Lamprell awarded Saudi Aramco Engineering, Procurement, Construction and Installation contract

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Lamprell, international service provider to the energy industry, is pleased to announce that it has been awarded an Engineering, Procurement, Construction and Installation (EPCI) contract* by Saudi Aramco as part of their Long-Term Agreement Programme (LTA) with Lamprell. This is the organisation’s second award under the LTA framework. Scheduled for completion in 2022, the scope of work includes the supply and installation of three drilling jackets and two new single well observation jackets/decks. Christopher McDonald, CEO, Lamprell, said: “We are very honoured to have been awarded a second contract by Saudi Aramco and look forward to delivering the project safely and on time. This is an excellent result for the business and has resulted from many months of dedication and rigour from our bid and proposals team. “This further serves to reinforce the evolution of our strategy across the oil & gas, renewables and digital sectors. With Saudi Arabia very much part of our oil & gas focus, this award represents a significant success for us.”

Source: www.lamprell.com

Hyundai E&C Petropipe

Hyundai E&C bags US$2.8 bln deal from Panama

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SEOUL, Feb. 5 (Yonhap) — Hyundai Engineering & Construction Co. said Wednesday that its consortium has clinched a US$2.81 billion deal to build a metro line in Panama.

Under the deal with Metro de Panama S.A., the consortium will build a 25-kilometer-long metro line with 14 stations that will run from Panama City to the capital’s west. The construction is expected to take 54 months, according to the South Korean builder.

It is Hyundai E&C’s first deal in the Central American country.

Hyundai E&C said it has a 51-percent stake in the project while POSCO Engineering & Construction and Hyundai Engineering Co. have 29-percent and 20-percent stakes in the project, respectively.

Source:- https://en.yna.co.kr/view/AEN20200205003300320

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

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

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

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

Source: www.saipem.com

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

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

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

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

Source: www.galfar.com

Larsen & Toubro wins up to Rs 2,500 crore contract in Maharashtra, Odisha

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India-based contractor Larsen & Toubro (L&T) said its construction business had been awarded an engineering, procurement, and construction contract for the Gunjawani piped distribution network, including Narayanpur Lift Irrigation Scheme, from Maharashtra Krishna Valley Development Corp (WRD) in Pune, and another deal by Rural Water Supply and Sanitation Department to develop two rural piped water supply projects in Odisha’s Jharsuguda district.

Work on the Gunjawani project will involve the design, procurement, and construction of gravity mains, as well as the installation of pumping system.

The development will cover 21ha and will draw water from the Gunjawani dam.

The Odisha contract comprises design and construction activities for two intake structures, two water treatment plants, 1.7km2 of transmission and distribution pipelines, 58 overhead service reservoirs, nine booster pumping stations, and associated electromechanical and instrumentation works.

When complete, the project will provide drinking water for 273 villages in the Jharsuguda district, L&T said in a statement.

Source: http://bit.ly/2kLLOPG