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KBR-JGC consortium wins Tangguh LNG project bid
water infrastructure network, which spans more than 700 000 miles. The AWWA says that a convergence of replacement needs is approaching as pipes laid a century ago, in the 1920s, and the post-World War II era all need to be replaced over a relatively short period of time.
OIL & GAS
Filtration Industry Analyst
Aker Kvaerner to deliver a subsea oil production system for the Dalia project in Block 17 offshore Angola. Worth more than NKr2 billion, the work covers engineering, procurement and fabrication of all required subsea production equipment.
NZ REFINERY SET FOR UPGRADE
Fluor Corp and AMEC plc have formed Fluor/AMEC, a joint venture to undertake contracts to rebuild Iraq’s oil industry. The US Army Corps of Engineers is expected soon to ask for bids to refurbish Iraq’s petroleum operations. The joint venture builds on a successful long-term relationship first established in 1998. Fluor and AMEC are currently working together in the USA, Canada, Angola, South Korea and the Philippines.
The New Zealand Refining Co is to spend NZ$180 million upgrading the Marsden Point refinery to enable it to produce cleaner fuels. The Future Fuels project is necessary if the refinery is to meet the New Zealand Government’s new fuel specifications regulations, which become effective in 2006. The refinery currently supplies over 80% of New Zealand’s refined oil – around 70% of New Zealand’s petrol and more than 90% of the country’s diesel and jet fuel requirement. The refinery upgrade will be completed in 2005, in time for the introduction of the new fuel specifications on 1 January 2006.
TOTALFINAELF AWARDS ANGOLAN WORK
TOTALFINAELF TO INVEST 500M IN NORMANDY REFINERY
TotalFinaElf E&P Angola has placed a number of major contracts for the development of the Dalia oil field, offshore Angola. A US$640 million contract with Technip-Coflexip covers the FPSO (floating, production, storage, offloading facility), for which Technip-Coflexip is acting as the leader of a group of engineering and construction companies. A second US$580 million contract involves the subsea umbilicals, risers and flowlines package. Operator TotalFinaElf E&P Angola has also selected
TotalFinaElf will shortly invite bids for engineering, procurement and construction work for a distillate hydrocracker and steam methane reformer at its Normandy refinery near Le Havre, France. The hydrocracker unit, which will have a capacity of 2.4 million metric tons per year, will require the simultaneous construction of a steam methane reformer to supply hydrogen. The two units will require a total investment of around 500 million. The final decision to implement the project will be
FLUOR, AMEC JV TARGETS IRAQI REBUILD PROJECTS
made late this summer, once the results of the bidding process are known and local tax and environmental issues have been clarified. Construction work could begin in early 2004, with start-up scheduled for summer 2006.
KBR-JGC CONSORTIUM WINS TANGGUH LNG PROJECT BID A 50–50 joint venture partnership between KBR (formerly Kellogg Brown & Root) and JGC Corp of Japan has been selected as the winning bidder by BP Berau Ltd for an LNG plant for the Tangguh project in Papua, Indonesia. The US$1.4 billion project involves constructing a twotrain liquefied natural gas (LNG) processing plant and associated support facilities in Teluk Bintuni.
CHEMICALS JACOBS WINS DOW CONTRACT FOR NEW PET FACILITY A Jacobs Engineering Group subsidiary in the Netherlands is to provide engineering and procurement services for a world-scale polyethylene terephthalate (PET) production train being built at Dow Chemical Co’s integrated Buna Sow Leuna Olefinverbund site in Schkopau, Germany. The project involves the detail design of a 385 million pound state-of-the-art PET plant, which Dow is adding to the existing PET plant at the site. The plant is scheduled to go on stream by the end of 2004. The engineering work follows completion of the frontend design phase, during which Jacobs collaborated closely with Dow’s design and
construction engineering headquarters in Houston, Texas. Jacobs will execute the project from its office in Rotterdam, the Netherlands, with support from its local office in Germany.
AKER KVAERNER TO BUILD UK PTA PLANT FOR DUPONT Aker Kvaerner is to provide the engineering and procurement services for the expansion of a purified terephthalic acid (PTA) plant at Wilton, Teesside in the UK for DuPont Sabanci Polyester Europe BV, a joint venture between Sabanci Holding Co and DuPont Textiles & Interiors. With a contract value of £2 million, the project will be led from Aker Kvaerner’s Solent office in the UK. The work includes detailed design engineering, procurement and expediting as well as inspection services, for the expansion of the PTA plant. DuPont expects to complete the project by September 2004.
PETROCHEMICALS REVAMP FOR MALAYSIAN GAS PROCESSING PLANT Mitsubishi Heavy Industries Ltd and Malaysia’s Sumatec Corp Sdn Bhd are to rejuvenate a gas processing plant and LPG export terminal for Malaysia’s PETRONAS Gas Berhad. The contract is for the modification works on Gas Processing Plant 1 (GPP-1), and its associated facilities and LPG export facilities (ET1&2) in Kerteh and Kemaman, Terengganu. The aim is to restore capacity, extend operating life and improve the
3
MARKET PROSPECTS
May 2003
OIL & GAS
Filtration Industry Analyst
Aker Kvaerner to deliver a subsea oil production system for the Dalia project in Block 17 offshore Angola. Worth more than NKr2 billion, the work covers engineering, procurement and fabrication of all required subsea production equipment.
NZ REFINERY SET FOR UPGRADE
Fluor Corp and AMEC plc have formed Fluor/AMEC, a joint venture to undertake contracts to rebuild Iraq’s oil industry. The US Army Corps of Engineers is expected soon to ask for bids to refurbish Iraq’s petroleum operations. The joint venture builds on a successful long-term relationship first established in 1998. Fluor and AMEC are currently working together in the USA, Canada, Angola, South Korea and the Philippines.
The New Zealand Refining Co is to spend NZ$180 million upgrading the Marsden Point refinery to enable it to produce cleaner fuels. The Future Fuels project is necessary if the refinery is to meet the New Zealand Government’s new fuel specifications regulations, which become effective in 2006. The refinery currently supplies over 80% of New Zealand’s refined oil – around 70% of New Zealand’s petrol and more than 90% of the country’s diesel and jet fuel requirement. The refinery upgrade will be completed in 2005, in time for the introduction of the new fuel specifications on 1 January 2006.
TOTALFINAELF AWARDS ANGOLAN WORK
TOTALFINAELF TO INVEST 500M IN NORMANDY REFINERY
TotalFinaElf E&P Angola has placed a number of major contracts for the development of the Dalia oil field, offshore Angola. A US$640 million contract with Technip-Coflexip covers the FPSO (floating, production, storage, offloading facility), for which Technip-Coflexip is acting as the leader of a group of engineering and construction companies. A second US$580 million contract involves the subsea umbilicals, risers and flowlines package. Operator TotalFinaElf E&P Angola has also selected
TotalFinaElf will shortly invite bids for engineering, procurement and construction work for a distillate hydrocracker and steam methane reformer at its Normandy refinery near Le Havre, France. The hydrocracker unit, which will have a capacity of 2.4 million metric tons per year, will require the simultaneous construction of a steam methane reformer to supply hydrogen. The two units will require a total investment of around 500 million. The final decision to implement the project will be
FLUOR, AMEC JV TARGETS IRAQI REBUILD PROJECTS
made late this summer, once the results of the bidding process are known and local tax and environmental issues have been clarified. Construction work could begin in early 2004, with start-up scheduled for summer 2006.
KBR-JGC CONSORTIUM WINS TANGGUH LNG PROJECT BID A 50–50 joint venture partnership between KBR (formerly Kellogg Brown & Root) and JGC Corp of Japan has been selected as the winning bidder by BP Berau Ltd for an LNG plant for the Tangguh project in Papua, Indonesia. The US$1.4 billion project involves constructing a twotrain liquefied natural gas (LNG) processing plant and associated support facilities in Teluk Bintuni.
CHEMICALS JACOBS WINS DOW CONTRACT FOR NEW PET FACILITY A Jacobs Engineering Group subsidiary in the Netherlands is to provide engineering and procurement services for a world-scale polyethylene terephthalate (PET) production train being built at Dow Chemical Co’s integrated Buna Sow Leuna Olefinverbund site in Schkopau, Germany. The project involves the detail design of a 385 million pound state-of-the-art PET plant, which Dow is adding to the existing PET plant at the site. The plant is scheduled to go on stream by the end of 2004. The engineering work follows completion of the frontend design phase, during which Jacobs collaborated closely with Dow’s design and
construction engineering headquarters in Houston, Texas. Jacobs will execute the project from its office in Rotterdam, the Netherlands, with support from its local office in Germany.
AKER KVAERNER TO BUILD UK PTA PLANT FOR DUPONT Aker Kvaerner is to provide the engineering and procurement services for the expansion of a purified terephthalic acid (PTA) plant at Wilton, Teesside in the UK for DuPont Sabanci Polyester Europe BV, a joint venture between Sabanci Holding Co and DuPont Textiles & Interiors. With a contract value of £2 million, the project will be led from Aker Kvaerner’s Solent office in the UK. The work includes detailed design engineering, procurement and expediting as well as inspection services, for the expansion of the PTA plant. DuPont expects to complete the project by September 2004.
PETROCHEMICALS REVAMP FOR MALAYSIAN GAS PROCESSING PLANT Mitsubishi Heavy Industries Ltd and Malaysia’s Sumatec Corp Sdn Bhd are to rejuvenate a gas processing plant and LPG export terminal for Malaysia’s PETRONAS Gas Berhad. The contract is for the modification works on Gas Processing Plant 1 (GPP-1), and its associated facilities and LPG export facilities (ET1&2) in Kerteh and Kemaman, Terengganu. The aim is to restore capacity, extend operating life and improve the
3
MARKET PROSPECTS
May 2003