German LNG Terminal launches Open Season

 January 17, 2018

 Gasunie LNG Holding B.V., Oiltanking GmbH and Vopak LNG Holding B.V. are in the process of establishing the joint venture “German LNG Terminal GmbH”. The purpose of the joint venture is to build, own and operate an LNG (Liquefied Natural Gas) import terminal in northern Germany. The terminal will also provide LNG distribution services. To attract interest from the market and to gain detailed insight in customer demand, an Open Season will be launched. The Open Season starts on January 17, 2018. The terminal offers the opportunity to further diversify Germany’s sources of gas supply and facilitates access to LNG as an alternative low-emission fuel for ships and trucks. The development of German LNG Terminal is currently focusing on the location Brunsbüttel. The presence of the adjacent port of Hamburg and the industrial companies located in the region represents an attractive business environment. Via the Kiel Canal, in the direct proximity of the intended terminal, the Scandinavian countries and the Baltic States can easily be reached. The start of the Open Season marks an important milestone in the development of Germany’s first LNG terminal. The aim of the facility is to offer the following services: discharge and loading of LNG ships, storage of LNG, regasification and send out into the natural gas network and LNG distribution via trucks and barges.  In July 2017, the three companies received EU antitrust approval to establish a joint venture. Subject to, among others, the outcome of the Open Season start of construction of Germany’s first LNG terminal is envisaged after the final investment decision in 2019, to be ready for operations in Q4 2022.  

German LNG Terminal shortlists Spanish-German Partnership to complete EPC tender process

 June 25th, 2020 

German LNG Terminal GmbH has selected the Spanish-German partnership COBRA Instalaciones y Servicios S.A., SENER Ingeniería y sistemas S.A.and TGE Gas Engineering GmbH as an exclusive candidate for the final phase of the tender procedure for the EPC (Engineering, Procurement and Construction) contract.  This final phase will consist of a comprehensive value-improvement exercise and a detailed price actualization to make the project more cost efficient and aims at concluding a binding EPC contract by the end of 2020. It is expected that the detailed design and engineering work, necessary to develop purchase orders of long-lead products, can then be started soon after the finalization of the contract. German LNG started the international prequalification process for the selection of an EPC contractor in June 2019. The selection of a potential partner for the final development of the EPC contract is a further milestone for the project. At the same time, German LNG Terminal is in the process of completing the permit application for the planning of the port infrastructure, including the waterside facilities. The selected partnership members have extensive long-term experience in electricity, oil and gas projects worldwide. Between them they share a design and construction history of involvement in a number of LNG terminal projects, such as Sines (Portugal) / Sagunto and Bahía Bizcaya (Spain) / Gate (The Netherlands) / Dunkerque (France) / and Zeebrugge (Belgium).  

Royal Vopak acquires stake in LNG import facility in Colombia

 12 September 2019

Royal Vopak announces the acquisition of a 49% shareholding in Sociedad Portuaria el Cayao (“SPEC”) in Cartagena, Colombia. SPEC is the only LNG import facility in Colombia and has been in operation since 2016.

The LNG import facility consists of an LNG jetty, onshore infrastructure and a 9.2 km gas pipeline which connects SPEC to the national gas grid. A chartered FSRU is receiving the LNG and sending the gas on shore. SPEC holds long term contracts with three local gas-fired power plants. 

The shareholders in SPEC are Promigas (51%) and Royal Vopak (49%).

Eelco Hoekstra, Chairman of the Executive Board and CEO of Royal Vopak, said “We are very much looking forward to this partnership with Promigas and to enter into the growing Colombian LNG market. This is another growth step in our LNG portfolio and it fits very well in our ambitions to grow and diversify our service offering in LNG.”

Promigas is a private company in the natural gas sector in Latin America with 45​​ years of experience providing mass access to natural gas. For more information, please visit promigas.com.

 

Zeebrugge LNG terminal celebrates its 30th birthday

 12/10/2017

Exactly 30 years ago today, Zeebrugge LNG terminal was officially opened in the presence of the then prime minister Wilfried Martens. The terminal was originally intended to diversify Belgium's gas supply but it has since developed, together with the Zeebrugge area as a whole, into a central crossroads for North-West Europe's gas market.

In the wake of the oil crisis of the 1970s, the Belgian government decided in 1977 to build an LNG terminal with a view to diversifying Belgium's gas sources. Construction of the peninsula, which spans over more than 30 hectares, began in 1978, after the idea was rejected of building the terminal on floating pontoons. It took four years to build the peninsula, after which construction of the actual terminal could begin.

Five years later, on 12 October 1987, the terminal was officially commissioned in the presence of numerous public figures. The LNG terminal was much maligned as a megalomaniacal project by the press in the 1980s. Views of the terminal have since changed completely: thanks to the terminal, the notion of Zeebrugge as a European hub for natural gas has taken root and the dream of Zeebrugge serving as a European energy port has now, to a large extent, become a reality. 

he terminal has proven to be a magnet for new infrastructure projects. The 1990s saw major pipelines connect to Zeebrugge, with the Zeepipe being commissioned in 1993, connecting the Norwegian gas fields to Zeebrugge, followed five years later by the Interconnector, which links Bacton, UK with Zeebrugge. Pipelines also run from Zeebrugge to France, the Netherlands and Germany, further distributing the natural gas supplied. The area has also been connected to supplies from Dunkirk LNG terminal since late 2015. Together, all this infrastructure has turned the area into a crossroads for natural gas, with a supply capacity that can cover over 10% of the EU's demand for natural gas.

Expansion of the terminal first began in 2004. A market survey showed that demand for capacity to unload LNG at Zeebrugge had risen significantly. That same year, Fluxys signed long-term contracts with three customers for use of the terminal. To be able to offer the necessary capacity, a fourth storage tank and additional regasification facilities were commissioned at the terminal in 2008. 

Vessels have been able to both load and unload LNG since 2010. At the same time, the terminal took its first steps towards small-scale LNG services with a view to supplying small volumes of LNG from the terminal. As a result, a small vessel was loaded for the first time. And companies were also able to load LNG trucks at the terminal: trucks deliver LNG to a range of destinations in Belgium and Europe, namely to industrial companies not connected to the natural gas network, to ports to bunker LNG-powered inland vessels, and to LNG filling stations for trucks. Over 6,000 LNG trucks have been loaded at the terminal since 2010. 

The Open Rack Vaporiser was commissioned in 2013. This facility uses heat from seawater to regasify LNG, which significantly reduces the terminal's energy consumption and emissions. 

he terminal became even more versatile with the commissioning of the second jetty in late 2016. The jetty was specially designed to receive LNG carriers ranging from the smallest ships with a capacity of 1,000 cubic metres of LNG up to large vessels with a capacity of 217,000 cubic metres of LNG. The second jetty also enables the terminal to respond flexibly to demand for simultaneous or consecutive berthings, as using both jetties allows two LNG carriers to be unloaded and/or loaded at the same time. 

We are now building a fifth storage tank and additional process facilities. These new facilities are needed to provide for transshipment services as part of the Yamal project. Fluxys concluded a 20-year contract to transship LNG transported by ice breaker/LNG carrier from the new production terminal in Yamal in northern Siberia onto conventional LNG carriers to be conveyed to its final destination. 

A second loading station for trucks will be opened next year. The number of loading operations is rising and thanks to the additional station the terminal will be able to continue to swiftly fulfil growing demand in the future.

The Snam, Enagás, Fluxys consortium awarded the tender for the acquisition of 66% of the Greek operator DESFA

 19/04/2018

The European consortium consisting of Snam, the majority shareholder with an interest of 60%, together with Enagás (20%) and Fluxys (20%), confirms that it has been awarded the tender arranged by the Greek Agency for privatization (TAIPED) for the purchase of a 66% stake in DESFA, the national operator in the natural gas infrastructure sector.

DESFA manages, under a regulated regime, a high pressure transport network of approximately 1,500 km, as well as a regasification terminal at Revithoussa. Snam, Enagás and Fluxys, shareholders of the TAP project, will be able to boost the development of the Greek gas infrastructure system in the coming years, fully realizing the potential of Greece as a natural gas hub, which will further leverage the development of the domestic market as well as other transit initiatives.

Furthermore, the consortium will be able to transfer technical and operational capabilities to DESFA and develop new uses and sources of natural gas (such as methane for transport and biomethane) to make a crucial contribution to the country's emission reduction process.

Thanks to its strategic position in the Mediterranean, Greece could represent an important crossroads for the diversification of supplies and the opening of new natural gas routes in Europe.

TAIPED accepted an offer of 535 million euro for 66% of DESFA share capital presented by the consortium last week. Discussions have started with a pool of Greek and international banks to secure a non-recourse financing package for the acquisition.

In 2017, DESFA reported significant growth compared to the previous year, with an EBITDA of approximately 177 million euro, also benefiting from non-recurring tariff items, and a positive net financial position of around 5 million euro (including available cash of approximately 228 million euro).

The signing of the agreements for the acquisition is subject to the completion of the further steps envisaged by the tender procedure and by local legislation on privatization, while the closing of the transaction is expected in the second half of the year, following the required authorizations including antitrust clearance.

Commercial commissioning of the Dunkirk regasification terminal

 On 1 January 2017, commercial operations started up at the Dunkirk regasification terminal. This commissioning draws a line under one of the largest industrial construction sites in France. 

The Dunkirk terminal is used to import, store and regasify liquefied natural gas (LNG) before delivery with the transmission systems to the places of consumption.

Ideally sited to serve a range of markets
The Dunkirk regasification terminal is the second largest in mainland Europe and is the only one in Europe to be directly connected to two consumption markets: France and Belgium. Its annual regasification capacity of 13 billion m3 accounts for more than 20% of French and Belgian natural gas consumption. 

Due to its industrial design, the regasification terminal provides its customers with safe, flexible and extremely reliable services. Its siting in Dunkirk is the ideal position at the crossroads of the seaways between the Channel and the North Sea close to natural gas consumption markets in France and North-Western Europe. 

Cutting edge facilities
The regasification terminal is located within the enclosure of the Dunkirk harbour on a site of 56 hectares and is composed of:

• a jetty that can receive up to 150 LNG tankers per year: from the largest LNG tankers in the world (Qmax tankers with capacity of 267,000 m3) to low-capacity tankers (65,000 m3) for the regional markets. Five articulated arms are installed to unload the ships at maximum flow rate of 14,000 m3/h;
• three isothermal LNG storage tanks, that can each contain 200,000 m3;
• a regasification unit made up of 10 heat exchangers, supplied with tepid water by the neighbouring nuclear power plant in Gravelines with an underwater tunnel 5 km long. This industrial innovation thus provides energy savings that are equivalent to the annual gas consumption of the Dunkirk community.
  
  

Natural gas, essential for energy transition
Due to reduced greenhouse gas emissions and absence of fine particles, natural gas has lower environmental impact than other types of fossil fuel, such as oil and coal.

It contributes to energy transition providing a useful complement to carbon-free nuclear power and renewable energies, especially during peak consumption. This increasing complementarity is also revealed in domestic applications, whose technology is being completely overhauled. 

Natural gas also has a promising future as transport fuel. In liquefied form at -162°C, its volume is reduced by 600 times, thus facilitating transport and storage. LNG is the choice alternative for long-haulage trucks and maritime navigation, where stricter standards are applied in certain seas, such as the Channel, North Sea and Baltic Sea. 
 
Marc Benayoun, Executive Director of the EDF Group, in charge of the Gas Sector and Italy, stated: I am delighted that commercial operations have started up at the Dunkirk regasification terminal, thus creating a new point of gas importation in France and strengthening security of supply in Europe. It also contributes to the development of the gas supply market, on which the Group already operates with its Italian subsidiary, Edison, and wishes to further strengthen its share. I would especially like to thank the EDF, partners and contractors teams who have worked together since 2012 to complete this strategic asset. 

Pascal De Buck, CEO of Fluxys, said: I would like to congratulate and thank all the teams who have contributed to the success of this extensive infrastructure project. At Fluxys, we are especially proud to have been able to contribute by bringing our 30 years of expertise in the field of LNG to the construction of this terminal. In addition, direct connection of the Dunkirk LNG terminal to our Belgian network provides users with easy and flexible access to the natural gas consumption markets in North-Western Europe.

NOTICE ON ADOPTION OF FINAL INVESTMENT DECISION

 1 February 2019 - In accordance with planned deadlines for the construction of the floating LNG terminal on the Island of Krk, a Final Investment Decision was adopted on 31 January 2019. 

The Final Investment Decision on the construction of the floating LNG terminal project on the Island of Krk was adopted based on the results of the binding Open Season procedure which determines future revenues of the project, the projection of capital expenses in relation to the conducted procurement procedures for FSRU vessel and EPC works (construction of jetty with auxiliary facilities and high-pressure connecting gas pipeline for the receiving LNG terminal) and the projections of required investment by the shareholders of LNG Croatia LLC. 

The procurement procedure of the floating, storage, and regasification unit (FSRU vessel) was carried out in November 2018. The bid from company Golar was evaluated as the most economically advantageous, which offered a new conversion of the existing LNG tanker to the FSRU vessel worth EUR 159,6 million. It is an LNG carrier, which was built in 2005 and which sails under the name "Golar Viking". At the time of delivery, which is scheduled between 30 September and 30 October 2020, the FSRU vessel will be delivered to the LNG terminal location from the shipyard as a new FSRU conversion in accordance with the highest technical and environmental protection standards. 

The procurement procedure for the engineering, procurement and construction of jetty with the auxiliary facilities and connecting high-pressure gas pipeline for the receiving LNG terminal was carried out in January 2019. The bid from the consortium Pomgrad, GP Krk and STSI in the amount of EUR 58,442,409.03 was evaluated as the most economically advantageous. According to the deadlines for construction, the expected start of the works is end of March / beginning of April this year. 

LNG Croatia LLC finished the binding process for booking the capacity of the LNG terminal (Open Season procedure), which resulted in capacity booking of the terminal in the amount of 0,52 bcma. An economic test on the 0,52 bcma capacity booking is positive by keeping the indicative tariffs on the level indicated in the binding Open Season procedure. In the Methodology of tariff item calculation, the grants are not shown as part of the capital expenses of the project, therefore the economic test made on a lower capacity booking than initially planned, using the same indicative tariff, is positive. In addition to the grant received by the European Commission in the amount of EUR 101.4 million, additional grant of EUR 100 million was obtained as per Government's Decision on financing the first phase of the project for the floating LNG terminal on the Island of Krk which was adopted on 30 January 2019. 

In accordance with the conducted procurement procedures the total capital expenditures of the project have been reduced to EUR 233.6 million (the initial planned investment amounted to EUR 383 million). In addition to already approved grant from the European Commission in the amount of EUR 101.4 million, the Government of the Republic of Croatia has made a Decision on financing the first phase of the project for the floating LNG terminal on the Island of Krk with which a grant in the amount of EUR 100 million was provided. The remaining part of the required capital expenses in the amount of EUR 32.2 million will be provided by the shareholders of LNG Croatia LLC through increase in equity. Based on the 0.52 bcma capacity booking, in accordance with the allowed income regulated by the Methodology adopted by the Croatian Energy Regulatory Agency, the investment will have a positive return on investment for the shareholders of LNG Croatia LLC.

LNG Hrvatska awards Golar LNG contract for FSRU

 27   Feb   2019

Golar Viking is currently serving a short-term contract, due to expire in 1Q 2020. Golar has also entered into binding agreements with a Croatian project developer, LNG Hrvatska d.o.o., to convert the 2005 built Golar Viking into an FSRU, sell the converted vessel, and then operate and maintain the FSRU for a minimum of 10-years. Conversion capex will be funded by stage payments under the agreement. Commencement of this project is subject to certain conditions precedent, including confirmation of project funding and receipt of a Notice to Proceed from LNG Hrvatska d.o.o.

State aid: Commission approves public support for Croatian LNG terminal at Krk island

 31 July 2019

The European Commission has found Croatian plans to support the construction and operation of a liquid natural gas (LNG) terminal at Krk island to be in line with EU State aid rules. The project will contribute to the security and diversification of energy supplies without unduly distorting competition.

Commissioner Margrethe Vestager, in charge of competition policy, said: "The new LNG terminal in Croatia will increase the security of energy supply and enhance competition, for the benefit of citizens in the region. We have approved the support measures to be granted by Croatia because they are limited to what is necessary to make the project happen and in line with our State aid rules."

The measures approved today will support the construction and operation of a floating LNG terminal, consisting of a floating storage and regasification unit (FSRU) and the connections to the national gas transmission network. The LNG terminal is designed to transport up to 2.6 billion cubic meters per year (bcm/y) of natural gas into Croatia national transmission network as from 2021.

The total investment costs to build the terminal amount to €233.6 million. This will be financed through:

• a direct equity contribution of €32.2 million from the LNG terminal company shareholders;
• a contribution of €101.4 million from the Connecting Europe Facility, which is centrally managed by the European Commission, through the Innovation and Networks Executive Agency (INEA);
• a direct financial contribution of €100 million from the Croatian State budget.

In addition, Croatia will grant a tariff compensation called ‘security of supply fee', which is financed by levies charged by the gas transmission system operator to gas users along with gas transmission tariffs, in case revenues from the terminal fees are not sufficient to cover operating expenses.

Croatia notified the Commission of the €100 million direct financial contribution, as well as of the security of supply fee. Both support measures involve State aid under EU rules.

The Commission assessed these support measures under EU State aid rules, in particular under the 2014 Guidelines on State Aid for Environmental Protection and Energy. The Commission found that:

• the aid measures are necessary, as the project would not be carried out without them. In this respect, the Commission's financial analysis has shown that the revenues originating exclusively from the tariffs charged to the users of the LNG terminal would not be enough to recoup the investment costs and ensure a sufficient remuneration of the LNG promoter;
• the aid measures are proportionate and therefore limited to the minimum necessary, as they will only cover the "funding gap", that is the difference between the positive and negative cash-flows over the investment lifetime, discounted to their current value (using the cost of capital).

Therefore, the Commission concluded that the measures are in line with EU State aid rules, as they contribute to further key strategic objectives of the EU, including diversifying gas supply sources and increasing the EU's security of gas supply, notably in the Central and South-Eastern regions, without unduly distorting competition.

Background

The KrK LNG Terminal has been included in the lists of European Projects of Common Interestsince 2013, given its strategic importance for the diversification of natural gas supplies into Central and South-Eastern Europe.

The LNG terminal will deliver gas to the Croatian national transmission network, connected with Slovenia, Italy and Hungary, as well as with other EU countries via non-EU Member States such as Serbia and Montenegro.

The beneficiary of the aid measures is the terminal promoter, LNG Croatia d.o.o. (LLC), owned by Hrvatska Elektroprivreda (HEP) d.d., the Croatian state-owned gas and electricity incumbent, and Plinacro d.o.o., the national gas transmission system operator (TSO), with 85% and 15% respectively.

The fees applied by the terminal to its users are fully regulated (set by the Croatian Energy Regulator) and the terminal is subject to third-party access, in line with internal market legislation.

The Commission notes that this State aid decision is taken without prejudice to the obligation of Croatia to comply with other EU law provisions, notably to ensure that the project meets all the requirements of the EU environmental legislation (including Environmental Impact Assessment Directive).

The Commission's 2014 Guidelines on State Aid for Environmental Protection and Energy allow Member States to support the production of electricity from renewable energy sources, subject to certain conditions. These rules aim to help Member States meet the EU's ambitious energy and climate targets at the least possible cost for taxpayers and without undue distortions of competition in the Single Market.The non-confidential version of the decision will be made available under the case numbers SA.51983 in the State Aid Register on the Commission's competition website, once any confidentiality issues have been resolved. New publications of state aid decisions on the internet and in the Official Journal are listed in the State Aid Weekly e-News.

TechnipFMC Awarded a Large Contract for ExxonMobil Refinery Expansion Project in the USA

 January 31, 2019

TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) has been awarded a large(1) reimbursable contract by ExxonMobil for detailed engineering, procurement, and construction for the recently announced crude expansion project in Beaumont, Texas, USA.

The awarded scope covers the addition of four new units – atmospheric pipe still, kerosene hydrotreater, diesel hydrotreater and benzene recovery at ExxonMobil’s Refinery.

The new units of this expansion project will be integrated into the existing facilities at the refinery. The expansion will optimize the facility by giving ExxonMobil the flexibility to run lighter crudes.

Nello Uccelletti, President of TechnipFMC’s Onshore/Offshore business, stated: “We are pleased to have been awarded this contract by our long-term client, ExxonMobil. We look forward to bringing our global project execution capabilities, extensive U.S. Gulf Coast execution experience and leadership in the refining sector to this significant refinery expansion project for ExxonMobil.”

TechnipFMC Awarded a Large EPCIC Contract for BP Greater Tortue Ahmeyim Development FPSO

 March 1, 2019

TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) has been awarded by BP a large(1) contract for the engineering, procurement, construction, installation and commissioning (EPCIC) of the floating production storage and offloading (FPSO) unit to be deployed offshore on the maritime border of Mauritania and Senegal. This award is a continuation to the FEED (front end engineering design) contract awarded in April 2018.

TechnipFMC will bring its expertise to deliver major projects, leveraging extensive experience with fabrication yards and from successful references for delivery of offshore gas monetization facilities such as Floating Liquid Natural Gas (FLNG), FPSO and conventional platforms .

Nello Uccelletti, President of TechnipFMC’s Onshore/Offshore business, commented: “We are honored to be entrusted with the execution of this prestigious contract in West Africa which is a testimonial to our long-term partnership with BP and our leadership in the Gas Monetization industry. This award is one of our strategic “early engagement” achievements, following the successful completion by TechnipFMC of the FEED study. We look forward to collaborating with BP to unlock the full potential of this important project”.

The initial subsea infrastructure connects the first four wells consolidated through production pipelines leading to this FPSO. From here liquids are removed and the export gas is transported via a pipeline to the LNG hub terminal where the gas is liquefied.

TechnipFMC completes remaining conditions with MIDOR, enabling work to commence on Refinery Expansion and Modernization project in Egypt

 March 5, 2019

TechnipFMC (NYSE:FTI) (Paris:FTI) has successfully completed the remaining conditions required to enable work to commence on the Engineering, Procurement, and Construction (EPC) contract by Middle East Oil Refinery (MIDOR) for the modernization and expansion of their existing complex near Alexandria, Egypt.

As previously stated, this major(1) EPC contract covers the debottlenecking of existing units, the delivery of new units including a Crude and Vacuum Distillation Unit, a hydrogen production facility based on our steam reforming technology, as well as various process units, interconnecting, offsites and utilities. Starting in 2022, the modernized complex will produce Euro V products, with a 60% increase in the refinery’s original capacity to 160,000 barrels per day of crude oil.

The contract award will be included in the Company’s first quarter 2019 inbound orders in its Onshore/Offshore segment.

TechnipFMC Awarded a Significant Subsea Contract for the Equinor Johan Sverdrup Phase 2 Development

 TechnipFMC (Paris:FTI) (NYSE:FTI) (ISIN:GB00BDSFG982) has been awarded a significant(1) Subsea contract by Equinor for the Johan Sverdrup Phase 2 development, located in the Norwegian sector of the North Sea at a water depth of 120 meters.

The contract covers the delivery and installation of the subsea production system including integrated template structures, manifolds, tie-in and controls equipment.

Arnaud Piéton, President Subsea at TechnipFMC, commented: “We have collaborated closely with Equinor establishing a Strategic Collaboration Agreement in 2018. This joint engagement is leading to further value creation for both of us and for Equinor’s Johan Sverdrup Phase 2 Development. It reaches beyond the supply of subsea equipment, now encompassing its installation. We are very proud of this joint engagement and very pleased to work alongside Equinor for the Johan Sverdrup Phase 2 development.”

TechnipFMC Awarded a Large Integrated EPCI (iEPCI™) Contract for the Eni Merakes Field Offshore Indonesia

 March 25, 2019

TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) has been awarded a large(1) integrated Engineering, Procurement, Construction, Transportation and Installation (iEPCI™) contract by Eni for the Merakes project, located offshore Balikpapan Indonesia, at a water depth of approximately 1,500 meters.

This contract covers five deepwater wells, and their 50-kilometer tie back to the existing Jangkrik Floating Production Unit in Indonesia. The project scope includes engineering, procurement, installation and pre-commissioning of subsea equipment such as subsea trees, a manifold, large bore deepwater high pressure flexible lines, umbilicals and distribution hardware, flexible risers, flowlines and jumpers.

Arnaud Piéton, President Subsea at TechnipFMC commented: “This award demonstrates our leadership in iEPCI™: an example of how through collaboration and engagement with our customer, we’re simplifying subsea field architecture, enabling long tie-backs and accelerating time to market for their production, all important drivers for Eni and Indonesia., We are proud to count Eni as a client for iEPCI TM and honored to help them in developing these resources through our integrated approach and to support the Indonesian expansion.”

TechnipFMC Awarded a Substantial Integrated EPCI (iEPCI™) Contract for the Neptune Energy Duva and Gjøa P1 Projects

 April 2, 2019

TechnipFMC (Paris:FTI) (NYSE:FTI) has been awarded a substantial(1) integrated Engineering, Procurement, Construction and Installation (iEPCITM) contract from Neptune Energy for the Duva and Gjøa P1 projects, located in the Norwegian sector of the North Sea at a water depth of 375 meters.

The contract covers the delivery and installation of subsea equipment including umbilicals, rigid flowlines and subsea production system.

Arnaud Piéton, President Subsea at TechnipFMC, commented: “These new iEPCI TMawards by Neptune Energy are the first call offs from our recently signed Subsea Alliance Agreement which is based on early engagement and more collaboration and transparency between Operator and Contractor. These awards confirm our leadership position in complete subsea developments, through early engagement with iFEED TM (integrated FEED) studies and realizing the full scope through an integrated EPCI. We are currently executing the Fenja (2) iEPCI TM project with Neptune Energy and are honored that Neptune Energy continues embracing our innovative and comprehensive solutions.”

TechnipFMC awarded a significant Subsea contract for the Lapa Pre-Salt Field in Brazil

 April 9, 2019

TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a significant(1) contract for Lapa field by Total E&P do Brasil Ltda. (“Total”), on behalf of the Lapa Field Consortium, comprised of Total (35%), Shell Brasil Petróleo Ltda. (30%), Repsol Sinopec Brasil S.A. (25%) and Petróleo Brasileiro S.A. - Petrobras (10%). The Lapa field is located in the pre-salt Santos Basin, under the BM-S-9A concession, at 2,150 meters of water depth offshore Brazil.

The contract covers the supply of flexible pipes for oil production, gas lift and gas injection as well as associated accessories. The field will be connected to the FPSO(2) Cidade de Caraguatatuba, already in operation.

Arnaud Piéton, President Subsea at TechnipFMC, commented: “We are honored to be selected to execute the Lapa pre-salt field project in Brazil. We look forward to collaborating with Total and the Lapa Field Consortium to further enhance the hydrocarbon potential of Brazil.”

TechnipFMC Awarded a Significant Integrated EPCI (iEPCI™) Contract for the ConocoPhillips TOR II Development

 April 23, 2019

TechnipFMC (Paris:FTI) (NYSE:FTI) has been awarded a significant(1) integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract from ConocoPhillips for the TOR II development, located in the Norwegian sector of the North Sea at a water depth of 80 meters.

This contract covers the delivery and installation of a subsea production system including installation of umbilical, rigid flowlines and associated subsea equipment.

Arnaud Pieton, President Subsea at TechnipFMC, commented: “This is the first iEPCI™ award by ConocoPhillips. Through early engagement and collaboration, with ConocoPhillips we engineered an integrated subsea solution enabling first oil sooner than with a traditional project execution. We have partnered with ConocoPhillips in the Ekofisk area on several projects and are honored that ConocoPhillips is expanding its scope with us, embracing our innovative and comprehensive approach”.

TechnipFMC Awarded a Significant Integrated EPCI (iEPCI™) Subsea Contract for the BP Thunder Horse Expansion Project

May 7, 2019

 TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a significant(1) integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract by BP for the Thunder Horse South Expansion 2 Project located in the Gulf of Mexico.

TechnipFMC will manufacture, deliver and install subsea equipment, including subsea tree systems, manifolds, flowline, umbilicals and subsea tree jumpers, pipeline end terminations, subsea distribution and topside control equipment. This is the second iEPCI™ awarded to TechnipFMC by BP following Atlantis Phase 3 in the first quarter of 2019.

Arnaud Pieton, President Subsea at TechnipFMC, commented: “We are very pleased to have been awarded this iEPCI™ contract for BP in the Gulf of Mexico. This award confirms the trust we have built over the long term with BP and demonstrates the continued adoption of our iEPCI™ offering.”

The Thunder Horse field is located in Mississippi Canyon Blocks 776, 777 and 778, in the Boarshead Basin, 200 kilometers south-east of New Orleans. It is one of the largest fields in the Gulf of Mexico and lies at a water depth of 1,830 meters.

TechnipFMC Awarded Subsea Contracts for Anadarko’s Mozambique LNG

 

June 18, 2019

TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a number of subsea contracts by Anadarko Moçambique Área 1, Lda, a wholly owned subsidiary of Anadarko Petroleum Corporation, for its Mozambique Golfinho/Atum development.

TechnipFMC was awarded a major(1) Contract for the Engineering, Procurement, Construction and Installation (EPCI) of the subsea hardware system through its wholly owned UAE incorporated subsidiary, Technip Middle East FZCO. TechnipFMC will execute the offshore installation scope with its consortium partner Van Oord, through their wholly owned UAE incorporated subsidiary, Van Oord Gulf FZE, and in cooperation with strategic major subcontractor, Allseas.

In addition, TechnipFMC has been awarded separate contracts under its wholly owned US incorporated subsidiary FMCTI (FMC Technologies Inc.), to provide subsea hardware in support of well construction and the EPCI scope.

Arnaud Pieton, President Subsea at TechnipFMC, stated: “We are extremely pleased to have been selected for the majority of the Mozambique LNG subsea scope. TechnipFMC will execute its scope utilizing our integrated model (iEPCI TM ) and will highlight our industry leading subsea capabilities to help maximize Anadarko’s overall project value. This award is a testament of our 25-year partnership with Anadarko and will further expand our presence in Mozambique.”

Further to these awards, TechnipFMC and Allseas have entered into a Strategic Collaboration Agreement aimed at jointly pursuing specific deepwater projects where the assets, products and capabilities of both companies are complementary. This Strategic Collaboration will give both companies an enhanced access to world-class opportunities. It will allow our clients to benefit from the unique joint capabilities and integrated delivery assurance of TechnipFMC and Allseas on their most ambitious projects, such as Golfinho.

In support of these awards, TechnipFMC is increasing its footprint in Mozambique and opened a new office in Maputo, Mozambique, in February 2019. Through extensive cooperation agreements with local universities such as UEM and Uni Lurio, TechnipFMC will offer unique training opportunities to young Mozambican engineers that will continue building on our local expertise.

The Anadarko-operated Mozambique LNG project will be Mozambique’s first onshore LNG development, initially consisting of two LNG trains with total nameplate capacity of 12.88 Mtpa(2) to support the development of the Golfinho/Atum fields located entirely within Offshore Area 1.

TechnipFMC Awarded Significant Subsea Contracts for the Reliance MJ1 Field in India

July 1, 2019

 TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded significant(1) subsea contracts by Reliance Industries Limited for the MJ1 field located in deep water offshore India in the Krishna Godavari basin.

These contracts cover the fabrication and installation of flexible risers, rigid and flexible flowlines and umbilicals.

Arnaud Pieton, President Subsea at TechnipFMC, commented: “We are very honored to be associated with this prestigious natural gas project leading to further value creation. These awards confirm the trust we have built over the long term with Reliance along the oil and gas value chain, reflecting both our commitment to the Indian market and our leadership in the energy transition domain, through subsea gas projects.”

The MJ1 field is operated by Reliance Industries. This high-pressure high-temperature gas field is located in water depths ranging between 1,000 and 1,200 meters and will be connected to a new Floating Production Storage and Offloading facility.

TechnipFMC Awarded a Significant Integrated EPCI (iEPCI™) Contract for Neptune Energy in the North Sea

 July 22, 2019

TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a significant(1) integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract from Neptune Energy for the Seagull project, located in the Central North Sea. This contract is the second call-off under the recently announced five-year strategic global alliance agreement between TechnipFMC and Neptune Energy.

TechnipFMC will manufacture, deliver and install subsea equipment including production and water wash pipelines, umbilicals, subsea structures and control systems.

Arnaud Pieton, President Subsea at TechnipFMC, commented: “We are delighted to partner again with Neptune Energy. Our alliance clearly demonstrates the importance and value of early engagement and collaboration as well as our ability to offer clients a full suite of services and global experience. We look forward to expanding our working relationship through the development of fields such as Seagull. As architects of our clients’ projects and through the adoption of collaborative working methods, we can bring more efficient, repeatable solutions to our clients that increase value, reduce engineering interfaces and time to market.”

Neptune Energy is the operator of the Seagull discovery, together with joint venture partners BP and Japex. Seagull is a high-pressure, high-temperature oil field located in the Central North Sea in a water depth of approximately 90 meters. Comprising four subsea production wells, a new 5 kilometer pipe-in-pipe production line and a 17 kilometer control umbilical, Seagull outputs will travel via the Heron pipeline system to the BP-operated ETAP (Eastern Trough Area Project) development and on through the Forties pipeline system to Grangemouth, UK.

TechnipFMC Awarded a Major Contract for the Arctic LNG 2 Project in West Siberia

 July 23, 2019

TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) has been awarded a major(1) Engineering, Procurement and Construction (EPC) contract by Novatek and its partners for the Arctic LNG 2 project located in the Gydan peninsula in West Siberia, Russia.

This development will consist of three liquefied natural gas (LNG) trains, each with a capacity of 6.6 Mtpa(2), which will be installed on three gravity-based structure platforms.

TechnipFMC will execute this project under a lump sum and reimbursable basis. It will cover the EPC of the three LNG trains and associated topsides, which will be manufactured on a modular basis in Asian and Russian yards.

Nello Uccelletti, President Onshore/Offshore at TechnipFMC, commented: “We are extremely honored to be entrusted with this new contract by Novatek and its partners. We are leveraging our successful track record on the Yamal LNG project and notably the modular fabrication scheme. This project recognizes the experience and expertise of our teams as well as their capacity to deliver the most ambitious and innovative projects. It also confirms the leadership of TechnipFMC both in the LNG market and in the transition journey of the global energy industry.”

TechnipFMC’s Arctic LNG 2 Project Overview Presentation can be accessed on TechnipFMC’s website (https://investors.technipfmc.com/events-presentations/company-presentations).

TechnipFMC Awarded a Significant Integrated EPCI (iEPCI™) Contract for the Shell PowerNap project in the Gulf of Mexico

 August 22, 2019

TechnipFMC (NYSE: FTI) (Paris: FTI) has been awarded a significant(1) integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract by Shell for the PowerNap project, located in the Gulf of Mexico.

TechnipFMC will design, manufacture and install subsea hardware, including subsea tree systems, subsea distribution controls, topside controls, flying leads and connectors for three wells, in addition to the supply of 20 miles of production umbilical and flowlines.

Arnaud Pieton, President Subsea at TechnipFMC, commented: “We are very pleased to have been awarded this iEPCITM contract for the Shell PowerNap project. We look forward to executing the scope of work and to further expanding our 25-year successful relationship with Shell and our deep water portfolio in the Gulf of Mexico.”

PowerNap is a subsea tie-back project to the Olympus production hub and is located in Mississippi Canyon, Block MC943 in the Gulf of Mexico. The project is expected to complete installation in late 2021 and produce up to 35,000 barrels per day of oil equivalent at peak rates.

TechnipFMC, JGC and Fluor Consortium Awarded a Contract for the Rovuma LNG Project in Mozambique

 October 9, 2019

TechnipFMC (NYSE: FTI) (PARIS: FTI) announces that JFT – a consortium between JGC Corporation (JGC), Fluor Corporation (Fluor) and TechnipFMC has been awarded an Engineering, Procurement and Construction (EPC) contract by Mozambique Rovuma Venture S.p.A. (MRV) for the Rovuma LNG onshore liquefied natural gas (LNG) production complex project located in Cabo Delgado, Mozambique.

MRV, a joint-venture composed of Eni, ExxonMobil and CNPC, holds a 70% interest in the exploration and production concession of Area 4, with Galp, Kogas and Empresa Nacional de Hidrocarbonetos (ENH) each holding a 10% interest.

The Rovuma LNG Project will produce, liquefy and market natural gas from three reservoirs of the Mamba complex located in the Area 4 block in the Offshore Rovuma Basin. It includes the construction of two natural gas liquefaction trains, with a total LNG nameplate capacity of 15.2 Mtpa(1), as well as associated onshore facilities.

Nello Uccelletti, President Onshore/Offshore at TechnipFMC, commented: “We are extremely honored to have been awarded by MRV this new prestigious LNG project along with our long-time partners, JGC and Fluor. This award confirms the market recognition of TechnipFMC’s expertise and track record in gas monetization and, in particular, in the LNG industry. It also reinforces the Company’s positioning in the energy transition journey. TechnipFMC is a strong player in Mozambique, a strategic country for the Company, and already present through key LNG and Subsea on-going projects. We are proud to serve our customer for the Rovuma project and will continue to accompany the industrial growth of the country, leveraging its resources and human capital.”

TechnipFMC Awarded Significant Subsea Contract for PetroVietnam Gas’ Nam Con Son 2 Phase 2 Gas Pipeline Development in Vietnam

  TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a significant(1) contract by PetroVietnam Gas for the Engineering, Procurement and Construction (EPC) of the Nam Con Son 2 Phase 2 pipeline across Nam Con Son basin and Cuu Long basin in Vietnam.

The scope of the contract covers engineering and installation of 118 kilometers of rigid pipeline as well as the fabrication of subsea structures to tie back the existing Nam Con Son 2 Phase 1 gas pipeline to the Long Hai Landfall Station.

Arnaud Piéton, President Subsea at TechnipFMC, commented: “We are extremely pleased to have been entrusted with the Nam Con Son 2 Phase 2 pipeline contract. This pipeline collects and transports gas from several reserves to help meet the demand in Southeast Vietnam, and we look forward to collaborating with PetroVietnam Gas on this project.”

TechnipFMC Awarded Significant Integrated EPCI Contract for Woodside’s Pyxis Field in Australia

 October 18, 2019

TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a significant(1) integrated Engineering, Procurement, Construction and Installation (EPCI) contract by Woodside for the development of the Pyxis and Xena fields, located offshore North West Australia.

TechnipFMC will design, manufacture, deliver and install subsea equipment including subsea production system, flexible flowlines and umbilicals.

This contract is the first call-off under the recently executed five-year EPCI Frame Agreement between TechnipFMC and Woodside. The Frame Agreement allows collaborative development of projects for Woodside through early engagement and utilization of TechnipFMC integrated execution solutions.

Arnaud Piéton, President Subsea at TechnipFMC, commented: “We are very pleased to have signed a five-year Frame Agreement with Woodside that leads to this first contract under this agreement. This iEPCITM contract combines our integrated subsea solution with our Subsea 2.0 products and illustrates TechnipFMC’s complete offering. We value our long-term, collaborative relationship with Woodside and are committed to bring the best in the execution of this project.”

TechnipFMC Awarded Integrated EPCI (iEPCI™) Contract for the Shell Perdido Phase 2 Development

October 22, 2019

TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded an integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract by Shell for the Perdido Phase 2 development, located in the Gulf of Mexico.

The contract covers the delivery and installation of subsea equipment, including flexible flowlines, flexible jumpers, steel flying leads, electrical flying leads, and will utilize compact manifold technology, with the Subsea 2.0 In-Line Compact Manifold(1) .

Arnaud Piéton, President Subsea at TechnipFMC, commented: “We are extremely pleased to have been selected by Shell for the Perdido Phase 2 development which is incorporating our latest generation of subsea equipment. This award once again confirms our leadership position in complete subsea developments, through early engagement with iFEED ™ (integrated FEED) studies and realizing the full scope through an integrated EPCI (iEPCI™). We are looking forward to further support Shell in unlocking benefits through our integrated offering.”

TechnipFMC Awarded a Significant Contract by Motor Oil Hellas for a New Naphtha Complex in Greece

 January 9, 2020

TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a significant(1) Engineering, Procurement and Construction management (EPCm) services contract for the construction of a new naphtha complex for Motor Oil Hellas’ Corinth Refinery in Greece.

This new naphtha complex will have a capacity of 22,000 barrels per day and consist of three new process units: a naphtha hydrotreater unit, a platforming unit and an isomerization unit. Upon completion, the complex will allow Motor Oil Hellas Refinery to increase its production of Euro 5 gasoline, aligned with its strategy to increase the production of clean fuels. The project also includes upgrading the existing utilities and offsite units to meet the requirements of the new complex.

This award follows the successful execution of TechnipFMC’s FEED (front end engineering design) for the same complex.

Catherine MacGregor, President of TechnipFMC’s Onshore/Offshore business, commented: “With this project, TechnipFMC strengthens its expertise in the delivery of complex projects and its leadership within the European downstream market. This project also illustrates the strong historical relationship between TechnipFMC and Motor Oil Hellas over the past 45 years.”

TechnipFMC Awarded a Significant Integrated EPCI (iEPCI™) Contract for the BP Platina Field in Angola

 TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) has been awarded a significant(1) integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract from BP Angola for the Platina field development, located offshore Angola in Block 18 at water depths ranging from 1,200 to 1,500 meters.

The contract covers the manufacture, delivery and installation of the subsea equipment including subsea trees, a production manifold with associated subsea control and connection systems, as well as rigid pipelines, umbilicals and flexible jumpers.

Arnaud Pieton, President Subsea at TechnipFMC, commented: “We are very pleased to have been selected by BP for this important deepwater development offshore Angola. We are committed to BP and to supporting the Angolan oil and gas industry. This iEPCI™ follows iFEED™ work and will utilize our local assets such as our service base in Luanda and our umbilical factory in Lobito.”

TechnipFMC Awarded Significant Integrated EPCI (iEPCI™) Contract for Woodside’s Lambert Deep and Greater Western Flank Fields in Australia

April 20, 2020

 TechnipFMC (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982) has been awarded a significant (1) integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract by Woodside Energy Limited for the development of the Lambert Deep and Phase 3 of the Greater Western Flank fields, located offshore Northwestern Australia.

TechnipFMC will design, manufacture, deliver and install subsea equipment including subsea production system, flexible flowlines and umbilicals for connection to the Angel platform.

This is the second contract under the recently announced five-year iEPCI™ Frame Agreement between TechnipFMC and Woodside.

Arnaud Pieton, President Subsea at TechnipFMC, commented: “We are delighted to have been awarded another iEPCI™ project through our frame agreement with Woodside. This is Woodside’s second consecutive award adopting our Subsea 2.0 platform, confirming our common ambition to transform subsea economics through integration, standardization and configurability.”

The Angel platform is located about 120 kilometers north-west of Karratha and is connected to the North Rankin Complex (NRC) via a 50 kilometers subsea pipeline.