< PreviousThese are the companies, projects, and people that will compete to win at the Middle East Energy Awards! SHORTLIST REVEALED! It has been a whirlwind year for the oil and gas sector, but despite turbulence in the market, leaders across the upstream, midstream, and downstream sectors have managed to create an impressive line-up of achievements across the Middle East. The Middle East Energy Awards, now in its 11th year, gathers industry leaders every year to recognise achievements across the value chain. This year, with the awards ceremony slated for 30 June 2020 in Abu Dhabi, we will celebrate winners in 15 categories. After careful consideration of many candidates for each category, the editors of Oil & Gas Middle East and Refi ning & Petrochemicals Middle East have narrowed their choices down to a shortlist of fi ve nominees per category… Who will win? Book your seats and fi nd out! For more information about bookings, please contact Mark Grennell (mark. grennell@itp.com). Oil & Gas Woman of the Year • Ezz Almannai, Director, Planning and Development, NOGA, Bahrain • Fatima Al Nuaimi, CEO, ADNOC LNG • Khadija Daghar, R&D Head, ADNOC • Reem Al-Ghanim, Head of HR & Support Services, Chemicals, Saudi Aramco • Tayba Al Hashemi, Chief Executive Offi cer, Al Yasat Petroleum Clean Energy Initiative of the Year • First Solar-powered Lubricants Blending Plant in the UAE by ENOC • Initiative to Reduce GHG Emissions Intensity by 25% by 2030 by ADNOC • Nimr Wetland Project by PDO • Sidrah 500 Project by KOC • Using Renewables to Power Unconventional Gas Wells in Wa’ad 2020 Refi ning & Petrochemicals Middle East April 2020www.refi ningandpetrochemicalsme.com 10 The Middle East Energy AwardsAl-Shamal, Saudi Aramco CSR Initiative of the Year • Energy & Resource Management (E&RM) Programme, ENOC • Ithra, Saudi Aramco CSR Initiative • Project STOP, Borouge as Strategic Partner • RAISE, SABIC’s Global CSR Strategy • WFES CO2 Off setting, Shell Abu Dhabi Digital Enabler of the Year • ABB • AVEVA • Honeywell • Rockwell Automation • Siemens Downstream Project of the Year • Clean Fuels Project by KNPC • Hydrogen Pipeline Network Project in Yanbu by Air Liquide Arabia • Jazan Refi nery and Terminal Project by Saudi Aramco • Liwa Plastics Industries Complex Project, OQ • MEGlobal Oyster Creek Project by EQUATE Group EPC Company of the Year • McDermott • NPCC • Petrofac • Saipem • TechnipFMC HSE Initiative of the Year • ADNOC’s 100% HSE • ENOC Cares Campaign • L&T’s Zero Incident Credo Initiative • SABIC Life Saving Rules (LSR) Programme • Saudi Aramco Joining the World Bank Initiative of ‘Zero Routine Flaring by 2030’ Logistics Service Provider of the Year • DP World • Horizon Terminals • Mammoet • RSA Global • Schmidt Middle East Oilfi eld Services Company of the Year • Baker Hughes • NOV • Schlumberger • Schneider Electric • Weir Talent Development Initiative of the Year • ELEVATE Programme by EQUATE Group • Global Graduate Development Programme by Petrofac • Overseas Undergraduate Further Studies Scholarship Scheme by PDO • STEM Education Programme by ADNOC • Upstream Professional Development Center by Saudi Aramco Technical Innovation Project of the Year • CCUS Programme by ADNOC • HyPR HoleSaver by Churchill Drilling Tools • Shallow Water Inspection and Monitoring Robot (SWIM-R) by Saudi Aramco • Thermally Assisted Gas-Oil Gravity Drainage (TAGOGD) Technique for Enhanced Oil Recovery by PDO • Unconventional Gas Stimulation by Halliburton Technology Provider of the Year • C3 Olefl ex Technology from Honeywell UOP • FLEXICOKING Technology from ExxonMobil • HydroFlex Technology from Haldor Topsoe • Propane Dehydrogenation Technology K-PRO from KBR • STRATCO Alkylation Technology from DuPont Clean Technologies Upstream Project of the Year • Rabab Harweel by PDO • Jebel Ali Project by ADNOC • South Ratqa heavy crude by KOC • Mahani-1 Exploration Project by SNOC • Marjan & Berri Redevelopment Project by Saudi Aramco Young Oil & Gas Professional of the Year (TBA) Oil & Gas Executive of the Year (TBA) Refi ning & Petrochemicals Middle East April 2020www.refi ningandpetrochemicalsme.com 11The Middle East Energy AwardsOHL Gutermuth Industrial Valves GmbH Others simply sell a product – we offer a solution. OHL Gutermuth A control and shut off technique you can rely on. Helmershäuser Strasse 9+12 · 63674 Altenstadt/Germany Phone +49 6047.8006-0 · Fax +49 6047.8006-29 · www.ohl-gutermuth.de · og@ohl-gutermuth.de OHL Gutermuth switching- and metal seated butterfl y valves are specifi ed and accepted internationally, as the ultimate in reactor switching valves for Sulphur Tail Gas Clean-up Processes. We offer an exceptionally rugged valve with a different concept. Optimize your production sequences, using a switching valve, which is providing an extremely low leakage rate, with a minimum pressure drop, as well as superb reliability. Available in sizes ranging from 1” through 80” with fabricated or cast steel body and heating jacket. Literally dozens of plants and refi neries, worldwide, using SULFREEN, MCRC and CBA processes, among others, have OHL Gutermuth hot gas switching valves and butterfl y valves in their system „made in Altenstadt/Germany”. It’s good to know where to fi nd perfect valve technology.Refi ning & Petrochemicals Middle East April 2020www.refi ningandpetrochemicalsme.com 13Top 30 EPC Contractors This list is prepared at a time when the world is facing the devastating impact of Covid-19 pandemic. As on every other aspect of life and business, it has made a terribly shocking effect on various upstream and downstream projects around the world. What the future holds for those projects, in planning and under implementation in various phases, is something beyond comprehension at this point of time. The engineering, procurement and construction (EPC) contractors are the key drivers in those projects. With the kind of uncertainty created by Covid-19 in won in the Middle East region from the downstream industry. We have considered many other relevant factors as well. We have considered the impact of the project on the regional industry, people and economy. We have also considered factors like CSR initiatives, compliance to ethical business practices, etc. The rankings in this year’s list have changed notably, compared to the last year. We take this opportunity to thank all those who have cooperated in providing data for compiling this list. Congratulations to all the organisations that have been included in this year’s list! the upstream and downstream projects, these contractors are also in serious trouble. Nevertheless, the Top 30 EPC Contractors’ list for this year is ready. This year, we have also considered the upstream projects of the contractors since most of the operators in the region manage downstream and upstream side of the energy sector together. As most of the contractors are international players, the scope of their business outside the region was also a factor of consideration. We have enlisted and ranked the 2020 list of Top 30 EPC Contractors not only based on the value and volume of the projects that EPC companies have Welcome to the Refi ning & Petrochemicals Middle East 2020 Top 30 EPC Contractors’ listing. TOP 30 EPC CONTRACTORS14 Refi ning & Petrochemicals Middle East April 2020www.refi ningandpetrochemicalsme.com Top 30 EPC Contractors Samsung Engineering announced that it signed on 23 January 2020 a $1.85bn contract for the Saudi Aramco HUGRS (Hawiyah Unayzah Gas Reservoir Storage) Project. Samsung Engineering received a letter of intent and also signed a contract for initial work in November of last year. The project is located at Hawiyah 260km east of Saudi Arabia’s capital Riyadh, and includes gas injection facility of 1,500 million standard cubic feet per day (MMSCFD) and a gas reprocessing facility of 2,000MMSCFD. It is a project to introduce surplus sales gas into existing well during winter and can reproduce gas in to match increase in gas demand in the summer, due to regional characteristics. Samsung Engineering will execute the whole engineering, procurement and construction (EPC) process and expects the Saudi Aramco HUGRS to be completed in 2023. The scope of work includes gas injection facility with booster compressors and injection compressors, gas reproduction facility with reproduction compressors and slug catchers as well as utilities and off site facilities. Samsung Engineering is confi dent in the success of this project, based on its rich local experience in Saudi Arabia and its strong partnership with the client. Since its fi rst entry into Saudi Arabia in 2003, Samsung Engineering has carried out more than 30 projects worth about $15bn, half of which are Saudi Aramco projects. Based on the gathered knowhow accumulated for numerous years, Samsung Engineering is confi dent that the existing network of local partners, resource utilisation, and smooth communication with the client will lead to a project, which will benefi t the client and Saudi Arabia. In February 2018, Samsung Engineering won the crude fl exibility project of ADNOC Refi ning in the UAE. At a value of $3.1bn, Samsung Engineering secured the contract with CB&I as joint venture partner. Samsung’s contract amount was $2.6bn. This project will be built at the Ruwais Industrial Complex. It will construct a new atmospheric residue de-sulphurisation facility, with an annual capacity of 177,000 barrels per day. The estimated completion schedule is at the end of 2022. Petrofac designs, builds, manages and maintains infrastructure for the energy industries. The company’s comprehensive and tailored service off ering covers each stage of the project life cycle and a variety of commercial models, giving its clients the fl exibility they need. Petrofac’s diverse client portfolio includes many of the world’s leading integrated, independent and national oil and gas, and renewable energy companies. Petrofac’s Engineering & Construction (E&C) division made steady progress delivering its portfolio of projects in 2019 with a number of highlights and signifi cant completions. In Saudi Arabia, the Jazan South tank farm is mechanically complete, whilst the Jazan North tank farm and Fadhili projects are nearing mechanical completion. In Kuwait, the KNPC Clean Fuels project is substantially complete. The Khazzan Phase 2 (Ghazeer) gas development in Oman remains ahead of schedule. Overall, another year of solid operational delivery and the company’s safety record was excellent. A defi nite highlight for the year is its digitalisation programme, which has strong momentum and is starting to create real value for both Petrofac and its clients. The company is now recognised as a well-established downstream player and continue to bid actively on several sizeable petrochemical projects. In October 2019, Petrofac opened a new offi ce in Kuwait City to strengthen the company’s global position in the State of Kuwait and to emphasise the strategic partnership with Kuwait Petroleum Corporation (KPC) and its oil and gas subsidiary companies. The offi ce, located in Burj Ahmed, will enhance cooperation on future projects, following the success of Petrofac and KPC’s partnership in executing major projects in Kuwait. It will complement Petrofac’s existing offi ce in Ahmadi City, which has supported the management of all Petrofac projects in Kuwait since opening in 2000. Ayman Asfari, Petrofac Group chief executive, said: “We are delighted to open Petrofac’s new offi ce in Kuwait. The country plays a major role in the Middle East’s oil and gas industry, implementing some of the most complex energy projects in the region. Our continued focus is on investing in Kuwait and building capacity for the future to ensure that we are part of the country’s fabric for many years to come.” Wherever the company operates, Petrofac is committed to creating shared value, by supporting local supply chains, employing local people, developing local capabilities, and stimulating local economies. No 1 Wins $1.65bn contracts from ADNOC 1970 Samsung Engineering was founded in 1970 Samsung Engineering Petrofac15 Refi ning & Petrochemicals Middle East April 2020www.refi ningandpetrochemicalsme.com Top 30 EPC Contractors In April 2019, Técnicas Reunidas was selected by ExxonMobil to undertake the engineering, procurement and construction (EPC) for the process units at its Singapore refi nery expansion project. This EPC contract, a continuation of Técnicas Reunidas’ work as FEED contractor, is part of a multibillion dollar investment by ExxonMobil in Singapore. This expansion aims to produce high e r - v al u e products from fuel oil. Técnicas Reunidas will assist ExxonMobil to achieve this by undertaking EPC works for several refi ning units based on ExxonMobil’s proprietary technologies, other licensed technologies and other units. Técnicas Reunidas’ scope includes hydro-processing conversion units, sulphur recovery, hot oil system and associated off sites and utilities. The LSTK (lump sum turnkey) contract has a value of approximately $1.5bn over a duration of 43 months. This award marks the second standalone award by ExxonMobil to Técnicas Reunidas and further strengthens the company’s presence in South East Asia. In February 2018, Técnicas Reunidas signed the contract for the execution of the process units for the new refi nery of Duqm in Oman. This project is part of the Omani government plan for the industrial development of the Special Economic Zone of Duqm, which includes the new grassroot refi nery, with an overall investment of $15bn in the coming 15 years. The contract has been awarded on an LSTK basis to the international joint venture between Técnicas Reunidas and Daewoo Engineering and Construction for an approximate value of $2.75bn and 47 months of duration. This is the largest of the three packages awarded for the refi nery and includes all the process units. The project will be developed at Técnicas Reunidas’ offi ce in Madrid, being the majority partner of the joint venture with a participation of 65%. This project will enlarge the experience and activity of the company in the Middle East. Duqm Refi nery and Petrochemical Industries Company is a joint venture between the state-owned Oman Oil Company and Kuwait Petroleum International, the international subsidiary of Kuwait Petroleum Corporation. According an update issued by TechnipFMC on the company’s plans to separate as TechnipFMC and Technip Energies, the company has issued a media statement saying that the market conditions have changed materially due to the Covid-19 pandemic, the sharp decline in commodity prices, and the heightened volatility in global equity markets. The impacts of these events have created a market environment that is not currently conducive to the company’s planned separation into TechnipFMC and Technip Energies. The company reiterated that the strategic rationale for the separation remains unchanged, and the company is committed to the transaction, and continues its preparations to ensure that the two companies are ready for separation when the markets suffi ciently recover. In August 2019, TechnipFMC announced that its board of directors has unanimously approved its plan to separate into two independent, publicly traded companies: RemainCo, a fully-integrated technology and services provider, continuing to drive energy development; and SpinCo, a leading engineering and construction (E&C) player, poised to capitalise on the global energy transition. The separation would enhance both RemainCo’s and SpinCo’s focus on their respective strategies and provide improved fl exibility and growth opportunities. The transaction is expected to be structured as a spin-off of TechnipFMC’s onshore/off shore segment to be headquartered in Paris, France. The separation was expected to be completed in the fi rst half of 2020, subject to customary conditions, consultations and regulatory approvals, at which time all outstanding shares of SpinCo will be distributed to existing TechnipFMC shareholders. The 2017, merger of Technip S.A. and FMC Technologies, Inc. created a new subsea leader and established TechnipFMC as the only fully- integrated subsea provider. TechnipFMC has redefined subsea economics through its integrated model and accelerated technology development and innovation. At the same time, the company’s onshore/ offshore business has consistently demonstrated operational excellence, successfully delivered landmark projects, built an unprecedented backlog, and positioned itself to continue capitalising on growing demand for liquefied natural gas (LNG). The exceptional performance of TechnipFMC since the merger has made the proposed spin- off possible and, when completed, will enable the two companies to unlock additional value. 37,000 Employs 37,000 people $11bn Backlog at $11bn at year end 2019 Técnicas Reunidas TechnipFMC16 Refi ning & Petrochemicals Middle East April 2020www.refi ningandpetrochemicalsme.com Top 30 EPC Contractors In October 2019 McDermott announced it has been awarded a large contract by Saudi Aramco and Total Raffi nage Chimie (Total) to provide licences, basic engineering package, extended basic engineering, training, technical services and supply of proprietary equipment for what will be one of the world’s largest mixed feed crackers. As part of the contract, McDermott’s Lummus Technology will provide licensing and engineering services for its olefi ns technology, low pressure recovery (refi nery off -gas recovery and treating), pygas hydrotreating, CDMtbe Methyl Tertiary Butyl Ether (MTBE) (production technology using catalytic distillation), CDIB (back cracking of MTBE to produce high- purity isobutylene and methanol) and the BASF NMP (N-methylpyrrolidone- based butadiene extraction process). In addition, Lummus will provide its proprietary Short Residence Time (SRT) heaters. Lummus has a reputation for innovation and reliability in the market and this award strengthens our industry-leading ethylene position by taking on the role of master licensor for multiple licensed units,” said Leon de Bruyn, senior vice president, technology, McDermott. “The award is also a testament of our long-standing relationship with Aramco and Total and our commitment to the Kingdom of Saudi Arabia.” Linh Austin, senior vice president, Middle East and North Africa, McDermott, added that the award further demonstrates McDermott’s ability to support the kingdom’s stated objective of increasing petrochemical production. “This award sets the foundation for Saudi Aramco and Total to deliver a world-scale integrated refinery and petrochemicals complex,” Austin said. In July 2019, McDermott announced that it has been awarded a sizeable contract by Total Oman E&P Development in partnership with Oman Oil Company to provide front-end engineering design (FEED) services for the Sohar LNG bunkering project in Oman. This project is intended to establish Oman as a regional LNG bunkering hub capable of supplying LNG as a fuel to marine vessels. In June 2019, SK Engineering & Construction Co (SK E&C) won FEED contract for INEOS’ $3.36bn propane dehydrogenation unit at Antwerp. INEOS has announced the next step forward in the design and build of its PDH (propane dehydrogenation) unit at the centre of its $3.36bn investment to be located at its Antwerp site in Belgium. The company has awarded SK E&C, Korea, the front-end engineering and design contract for the 750ktpa plant which is due to come on stream in 2023. John McNally, CEO, INEOS Project One, said: “The selection of SK E&C is a signifi cant step forward for the development of the project. Our decision is based on a thorough and rigorous assessment of the needs of the project and the expertise of the company’s capable of designing state-of-the- art, reliable and effi cient PDH units. SK E&C is best placed to help us to apply leading-edge technology to the design of a reliable PDH facility.” The signing of the contract with SK E&C took place at the INEOS headquarters in London. The event was attended by Gerd Franken, chairman of INEOS Olefi ns & Polymers, John McNally, CEO of INEOS Project ONE, Ahn Jae-hyun, CEO of SK E&C, and Kim Chul-Jin, president of SK Advanced. Franken said: “This plant will not only be highly energy and carbon effi cient but will help to give Europe a competitive and sustainable industry for years to come. The demands on the environmental performance of this unit will be very high and we are recruiting a talented team to design a plant that meets the highest standards.” The PDH process produces propylene by removing hydrogen from propane gas. The main use for propylene is polypropylene, which is increasingly used in components to make cars lighter and more efficient. It is also used to produce acrylonitrile without which there would be no carbon fibre, which is increasingly important for transport, and for acrylic fibres for clothing. Propylene oxide which is also based on propylene is used in insulation foams for construction. The efficient production of hydrogen as a by-product is increasingly becoming a product of interest for future zero carbon fuel and energy systems for transportation. In February 2019, ADNOC announced that it is building the world’s largest single underground project ever awarded for oil storage, with a capacity of 42 million barrels of crude oil, in the Emirate of Fujairah on the eastern coast of the UAE. $3.36bn Wins FEED contract for INEOS’ $3.36bn PDH unit McDermott SK Engineering & Construction Co Fullstream McDermott International and CB&I combine 17 Refi ning & Petrochemicals Middle East April 2020www.refi ningandpetrochemicalsme.com Top 30 EPC Contractors In March 2020, Maire Tecnimont announced that its subsidiary Tecnimont has signed with Gemlik Gübre Sanayii Anonim Şirketi an EPC contract for a value of approximately $221.23mn related to the implementation of a new urea and UAN (urea ammonium nitrate solution) plant in Gemlik, 125km south of Istanbul, Turkey. The plant will have the capacity of 1,640MTPD of granular urea and 500MTPD of UAN, and will run on the market- leading urea technology of Stamicarbon, a fully owned subsidiary of the group. The scope of work concerns the execution of engineering, supply of all equipment and materials and construction and erection works. Project completion is planned within about three years of its eff ectiveness. In March 2019, Maire Tecnimont announced that its subsidiary Tecnimont, through its affi liate Tecnimont Arabia Company, has been awarded a reimbursable EPC contract by National Petrochemical Industrial Company (NATPET) for the reinstatement of the existing polypropylene plant located in Yanbu Industrial City, on the west coast of the Kingdom of Saudi Arabia. The overall value of the contract is about $65mn on a reimbursable basis. The project scope of work entails engineering and procurement services, material supply, construction supervision services, and construction works. The project has an estimated execution schedule of about seven months, up to ready for start-up. Pierroberto Folgiero, Maire Tecnimont chief executive offi cer, commented: “With this award, we further consolidate our industrial footprint in Saudi Arabia, leveraging our strong capabilities in carrying out revamping projects, as part of our business strategy. We are honoured to put our technological know- how at the service of a prestigious client such as NATPET.” In February 2019, Maire Tecnimont was awarded a reimbursable EPC contract by NATPET for the reinstatement of the existing polypropylene plant located in Yanbu Industrial City in Saudi Arabia. The overall value of the contract is about $65mn on a reimbursable basis. The project scope of work entails engineering and procurement services, material supply, construction supervision services and construction works. In September 2019, SNC-Lavalin announced that it has been awarded a general engineering, project management and technical support services contract from Al Yasat Petroleum with an estimated value of approximately $39.24mn. Under the three-year agreement, extendable for two years, SNC-Lavalin will partner with Al Yasat Petroleum extending the engineering and project support arm, in line with the Al Yasat Smart Growth Operating Model. The scope of work includes conceptual studies and design, front-end engineering and design (FEED), execution planning, detailed engineering for small works and specialised studies. SNC-Lavalin will support Al Yasat in managing sub-contracts, procurement services and market surveys. As part of this agreement, SNC-Lavalin will also provide its digital expertise to help Al Yasat in the ambitious digital transformation plan using latest technologies. Project support includes project services and securing Al Yasat with manpower to be part of an integrated project management team. “With over 50 years of presence in the Middle East, we have built a reputation for creating long-term value for leading international and national oil companies. This win underpins our successful track record and strategic approach to growing our business in engineering and consulting services,” said Craig Muir, president, resources, SNC-Lavalin. “We are proud to support Al Yasat Petroleum on this project, and we will ensure it is efficiently delivered to the highest quality standards by combining our traditional engineering expertise with innovative solutions and digital technologies.” SNC-Lavalin signed a contract of approximately $180mn in July 2018 with Kuwait Integrated Petroleum Industries Company for commissioning management support services, as well as the preparation and delivery of training, documentation and competency development consultancy services, at the Al Zour Refinery in Kuwait. In June 2018, SNC-Lavalin signed an exclusive agreement with Florexx International Investments for the extended basic engineering and subsequent design and delivery of an Advanced Topping Refinery in the UAE. Under the exclusive agreement, SNC-Lavalin will carry out the initial basic engineering, master planning, process technology evaluation and selection to support project financial in v e s t m e n t decision approvals. Maire Tecnimont SNC-Lavalin 100 Over 100 years of global value creation $221mn Enters the Turkish market with an EPC contract18 Refi ning & Petrochemicals Middle East April 2020www.refi ningandpetrochemicalsme.com Top 30 EPC Contractors In May 2019, Daewoo Engineering & Construction announced that it has landed an order to build a container terminal for $199.75mn in Basra, southern Iraq. Daewoo Engineering & Construction said it has signed a contract to build Al Faw Container Terminal (Phase 1) with the attendance of Al Maliki, Iraqi minister of transportation, and Park Ch an - y o n g , an executive director of Da e w oo Engineering Construction. The Iraqi Port Authority placed the order with the Korean builder. Daewoo Engineering Construction will build a 4.5 kilometre long temporary dike for the fi rst phase construction of a container terminal in the Al Faw region of Basra. “The project is a follow-up to the West Breakwater project in Al Faw, which is being built by Daewoo Engineering & Construction for completion in June 2019,” a Daewoo Engineering & Construction offi cial said. “Our successful implementation of the current project earned us strong trust from the client, who decided to award the new project to Daewoo Engineering & Construction without holding an open bidding process.” In particular, the development of Al Faw New Port in Iraq is a large-scale project to build a port in Basra, which is the only Iraqi state that borders on the sea. The Iraqi government plans to grow Al Faw Port into one of the world’s top 12 ports. In February 2018, Daewoo Engineering & Construction signed a contract on the EPC 1 package of Oman’s Duqm Refi nery project, amounting to a total of $2.75bn through a joint venture with Técnicas Reunidas of Spain. Daewoo Engineering & Construction will conduct engineering, procurement and construction jointly with Técnicas Reunidas. Lead manager Técnicas Reunidas holds 65% stake in the project while Daewoo Engineering & Construction has 35% stake, which amounts to $960mn. The construction work will run for 47 months after ground is broken. When completed, the facility will become the largest refi nery in Oman, with a capacity to process 230,000 barrels per day. Daewoo Engineering & Construction has been leading the construction of thermal power, cogeneration, tidal power, nuclear power plants, LNG storage, and other facilities with its outstanding technology and passion. In February 2020, Saipem has signed a memorandum of understanding (MoU) with Gulf Petrochemical Industries Company (GPIC), a joint venture equally owned by the National Oil and Gas Holding Company in the Kingdom of Bahrain, SABIC Agri-nutrient Investments in the Kingdom of Saudi Arabia, and Petrochemical Industries Company in Kuwait. The subject matter of the agreement is the feasibility study of three main projects in Bahrain. The fi rst is in relation to the increase of GPIC’s daily plant production of ammonia, urea and methanol through technical solutions that may reduce energy consumption and use natural gas. The second consists of a pre-feasibility study to build a new mega ammonia and urea plant, while the third aims to determine the quality of gas feedstock in the fi elds discovered in 2018 off the west coast of the kingdom. Maurizio Coratella, chief operating offi cer of the Saipem Onshore E&C Division, commented: “The memorandum of understanding signed with Gulf Petrochemical Industries Company marks a signifi cant new opportunity in Saipem’s path towards the expansion and strengthening of its interests and relationships in this strategic area.” In September 2019, Saipem was included, for the hird consecutive year, in the World and Europe equity indices of the Dow Jones Sustainability Index, as a leader in the energy equipment services industrial sector. For over twenty years, the Dow Jones Sustainability Index, based on a selection carried out by the rating agency RobecoSAM, has classifi ed the companies that stand out in each sector through a complex assessment process that involves analysis of the suitability of the business system and of compliance with stringent economic, ethical, social, environmental and governance criteria. Saipem was awarded a contract in February 2018 in the onshore E&C sector worth approximately $750mn. Work involves engineering, procurement, construction and commissioning under Package 3 Off site Facilities in the framework of the development of the Duqm Refi nery in Oman. The contract was awarded by Duqm Refi nery and Petrochemical Industries Company. Once completed, the refi nery will have a capacity of around 230,000bpd. Stefano Cao, Saipem CEO, commented: “We welcome with particular satisfaction the awarding of this new contract, which signals the relaunch of our activities in Oman, a country in which Saipem has operated s u c c e s s - fully in the past.” 34,200 Saipem employs 34,200 people in 70 countries around the world Daewoo Engineering & Construction Saipem $960mn Wins Duqm Refi nery project in JV with Técnicas Reunidas19 Refi ning & Petrochemicals Middle East April 2020www.refi ningandpetrochemicalsme.com Top 30 EPC Contractors In January 2020, Fluor announced that Heartland Canada Partners (HCP), Fluor’s 50/50 partnership with Kiewit Construction Services ULC, was awarded a contract to provide engineering, procurement and construction services for a new propane dehydrogenation (PDH) unit for Canada Kuwait Petrochemical Corporation (CKPC), a 50/50 joint venture between Pe m b i n a Pi pe lin e Co r p o r a t i o n (Pembina) and Kuwait’s Petrochemical Industries Company (PIC). The new PDH unit is part of CKPC’s integrated PDH plant and polypropylene upgrading facility that will be located in Sturgeon County, Alberta, Canada. Fluor expects to book its portion of the contract value in the fi rst quarter of 2020. “With more than 25 million hours of construction experience in Alberta, we bring together two industry- leading contractors to deliver end-to-end engineering, procurement and construction services for CKPC’s new PDH unit – the third world-scale facility of its kind for Fluor in recent years,” said Mark Fields, group president of Fluor’s energy and chemicals business. In October 2019, Fluor Corporation announced that its joint venture COOEC- Fluor Heavy Industries, Co (COOEC-Fluor) fabrication yard in Zhuhai, China, has safely completed the pipe spool fabrication portion of its scope of work in support of the Kuwait Integrated Petroleum Industries Company (KIPIC) Al-Zour project in Kuwait. To achieve this milestone, COOEC-Fluor delivered more than 95,000 pipe spools by fabricating 337,000 linear metres of carbon, alloy and stainless steel pipe. The completed pipe spools were loaded out and arrived at the project site in Kuwait at the end of September. The project team has completed more than 3.5 million hours without a lost- time incident. “The completion of the pipe spool fabrication package is a signifi cant achievement for COOEC-Fluor,” said Chris Vertanness, vice president and director of operations at the COOEC-Fluor fabrication yard. “Not only does this milestone showcase the yard’s extensive pipe and steel fabrication capability in addition to modular assembly, but it also demonstrates our ability to safely deliver large-scale projects at an accelerated pace by shipping more than 15,500 spools per month at peak.” In November 2019, Daelim Industrial Co, a major construction fi rm in South Korea, won a $462mn order to build a petrochemical plant in South Korea. Under the contract with Hyundai Chemical Co, Daelim Industrial will build the heavy- feed petrochemical complex in Daesan, 120 kilometres south of Seoul. The plant will be able to produce 250,000 tonnes of polypropylene as well as 600,000 tonnes of polyethylene a year, according to the company. Daelim Industrial is the third largest builder in South Korea in terms of building capacity, according to recent government data. Hyundai Chemical is a joint venture between South Korea’s Hyundai Oilbank Co and Lotte Chemical Corp. Once the plant is completed, various petrochemical products using intermediate crude – the residue of crude oil – can be produced. Polypropylene is mainly used for drug bottles, or containers, or for auto electric/electronic parts due to its excellent heat resistance and chemical resistance. LDPE is used for packing envelopes, or wraps. HDPE is used for various containers, or insulation materials such as wires. Daelim will carry out the project via the EPC method wherein it is in charge of design, materials and equipment procurement, and construction. Construction was started in May 2019 and is slated to be completed in June 2021. In October 2019, Daelim announced that the KNPC SHFP site in Kuwait achieved early completion of construction. The site completed the pre- commissioning phase by shortening the original construction period of 18 months by one month thanks to the repair and expansion of existing sulphur processing facilities according to the plan to increase sulphur output on 17 May 2018. The site received the PTO (provisional turn over) certifi cate one month earlier from the client. The KNPC SHFP site is a project of increasing the processing capacity from 2,431 tonnes/ day to 5,000 tonnes/day through the repair and expansion of the existing facilities that solidify the liquid sulphur produced in three refi neries within the Mina Al-Ahmadi refi nery, Kuwait’s largest oil refi ning industrial complex, to solid sulphur granule, and which store and export the solidifi ed sulphur. KNPC is the national oil refi ning company of Kuwait. Daelim signed a $892mn contract in October 2018 for the new ammonia plant construction project of Saudi Arabia’s Ma’aden. This project involves building an ammonia production plant in the Ras Al-Khair region located 80km north of Jubail, eastern part of Saudi Arabia. Fluor Daelim Industrial Co $462mn Lands Hyundai petchem plant construction project No 164 Fluor ranks No 164 in Fortune 500 in 2019Next >