Oil and gas company announcements: 11 December

Alfa Laval

Alfa Laval has won an order to supply heat exchangers to an oil production facility in the US. The order is booked in the Energy & Process segment and has a value of approximately SEK 55 million. Delivery is scheduled for 2015. The order comprises heat exchangers for cooling carbon dioxide in an enhanced oil recovery process (EOR).

CB&I

CB&I has announced that it has been awarded a contract renewal valued at approximately US$ 80 million by a leading producer of high performance specialty materials products for long term maintenance, operations, engineering and other industrial services. This is across multiple facilities throughout the US.

Chevron

Chevron Corporation has announced that Alexander B. Cummings Jr. has been elected to Chevron’s board of directors, and he will serve on the company’s Audit Committee.

Kinder Morgan

Kinder Morgan, Inc. has announced that Kinder Morgan Texas Pipeline, Kinder Morgan Tejas Pipeline and Tennessee Gas Pipeline Company (TGP) have entered into a 15 year firm transportation agreement and a multi year storage agreement with Cheniere Energy, Inc. through its subsidiary, Corpus Christi Liquefaction, LLC. Under the agreements, KMI will provide 550 000 Dth/d of firm natural gas transportation service, as well as 3 billion ft3 of natural gas storage capacity to serve the LNG export facility being developed near Corpus Christi.

REG

Renewable Energy Group, Inc. and IC Green Energy Ltd (ICG) has announced that REG, through a wholly owned subsidiary, will acquire ICG’s majority equity ownership position in German biodiesel producer Petrotec AG. Closing of the transaction is expected before the end of this year.

SNC-Lavalin

SNC-Lavalin has announced that Qatar Kentz, a member of the SNC-Lavalin Group, has been awarded a four year multi million dollar call off contract, with a possible two year extension, by Qatar Shell for its Pearl GTL onshore and offshore facilities in Qatar. As EPCM and construction contractor for offshore and onshore Pearl GTL facilities, Kentz will manage the EPCM work for all services related to plant changes, as well as minor, base and medium projects. This will include project management, engineering and specialist studies, procurement and logistics, construction and commissioning management, and the execution of construction works.

Located in Ras Laffan Industrial City, Pearl GTL is the world’s largest source of GTL products, capable of producing 140 000 bpd of GTL products. The plant also producers 120 000 bpd of NGLs and ethane. The new phase of the project will allow Qatar Shell to continue to enhance local development.

Venture Global

Venture Global LNG has announced that it is developing a LNG export facility, the Calcasieu Pass Project, in southwestern Louisiana, which will bring hundreds of jobs to the local community. The project, south of the city of Lake Charles, will be built, operated and manufactured in Louisiana, and will create 1500 construction jobs, 326 indirect jobs and 100 permanent jobs for the community.

The export facility will be 203 acres along the Calcasieu Ship Channel where it meets the Gulf of Mexico. The plant that will operate with a midscale, modular technology to capitalise on low cost natural gas production under the direction of a top management team, including energy, engineering and financial exports.

Edited from various press releases by Claira Lloyd

Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/11122014/oil-gas-company-announcements-11-dec/