Valve World Magazine August 2022 - Sample | Page 68

Project overview

Projects awards , news and updates

What is happening in the world of projects and tenders ? Valve
World presentation a monthly snapshot .
Score Group signs Chevron contract
Score Group has announced the signing of a long-term master contract with Chevron in support of their Upstream and Midstream LNG assets within Western Australia . Graeme Stephen , Score Group ’ s Asia Pacific Business Unit Director , comments : “ We are pleased to have been selected by Chevron to support their valve needs across these prestigious assets within their global portfolio . This recent contract award complements Score Group ’ s growth plans in the LNG sector , both regionally and globally . We are excited about working with Chevron in the delivery of a best-in-class Valve Management program .” The contract will see Score provide valve maintenance services inclusive of engineering , repairs , procurement , maintenance , condition monitoring , turnaround planning and inventory management in accordance with orders placed by Chevron over the contract term . This agreement will be serviced from our Perth and Karratha facilities located in Western Australia .
Delfin signs LNG supply deal with Vitol
Delfin Midstream , the developer of a floating LNG export project in the Gulf of Mexico , has signed a long-term deal to supply liquefied natural gas to a unit of energy trader Vitol . The parent company of Delfin LNG and Avocet LNG announced in July that it had finalized a binding LNG sale and purchase agreement with Vitol Inc ., the Americas-based affiliate of Vitol . In addition to the SPA , Vitol has completed a strategic investment in the company , Delfin said , but it did not reveal more information . Under the SPA , Delfin will supply 0.5 million tonnes per annum on a free on-board ( FOB ) basis at the Delfin Deepwater Port 40 nautical miles off the coast of Louisiana to Vitol for a 15-year period .
The Henry Hub-linked deal is valued at about USD 3 billion in revenue over 15 years , according to Delfin . As a modular project requiring only 2 to 2.5 mtpa of long-term contracts to begin construction , Delfin “ is on schedule to make final investment decision on the first FLNG vessel by the end of this year ,” it said . The firm expects to launch operations in 2026 . Its unit Delfin LNG plans to install up to four self-propelled FLNG vessels that could produce up to 13 mtpa of LNG or 1.7 billion cubic feet per day of natural gas in the Gulf of Mexico .
Worley to deliver UK CCS and storage FEED
Worley has been awarded a development contract as part of a consortium by SSE Thermal and Equinor for one of the UK ’ s first power stations with carbon capture and storage capabilities . As part of a consortium with Mitsubishi Heavy Industries Group and Tecnicas Reunidas , the company was awarded a front-end engineering and design ( FEED ) contract by SSE Thermal and Equinor for a new low-carbon power station in Peterhead , UK . The Peterhead Carbon Capture Project could become one of the UK ’ s first power stations equipped with carbon capture technology . It aims to remove up to 1.5 million tonnes of CO2 emissions annually , approximately 5 % of the UK Government ’ s 2030 target . Located on the same site as the current Peterhead Power Station , the project will gradually replace older , carbon-intensive generation on the electricity system and back up renewable energy with flexible , low-carbon power . Carbon capture units will be integrated into a power turbine with a generating capacity of up to 910 megawatts . The project will not only make a significant contribution to the UK ’ s sustainability targets but provide a boost to local and national economies . It ’ s reported that upon completion , the power station will contribute GBP 50 million to the UK economy annually and support 560 jobs .
68 Valve World August 2022 www . valve-world . net