Press digest from last week

11.09.2018

Gazprom: Pipelay of Nord Stream 2 Gas Pipeline Starts in Finland

 

The offshore pipelay vessel Solitaire started today at 13:25 CET the pipelay for the Nord Stream 2 natural gas pipeline in the Gulf of Finland.

Before the start of pipelay, the vessel was equipped and tested to meet the project's strict requirements. Nord Stream 2's construction plan takes into consideration different construction conditions, in particular environmental requirements. Solitaire for example uses a dynamical positioning system with thrusters to position itself accurately. It is thus only the pipeline that touches the seabed. Using a vessel operating without anchors ensures additional safety in the congested Gulf of Finland.

Solitaire is a 300-meter-long and 41-meter-wide vessel that will lay pipes around the clock seven days a week. The vessel has accommodation on board for 420 persons. Pipe supply vessels (PSVs) will deliver the 12-meter, 24-ton pipes used to build Nord Stream 2 to the pipelay vessel from the project's nearest logistics hubs, such as Kotka or Hanko, to maintain the necessary pipe stock.

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ExxonMobil Signs Framework Agreement For Proposed Chemical Complex in China

 

SPRING, Texas--(BUSINESS WIRE)--ExxonMobil said today that it has signed a cooperation framework agreement with the Guangdong Provincial People's Government to advance discussions concerning the proposed construction of a chemical complex in the Huizhou Dayawan Petrochemical Industrial Park. The new facility would help meet expected demand growth for chemical products in China.

The multibillion-dollar project, which remains subject to a final investment decision, would include a 1.2 million-tons-per-year ethylene flexible feed steam cracker, two performance polyethylene lines and two differentiated performance polypropylene lines. ExxonMobil's decision to proceed with the project will be based on a number of factors, including receipt of permits and project competitiveness. Startup is planned for 2023.

“Our agreement with the Guangdong Provincial Government demonstrates ExxonMobil's interest in advancing this project from concept to completion,” said John Verity, president of the ExxonMobil Chemical Company. “We value the government's support and its experience in moving such a large-scale project forward.”

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Saudi Aramco awards Baker Hughes contract to expand Marjan field

 

Saudi Aramco has awarded Baker Hughes a contract to develop its Marjan field as the world's biggest oil producing company looks to ramp up production offshore by 2023.

Aramco did not disclose the value of the contract in a statement on Tuesday.

“The Marjan oilfield is one of the major upstream developments this year that will contribute to the kingdom’s oil production strengths, helping maintain capacity and meet domestic and global demand," said Mohammed Al Qahtani, senior vice president of upstream at Aramco.

Baker Hughes, which is part of GE, will begin work on the field's capacity expansion this month, with the scope of contract includes drilling, reservoir navigation and associated services.

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EUGAL Pipeline: 292 km of the project awarded to Bonatti and Max Streicher

 

Gascade, a subsidiary of BASF and Gazprom, has awarded the construction of 6 lots of the EUGAL Gas Pipeline to the Joint Venture between Bonatti and Max Streicher. The Pipeline will be powered by the Nord Stream 2, the gas transport network that connects Siberia to the heart of Europe via the Baltic Sea. The overall route of EUGAL is around 480 km long (Line 1 / 480 km; Line 2 / 329 km

The new pipeline will have a maximum capacity to transport 55 bln cbm/year of gas. The entire pipeline is divided into 14 lots: pipes have a diameter of 56 inches (1420 mm) and a thickness of 23mm. JV Bonatti / Max Streicher will play a decisive role in the realization of the project with the execution of 6 lots (from 9 to 14) for a total length of about 292 km.

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Eni cuts first steel for Coral South FLNG

 

Italian oil company Eni has marked the beginning of construction of the hull for Coral South floating LNG (FLNG) unit for a project located offshore Mozambique. 

At the presence of Mozambique’s Minister of Mineral Resources and Energy, Ernesto Max Tonela, Eni and its Area 4 partners held on Thursday at Geoje Island, South Korea, the “First Steel Cut” ceremony that marks the beginning of the construction of the hull of Coral South’s FLNG vessel.

The ceremony took place just 15 months after Coral South Project’s Final Investment Decision (FID), highlighting the commitment of Area 4 Partners to start LNG production by 2022.

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