) services for a floating production unit (FPU) that will be installed in a water depth of approximately 8,200 feet (2,500 meters) at the Trion field, located approximately 19 miles (30 kilometers) south of the U.S./Mexico border and approximately 112 miles (180 kilometers) from the Mexican coastline.

The pre-FEED scope includes engineering tasks related to the configuration, sizing and preliminary analysis of the FPU, including topsides, hull, risers and mooring.

McDermott will work in partnership with Houston Offshore Engineering (HOE) and Wood on the pre-FEED, with McDermott’s Houston office leading engineering services—supported by its Mexico City office—and HOE and Wood providing engineering for the hull and topsides, respectively. McDermott will perform project management, execution planning and estimation services. Installation studies will be performed by McDermott’s Marine Operations and technical support for fabrication and integration planning will be handled by McDermott’s Mexico-based Altamira Fabrication Yard.

McDermott is currently delivering the subsea umbilicals, risers and flowlines (SURF), transportation and installation (T&I), pre-commissioning of one jacket and topsides for the BHP Ruby Project, located offshore Trinidad and Tobago. It is also providing FEED activities for an FPU for the Scarborough field gas development in Western Australia, of which BHP is a partner with Woodside.

The project will begin immediately with completion projected in the third quarter of 2020. The contract award will be reflected in McDermott’s first quarter 2020 backlog.

About McDermott
McDermott is a premier, fully integrated provider of technology, engineering and construction solutions to the energy industry. For more than a century, customers have trusted McDermott to design and build end-to-end infrastructure and technology solutions to transport and transform oil and gas into the products the world needs today. Our proprietary technologies, integrated expertise and comprehensive solutions deliver certainty, innovation and added value to energy projects around the world. Customers rely on McDermott to deliver certainty to the most complex projects, from concept to commissioning. It is called the “One McDermott Way.” Operating in over 54 countries, McDermott’s locally focused and globally integrated resources include more than 42,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world.

Source: https://bit.ly/2Uy8FgN

1`

McDermott Announces Chevron Lummus Global Technology Award by Southeast Asian Refiner

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McDermott’s joint venture with Chevron, has been awarded a sizeable contract by a Southeast Asian refiner for the license, engineering and supply of proprietary catalyst and equipment for its Lubricant Base Oil Group II Project to be built in Southeast Asia.

The new 5,200-barrels-per-day unit will employ CLG’s state-of-the-art lubricant base oil technologies for premium lube base oil production. Currently, the refinery produces only Group I lube base oils, and this project will allow them to meet growing regional demand for premium lubricant base oils.

“The lubricant base oil technology that we license through Chevron Lummus Global has helped our customers produce greater yields and better quality base oils, which was an important factor in the selection process of this project,” said Leon de Bruyn, Senior Vice President of McDermott’s Lummus Technology business. “With the recent award of several new projects in the region, CLG cherishes solid, long-standing relationships with refiners in the Asia Pacific region.”

This contract was signed in the first quarter of 2020.

About Lummus Technology
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.

About McDermott
McDermott is a premier, fully integrated provider of technology, engineering and construction solutions to the energy industry. For more than a century, customers have trusted McDermott to design and build end-to-end infrastructure and technology solutions to transport and transform oil and gas into the products the world needs today. Our proprietary technologies, integrated expertise and comprehensive solutions deliver certainty, innovation and added value to energy projects around the world. Customers rely on McDermott to deliver certainty to the most complex projects, from concept to commissioning. It is called the “One McDermott Way.” Operating in over 54 countries, McDermott’s locally focused and globally integrated resources include more than 42,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world.

– Plant will utilize Chevron Lummus Global lubricant base oil technologies
– Agreement includes technology licensing, engineering and proprietary catalyst and equipment
– Propriety technology enables the production of Group II and III base oils to meet growing regional demand.

Source: https://bit.ly/3arGUfe