21 NPCC
Abu Dhabi-based National Petroleum Construction Company has continued its surge up the league tables, raking in its best performance at number 3 in 2013. The company, which has built its impressive track record and pedigree largely working on the ADNOC Group of Companies major engineering challenges, has had another excellent year as Abu Dhabi keeps its foot on the gas in the contracts awarded department.
In July 2012 NPCC and French group Technip were jointly awarded an $817 million contract to build offshore facilities at an oil field in Abu Dhabi for ZADCO. The consortium was awarded a lump sum engineering, procurement, fabrication, installation, commissioning and start-up contract for the Upper Zakum 750K Project in Abu Dhabi, United Arab Emirates.
The field is located in the Gulf, 84km offshore Abu Dhabi. It is divided into four production artificial islands (Central, North, South, and West), with processing facilities at the Central Complex.
The scope of work covers 240 kilometers of subsea pipelines and 128 kilometres of subsea composite and fiber-optic cables. Almost 30,000 tonnes of offshore structures (jackets, riser platforms, flare towers and bridges), including approximately 3000 tons of islands modules and bridges are included in the project sum.
In June 2013 it was announced that Abu Dhabi Marine Operating Company (ADMA-OPCO) awarded NPCC a $766 million EPC contract for the Umm Lulu field development project.
Under the terms of the deal, NPCC will undertake the construction and installation of six new well-head towers along with a riser platform topside, 90km of infield pipelines, 125km of oil lines, fibre optic cables and brownfield modifications on two of the existing wellhead towers.
The latest signing follows the recent awarding of two other EPC contracts collectively valued at $2.4 billion: the SARB Full Field Development Project with South Korea’s Hyundai Engineering & Construction Company (HDEC) and Petrofac International, Abu Dhabi.
The full field development of Umm Al-Lulu and SARB oil and gas fields should contribute to an incremental production increase of 200,000 bpd.
Last year NPCC announced $500m worth of capital investment to upgrade its offshore marine fleet, increasing yard capacity and generally expanding its engineering capabilities.
“This covers upgrading our offshore marine fleet, increasing yards capacity, augmenting equipment facilities, and in addition, expanding our engineering capabilities,” said CEO Aqeel Madhi.
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22 Fluor
Building on its successful and important role in Abu Dhabi’s massive Shah sour gas development project, Fluor Corporation announced in March this year it has been awarded a front-end engineering and design (FEED) contract by Qatar Petroleum (QP) and Shell Global Solutions for a proposed $6.4 billion grassroots petrochemical project located in Ras Laffan Industrial City, Qatar.
Throughout 2012 Fluor’s Offshore Solutions unit was working on a FEED contract ADMA-OPCO for new offshore facilities located at the Nasr Field, approximately 30km northeast of Umm Shaif Super Complex in Abu Dhabi.
Fluor’s results for its fiscal year ended December 31, 2012 saw profits hit $456 million. $12.6 billion of new orders were attributed to Oil & Gas and $9.5 billion in Industrial & Infrastructure. Fluor’s Oil & Gas unit reported a 21% increase in segment profit to $335 million in 2012, from $276 million in 2011. Revenue rose by 19% to $9.5 billion in 2012.
The segment’s strong financial performance reflects increasing new awards and progress on existing backlog projects.
Full year new awards in 2012 totaled $12.6 billion, which represents a 51% increase from $8.3 billion in 2011. 2013 look sto have been an equally impressive year.
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23 Hyundai Heavy
Best known for its marine and shipbuilding work, Hyundai Heavy has sailed up our list this year thanks to a massive delivery for ADNOC’s offshore arm, ADMA OPCO, and continuing work on Qatar’s huge Barzan Gas Project. Last summer the first of three shipments of the Integrated Gas Development (IGD) Project modules arrived in Abu Dhabi’s Das Island. Three further shipments left the South Korean port of Ulsan arriving late summer. HHI’s element of the IGD project is thought to be in the region of $1 billion.
Hynudai Heavy Industries is also working through its $900 million slice of Qatar’s massive Barzan Gas project. This is scheduled for completion in 2014.
HHI has also managed to keep its hand in major KSA projects over the last year too. In October 2012 HHI won a $3.2 billion order to build Jeddah South Thermal Power Plant from Saudi Electricity Company (SEC) in Saudi Arabia.
Scheduled for completion in 2017, the power plant will produce 5% of Saudi Arabia’s entire power generation capacity.
The South Korea-based company has completed or is building power and desalination projects worth $10 billion in the Middle East.
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24 Saipem
Offshore specialists Saipem have continued to win big new orders despite Algerian operational issues hitting earnings to the tune of half a billion dollars. Outside of the deteriorating relationship with Sonatrach in Algeria, Saipem was able to announce in May that it has already exceeded 50% of its new contract acquisition target for 2013 in the Engineering & Construction (E&C) Business Unit.
The total value of new contracts acquired from January 2013 to date in the E&C Business Unit is approximately $7.93 billion, and supports the likelihood of achieving a full-year order of approximately $14.3 billion.
CEO Umberto Vergine said: “The E&C contracts acquired since January imply margins that so far represent an improvement of at least 40% compared with those that were acquired in 2012”.
In March last year Saipem won new E&C Offshore contracts in North and West Africa for a total value $1.1 billion, including a contract with Burullus Gas Company in Egypt.
These new orders build on the Kingdom of Saudi Arabia’s giant Al Wasit project, due for completion next year, which brings Saipem’s work in KSA currently under execution to around $2.2 billion.
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25 KBR
Despite a lacklustre set of global corporate results in 2012, KBR managed an impressive regional performance, indeed, generating much if its global good news from the Middle East.
2013 began well for the American firm in the region too. Highlights include its first major seven-year contract to provide refinery maintenance services for the Saudi Aramco Total Refining and Petrochemical Company (SATORP) at a new 400,000 bpd refinery in Jubail. The contract value is approximately $165 million.
“This is a milestone project for KBR as it represents a major step forward for our Services Business Group, taking on its first long-term maintenance contract in Saudi Arabia and significantly expanding its international footprint,” said Ivor Harrington, Group President, KBR Services.
In December 2012 KBR was awarded the Mansuriya Full Field Development contract to perform front end engineering and design studies and Quality Control Support Services (QCSS) for the Turkish Petroleum Overseas Company in Diyala Province, Republic of Iraq.
In November KBR was awarded a contract to execute the FEED for an Integrated Gasification Combined Cycle (IGCC) project near Jazan Economic City, Saudi Arabia. The IGCC complex will provide electricity for a local refinery and export 2.4 GW of electricity to Jazan City.
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26 Marlink
Marlink provides the most extensive communications network coverage for the oil and gas industry on the market. With the introduction of 60cm and 80 cm antennas in addition to the 1m antenna (+ Sealink with 1.5 and 3m antennas), the company has developed unrivalled levels of communications expertise and experience over the MENA region.
The company recently introduced a new standardised VSAT (Very Small Aperture Terminal) offering with entry and premium levels. Entry level is based on volume consumption where customers opt for what they need (5, 10, 20 and 30 GB) and the premium level based on more business critical operations where data consumption is limited and the service comes with higher quality and support.
Marlink was recently acquired by Astrium Services, giving it long term stability and access to even wider markets, expanding its leading position across maritime satellite communications with increased access to both terrestrial and maritime infrastructure.
With its own dedicated teleports around the world, can by relied on to directly tackle any challenges in the advent of even the most extreme service issues.
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27 Mott MacDonald
Mott MacDonald’s Zakum Water Injection Upgrade project was full of complexity and innovation.
The project involved the fabrication of various units and some very innovative installation methods and budgetary compliance. The Zakum project will raise the operating company’s output by over 100,000 barrels per day.
The company has also won FEED contracts for the $500 million EOR package, main construction at Abu Dhabi’s Satah field development project, as well as the MPMC for water facilities at the field, with the project due for completion this year. Mott Mac is also working on the direct depressurisation works at Habshan, a $100 million Das Island separation plant and overseeing EPC works at Takreer.
Mott MacDonald has also designed the first ever LEED certified Green oil and gas building in India and has been working on other industry firsts such as the Qarn Alam full field enhanced oil recovery project in the Sultinate of Oman.
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28 Nymphea
Nymphea Environnement has launched its Remote Survey Vehicle (RSV) into the Middle East market. The RSV, a remote-controlled floating platform that conducts oceanography surveys and can assists in the detection and management of marine pollution.
The lightweight craft can support different air and underwater sensors and equipment for surveillance and measurement operations. This includes position sensors, sonar devices, communication systems and an autopilot with an anti-collision system.
The equipment can be packed and checked into a commercial flight, making the technology very accessible and can be deployed within 20 minutes. The RSV, which is electrically propelled, can operate for up to 12 hours depending on the equipment attached to it. The vessel can provide real-time data to an onshore or offshore centre.
With over 90% of the materials used in its construction being recyclable, the RSV is a simple, affordable and non-polluting technology which can be used to map and provide surveillance of shallow waters typically inaccessible by larger vessels.
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29 Peak Well Systems
Peak Well Systems has released a new addition to its proprietary SIM System range for well remediation and flow control. The SIM FloWellTM is a slickline-set remedial technology capable of removing formation damage within selected downhole zones to greatly improve well productivity.
The SIM FloWell is designed to improve well productivity by being able to remove certain types of formation damage (e.g. crushed zones in perforation tunnels, tenacious filter cakes and scales) in both oil and gas wells that are wireline-perforated.
The condition of the near-wellbore region is critical to the production of hydrocarbons, and the perforating process is one major contributor to skin damage.
The severe compressive force of perforating can reduce the permeability of the surrounding rock, which in turn reduces productivity.
Like the rest of the products within the SIM System range, SIM FloWell is run, set and retrieved on slickline. Used in conjunction with Peak’s SIM Plug Systems to provide selective isolation of the zone to be treated, SIM FloWell induces a sudden pressure drawdown in a wellbore, and hence causes a surge of fluid inflow from the reservoir.
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30 ExxonMob
ExxonMobil Lubricants & Specialties’s Mobil DTE 932 GT, is a scientifically engineered gas turbine oil that can help oil and gas operators to increase productivity by reducing unscheduled downtime and supporting their safety and environmental care objectives.
Engineered to enhance the performance of frame size combustion gas turbines with a common hydraulic and bearing oil reservoir, Mobil DTE 932 GT can help provide trouble-free service in gas turbines, which is crucial given the oil and gas industry’s reliance on turbine reliability.
Gas turbines play a fundamental role in liquefied natural gas (LNG) production, with many LNG plants using gas turbines to drive compressors that cool and liquefy gas for transportation. Keeping gas turbines running effectively is key to maximising plant productivity and reducing unscheduled downtime.
