A series of oil and gas (O&G) projects that could create substantial project logistics opportunities came into focus this week, with deals announced by Abu Dhabi National Oil Company, Equinor and TC Energy.
Petrofac Emirates has been awarded two contracts worth roughly USD1.65 bn by Abu Dhabi National Oil Company (ADNOC) in the UAE. The engineering, procurement, construction, transportation, offshore installation and commissioning contracts are for ADNOC’s Dalma gas development project.The work scope encompasses offshore packages at Arzanah Island and the surrounding offshore fields, located approximately 140 km off the northwestern coast of Abu Dhabi.
Equinor picked Subsea 7 and Schlumberger’s OneSubsea to carry out the FEED study for its Bacalhau project, offshore Brazil. The field is located 185 km off the state of São Paulo. Equinor hopes to make a final investment decision (FID) on the project in late 2020.
The deal includes an option for the execution phase under a lump-sum turnkey arrangement that includes EPCI for the entire SURF and SPS scope.
O&G pipeline award
In Canada, TC Energy approved two pipeline expansion projects with a combined value of UD1.3 bn.
The USD900 mn 2023 NGTL Intra-Basin System Expansion will deliver natural gas from the Western Canadian Sedimentary Basin to markets within Alberta on the NOVA Gas Transmission system.
The USD300 mn Alberta XPress project will expand the ANR pipeline to provide a path for Canadian resources to access growing LNG export regions and other markets along the US Gulf Coast.
These news item were first published in the February 21 Capital Projects & Contracts e-newsletter. To learn more about a subscription to the online publication, please click here.