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

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Italy’s Saipem and South Korea’s Daewoo E&C Co. Ltd have signed a strategic deal for cooperation on targeted worldwide opportunities in the onshore oil and gas industry, with specific emphasis on the LNG sector.

By combining both companies’ assets and expertise in engineering, procurement and construction of onshore facilities, the two companies will focus on specific prospects with the target of creating efficiency and value to their customers.

The strategic alliance enhances and capitalizes on complementarity and synergies across the whole EPC value chain and establishes a key player capable of delivering superior solutions in global LNG construction.

As we focus on these two companies then Saipem is a leading company in engineering, drilling and construction of major projects in the energy and infrastructure sectors. It is “One-Company” organized in five business divisions (Offshore E&C, Onshore E&C, Offshore Drilling, Onshore Drilling and XSIGHT, dedicated to conceptual design). Whereas Daewoo E&C has been a leader in the construction industry in South Korea since its founding in 1973. Daewoo E&C is recognized as a world-renowned global construction company and aims to be a Global Top 20 by 2025.

Moreover, Daewoo E&C in a joint venture with Saipem has been nominated as a preferred bidder for the EPC of the Nigeria LNG Train 7 last September and Daewoo E&C is proud to demonstrate its meaningful entrance into the LNG engineering sector to the market.
This is a major project of both companies and their aim to achieving the corporate objectives of customers around the world.

Source: https://www.saipem.com/en/projects

Qatar Petroleum issues EPC tender for liquid products storage and loading facilities of the North Field Expansion Project

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Qatar Petroleum issued “Invitation to Tender” packages for the Engineering, Procurement and Construction (EPC) of additional liquid products storage and loading facilities and Mono-Ethylene Glycol (MEG) storage and distribution facilities, which will be located in Ras Laffan Industrial City and will be part of the North Field Expansion (NFE) Project..

Commenting on the announcement, His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President & CEO of Qatar Petroleum said, “The release of this tender package reflects the continuing progress Qatar Petroleum is making on the expansion of our LNG production capacity. With the volume of associated liquid products the NFE project will generate from offshore production and onshore gas processing, it was necessary to expand our existing storage and loading facilities. The unique approach in our contracting strategy for the multiple EPC packages allows us to match the execution expertise in the EPC contracting community to this specific scope of work.”

The NFE Project involves the addition of four mega LNG trains as part of Qatar Petroleum’s plans to expand the State of Qatar’s LNG production from 77 million to 110 million tons per annum by 2024.
Source: http://bit.ly/md0W93 

Orascom, Siemens selected to rebuild 1.6GW power plant in Iraq

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The agreement was signed with Iraq’s Ministry of Electricity to redevelop the Baiji 1 and Baiji 2 power plants in 28 months.

Egyptian contractor, Orascom Construction is set to team up with German conglomerate, Siemens to revamp two power plants in Iraq, after signing an agreement with the countries’ Ministry of Electricity.

In a statement published on its website, the Munich-headquartered firm said that the Baiji 1 and Baiji 2 power plants, which are located in northern Iraq, have a combined generation capacity of 1.6GW.

According to the contractor, work on the plants are set to be completed “within 28 months”.

Work at Baiji will begin once the contracts are approved by Iraq’s Council of Ministers and a financial agreement is reached with the Ministry of Finance.

Chief executive officer of Orascom Construction, Osama Bishai, said:”Our partnership with Siemens is a continuation of a successful relationship following the remarkable achievements on the mega power projects in Egypt.”

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

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

SNC-Lavalin wins $39m deal from Adnoc-CNPC’s Al Yasat Petroleum

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Canada-headquartered SNC-Lavalin has been awarded a general engineering, project management, and technical support services contract from Al Yasat Petroleum, a joint venture of Abu Dhabi National Oil Company (Adnoc) and China National Petroleum Corporation (CNPC), with an estimated value of $39.2m (AED144.1m).

Al Yasat Petroleum’s onshore concession area is located to the southwest of Abu Dhabi and spans 7,800 km², while its the offshore concession area is located to the northwest of the UAE capital and covers six fields with a total area of 582 km².

The offshore area consists of fields at Bu Haseer, Belbazem, Umm Al Dholou, Umm Al Salsal, and Yaser.

Under the three-year agreement, extendable for two years, SNC-Lavalin will partner with Al Yasat Petroleum through its engineering and project support arm, in line with Al Yasat Smart Growth Operating Model.

The scope of SNC-Lavalin’s contract includes conceptual studies and design, front-end engineering and design (Feed), execution planning, detailed engineering for small works, and specialised studies

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