Project award
EPCM Holdings has been awarded a new project by Petroci, the national oil company of Ivory Coast.
The scope entails providing recertification services for the S3 Sphere, an 8000 m³ LPG vessel.
We're honored to have been chosen for this crucial project, and we're committed to leveraging our technical expertise and project management skills to ensure its success.
It also further builds on our ever expanding order book in francophone west-africa. C’est parti!
-
Sign up for our email alerts to be notified of vacancies and new project awards: https://buff.ly/3x0elpj#ivorycoast#oilandgas#lpg
I am not with Cabinda Oil Refinery any longer. I am available for part time work (80 hr/m) and Project Management consultation work or similar appointments.
Chinese companies have expressed significant interest in partnering with Pakistan Refinery Limited (PRL) for its ambitious Refinery Expansion & Upgrade Project (REUP). PRL's senior management recently visited China to engage with Engineering, Procurement, and Construction (EPC) contractors and financial institutions, resulting in productive discussions.
The REUP project aims to double PRL's crude processing capacity from 50,000 to 100,000 barrels per day, incorporating advanced technology to meet EURO V environmental standards. This upgrade is crucial for enhancing the refinery's efficiency and reducing its environmental impact.
PRL plans to award the EPC contract by the end of the year and achieve financial closure by mid-next year. In addition, PRL is actively engaging with the Oil and Gas Regulatory Authority (OGRA) to secure regulatory support, ensuring the project's successful implementation.
Visit https://lnkd.in/dYepVRg8 to know more about us
#PRL#RefineryExpansion#ChinaPartnership#EPC#EnvironmentalStandards#EnergyInfrastructure#PakistanGrowth#EUROV#SustainableDevelopment
The commencement of operations for the Wellhead Pressure Management Project by Tengizchevroil (TCO) in Kazakhstan marks a significant milestone for the company and the oil and gas industry in the region. Here are some key insights and points to consider regarding this project:
1. Wellhead Pressure Management Project
• Operational Significance: The project’s initiation signifies a crucial step in optimizing wellhead pressure management, enhancing operational efficiency, and maximizing oil and gas production.
• Technological Advancements: Implementation of advanced technologies and practices in pressure management is essential for maintaining reservoir integrity and optimizing production rates.
2. Kazakhstan’s Energy Sector
• Contribution to Production: Projects like the Wellhead Pressure Management Project play a vital role in increasing oil and gas production capacity in Kazakhstan, contributing to the country’s energy sector growth.
• Economic Impact: Enhanced production efficiency and capacity can have positive economic implications, including job creation, revenue generation, and infrastructure development.
3. Operational Excellence
• Efficiency and Sustainability: Effective wellhead pressure management is crucial for ensuring operational efficiency, minimizing environmental impact, and adhering to industry best practices.
• Safety and Compliance: TCO’s focus on pressure management underscores its commitment to safety, regulatory compliance, and responsible resource extraction.
4. Industry Innovation
• Continuous Improvement: Projects like the Wellhead Pressure Management Project demonstrate TCO’s commitment to innovation, technology adoption, and operational excellence in the oil and gas sector.
• Competitive Advantage: Leveraging advanced pressure management techniques can provide TCO with a competitive edge in the market and position the company for long-term success.
5. Collaboration and Partnerships
• Stakeholder Engagement: Engaging with stakeholders, including government entities, local communities, and industry partners, is essential for successful project implementation and fostering positive relationships.
• Knowledge Sharing: Collaborating with industry peers and sharing best practices in pressure management can benefit the broader oil and gas sector in Kazakhstan.
6. Future Growth Prospects
• Expansion Opportunities: The successful implementation of the Wellhead Pressure Management Project may pave the way for future expansion, increased production capacity, and further optimization of operations.
• Strategic Planning: TCO’s focus on pressure management aligns with its long-term growth strategy, sustainability goals, and commitment to maximizing the potential of its assets.
Tengizchevroil (TCO) has reached a major milestone in Kazakhstan. The Wellhead Pressure Management Project has started operations. Read more here: https://lnkd.in/gCtrDQzQ
Kudos to Tengizchevroil TCO team for safely commencing operations at its Wellhead Pressure Management Project (WPMP) at the Tengiz oil field in Kazakhstan.
For information.
Typically wells have initial very high head pressure which is reduced over time and the flow declines, in studies it's observed that an increase in the WHP from 100 psi to 300 psi resulted in a drop in the oil production rate by 11.01%, 11.78% and 12.74% for 15%, 30% and 45% water cut conditions.
This problem is overcome by lowering WHP and then using a gas lift system where gas is injected into wells, it's observed that an increase in the gas injection rate from 1 Mmscf/day to 8 Mmscf/day resulted in an increase in the production rate by 29.21%, 40.48% and 56.56% for 15%, 30%, and 45% water cut conditions.
Kazakhstan had proven crude oil reserves of 30 billion barrels as of January 2018 the 2nd largest endowment in Eurasia after Russia, and the 12th largest in the world, just behind the United States. Kazakhstan has the largest proven oil reserves in the Caspian Sea region.
The Chevron-led consortium a joint venture between Chevron 50%, KazMunayGas 20%, ExxonMobil Kazakhstan 25% and LukArco 5% that operates Kazakhstan's highest-producing oil field, Tengiz, has begun early production from a $45 billion expansion project intended to lift output to 850,000 b/d underlines the Kazakh growth well intiatives and vision of the company.
Future Growth Project-Wellhead Pressure Management Project uses sour-gas injection technology to provide production boost enhancing the pressure to the 6 existing processing trains, by installing a central pressure boost facility using the entire hydrogen sulphide sour gas produced by oil processing to maintain reservoir pressure.
TCO converted its metering stations at Tengiz to low pressure and activated the associated Pressure Boost Facility PBF as part of Tengiz's overall expansion plan.
The FGP-WPMP expansion involves the development of new production and gas injection wells, construction of a new oil and gas gathering system and a third-generation injection (3GI) plant for sour gas re-injection, and installation of five 130MW GE Frame 9 gas turbine generators (GTG) as well as heat exchangers.
The WPMP is designed to maintain the existing processing plants’ full capacity approx. 28 MMTA by lowering the flowing pressure at the wellheads and then boosting the pressure to the existing with 9 heavy lift modules fabricated in Kazakhstan, South Korea and Italy and transported to the Tengiz oilfield for final assembly. The FGP-WPMP modules, many of which weighed between 500 to 1800 tonnes each were transported through the Russian Inland Waterway System (RIWS) and into the Caspian Sea.
The existing Tengiz facilities currently have an official crude production capacity of 600,000 b/d, but have frequently exceeded that, with crude still by far the biggest contributor to light CPC crude grade loaded at Tengizchevroi
#EOR#oil#production
Tengizchevroil (TCO) has reached a major milestone in Kazakhstan. The Wellhead Pressure Management Project has started operations. Read more here: https://lnkd.in/gCtrDQzQ
That is quite a bit of uncontracted capacity, is this a sign for a change in sales strategy by the Qataris?
I mean betting on Europe being short on energy in the near future, ain't such a bold bet, isn't it?
Qatar has picked partners for its expansion of LNG production capacity but picking the buyers has taken more time.
Just 11.8 million mt/year of supply from the 2 expansion projects has been contracted with international companies out of the total 48 million mt/year of new supply starting in 2026.
#LNG#Qatar#Expansion#Sales#Uncommitedvolumes
On February 4th 2023, Dr. Nguyen Thi Hoa, senior advisor of Lawrel, has the honor to present at the course “Strengthening knowledges, skills on project management in accordance with EPC, EPCM and EPCIC general contractor form”. As you may know, this course is held by the venture Vietsovpetro, the first company of Vietnam in collaboration with other country in gasoline, this is also on of the heading organization in exploration and exploitation of oil and gas on the Vietnamese continental shelf.
With the presentation “General provisions on EPCIC contract, legal framework and contract structure and risks that are accepted”, Dr. Nguyen Thi Hoa has provided precious knowledge on the EPCIC contract. From that, the presentation enlightens the attendees with the essentials of EPCIC as well as the risks that need avoiding.
PRESS RELEASE
NETCO Posts 137% Increase in Operating Profit for 2023
...Targets 5% Increase in Market Share through EPC Projects
The NNPC Engineering and Technical Company (NETCO), a subsidiary of the Nigerian National Petroleum Company Limited (NNPC Ltd.), has announced a 137 percent increase in operating profits for the year 2023.
This was disclosed by the Chairman of the company’s Board of Directors and Executive Vice President, Downstream, NNPC Limited, Mr. Adedapo Segun, at the Company's 34th Annual General Meeting held in Lagos on Friday.
The Board Chairman explained that NETCO recorded a 101 per cent revenue increase in the year 2023, reflecting a turnaround in operating results, which rose by 137 per cent, reversing the previous year's deficit.
He also noted that there was a 145 per cent surge in the company’s gross profit compared to the previous year.
Also speaking at the AGM, the Managing Director of NETCO, Dr. Tonye Alagba, said the company is focused on growing its business portfolio in 2024 and beyond.
"To achieve this, the company is working strategically to expand its service offerings within the oil and gas industry in 2024, invest in the development of human and other resources, reduce direct and overhead resources and minimise risks", Alagba stated.
The NETCO helmsman further stated that the company aims to increase its market share by at least five per cent through participation in mainstream EPC projects, stressing that the company will bid for a minimum of 32 Tenders with a target of securing at least 15 contracts.
He listed other targets to include: a 21-day invoicing cycle; a minimum of 85 per cent debt collection efficiency; a minimum customer satisfaction rate of 71 per cent; acquisition of critical assets such as fabrication yards and offshore logistics support base; and development of exclusive collaborations with key technical partners like KBR and Petrofac, amongst others.
NETCO is a subsidiary of NNPC Limited with the mandate of delivering qualitative, integrated and cost-effective Engineering, Procurement & Construction Management (EPCM) services for Nigeria’s Oil & Gas Industry and beyond.
Olufemi Soneye
Chief Corporate Communications Officer
NNPC Ltd.
Abuja
June 5th, 2024
#EnergyForToday#EnergyForTomorrow#NNPCLtd
Adnoc closer to awarding Hail and Ghasha contracts
Abu Dhabi National Oil Company (Adnoc) is in advanced negotiations with contractors for the engineering, procurement and construction (EPC) work on its Hail and Ghasha sour gas field development project, estimated to be valued between $10bn and $15bn.
The Abu Dhabi energy giant started a fresh EPC tendering round for the Hail and Ghasha project in late April, just days after cancelling the pre-construction services agreements (PCSAs) it signed with contractors in January.
Following weeks of “intense negotiations” with contractors, a consortium of Abu Dhabi’s National Petroleum Construction Company (NPCC) and Italian contractor Saipem is understood to be the favourite to win the offshore EPC package.
Italy-headquartered Tecnimont is understood to have emerged as the frontrunner for the onshore EPC works
However, negotiations are still ongoing and things could change in due course.
Adnoc is expected to complete the process of selecting contractors for the Hail and Ghasha project by the end of this quarter and the official contract awards could take place this year during the ADIPEC in Abu Dhabi.
#gasprocessing#gas#adnoc#pipeline#transmission#projects#uae#uaebusiness#meed
In case you missed spotting this on MEED | Middle East Economic Digest last week, we reported that #contractors have submitted technical bids for more than a dozen #EPC packages of aramco's third expansion project of the Master Gas System pipeline network (MGS-III) in #SaudiArabia.
https://lnkd.in/dzRNWe8e
Bidders are presently preparing #commercial proposals for those packages. The project is of critical importance to #SaudiAramco in terms of meeting rising demand for #naturalgas from the kingdom's #industrial and #household sectors, and the momentum of the schedule reflects that.
Executive Chairman and Founder at Raise Africa Investments Pty Ltd
1moOnce again my fave team felicitations!!