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Technip Energies gets $100mn investment

Technip Energies gets $100mn investment
Apr 1, 2021 1:20:pm
Summary
by: Joe Murphy
Posted in:
Technip Energies gets $100mn investment
Bpifrance, a long time investor in French engineering group TechnipFMC, has agreed to invest $100mn in its newly spun-off division Technip Energies.
The investment bank has acquired 82.3mn of shares in Technip Energies from TechnipFMC, the latter company said on April 1. This is in addition to the shares the bank automatically received when the business was separated in February. TechnipFMC has retained services and technologies, while Technip Energies handles engineering and construction.
Bpifrance has been a shareholder in TechnipFMC since 2009. The bank previously provided $200mn in funding in return for shares in Technip Energies, but TechnipFMC has agreed to refund $100mn after the bank revised its plans. TechnipFMC is looking to significant reduce its shareholding in Technip Energies over the next 18 months. ....

Technip Energies , Bpi France , Investment Bank , பிபி பிரான்ஸ் , முதலீடு வங்கி ,

Qatar takes the plunge [NGW Magazine]

Qatar takes the plunge [NGW Magazine]
Mar 8, 2021 9:45:am
Summary
Qatar could go ahead with the expansion of its LNG complex alone, but there are companies out there looking to boost their LNG supplies. [NGW Magazine Volume 6, Issue 5]
by: Joseph Murphy
Qatar Petroleum (QP) is looking to cement its lead in global LNG supply for decades to come, after formally sanctioning a $29bn expansion of its liquefaction capacity in February.
Following a year in which the global LNG industry was marred by project deferrals and cargo cancellations, QP announced a final investment decision (FID) on February 8 on North Field East (NFE), which will raise its production capacity from 77mn metric tons/year at present to 110mn mt/yr. First gas is scheduled for late 2025 and full capacity should be reached within two years. ....

Wood Mackenzie , Qatar Petroleum , North Field East , Liquefaction Technology , East Africa , Patrick Pouyanne , Chiyoda Corp , Middle East , North Africa , Saad Sheriba Al Kaabi , Giles Farrer , Onsite Gas Fired Generators , Greenhouse Gas Emissions , Retail Energy Supply , Dxt Commodities , United States , Pavilion Energy , Total Ceo , Electricity Needs , Jetty Boil Off Gas Recovery System , Research Director , Gas Value Chain , Claudio Descalzi , Air Products , Technip Energies , மரம் மெக்கன்சி ,

Qatar Awards $2bn LNG Storage Deal to Samsung

Qatar Awards $2bn LNG Storage Deal to Samsung
Mar 1, 2021 12:15:pm
Summary
by: Joe Murphy
Posted in:
Qatar Awards $2bn LNG Storage Deal to Samsung
Qatar Petroleum (QP) has awarded a engineering, procurement and construction (EPC) contract worth over $2bn to South Korea s Samsung C&T to expand LNG storage and offloading facilities in the Qatari city of Ras Laffan as part of the North Field East (NFE) project.
The contract was signed on March 1 by QP CEO and Qatari energy minister Saad Sherida Al-Kaabi and Samsung C&T CEO Oh Se-chul, QP said in a statement. Its scope includes three LNG tanks and options for two more; three LNG loading berths and potentially a fourth; and the associated pipes, lines and loading lines. ....

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UTEC wins survey work for project offshore Mozambique

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UTEC, a global surveying company and part of marine energy and infrastructure services group Acteon, has been awarded survey work by TechnipFMC plc to support the development of Coral-Sul FLNG (floating liquefied natural gas) project, the world’s first in ultra-deepwater.
The Coral-Sul FLNG, which is approximately 50 km from the Mozambique coast, will operate in 2000 m of water in Coral field, which is in the southern part of Area 4 in the Rovuma basin. Eni is the operator of the Coral South Project on behalf of the Area 4 Partners.
The work includes pre-lay surveys; long baseline array installation and calibration; survey and positioning support; support for the installation of manifold foundation piles, manifolds, tether piles, flexible lines, umbilicals, wellhead jumpers and flying leads; pre-commissioning operations surveys; and riser hook-up and as-built surveys. ....

Ross Leitch , Coral South Project , General Manager , World Pipelines , Deep Water , ரோஸ் லீச் , பவளம் தெற்கு ப்ராஜெக்ட் , ஜநரல் மேலாளர் , உலகம் குழாய்வழிகள் , ஆழமான தண்ணீர் ,

French TechnipFMC Completes Split

French TechnipFMC Completes Split
Summary
by: Joe Murphy
London-listed engineering group TechnipFMC announced on February 16 it had completed the separation of its engineering and construction activities from its services and technology business.
Techni.
Posted in: ....

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