Pertamina Awards EPCI Contract for Matindok Gas Project
Technip, in a consortium with PT Wijaya Karya (Persero) Tbk (WIKA), was awarded an onshore lumpsum contract by PT Pertamina EP for the Matindok Gas Development project located in Central Sulawesi, Indonesia. The contract covers the engineering, procurement, construction and installation of gas well pads, flowlines, pipelines; a central processing plant (672 million cubic meters per year of gas) with gas treatment facilities such as acid gas removal as well as sulphur removal, and related infrastructure. Sweet gas from Matindok central processing plant will be sent to the Donggi Senoro liquefied natural gas (LNG) plant. Technip’s operating centre in Jakarta…
Alaska Plan To Export North Slope Gasp
Alaska's legislature on Monday approved Governor Sean Parnell's plan to join four energy companies in moving ahead on plans to build infrastructure to transport and market 35 trillion cubic feet of North Slope gas to be shipped by an 800-mile pipeline to a liquefied natural gas (LNG) export plant. The project is valued at between $45 billion and $65 billion for the line and gas treatment facilities. Should it come to fruition, gas could hit local and foreign markets in the mid-2020s, according to the state's projections. Companies are increasingly seeking to ship LNG from growing U.S. gas reserves to Asia and Europe, where demand is surging. Companies have complained about red tape in seeking federal approval for U.S. facilities to export LNG.
Norway's Oil Firms Address Millennium Issues
Oil firms in the final stages of testing for possible millennium disturbances on Norway's offshore oil and gas platforms say they are confident there will no major mishaps at midnight on December 31. Operators say they have tested thousands of components and replaced obsolete systems and controls where potential computer bugs may have lurked. "We cannot guarantee 100 percent but we can say that it is highly unlikely that anything will happen," said Kai Nilsen, spokesman at the state oil firm Statoil. Oil companies, along with the Norwegian Petroleum Directorate (NPD), began Y2K preparations as early as 1997. In the worst case, the NPD feared that a freak chain of computer failures could trigger an explosion.
Schlumberger Acquires KBB, Augments Its Range of Services
Schlumberger Oilfield Services has acquired Kavernen Bau und Betriebs GmbH (KBB) from the Preussag Group. The purchase of the Hanover, Germany-based consulting firm, which has more than 30 years of experience in subsurface gas storage, augments the range of services provided by Schlumberger for the growing worldwide gas business. KBB's primary expertise is in the engineering, construction and project management of facilities for the underground storage of natural gas in salt domes, aquifer structures and depleted oil and gas reservoirs, including the associated salt leaching, gas compression and gas treatment facilities on the surface.
Statoil and Petropars Sign Agreement
seven and eight of the South Pars gas development project in the Persian Gulf. This agreement reflects Statoil's strategy to expand its international upstream activities. Arabia, and in Iran. Middle East. This new activity is in line with Norwegian foreign policy, which encourages increased trade relations with Iran. Work is due to take place over the next four years, and Statoil's capital commitment over that period will amount to $300 million. The agreement will take effect before 10 November, when Statoil takes over the operatorship. produced over a four-year period from the start of production - which will be in late 2004 under current plans. Statoil regards this as an attractive and robust project. plant. exported to other Iranian oil fields for injection as pressure support.
