Tag: Contract

India’s Megha Engineering and Infrastructures Limited (MEIL) has won a $225.5 million contract from the Kuwait Oil Company (KOC) for setting up a new gas sweetening and sulphur recovery facility at West Kuwait oilfields. The project, to be developed on a build-own-operate basis with a buyback option for KOC, includes design, construction, operation and maintenance. It will be completed in two years, followed by a five-year operation and maintenance phase.

NextChem subsidiary MyRechemical has been awarded an engineering study contract by Altalto Ltd. for a sustainable aviation fuel (SAF) plant in Immingham, Lincolnshire, based on its proprietary NX CircularTM gasification and NX CPOTM technologies. Altalto is a company set up by Velocys to develop SAF projects in the UK. The plant is expected to be operational in 2030. Initial targets include the production of 23,000 t/a of SAF for the UK market. Feedstock will be sourced from residual municipal solid waste (MSW) and commercial and industrial waste. The project has been awarded a grant from the UK Department for Transport’s Advanced Fuels Fund to progress basic engineering design. MyRechemical will operate as a technology provider and as coordinator for other technological partners. It will also supply engineering services.

ATOME says that it has signed a definitive offtake agreement with Yara for the purchase of the entire 260,000 t/a output of the low-carbon Villeta project. The plant will be based on 100% renewable baseload power, and will displace some 500,000 t/a of carbon dioxide equivalent. ATOME says that the agreement represents the last commercial milestone in its path to a final investment decision (FID), following the successful completion of other key commercial items, including the signing of the $465 million fixed-price, lump-sum engineering, procurement and construction contract with Casale.

Marimaca Copper Corp. says that it has recently executed a binding asset purchase option agreement to acquire a used sulphuric acid plant in Chile from CEMIN Holding Minero. Sulphuric acid is one of the key input costs for the Marimaca Oxide Deposit, and the ability to produce a significant amount of its own supply will reduce exposure to a volatile acid market. The agreement has an exclusivity period of three months to allow further detailed technical and engineering reviews including capital and operating cost estimates for the installation and operation of the 150,000 t/a sulphuric acid plant, whose output would represent approximately 30-40% of total acid consumption at the Marimaca Oxide Deposit, depending on the phase of development. Marimaca says that, based on market research and quotations received, the estimated equipment cost of a new sulphuric acid plant of similar capacity is approximately $35-40 million, with a total installation cost of $50-60 million. The cost of breaking down and relocating the plant to the site at Mejillones and the start-up costs of the used plant are expected to be materially lower than cost of new equipment. Indicative operating costs show the potential for an approximately 30% reduction in acid cost relative to current long-term forecast and normal historical spot and contract acid prices delivered to Mejillones.

A formal signing ceremony has been held between senior company executives from KMG PetroChem, Tecnimont and the Kazakh government for the construction of the new Tengiz Gas Separation Complex (GSC) project. The ceremony was held at KMG PetroChem headquarters, in the Atyrau region of Kazakhstan. The Tengiz GSC project’s scope of work includes engineering, procurement, construction and commissioning works, with Tecnimont mainly responsible for the EPC works. Completion is expected by the first quarter of 2029. Once completed, the gas processed by the GSC will feed the Silleno petrochemical plant, another project currently being executed by Tecnimont in the region. The GSC is designed to recover at least 98% of ethane from dry gas, while the Silleno complex is expected to deliver high-quality petrochemical products. KMG PetroChem is a fully owned subsidiary of Kazakhstan’s national oil and gas company KazMunayGas.

Transition Industries LLC has signed a heads of agreement with Italian contractor Bonatti SpA to deliver key infrastructure for the Pacifico Mexinol green methanol project in Sinaloa. Under the agreement, which includes a fixed lump-sum price, Bonatti will handle detailed engineering, procurement, construction, pre-commissioning, commissioning and startup for upgrades to the Terminal Transoceánica de Topolobampo port facilities. The work will cover methanol loading operations for export, underground transfer pipelines, vapor recovery systems, and dual fiber optic cables linking the main plant to the port. Bonatti may also build a closed-loop water pipeline to recycle municipal wastewater for plant operations, avoiding freshwater use and reducing environmental impact.

thyssenkrupp nucera says that it has successfully completed the acquisition of key technology assets from Danish company Green Hydrogen Systems (GHS), as announced in June. The transaction was finalised following receipt of all necessary regulatory approvals and the consent of the court-appointed insolvency administrator. The asset deal includes intellectual property as well as a test facility with a full-size prototype in Skive, Denmark.

KBR says that it has been awarded a front-end engineering design (FEED) contract for the development of an ammonia and urea production plant by KAR Electrical Power Production Trading FZE (KEPPT) in Basra, Iraq. Under the terms of the contract, KBR will provide FEED for a proposed 2,300 t/d ammonia production facility and 3,850 t/d urea unit. The design will be executed using KBR’s proprietary ammonia technology.

Saudi power group ACWA Power has awarded a front-end engineering design (FEED) contract to a consortium of Spanish engineering firm Tecnicas Reunidas and Sinopec Guangzhou Engineering for the development of a large green hydrogen and ammonia project in Yanbu. The project would include 4 GW of electrolysis capacity, enabling the production of 400,000 t/a of green hydrogen, which will then be converted into green ammonia for export. The plant’s scope also includes water desalination infrastructure and an export terminal to support global distribution, though renewable generation assets are excluded from the current design phase.

KBR been awarded a front-end engineering design (FEED) contract by Iraq's KAR Electrical Power Production Trading (KEPPT).