Press digest from last week


TechnipFMC and Kiewit awarded EPC contract for ECA liquefaction project

Sempra LNG & Midstream, a unit of Sempra Energy, today announced that a TechnipFMC and Kiewit partnership has been selected as the engineering, procurement, construction and commissioning (EPC) contractor for the Energía Costa Azul (ECA) liquefaction project under development in Baja California, Mexico.

The TechnipFMC-Kiewit partnership will perform the engineering, planning and related activities necessary to prepare, negotiate and finalize a lump-sum EPC contract for the project, leveraging the two companies' extensive experience on liquefied natural gas (LNG) projects worldwide.

"The ECA liquefaction project is one of three North American LNG export projects we are developing -- two on the Gulf Coast and one in the Pacific Basin--to help meet global demand for LNG," said Joseph A. Householder, president and chief operating officer of Sempra Energy.  "This project is an exciting part of our LNG growth strategy and geographically positioned to serve Asian natural gas markets."...



Middle East's top 10 contract wins of June 2018

10. Jacobs bags three-year Saudi oil complex contract

US project management and engineering firm Jacobs won a three-year contract of undisclosed value to work on Yanbu Aramco Sinopec Refining Company's (YASREF) oil refinery in Saudi Arabia.

Jacobs won the engineering services contract through its Saudi Arabian subsidiary, Jacobs Zate.

By supplying front-end engineering design (FEED), procurement, construction management, commissioning support, and handover work for a mix of YASREF projects, Jacobs will help get the infrastructure in place to ramp up oil production on the west coast of the kingdom.

Meanwhile, the chairman of Jacobs, Steve Demetriou, broke into Construction Week's Power 100 list of the most influential people in the Middle East last month...



Oman contractor Galfar sets up new Kuwait business

Omani contractor Galfar Engineering and Construction has expanded its operations to Kuwait. Dr Hans Erlings, chief executive officer of the Muscat-listed company, said Galfar had registered “a one-person company” in the country. Galfar Oman General Contracting for Building is fully owned by Galfar, and has an initial capital of $33,030 (KWD10,000).

"This new company will apply to be registered for executing the same works [that Galfar] is registered for in Oman,” Erlings said.




3 Breakthrough Technologies Changing The Energy Sector

Energy has seen some big changes in the last few years.

Coal has stumbled. Renewables have surged. Oil fell hard, then spent years clawing its way back up.

But the biggest change in energy has been in tech.

The shale revolution unlocked millions of barrels that had been trapped away in shale deposits for decades. Today, increased automation at drill sites has allowed frackers and shale drillers to drastically cut costs.

Newer, more sophisticated computer systems have allowed exploration/production companies to earn more from less. Blockchain platforms are streamlining supply chains and cutting out middlemen.

The future of energy belongs to new tech, and investors hoping to score should look to these exciting new firms for some of those solutions.

#1 Oil Production…Without Any Greenhouse Gases

Oil demand has never been higher. Around the world, global hunger for fossil fuels grows and grows…but what about the environmental cost?



Mozambique: Marketing of Key Mozambique Gas Project Underway

Maputo — Exxxon Mobil and Eni have confirmed marketing efforts are underway for the Rovuma liquefied (LNG) project offshore Mozambique.

It will produce, liquefy and sell natural gas from the gas fields of the Area 4 block.

Senior management representatives of the co-venture parties have met during World Gas Conference in Washington, to affirm marketing progress.

"The key strength of Area 4 is the quality of the co-venture partnership," said Massimo Mantovani, Eni chief gas and LNG marketing and power officer.

"Following the final investment decision on Coral South FLNG in 2017, we are working together to develop the remaining gas fields which will feed the Rovuma LNG trains, taking full advantage of the expertise of all our co-venture parties."...