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Showing posts with label Construction. Show all posts
Showing posts with label Construction. Show all posts

Wednesday, July 13, 2011

CB&I Scores Engineering, Construction Contract for Northeastern Facility

- CB&I Scores Engineering, Construction Contract for Northeastern Facility

Wednesday, July 13, 2011
CB&I

CB&I has been awarded a contract, valued in excess of $300 million, for a new natural gas processing plant in the Northeastern U.S.

CB&I's work scope includes the engineering, procurement and construction of a 200 million cubic foot per day natural gas processing plant, including full fractionation and treatment capabilities, storage tanks and loading systems. In addition, CB&I's Lummus Technology business sector is providing its proprietary NGL-MaxSM recovery technology. The contract is scheduled for completion in 2012.

"This contract is a great example of CB&I's ability to leverage the synergy of our technology, storage and EPC capabilities to provide a single-source solution to natural gas producers," said Philip K. Asherman, President and CEO. "As gas production ramps up in U.S. shale basins, we are well positioned to support the infrastructure development needs of these strategically important projects."

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Wednesday, July 6, 2011

Clough, SapuraCrest In Talks over Construction Business

- Clough, SapuraCrest In Talks over Construction Business

Wednesday, July 06, 2011
Clough Ltd.

Clough confirmed that it is currently in discussions with SapuraCrest Petroleum Berhad (SapuraCrest) regarding its Marine Construction business. These discussions may result in a sale transaction, cooperation and/or other business arrangement.

While the parties continue to make good progress with their discussions, no binding arrangements have been entered into and there is no assurance that any transaction

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Friday, July 1, 2011

ATA to Complete Construction at Chirag in 2013

- ATA to Complete Construction at Chirag in 2013

Friday, July 01, 2011
Knight Ridder/Tribune Business News
by E. Ismailov, Trend News Agency, Baku, Azerbaijan

The Alliance Amec-Tekfen-Azfen (ATA) will complete the construction of topside structures and drilling facilities for the new platform within the Chirag oil project to increase oil production on the block Azeri-Chirag-Guneshli in March 2013, a source on the oil and gas market said.

The source said that at present, some elements of the topsides and rig are being assembled. They are planned to be completed in the second quarter of next year. About 70 percent of the work within the wellhead platform was conducted. "According to the plan of operations, the drilling sites are planned to be installed in May next year," the source said.

The source said that it is planned to mount a rig next month. All the necessary elements will be imported from Poland.

The construction process consists of two stages. The first stage is the production of the necessary elements, and the second stage involves their installation.

ATA has engaged in construction of the topsides of one of the technological platforms. Chirag oil project envisages construction of a new platform called West Chirag. The platform will be installed at a depth of 170 meters between the already-running production platforms Chirag and Guneshli.

Chirag oil project envisages investments in the amount of $6 billion.

Outstripping drilling, under the project covered in the second half of 2010, will go on until the first half of 2012. The Dede Gorgud rig will perform the drilling, with production from the platform expected to begin late 2013.

In total, 300 million barrels of oil are expected to be produced under the ACG contract by the end of 2024.

ACG participating interests are BP with 34.43 percent, Chevron with 11.27 percent, SOCAR with 10 percent, INPEX with 10.96 percent, StatOil with 8.6 percent, Exxon with 8 percent, TPAO with 6.8 percent, Itochu with 4.3 percent and Hess with 2.72 percent.

Copyright (c) 2011, Trend News Agency, Baku, Azerbaijan

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Friday, June 24, 2011

Clough Wins Construction Work at AU Macedon Proj.

- Clough Wins Construction Work at AU Macedon Proj.

Friday, June 24, 2011
Clough Ltd.

Clough announced the award of a circa A$45 million contract to the STREICHER-Clough Joint Venture (SCJV) for pipeline construction work on the Macedon Project.

SCJV is a 50/50% joint venture between Clough and Germany's pipeline engineering and construction specialists, STREICHER Group.

The scope of work includes horizontal directional drilling, construction of an onshore wet gas pipeline and sales gas pipeline and umbilical installation. Work is due to commence in June 2011 with completion anticipated in May 2012.

"We are delighted to be working on this important Western Australian project," said Clough's CEO John Smith.

"We will utilize resources and expertise from our Clough Seam Gas division and partner STREICHER to deliver the best possible project outcomes."

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Monday, June 6, 2011

Petrobras Board Approves Rig Construction Program

- Petrobras Board Approves Rig Construction Program

Monday, June 06, 2011
Rigzone Staff

Petrobras' Board of Directors has approved the bidding process for the construction of up to twenty-one drilling rigs to be built in Brazil. Drilling contractors that are awarded a contract to build a rig will also be awarded a contract with Petrobras for the chartering of the unit. Each participating company can bid to build as few as one rig or as many as twenty-one rigs. The drilling units must be built using local content as certified by the ANP.

This tender is part of Petrobras' overall strategy to hire up to twenty-eight new rigs to be built in Brazil for deepwater exploration primarily in pre-salt fields.

Earlier this year, Petrobras awarded a rig construction package to Sete Brasil for the construction of seven deepwater drillships. These rigs will be built by Estaleiro Atlantico Sul, a consortium made up of Samsung Heavy Industries, Queiroz Galvao and Camargo Correa.

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Monday, May 30, 2011

Holistic View to Rig Design, Construction Needed to Minimize Software Risk

- Holistic View to Rig Design, Construction Needed to Minimize Software Risk

Monday, May 30, 2011
Rigzone Staff
by Karen Boman

The growing use of software to run drilling rigs, coupled with the regulatory and operational challenges of the post-Macondo world, means that drilling rig contractors should take a more holistic view to reducing control systems software and hardware integrated-related non-productive time (NPT) and schedule delays.

According to Athens Group's third annual International Benchmarking Survey, this holistic approach include designing, building and testing a drilling rig as an integrated system, rather than testing individual systems before they are put together. Athens Vice President of engineering Bill O'Grady said this would allow for software risks to be addressed earlier in a rig's lifecycle.

The fact that most drilling equipment used today is software-driven presents challenges, and delays in rig delivery and problems integrating software systems mean lost revenue and additional costs for drilling contractors. "Typically, we see a collection of equipment built and tested separately and put together late in the process," said O'Grady. The task of integrating software systems also is spread among employees, rather than one person assigned the job. "Unless these systems integrated, you won't get the benefits of the software programs."


The study focuses on the cost and causes of control systems software and hardware integration-related NPT and safety incidents, and seeks to identify opportunities and barriers to reducing NPT and was as initiatives planned for 2010 and 2011. While progress has been made in reducing software and hardware-related NPT, the study found that the rate of control system and hardware integration NPT is 67 to 86 percent higher than the acceptable rate, depending on the age of the asset.

The top causes of NPT, with the exception of lack of shipyard experience, which is now last on the list, remain the same from last year's survey. The top causes include overextended equipment vendors, lack of software-experienced engineers, and late delivery and testing of software.

Many engineers lack software experience since oil and gas industry traditionally has been a hardware intensive company with mechanical control systems on board drilling rigs. In the past decade or so, the benefits of introducing software programs to control functions on board rigs began to take hold in the industry, but engineers more familiar with hardware are still adapting to using software.

Athens CMO Christine Lowry also attributes the lack of software experience to the 1980s energy industry bust, when many workers were laid off. This bust likely scared off potential recruits who would have entered the industry in the 1990s, many of whom would be familiar with computer software.

While software systems became prevalent on drillships and semisubmersibles in 1998, so few rigs are typically delivered each year, with the exception of last year, that experience installing integrated software systems is still lagging in comparison to other industries. The year 2010 was an exception, and equipment vendors were stretched thin due to 48 high-specification rigs delivered, the largest number of deliveries ever.

Two trends O'Grady sees among rigs is that older platforms with electromechnical systems need to be completely refurbished with a software system, and rigs built in 2000 through 2004 coming in for refurbishments also require software upgrades. Rigs such as the ENSCO 8500 series are the same in theory, but because software versions change, there is not a lot of duplication.


The survey found that adoption of simulation testing for topsides, improved rig crew training, and implementation of alarm management software are the top three opportunities for reducing NPT.

Thirty-seven percent of respondents in the survey indicated they would implement improved rig crew training this year, with training needed specifically targeted at the operation of complex integrated software control systems, and the maintenance and configuration of complex integrated software control systems. Survey respondents also included the adoption of simulation testing for topsides and implementation of alarm management software in their top three NPT reduction initiatives planned for this year.

O'Grady noted that simulation can be a valuable tool to test software, but choosing the right simulation and at the right time in the product lifecycle is critical for success. "The simulator also needs to be independently verified to ensure it is testing appropriately," he noted.

Implementing alarm systems on rigs requires a different approach with high temperature, high pressure wells offshore. More alarms are needed, but alarms must be placed where they matter most. "If too many are in place, people will likely ignore them or turn them off," O'Grady said.

One recommendation made in the report is drilling contractor's use of a concept of operations document, a well-known practice in automation and manufacturing process, for the design of newbuild rigs and refurbishment of existing rigs, said O'Grady. The concept of operations document, in which the end user describes what tasks they want an asset to perform, is missing in a lot of highly integrated assets such as drilling rigs.

O'Grady also noted that rig owners are now taking more control of the commissioning phase of rigs. This approach is a shift from the original owner-furnished equipment in which a rig owner specified to a shipyard what particular pieces would go on a rig. However, the implementation of software on rigs began to cause delays with rig deliveries. Shipyards began suggesting that, while shipyards could standardize some equipment parts for rigs, more specialized pieces with software-dependent parts should be put in place by the owner.

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TSC to Proceed with Construction at Shell's FLNG Facility

- TSC to Proceed with Construction at Shell's FLNG Facility

Monday, May 30, 2011
Technip

Shell has given notice to a Technip Samsung Consortium (TSC) to proceed with the construction of the first floating liquefied natural gas (FLNG) facility in the world. TSC will provide engineering, procurement, construction and installation for the FLNG facility Shell will deploy at its Prelude gas field off the northwest coast of Australia.

Moored far out at sea, some 200 kilometers from the nearest land, the Prelude FLNG facility will produce gas from offshore fields and liquefy it onboard by cooling. Detailed design of the innovative facility will be undertaken by TSC at Technip’s operating centers in Paris, France, and Kuala Lumpur, Malaysia, and it will be built at the Samsung Heavy Industries (SHI) shipyard in Geoje, Korea, where the Notice to Proceed signing ceremony took place.

Mr. Thierry Pilenko, Chairman and CEO of Technip, commented, "Once again Technip is a key partner of a visionary customer pushing back together the limits of technology. This great project is a real breakthrough for the energy industry and a true revolution for offshore natural gas developments. Technip is extremely pleased and proud to bring all the expertise, know-how and skills of its three business segments -Subsea, Offshore and Onshore- all of which will be instrumental in the success of Prelude FLNG. Within our long term relationship with Shell and Samsung Heavy Industries, we hope that this project will be the first of many."

Mr. In-sik Roh, CEO, President and Director at Samsung Heavy Industries, said, "We are very excited to participate in the Prelude FLNG project, which will be the world's first floating LNG production facility. Samsung believes in the strength of the partnership with Shell and Technip, which will allow us to complete this project successfully. We are confident that this project will help us solidify our position as a clear leader in FLNG construction and development."

Dr. Matthias Bichsel, Projects and Technology director of Shell, added, "We are tremendously pleased to move ahead with the Prelude Floating LNG project. In the development of the FLNG concept, Shell’s FLNG team has drawn on five decades of expertise in the areas of LNG technology, LNG shipping and engineering of offshore floating oil and gas installations. Our innovative mindset, integrated approach to technology development and mega project delivery expertise allowed us to distil these decades of experience into the development of what will be the largest offshore floating facility on earth."

"The Technip Samsung Consortium is essential to the success of the Prelude FLNG project," Matthias Bichsel continued. "We have longstanding relationships with Technip and SHI, with both companies providing expertise to numerous projects world-wide. The Technip Samsung Consortium combines the strengths of each company to enable the delivery of an integrated FLNG facility."

The Shell Prelude FLNG facility will be the largest floating offshore facility in the world, with 488 meters from bow to stern - longer than four soccer fields laid end to end. When fully loaded, it will weigh around 600,000 tonnes – roughly six times as much as the largest aircraft carrier. Some 260,000 tonnes of that weight will consist of steel – around five times the amount of steel used to build the Sydney Harbour Bridge. Floating LNG is a revolutionary innovation that will allow the production, liquefaction, storage and transfer of LNG at sea, helping to open up new offshore natural gas fields that are currently too costly or difficult to develop.

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Wednesday, May 18, 2011

Statoil Selects Samsung for Valemon Construction

- Statoil Selects Samsung for Valemon Construction

Wednesday, May 18, 2011
Statoil

Statoil is to choose Samsung Heavy Industries for construction of the topsides for the Valemon platform. The contract is worth an estimated NOK 2.3 billion ($414 million).

The award has taken place in wide-ranging international competition among pre-qualified suppliers.

"We've awarded the assignment to build the Valemon topsides to Samsung Heavy Industries," said Jon Arnt Jacobsen, chief procurement officer in Statoil.

"We have good experience with this supplier which also has a good track record in HSE. All requirements were met and Samsung presented the overall best offer."

The contract covers engineering, procurement and construction (EPC) of the topsides and living quarters, as well as an option for mating offshore of the topsides with the steel jacket. The Grenland group in Sandefjord, Norway and Technip in Malaysia will perform the engineering work. The Grenland group will also construct the flare boom. The living quarters will be built by Hertel Marine in the Netherlands.

Capacity and cost developments on the Norwegian continental shelf (NCS) are challenging and it is important for Statoil to have a diversity of suppliers with capacity to deliver on time and with the proper quality.

"This is an interesting project for the supplier industry," said Jacobsen.

"Several suppliers based in Norway will also benefit from this contract award as sub-contractors for Samsung. In addition there will be deliveries under Statoil's other frame agreements, where the Norwegian supplier industry is expected to be competitive and to secure important contracts."

Contracts for the construction of the steel platform jacket have previously been awarded to Heerema Vlissingen B.V. Transport and installation of the jacket and topsides was awarded earlier to Heerema Marine Contractors Nederland B.V. Saipem was assigned the contract for installation of the topsides. The contract for pipeline design has been awarded to IKM Ocean Design.

The Valemon field will have a fixed steel platform to separate gas, condensate (light oil) and water. The topsides will have facilities for partial processing and export of unstabilised condensate and rich gas.

"The platform and transport solution for Valemon forms a good basis for developing other oil and gas fields in the area," said Ivar Aasheim, senior vice president for Statoil's field development business cluster.

"Along with the ongoing Gudrun development, Valemon will contribute to a high activity level on the NCS in the coming years."

The Valemon field will be one of Statoil's largest development projects on the NCS in the time ahead. It contains about 206 million barrels of oil equivalent. The Valemon reservoir is complex since it is split up but also because of high pressure and temperature.

The gas from Valemon will be sent via the existing pipeline between Huldra and Heimdal, which is a hub for onward transport to the European gas markets. The condensate will be piped via Kvitebjørn for stabilization and sent on to the Mongstad refinery near Bergen. A submarine cable will supply Valemon with electricity from Kvitebjørn.

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Friday, April 1, 2011

Pride Extends Option for Construction with Samsung Heavy

Pride Extends Option for Construction with Samsung Heavy

Thursday, March 31, 2011

Exxonmobil to Start Exploration Offshore Vietnam Next Month

Exxonmobil to Start Exploration Offshore Vietnam Next Month

Thursday, March 31, 2011
Asia Pulse Pte. Ltd.

ExxoMobil will start its first exploratory drilling off the central coast of Vietnam late next month.

The decision was agreed upon at a city on March 29 between leaders of the People's Committee of Da Nang City and representatives from ExxonMobil Exploration and Production Vietnam Ltd.

The drilling will be conducted at block 119 on the continental shell offshore Quang Ngai Province and Da Nang City. Phung Tan Viet, Vice chairman of the Da Nang People's Committee, asked the company to strictly guarantee technical requirements to avoid environmental pollution. The two sides also discussed plans to ensure safety during oil-rigs construction.

Viet also ordered the city's Department of Agriculture and Rural Development to inform fishermen not to use the exploration area during the 40 days of drilling.

According to reports from state-owned Vietnam Oil and Gas Group PetroVietnam, Vietnam's crude oil reserve in 2010 was estimated at 4.4 billion barrels. The crude oil and gas exploration output in 2010 reached 15.1 million metric tonnes and 9.4 billion metric tonnes, respectively.

Petrofac Lands Contract for Shell's Majnoon Field

Petrofac Lands Contract for Shell's Majnoon Field

Thursday, March 31, 2011
Petrofac Ltd.
Petrofac has been awarded a contract, in excess of US $240 million by Shell Iraq Petroleum Development B.V. for developments in the Majnoon Field, Southern Iraq.

Under the competitively tendered contract, Petrofac is providing engineering, procurement, fabrication and construction management services for the development of a new early production system comprising two trains each with capacity for 50,000 barrels of oil per day, along with upgrading of existing brownfield facilities. Work on the project began in mid-2010 and is expected to complete during the fourth quarter of 2012.

Ayman Asfari, Petrofac group chief executive, said, "Majnoon is one of Iraq's largest developments and we are delighted to be working with Shell to assist them with unlocking the field's potential. Iraq's geographic location, adjacent to many of our existing areas of operation, made it a natural market for the group as we continue to broaden our geographic footprint."

Subramanian Sarma, managing director, Petrofac Engineering & Construction added, "Prior to beginning work with Shell in Iraq last year, we had spent many months preparing in order to achieve a sufficient level of readiness across several aspects of our business operations. All of our activities are underpinned by our strong commitment to safety, quality and integrity and alongside Shell and the local community, we are working to deliver this project to the standards our customers and stakeholders expect from us."

Wednesday, March 30, 2011

Credit Suisse Lowers U.S. GDP Forecasts for First Half 2011

Credit Suisse Lowers U.S. GDP Forecasts for First Half 2011



Credit Suisse has revised down its U.S. GDP forecasts for the first half of 2011. The firm now expects 2.5% real GDP growth in Q1, down from its previous forecast of 3.5%. Its Q2 forecast was also revised down to 3.3% from 3.7%. However, the firm's 2011 second half forecasts remain unaltered at 3.8% and 4.0% for Q3 and Q4, respectively. Credit Suisse expects full year 2011 growth of 3.4% on a year-over-year basis and 3% on an annual average basis. This is down from its previous estimate of 3.8% and 3.3%, respectively. The firm sees 4.0% real GDP growth in 2012.

Credit Suisse issued a statement saying: The first quarter's forecast revision is mostly due to current quarter accounting. The monthly building blocks that add up to GDP have consistently printed below expectations this quarter, defying the much rosier readings from other parallel evidence on the economy (such as the ISM surveys). The list of GDP "source data" disappointments includes home sales, housing starts, capital goods shipments, non-residential construction, federal spending, and a sharp increase in the trade deficit. Most importantly, the GDP's largest building block - consumer spending - is slowing sharply on a sequential basis, on track for less than 2% growth in Q1, compared to 4% growth in Q4. Our revision to second quarter growth is partly a consequence of higher oil prices and the negative effect on real income growth. Consumer confidence gauges also fell sharply in March, presumably due to higher gasoline prices. Another reason for our Q2 downgrade is housing, particularly the 22% plunge in February housing starts. Falling starts will impact future readings on construction outlays and the associated GDP component - residential investment.

Tuesday, March 22, 2011

Foster Wheeler Clinches Detail Design Contract in GOM

Tuesday, March 22, 2011

Foster Wheeler's Global Engineering and Construction Group has been awarded a detail design contract by Enbridge Offshore for the deepwater Walker Ridge Gathering System (WRGS) export gas pipelines and the deepwater Big Foot (BGF) export oil pipeline located in the Walker Ridge (WR) area of the Gulf of Mexico.

The contract value, which was not disclosed, will be included in the company's first-quarter 2011 bookings. Foster Wheeler's work on the design contract is expected to be completed during the second quarter of 2011.

"We are delighted that Enbridge Offshore Facilities, LLC has selected Foster Wheeler Upstream's Houston-based team for this project and we look forward to delivering a high quality service which fully satisfies our client," said Clive Vaughan, chief executive officer, Foster Wheeler Upstream. "We have performed the detail design of essentially all of the deepwater pipelines in the Gulf of Mexico. Upstream remains a top growth priority for Foster Wheeler, and the award of the three deepwater gas and oil pipelines contained in this WRGS and BGF project confirms our strategy and commitment to the upstream oil and gas market sector."

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