Press digest from last week


TechnipFMC named top Petroleum International Contractor by ENR


For the second consecutive year, TechnipFMC has been ranked number 1 in the ‘Top 10 list of Petroleum International Contractors’ by the publication Engineering News-Record (ENR). This achievement takes in to account our solid execution and financial performance during 2017 in the oil and gas sector.

This accomplishment places us in front of companies such as Petrofac, JGC Corp, Tecnicas Reunidas, and China Petroleum Engineering Co, among others. 

As an authoritative publication in the global engineering and construction sector, the ENR annually releases the Top 250 International Contractors, the Top 250 Global Contractors, and the TOP 225 Design Firms ranking lists. The ranking lists are widely recognized references in the engineering sector.



Hyundai Heavy Industries receives contract for LNG project in Canada


South Korean shipbuilding firm Hyundai Heavy Industries received a contract from Steelhead LNG and Huu-ay-aht First Nations for the front-end engineering and design (FEED) of two At-Shore LNG hulls for the proposed Kwispaa LNG project on the west coast of Vancouver Island, Canada.

The contract comes after the developers invited three contractors to bid for the FEED work on the At-Shore LNG topsides, marine facilities, pre-treatment, and remaining onshore plant facilities.

The FEED work is anticipated to begin next year.

Each hull is set to be 340m long and 60m wide and comprise five individual tanks that provide internal LNG storage of around 280,000m³.

The hulls will be constructed at an aggregate cost of $500m



OMV Transforms Plastic Waste Into Crude Oil


OMV ReOil recycling plant produces synthetic crude from used plastics

From around 100 kilogram of packaging the pilot plant can produce 100 liters of crude per hour

Fuel production from waste plastics

As part of the 60th anniversary celebrations in the Schwechat Refinery, OMV presented the cornerstone for an innovative future to political representatives, stakeholders and the media, namely the ReOil used plastics recycling facility. The pilot plant uses a thermo- chemical process to produce synthetic crude from plastic waste.

Manfred Leitner, OMV Executive Board member for Downstream: “This technology allows us to use a barrel of oil multiple times. This means that less plastic is incinerated and greenhouse gases are reduced. The ReOil method thereby contributes to the OMV sustainability goals related to CO2 efficiency”.



Eni, Tharwa to Start Drilling First Well at Noor Field


Eni and Tharwa Petroleum Company will start drilling the first exploratory well at Noor offshore gas field, North of Sinai province, next week, an official at the Egyptian Natural Gas Holding Company (EGAS) told Reuters.

The Egyptian cabinet had approved in March 2018 an exploration and production (E&P) agreement for the North of Sinai offshore concessions in the Mediterranean Sea.

According to the agreement, Eni and Tharwa will invest $105 million to drill two exploratory wells in two phases over six years.



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