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Saudi Aramco has entered into a long-term deal with a consortium comprising of TechnipFMC and MHB-owned, Malaysia Marine and Heavy Engineering (MMHE). In a statement given to press, MHB informed that the agreement binds the consortium to provide engineering, procurement, fabrication, transportation, and installation services to Saudi Aramco’s offshore projects. MHB also informed about being awarded a contract by TechnipFMC for the fabrication of the Pluto Water Handling Module.
US-based Meridian Energy Group has assigned EPC giant, McDermott as the contractor to the Meridian Davis Refinery in North Dakota. Under the scope of the contract, McDermott will carry out Front-End Engineering Design (FEED). Post completion of the FEED phase, both the parties will ink a comprehensive turnkey EPC agreement. The Davis refinery is entering final design and equipment fabrication phase.
China-based Inner Mongolia Huineng Coal Chemical Co Ltd Technology firm has contracted the Linde Group to supply a mid-scale LNG plant in Inner Mongolia. The new LNG plant will be seventh in line for Linde to date in China, and also the largest. Linde's Engineering Division will provide engineering, procurement and site services for the 750,000 tpa LNG plant. Linde will utilise its proprietary LIMUM(R) process for the plant.
Norwegian oil major, Equinor has granted the £85m jacket supply contract for the Johan Sverdrup project to Kvaerner. Under the scope of the contract, Kvaerner will carry out engineering, procurement and construction (EPC) of the steel substructure for the second processing platform in Johan Sverdrup field. The 12,300-tonne substructure is expected to be installed in spring 2021.
EPC giant, McDermott International and Italian contractor, Saipem are planning to jointly bid for NextDecade's proposed Rio Grande LNG project in Texas. CEO, McDermott informed that they are planning to submit the joint EPC proposal in the second quarter of 2019. NextDecade expects to reach a final investment decision on the project by 3Q2019.
EPC giant, TechnipFMC has concluded the construction of a new ammonia production unit, “Ammonia 4”, executed for Duslo, as part of the Agrofert group. The 1,600 tpd Ammonia 4 unit, which has an estimated operating life of 40 years, utilises Haldor Topsoe’s latest-generation technology. The plant successfully met performance criteria in July. The new unit is operating in the existing fertilizer complex located in Sal’a, in Slovak Republic.
EPC giant, McDermott International secured an EPC contract of a Delayed Coker Unit, from LUKOIL NizhegorodNefteorgSyntez. The unit will be installed in the Deep Conversion Complex, to be constructed in Kstovo, Russia. This award follows a contract awarded in 2016 to McDermott's JV with Chevron, Chevron Lummus Global (CLG), for its delayed coking technology.
Eni Mexico has handed Japan’s MODEC a Letter of Intent for supplying, chartering and operating an FPSO vessel for its Area 1 project in Mexico. MODEC will carry out the engineering, procurement, construction, mobilization, installation and operation of the FPSO at the Area 1 project. First oil production by FPSO is scheduled in 2021.
Texas-based engineering firm, Fluor Corporation has secured LNG Canada’s $14-billion EPFC contract in a joint venture with JGC Corporation. The JV will deliver engineering, procurement, fabrication and construction on the LNG Canada project. Fluor will receive $8.4-billion share from the contract. LNG Canada is a JV between Shell, PETRONAS, PetroChina, Mitsubishi Corporation and KOGAS.
McDermott International has secured a multi-million dollar technology contract in Thailand. The EPC major will offer basic engineering and license of Lummus' olefins technology. McDermott will also design and provide the proprietary SRT® III heater for the Map Ta Phut Olefins Co (MOC) Debottleneck Project. McDermott's Lummus Technology is one of the leading licensors of proprietary petrochemicals, gasification, refining, and gas processing technologies.
EPC giant McDermott has deployed construction support vessel (CSV), Southern Ocean to provide aid to its subsea installation project offshore India. Southern Ocean is under the joint ownership of Bourbon and Oceanteam. Mobilization of Southern Ocean will come at the end of the year, stated Oceanteam. Work completion is expected by the second quarter of 2019.
EPC giant, TechnipFMC has sued Houston-based McDermott International and its newly appointed CEO, Samik Mukherjee for trade secret theft. TechnipFMC has alleged that Mukherjee downloaded thousands of sensitive and confidential documents right before he left his job at TechnipFMC to accept an offer at McDermott. The court has passed a temporary restraining order necessitating McDermott and Mukherjee to return any TechnipFMC documents and their use.
McDermott International has bagged a subsea pipeline flowline installation contract from PEMEX Exploration & Production. The contract is on a lump sum basis. McDermott will perform the design and detailed engineering, procurement, construction and installation (EPCI) for two subsea pipelines in support of Ayatsil field, offshore Mexico. Installation of the pipelines is slated for completion in the first phase 2019.
UK-based Subsea 7 has secured a multi-million dollar contract from Canadian oil and gas firm, Nexen. The contract is part of Buzzard Phase 2 project, off Scotland’s northeast coast. The scope of the contract covers project management and EPCI of a 5km Pipeline Bundle and other activities related to the provision of a heavy lift vessel. The offshore operations will commence in 2020.
UK-based design firm, TechnipFMC released its second-quarter earnings, reporting a 23.6% drop in revenues. The firm’s profit fell from $165 million to $106 million, mostly because the company’s projects have been winding down while others are gearing up. CEO, TechnipFMC believes that despite the low profits in Q2, the future remains bright as the offshore energy sector is recovering from the recent oil bust.
Lukoil subsidiary, Lukoil NizhegorodNefteorgSyntez has awarded $527 million worth of two EPC contracts for Kstovo Refinery in Russia. The contract is secured by Italian firm, Maire Tecnimont subsidiary, KT-Kinetics Technology. The scope of the contract covers EPC activities for the deployment of a diesel fuel hydrotreater unit, a hydrogen production unit, and some other units.
Technology provider, McDermott has secured an EPC contract for Chicago Bridge and Iron (CB&I) storage tanks in Saudi Arabia. The contract was awarded by Samsung Engineering, for the Jubail United Petrochemical Company (JUPC) Ethylene Oxide (EO)/Ethylene Glycol (EG) Plant No. 3 at Jubail, Kingdom of Saudi Arabia. Under the fixed lump sum type contract, McDermott will carry out EPC of 23 CB&I storage tanks and will modify two existing tanks.
A joint venture between Petrofac and Turkish Standard Institutions (TSE) bagged a multi-million dollar Project Management Consultancy (PMC) contract, for a period of three years. The contract pertains to support the BOTAS North Marmara Underground Gas Storage Expansion Project in Turkey. The scope of the contract includes detailed design, engineering, procurement, construction, drilling and decommissioning, along with commissioning and start-up activities.