EPC Contracts News
CB&I (NYSE: CBI) announced today it has been awarded a contract valued at approximately $1 billion by Ingleside Ethylene LLC, a joint venture between Occidental Chemical Corporation (OxyChem), a subsidiary of Occidental Petroleum Corporation (NYSE:OXY), and Mexichem, S.A.B. de C.V. (Mexichem)
Petrofac, the international oil and gas services provider, in a 50/50 joint venture with Korean based Daelim Industrial Co Ltd (Daelim) has been awarded a 36 month Engineering, Procurement and Construction (EPC) contract by Oman Oil Refineries and Petroleum Industries Company (ORPIC). The contract value is US$2.1 billion.
CB&I (NYSE:CBI) announced today it has been awarded a contract valued in excess of $70 million by Petrofac Saudi Arabia Co. Ltd. The project scope includes the engineering, procurement and construction of crude oil storage tanks at a grassroots refinery being constructed in Saudi Arabia.
Petrofac, the international oil and gas services provider, will lead a partnership with Italian lump-sum contractor Bonatti to execute a 32-month Engineering, Procurement and Construction (EPC) contract for Sonatrach to extend the life of the Alrar gas field in south east Algeria. The contract value is more than US$650 million.
Chiyoda Corporation announced today that the Chiyoda Group, including its wholly owned subsidiary Chiyoda System Technologies Corporation (CST), has received orders to provide EPC services for Solar Projects generating more than 86MW electrical capacity.
KBR (NYSE: KBR) today announced that it has been selected by Melbourne Water, in a joint venture with John Holland (JHKBRJV), to deliver engineering, procurement and construction (EPC) services for water, wastewater and drainage projects in Melbourne over the next three years.
IBERDROLA INGENIERÍA has signed a turnkey agreement worth €85 million for the construction of Kinangop wind farm, which will have a power capacity of 61 megawatts (MW) and will be located 40 kilometres northwest of Nairobi, Kenya's capital.
First Solar, Inc. (Nasdaq: FSLR) announced today it has entered into an agreement to construct a 250 megawatt (MW)AC solar power plant in Riverside County, California, for a subsidiary of NextEra Energy Resources, LLC.
Fluor And JGC Joint Venture Awarded EPC Contract By Chevron Phillips Chemical For Gulf Coast Petrochemicals Project In Texas
Fluor Corporation (NYSE: FLR) and JGC Corporation announced today that their 50/50 joint venture was awarded an engineering, procurement and construction (EPC) contract by Chevron Phillips Chemical Company LP (Chevron Phillips Chemical) for its U.S. Gulf Coast (USGC) Petrochemicals Project. Fluor booked its share of the undisclosed contract value in the third quarter of 2013.
Technip and Shell Cansolv have signed an agreement to leverage their respective expertise in marketing an end-to-end solution for Carbon Capture and Sequestration (CCS) projects. The agreement enables both Technip and Shell Cansolv to offer a full chain of engineering, procurement and construction (EPC) services for a post-combustion CO2 capture project to the power generation industry.