ADNOC announced the award of a $946 million (AED3.47 billion) EPC contract for the strategic long-term development of its Umm Shaif field

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Abu Dhabi National Oil Company (ADNOC) announced the award of a $946 million (AED3.47 billion) Engineering, Procurement, and Construction (EPC) contract for the strategic long-term development of its Umm Shaif field. The investment supports ADNOC’s oil production capacity plans of five million barrels per day (mmbpd) by 2030 while ensuring energy security for the United Arab Emirates (UAE) and partners around the world.

The ‘Long-Term Development Plan – Phase 1’ (LTDP-1) EPC contract was awarded by ADNOC Offshore to National Petroleum Construction Company (NPCC) after a competitive tender process. The scope of the award covers engineering, procurement, fabrication, installation and commissioning activities required to maintain Umm Shaif’s 275,000 barrels per day (mbd) crude oil production capacity, increase efficiencies and enhance the field’s long-term potential. 

Significantly, over 75% of the total award value will flow back into the UAE economy under ADNOC’s In-Country Value (ICV) program, ensuring that more economic value remains in the country from the contracts it awards. This reinforces ADNOC’s commitment to the UAE’s ‘Principles of the 50’, the economic blueprint for sustainable growth announced by the UAE’s leadership in 2021.

Yaser Saeed Almazrouei, ADNOC Upstream Executive Director, said: “This important award for the long-term development of ADNOC’s pioneer offshore Umm Shaif field will maximize efficiencies while maintaining future output and supporting ADNOC’s strategic objective of five million barrels of oil production capacity a day by 2030. In addition, the development plan for Umm Shaif underpins ADNOC’s commitment to maintain its position as a leading low-cost oil producer and strengthens our role as a reliable energy provider to customers around the world. 

“We are pleased to be collaborating again with NPCC as a contractor bringing leading expertise and advanced technologies along with a proven industry track record. Importantly, the very high In-Country Value generated from this contract award will stimulate new business opportunities for the private sector and, in line with the directives of the UAE’s wise Leadership, support the UAE’s economic growth as we look to our next 50 years.” 

The EPC contract, which is due to be completed in 2025, comprises two packages for network expansion and new well-head towers. The first package includes modifications and extension of existing facilities with installation of new subsea cables and pipelines for debottlenecking. The second package includes the design of three lean well-head towers with associated new pipelines. The contract incorporates ‘fit for the future’ technology including rigless electrical submersible pumps (ESP) and other digital field technologies, which will increase efficiencies while maintaining current production capacity.

Ahmad Saqer Al Suwaidi, CEO of ADNOC Offshore, said: “This contract is an important contributor to ADNOC Offshore’s plans as we build our production capacity to over 2 million barrels a day in the coming years in support of ADNOC’s smart growth strategy. The award follows a highly competitive bid process, which included a rigorous assessment of how much of the contract value would support the growth and diversification of the UAE’s economy through ADNOC’s ICV Program.” 

Umm Shaif is ADNOC’s most historic offshore asset. 2022 marks the 60th anniversary of the UAE’s first oil export of Umm Shaif crude oil (July 1962). Continuing investment and development at Umm Shaif ensures responsible maximization of profitability, enabling greater value for the UAE, ADNOC and its partners.  

Source: ADNOC

Daewoo Shipbuilding & Marine Engineering succeeds in winning orders for offshore plants one after another

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Daewoo Shipbuilding & Marine Engineering (CEO Seong-geun Lee) received orders for offshore plants one after another, brightening the prospect of achieving the order target. Daewoo Shipbuilding & Marine Engineering (DSME) announced on the 14th that it had won an order for a fixed platform of about KRW 725.3 billion from the North Oil Company (NOC) of Qatar. The facility ordered this time is to increase oil production in the Al-Shaheen field, the largest oil field in Qatar. This facility consists of a topside, a jacket, and an interconnection bridge with other facilities. Daewoo Shipbuilding & Marine Engineering (DSME) won an order for an FPSO worth about KRW 1.1 trillion in June, followed by another order for offshore facilities in a month. It is a splendid achievement for the first time in eight years since 2013 to have succeeded in winning multiple orders for offshore facilities in one year. A Daewoo Shipbuilding & Marine Engineering official said, “We received orders for offshore plants one after another, and Daewoo Shipbuilding & Marine Engineering’s experience and technology in building offshore plants were perfectly recognized. I will,” he said. This year, Daewoo Shipbuilding & Marine Engineering (DSME) will build a total of 40 ships/units worth about USD 6.13 billion, including 16 container ships, 11 ultra-large crude oil carriers, 9 ultra-large LPG carriers, 1 LNG carrier, 1 WTIV, and 2 offshore plants. We achieved about 80% of our goal of $7.7 billion this year by winning the plant order.

Source: www.dsme.co.kr

Subsea 7 awarded contract offshore Brazil

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Subsea 7 today announced the award of a very large contract by Petrobras for the development of the Mero-3 field located approximately 200 kilometres off the coast of the state of Rio de Janeiro, Brazil, at 2,200 metres water depth in the pre-salt Santos basin.

The contract scope includes engineering, fabrication, installation and pre-commissioning of 80 kilometres of rigid risers and flowlines for the steel lazy wave production system, 60 kilometres of flexible service lines, 50 kilometres of umbilicals and associated infrastructure, as well as installation of FPSO mooring lines and hook-up.

Project management and engineering will commence immediately at Subsea 7’s offices in Rio de Janeiro and Paris. Fabrication of the pipelines will take place at Subsea 7’s spoolbase at Ubu in the state of Vitória and offshore operations are scheduled to be executed in 2023 and 2024, using Subsea 7’s fleet of reeled rigid pipelay vessels.  

Marcelo Xavier, Vice-President Brazil said: “This contract builds on our strong, collaborative relationship with Petrobras and track record of executing major EPCI projects globally. Subsea 7 looks forward to working closely with Petrobras to successfully deliver the project.”

Subsea 7 defines a very large contract as being between USD 500 and 750 million.

Source: www.subsea7.com

L&T Construction Awarded Contract to Design and Build one of the world’s largest Oil & Gas Supply Bases

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The Buildings & Factories business of Larsen & Toubro Construction has secured a Significant contract from Oilfields Supply Company Saudi owned by the Dubai based Oilfields Supply Center Ltd. to design and build one of the World’s largest Oil & Gas Supply Bases at King Salman Energy Park, Dammam, Kingdom of Saudi Arabia.

The project involves constructing industrial facilities of different sizes, an administration building, ancillary buildings, associated infrastructure and storage yards along with Civil, Structural, MEP and Architectural works. The project is scheduled to be completed in 30 months.

“We thank our client, for reposing confidence in our capability to build a project of such size and scale,“ said Mr. M V Satish, Whole Time Director & Senior Executive Vice President (Buildings), L&T. Elaborating on its significance, he added “this project will act as a business incubator to support the oil and gas industry in the Kingdom and help accelerate industrial growth in the energy sector. It has strategic significance for L&T too, marking our future growth in such a potential-rich market like the Kingdom of Saudi Arabia.”

Source: corpwebstorage.blob.core.windows.net

woodgroup

Wood secured a new $42m contract from Equinor on behalf of operator Gassco to provide EPCI services at the Kollsnes gas processing plant in Norway.

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Wood has secured a new $42m contract from international energy company Equinor on behalf of operator Gassco to provide EPCI (engineering, procurement, construction and installation) services at the Kollsnes gas processing plant in Norway.

The contract will see Wood strengthen its onshore execution capabilities in Norway with the delivery of the Kollsnes MEG Upgrade (KMU) project, which includes an extension of the fourth MEG train at the plant, following the successful execution of the associated FEED study in 2019.

Effective immediately, the scope will be delivered by Wood’s engineering team in Norway, while leveraging the strength of the company’s process system expertise across its global organisation. Subcontractor Kvaerner will deliver the construction scope at the Stord Yard.

This award strengthens Wood’s position as a leading contractor in the development and upgrades of critical onshore energy infrastructure, building upon recently awarded modification scopes for Equinor at the Mongstad refinery.

Source: Wood

ctci 2

CTCI and GE Awarded Multi-Billion Dollar EPC Contract for 5 Combined Cycle Gas Power Units in Taiwan

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Earlier this month, Taiwan’s engineering, procurement, and construction (EPC) leader CTCI Corporation and consortium partner, General Electric International Inc (GE), secured a record-breaking multi-billion-dollar EPC contract for five combined-cycle gas-fired power generating units at two power plants in Taiwan.

In partnership with U.S. global company, GE, the consortium was selected for the project which includes works for three new generating units at Hsinta Power Plant with 3,900 MW installed capacity and two new generating units at Taichung Power Plant with 2,600 MW installed capacity, both of which are owned by Taiwan Power Company, the state-owned electric power utility corporation.

“We are pleased to be part of the government’s effort to bring cleaner energy,” said Michael Yang, Chairman of CTCI Corporation. “The result is also a recognition of CTCI Corporation and GE’s proven track records in the power industry.”

CTCI Corporation will provide engineering and construction of civil work and erection for the generating units, as well as whole work of balance of plant. GE will deploy ten units of its latest gas turbine technology, the 7HA.03, with its matching steam turbine, generators and HRSG at both sites. The 7HA.03 is the best evaluated technology striking the optimal balance for power output, efficiency and maintainability.

“Building on a proven track record of delivering and commissioning projects in Taiwan, GE is proud to support Taiwan Power Company in their energy transition program to increase electricity production capacity with more efficient technologies, and bring fast, flexible power to Taiwan,” said Ramesh Singaram, President and CEO of GE Gas Power Asia.

The new generating units will commence operations in phases from 2024, gradually replacing coal-fired power generating units, in line with Taiwan government’s non-nuclear and clean energy policy that seeks to increase gas-fired power ratio to 50% by year 2025.

CTCI Corporation has extensive track records in power plant EPC in Taiwan and Southeast Asia, including nuclear, thermal, cogeneration, and combined cycle power plants. In addition, its parent CTCI Group continues to be a strong supporter of the government’s energy diversification policies by tapping into renewable energy sectors such as offshore wind, solar power, and biomass. For GE, the project builds on the company’s proven track record in Taiwan, where GE’s latest HA technology will power the Datan 7, 8 & 9 combined-cycle power plants.

Source: CTCI

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Elsewedy Electric signs new EPC contract to build a substation with EGP 355.5 Million in Sadat City, Egypt

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Elsewedy Electric the leading wires & cables and Integrated Energy Solution Provider in the Middle East and Africa, announced that its subsidiary Elsewedy Electric for Trading & Distribution has signed a new contract to build a new substation with a value of EGP 355.5 Million on a turnkey basis. The EPC contract will be implemented over a 14-month period.

It is worth mentioning that Elsewedy Electric for Trading & Distribution is a pioneer company in the execution of high voltage Transmission lines for more than 1000 km with both (220 KV & 500 KV) and substation (200 KV & 500 KV) within Egypt and Africa. 

Source: Elsewedy Electric

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Van Oord awarded contract to construct Hollandse Kust (noord) offshore wind farm

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Following the announcement that CrossWind received the permit for the Hollandse Kust (noord) offshore wind farm, Van Oord is pleased to confirm that it has been contracted for the Balance of Plant scope. CrossWind is a joint venture between Shell and Eneco.

Offshore wind is essential in achieving the energy transition in the Netherlands. In the 2030 Roadmap for offshore wind energy, the Dutch government states that more than 11 gigawatts (GW) of offshore wind farms will be built and connected to the mainland by 2030. Over the past years, Van Oord has played an important role in the development and construction of several Dutch offshore wind farms, such as Gemini Offshore Wind Park and offshore wind farm Borssele III & IV and site V. Hollandse Kust (noord) will have an installed capacity of 759 MW, generating at least 3.3 TWh per year. This is enough renewable power to supply more than 1 million Dutch households with green electricity. CrossWind plans to have the wind farm operational by 2023.

Source: Van Oord

Technip FMC

TechnipFMC Signs a Major EPC Contract with Assiut National Oil Processing Company (ANOPC) for a New Hydrocracking Complex in Egypt

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TechnipFMC has signed a major Engineering, Procurement, and Construction (EPC) contract with Assiut National Oil Processing Company (ANOPC) for the construction of a new Hydrocracking Complex for the Assiut refinery in Egypt.

This EPC contract covers new process units such as a Vacuum Distillation Unit, a Diesel Hydrocracking Unit, a Delayed Coker Unit, a Distillate Hydrotreating Unit as well as a Hydrogen Production Facility Unit using TechnipFMC’s steam reforming proprietary technology. The project also includes other process units, interconnecting, offsites and utilities.

The complex will transform lower-value petroleum products from Assiut Oil Refining Company’s (ASORC) nearby refinery into approximately 2.8 million tons per year of cleaner products, such as Euro 5 diesel.

The complex will transform lower-value petroleum products from Assiut Oil Refining Company’s (ASORC) nearby refinery into approximately 2.8 million tons per year of cleaner products, such as Euro 5 diesel.

Catherine MacGregor, President of Technip Energies, stated: “This award demonstrates TechnipFMC’s long-standing relationship with the Egyptian petroleum sector and strengthens our expertise in the delivery of complex projects in the country. It comes after successful execution of the FEED (2), reflecting our selective approach and the importance of being involved at a very early stage of any development. Assiut is considered one of the major strategic projects needed to meet growing local demand for cleaner products, and we are extremely honored to have been selected by ANOPC to contribute to the largest refining project to be implemented in Upper Egypt.”

The Company is working with ANOPC to complete the remaining conditions precedent to enable project work to commence. The Company will include the contract award in its inbound when all the requirements are fulfilled.

Source: Technip FMC

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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

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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

ADNOC news

UAE finds new natural gas field between Abu Dhabi, Dubai

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The United Arab Emirates on Monday announced the discovery of a natural gas field containing 80 trillion standard cubic feet of gas between Abu Dhabi and Dubai.

Authorities said the new Jebel Ali field would help the Emirates become more energy independent, as the UAE now imports natural gas from Qatar for electricity.

Leaders of Abu Dhabi and Dubai witnessed the signing of an agreement between Abu Dhabi National Oil Company (ADNOC) and Dubai Supply Authority for the exploration and development of the gas resources.

Qatar has continued to supply its Gulf neighbour with gas via the Dolphin pipeline, despite being blockaded by the UAE and three other Arab nations over a years-long political dispute. 

In June 2017, Saudi Arabia, the UAE, Bahrain and Egypt imposed a land, air and sea blockade on Doha, accusing it of “supporting terrorism”.

Qatar has repeatedly and vehemently denied the allegation.

The agreement with Qatar “reinforces ADNOC’s commitment to ensuring a sustainable and economic gas supply and achieving gas self-sufficiency”, said the firm’s CEO, Sultan al-Jaber.

ADNOC and the Dubai Supply Authority will explore and develop the shallow gas field, which spans some 5,000 square kilometres (1,930 square miles), ADNOC said.

Monday’s statements gave no details on the timeframe for the new gas resources to come on stream or the estimated cost of the projects.

Shallow gas resources are reserves found trapped not too deep from the surface but they need advanced technology for production.

Qatar is the world’s largest liquefied natural gas (LNG) producer.

It produces and supplies the globe with 42 million metric tonnes of LNG annually. Most of this gas is pumped from the North Field, which is part of the world’s largest gas field that is shared between Qatar and Iran.

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Adnoc signs energy deals as UAE agrees $23bn investment in Indonesia

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Abu Dhabi National Oil Company signed a preliminary agreement with Indonesia’s Pertamina and Chandra Asri to explore the possibility of developing a crude-to-petrochemicals complex in the South East Asian nation in addition to potentially supplying naphtha, as the UAE agrees to invest $23 billion (Dh 83.68bn) in the country through a sovereign wealth fund being created by its President Joko Widodo.
The investment agreement by Adnoc is part of 11 business deals worth around 314.9 trillion Indonesian rupiah ($23bn), President Widodo announced on Twitter after he met Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces at the Qasr Al Watan Palace.



The UAE, the second-biggest Arab economy, plans to invest in Indonesia’s infrastructure and energy sectors, including projects such as the development of a new capital in Indonesia, Bloomberg reported citing a statement by the Indonesian cabinet secretariat on Monday. Japan’s SoftBank Group and the US International Development Finance Corporation are also eyeing taking part in the fund which is key in helping Indonesia meet its ambitious infrastructure programme, which requires more than $400bn of investment over the next five years.

The latest round of deals between the UAE and Indonesian firms follows $10bn to $15bn worth of agreements signed by companies such as Adnoc, Mubadala Investment Company and port operator DP World during a visit by Sheikh Mohamed to Jakarta last year.