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Baker Hughes awarded contract for Plaquemines LNG project
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Baker Hughes manufactures, tests, and transports the pre-assembled and fully integrated modular turbomachinery units for Venture Global LNG at its manufacturing and assembly facilities in Italy. As part of the scope, Baker Hughes will also provide field services to assist in commissioning of the supplied equipment. The order builds on an award from 4Q21 for Baker Hughes to provide power generation and electrical distribution equipment for the comprehensive power island system of Venture Global LNG’s Plaquemines LNG project.
Baker Hughes has been awarded a contract and granted notice to proceed by Venture Global LNG to provide an LNG system for the first phase of the Plaquemines LNG project in Louisiana, US. The highly-efficient liquefaction train system (LTS) supplied by Baker Hughes is modularised, helping to lower construction and operational costs with a ‘plug and play’ approach that enables faster installation.
“We are delighted to continue our strong collaboration with Venture Global LNG. The Plaquemines LNG project is another great example of our extensive experience with modular LNG to provide fully integrated compression and power solutions,” said Rod Christie, Executive Vice President of Turbomachinery & Process Solutions at Baker Hughes. “As an energy technology company, Baker Hughes’ role is to provide the most efficient and lower carbon technology solutions to meet our customers specific needs, and LNG is a critical part of the energy future. We see a new LNG cycle emerging and expect demand will remain robust in the coming years.”
Saipem, awarded an offshore drilling contract by Aker BP worth 325 million USD enhanced mooring capabilities. Scarabeo 8 meets the highest standards of the most stringent rules and regulations, and it has proven track records in working with most recognised Oil Companies in the challenging North Sea environment, from West Norway to the Barents Sea.
Saipem has been awarded a contract by Aker BP for a drilling campaign offshore Norway. The operations are expected to start from the end of Q4 2022, upon termination of the works in which Scarabeo 8 is currently engaged. Scarabeo 8 is a Saipem semisubmersible drilling rig able to work in harsh environments. It is a dual derrick deep water unit with a dynamic positioning system and with
www.ogv.energy I April 2022
The contract duration is three years for an approximate value of 325 million dollars. The contract also includes the option of two oneyear extensions and encompasses potential upsides among which a performance bonus scheme and a mechanism of rate adjustment to market rates from the third year onward. Saipem previously worked successfully with Aker BP in 2018. This new long-term contract further consolidates the collaboration with the Norwegian company, also including the use of innovative solutions to deliver increasingly efficient, safe and environmentally focused operations.
Petrofac secures North Sea contract extension with Spirit Energy Petrofac, a leading international service provider to the energy industry, has been awarded a two-year Operations and Late Life Asset Support contract extension with Spirit Energy, building on its decade-long relationship with the Operator. The contract includes the provision of Operations and Maintenance support for Spirit Energy’s York platform in the Southern North Sea, and Engineering, Project, and Consultancy services for all of the Operator’s North Sea assets. Petrofac has supported Spirit Energy’s assets since 2012. From 2018 to 2019, it took part in preparation work for the decommissioning of the Operator’s Audrey and Ensign platforms. Nick Shorten, Chief Operating Officer for Petrofac’s Asset Solutions business, said: “The renewal of this key contract is demonstrative of the successful working relationship our respective teams have developed over the past ten years and the value Petrofac has been able to add in the late life operations phase. Our support of Spirit’s recent life extension project on York, which has increased production by three to four years, is a great example of this. We look forward to continuing in this vein.”
Subsea 7 awarded substantial contract Subsea 7 announced today the award of a substantial contract that will be recorded in the backlog of our Subsea and Conventional business unit in the first quarter of 2022. The award, made to a consortium including Subsea 7, comprises engineering, procurement, construction, and installation (EPCI) of offshore facilities, subsea pipelines, and associated infrastructure. Project management and engineering will commence immediately, and offshore activities are scheduled to commence in Q3 2024. No further details are disclosed at this time due to contractual obligations.
