EPC Contracts News
Technip Wins Jangkrik Subsea Package In Indonesia Leveraging Its Unique Subsea Vertical Integration And Strong Presence In Asia
Technip has been awarded a major(1) subsea contract by Eni Muara Bakau B.V. (Eni) the Operator of the Muara Bakau PSC, for the Jangkrik project located in the Muara Bakau PSC working area, approximately 70 kilometers off the coast of Makassar Strait, Indonesia, at water depth ranging from 200 to 430 meters.
Petrofac, the international oil and gas services provider, has been awarded a contract by BP, worth approximately US$1.2 billion, for the central processing facility (CPF) for the Khazzan gas project in the Sultanate. This has been awarded on a convertible lump sum basis and will convert to a full lump sum contract at a pre-determined point during execution.
CB&I (NYSE: CBI) announced today it has received an award valued at approximately $370 million by the Kuwait National Petroleum Company (KNPC) for its Clean Fuels Project at the Mina Abdullah I refinery in Kuwait.
Fluor Corporation (NYSE: FLR) announced today its joint venture team was selected by Kuwait National Petroleum Company (KNPC) as the preferred bidder to design, construct and commission the Mina Abdullah Package 2 Clean Fuels Project in southern Kuwait. Fluor expects to book its undisclosed portion of the project value in the company’s first quarter of 2014.
Petrofac, the international oil and gas services provider, leading a joint venture with Korean based Samsung Engineering Co Ltd (Samsung) and CB&I Nederland BV (CB&I) has received an award notification for Kuwait National Petroleum Company's (KNPC) Clean Fuels Project, Mina Abdulla (MAB1) refinery in Kuwait.
Technip Norge AS has awarded Kvaerner a sub-contract for the Fjord Base and Support Services related to the upending and make ready for mating operations of the substructure for the Aasta Hansteen Spar platform.
Entrepose Contracting and VINCI Construction Grands Projets, both subsidiaries of VINCI, have been awarded a contract with JSC Yamal LNG, owned by NOVATEK (80 %) and TOTAL (20 %)
AMEC Awarded A Six-Year Engineering, Procurement And Construction Contract By Nexen Petroleum UK Limited
AMEC, the international engineering and project management company, has been appointed by Nexen Petroleum UK Limited, a wholly-owned subsidiary of CNOOC Limited, to provide engineering, procurement and construction (EPC) services for their North Sea offshore assets. Nexen is a significant contributor to energy development in the UK.
Ulsan, South Korea – Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder and a leading industrial plant contractor, and Sidem, a subsidiary of Veolia Water Solutions & Technologies, announced the signing of a USD 1.4 billion EPC contract with SHAMAL AZ-ZOUR AL-OULA on December 12 to build the first phase of the Az-Zour North Independent Water and Power Project (IWPP).
CB&I (NYSE: CBI) today announced a joint venture between CB&I and Zachry Industrial, Inc. has been awarded two contracts, each valued at approximately $2.5 billion, by FLNG Liquefaction, LLC and FLNG Liquefaction 2, LLC in order to construct the first two trains of the Freeport Liquefaction Project.