Saturday, August 30, 2014
Friday, August 22, 2014
Petrofac awarded US$700 million gathering centre project in Kuwait
Petrofac, the international oil and gas services provider has received an award notification for Kuwait Oil Company's (KOC) gathering centre 29 (GC29) which is located approximately 70 km north of Kuwait City in the north of the country.
Valued at approximately US$700 million, the project will be completed over a period of approximately three years. The competitively tendered lump-sum greenfield scope of work includes the engineering, procurement, construction, pre-commissioning and commissioning of GC29.
GC29 is one of three gathering centres being constructed to support KOC's plans to increase and maintain oil production over the next five years. Each of the three gathering centres will be capable of producing around 100,000 barrels of oil per day together with associated water and gas.
Subramanian Sarma, Managing Director of Petrofac's Onshore Engineering & Construction business, commented: "We have a long track record with KOC which extends over the last 14 years and the award of GC29 represents our tenth project in the country to date. With ongoing projects for both KOC and Kuwait National Petroleum Company and good visibility of the future pipeline, Kuwait is, and will continue to be, of strategic importance to Petrofac's ambitions in the Middle East market."
Sunday, August 17, 2014
Russia, India to Start Construction of Transport / Passenger Airliner
Russia’s Sukhoi Aviation Holding Company (JSC) and its Indian partners plan to embark on the joint construction of multipurpose transport airliner, United Aircraft Corporation’s President Mikhail Pogosyan said Saturday.
“In 2013 we finished the stage of preliminary design. Today we are at the stage of discussing further implementation program and shifting to engineering development,” Pogosyan said.
He added that the final schedule has yet to be defined “based on the talks that will be held between us and our colleagues.”
Sukhoi – is Russia’s major aircraft holding company, employing more than 26,000 people. 100 percent of stock of the Sukhoi Aviation Holding Company (JSC) belongs to the United Aircraft Corporation (JSC). The Company supports a complete cycle of work in aircraft engineering: from front end engineering to comprehensive aftersales support.
“In 2013 we finished the stage of preliminary design. Today we are at the stage of discussing further implementation program and shifting to engineering development,” Pogosyan said.
He added that the final schedule has yet to be defined “based on the talks that will be held between us and our colleagues.”
Sukhoi – is Russia’s major aircraft holding company, employing more than 26,000 people. 100 percent of stock of the Sukhoi Aviation Holding Company (JSC) belongs to the United Aircraft Corporation (JSC). The Company supports a complete cycle of work in aircraft engineering: from front end engineering to comprehensive aftersales support.
Saturday, August 16, 2014
Egypt to build new $4bn Suez Canal.
| Egypt has announced plans to build a new Suez Canal alongside the existing 145-year-old waterway in a bid to boost its economy. The 72km corridor will expand the fastest shipping route between Europe and Asia and enable ships to pass each other as well as cut down on waiting times for vessels from around 11 hours to three. It is part of several mega projects designed to breathe new life into the nation, which include developing the canal ports and industrial zones. In a ceremony broadcast on state television from the canal city of Ismailia, Egypt's president Abdel-Fatteh el-Sisi officially launched the military-led scheme, set to cost $4bn. He said that digging of the new canal will allow ships to travel in both directions for just under half of the canal's 160km length. And although the initial time frame for completion was five years, el-Sisi estimated it could be finished much earlier. Among the bidders for the Suez project, according to local Egyptian media, was a group including state-run Arab Contractors and consultancy firm James Cubitt and Partners. Another included McKinsey & Co management consulting firm. However, overall control will come from the country's military. The current Suez Canal brings in around $5bn of revenues per year, a vital source of hard currency for Egypt which has suffered a slump in tourism and foreign investment since its 2011 uprising. According to reports from the Suez Canal Authority the new canal will boost annual revenues to $13.5bn by 2023. |
Tuesday, August 12, 2014
Essar Projects bags $54 million contract from Saudi Aramco.
"The $54-million EPC project involves the upgradation of a Crude Stabilization Unit at Aramco's Abqaiq Plant, in Shaybah, one of the largest oilfields in the world," the company said in a statement. The scope of work entails engineering, procurement and construction of a crude tank, replacement of crude pumps and associated civil, piping, electrical and instrumentation facilities. The project is scheduled to be completed in 29 months. The Hydrocarbon SBU of Essar Projects, a global engineering, procurement, construction (EPC) contractor, has secured the contract from Saudi Aramco. The company is already executing five other projects in the region in the hydrocarbon sector. |
Deepak Nitrite to set up Rs. 1,200-cr phenol, acetone plant.
The proposed unit would be set up at Dahej in Gujarat. The capacity of the phenol plant would be 2 lakh mpta and that of the co-product acetone 1.20 lakh mpta. The company said the project would be funded with a suitable mix of debt and equity. As various financial options for raising resources were being evaluated, the project could either be set up within the company or as a subsidiary, the filing added. |
Adani plans to sell Australian coal terminal for $2 billion.
The project was transferred to the Adani family in January last year, after analysts raised objections over the high debt burden of India-listed Adani Ports, which had bought the terminal in an all-cash deal. The change in the group's strategy is mainly due to a slowing coal traffic, apart from coal prices falling to $70 a tonne from $120 a tonne three years ago, say bankers. The group has asked bankers in Australia to come up with proposals for sale and other options, say bankers. Private equity firms or infrastructure companies might be interested, they add. |
Monday, August 11, 2014
TOTAL E&P JOB VACANCY
TOTAL E&P JOB VACANCY
To Apply please visit >> http://adf.ly/qzYBb
Fresh Graduate or Early Experienced:
• Logistic Method Engineer
• Operation Planning Engineer
• Pipeline Inspection Engineer
• Corrosion Engineer
Experienced Level:
• Site Inspection Supervisor
• Senior Development Geologist
• Senior Geophysicist
• Senior Petrophysicist
• Technological Risk Management Engineer
• Supervisor Operation Geologist
• Lifting Engineer
To Apply please visit >> http://adf.ly/qzYBb
Fresh Graduate or Early Experienced:
• Logistic Method Engineer
• Operation Planning Engineer
• Pipeline Inspection Engineer
• Corrosion Engineer
Experienced Level:
• Site Inspection Supervisor
• Senior Development Geologist
• Senior Geophysicist
• Senior Petrophysicist
• Technological Risk Management Engineer
• Supervisor Operation Geologist
• Lifting Engineer
WorleyParsons Recruitment 4 positions
To Apply please visit >> http://www.jobinoilandgas.com/?p=388
Currently we are seeking high performance candidates to join for
- Civil/Structural Department Head
- Mechanical / Piping Department Head
- Business Development Officer (Jakarta Based)
- Lead Risk & Safety Engineer
Sunday, August 10, 2014
Kuwait Metro rail project finalizes 61 stations
Works for the much awaited Metro Rail project in the country will start by the year 2017, local Arabic daily reported. According to report, Ministry of Communication has finalized the layout of the 61 stations in the Kuwait metro Project. The Metro will be established in three routes.
The first railroad covering 23.7 kilometers will start from Salwa area and pass through 19 stations to end at the station of Kuwait University. Second railroad covering 21 kilometers will start from Hawally and end at Kuwait city, passing through 27 stations. The third line covering 24 kilometers will start from Kuwait Airport and pass through 15 stations to end at Abdullah Al Mubarak area.
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