Latest news with #EPCI
Yahoo
3 days ago
- Business
- Yahoo
Rejlers signs EPCI contract for CO₂ storage facility in Norway
Rejlers has secured an engineering, procurement, construction and installation (EPCI) contract with energy company Equinor for the Northern Lights carbon dioxide (CO₂) storage project in Øygarden, Norway. The contract involves the installation of a CO₂ quality monitoring system and the integration of filter skids at the facility. This project is seen as a significant step in the development of the world's first open-source infrastructure for CO₂ transport and storage. The award of the new contract follows Rejlers' contributions during the front-end engineering design (FEED) phase, the company said in a statement. Rejlers Norway country manager Ragnar Holtan said: 'This assignment is a testament to the trust we have earned through our work in the FEED phase. We are proud to contribute to one of Europe's most ambitious carbon capture and storage [CCS] projects and to bring our cross-border engineering expertise to the table.' The company is now tasked with the complete EPCI delivery, which encompasses detailed engineering, procurement, subcontractor coordination, and commissioning. The project is a collaborative effort between Rejlers teams in Norway, Sweden, and Finland. The Northern Lights joint venture, a partnership between Equinor, Shell, and TotalEnergies, is part of Norway's CCS initiative, Longship. The project aims to facilitate the safe and permanent storage of carbon dioxide, offering services to companies throughout Europe. Rejlers, an engineering consultancy with a presence in the Nordics and the United Arab Emirates, employs 3,300 individuals. The company is engaged in various sectors, including energy, buildings, infrastructure, and defence. Rejlers Group sustainability director Malin Ljung Eiborn said: 'Northern Lights is a key component in Europe's climate transition. By ensuring high CO₂ quality for storage, we help establish a robust and safe infrastructure for carbon storage, which is essential to achieving climate targets.' "Rejlers signs EPCI contract for CO₂ storage facility in Norway" was originally created and published by World Construction Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Korea Herald
21-05-2025
- Business
- Korea Herald
GATE Energy & HD Hyundai Heavy Industries Enter Strategic MOU for Offshore EPC & Commissioning Collaboration
HOUSTON, May 21, 2025 /PRNewswire/ -- GATE Energy and HD Hyundai Heavy Industries (HHI) have signed a Memorandum of Understanding (MOU) formalizing their intent to collaborate on offshore energy infrastructure projects, marking a strategic alignment between two leaders in engineering, procurement, construction, and commissioning (EPCC). Under the MOU, the two companies will jointly pursue Engineering, Procurement, Construction, and Installation (EPCI) opportunities in the offshore oil and gas sector, targeting global markets. HHI and GATE Energy will work together as strategic partners, leveraging their respective strengths in EPC and commissioning to deliver seamless project execution, with roles defined according to project-specific needs. Mark Myhre, President of Commissioning at GATE Energy, commented, "This MOU represents the next chapter in a strong and growing relationship between GATE and HHI. Our collaboration on the King's Quay and Shenandoah projects demonstrated what's possible when two organizations align in both technical expertise and delivery mindset. We're proud to formalize our intent to pursue future opportunities together, delivering value to clients across the offshore landscape." Jung-Ho, Park, Vice President of HHI, commented: " This MOU represents the next step in an already strong partnership built on mutual respect, technical excellence, and shared success. Through landmark projects like King's Quay, Shenandoah, and the ongoing Project, we have forged a collaborative framework that consistently delivers superior outcomes. Together with GATE Energy, we are committed to advancing the offshore energy sector by providing integrated solutions that enhance predictability and create lasting value for our clients worldwide." The agreement underscores a shared commitment to delivering turnkey solutions that enhance schedule predictability in complex offshore environments. Both organizations bring proven execution experience across floating production systems, with HHI's strength in hull and topside EPC delivery complemented by GATE Energy's commissioning and startup capabilities. Lee Jordan, CEO at GATE Energy, commented, " This agreement further builds on the deep working relationship between HHI and GATE Energy and positions us to jointly and efficiently deliver the next generation of facilities to the offshore energy industry." The MOU provides a general framework for future cooperation and information sharing, with the flexibility to align on specific tenders as opportunities arise. It also includes provisions for joint planning, resource integration, and the potential development of execution models tailored to developer requirements. About GATE Energy GATE Energy is a 100% employee-owned, global project delivery firm, with a mission to improve project certainty in an uncertain world. They help developers successfully deliver projects —from front-end due diligence and owner's engineering through construction management, turnkey commissioning, and initial startup. With a global footprint spanning North America, Asia, and Latin America—and decades of experience delivering both large and small projects—GATE Energy combines the scale of a multinational with the agility of a specialized partner that enables predictable project outcomes and safeguards project investments. For more information on GATE Energy, visit About HD Hyundai Heavy Industries HD Hyundai Heavy Industries (HHI) is a global leader in shipbuilding and EPC with extensive expertise across offshore platforms, FPSOs, FPUs, naval vessels, and large-scale energy infrastructure. Over its 50-year history, HHI has built a strong reputation for delivering complex projects with precision and reliability. Offshore & Energy Business Unit plays a pivotal role in advancing next-generation energy solutions. In addition to its proven capabilities in oil and gas, HHI is expanding its portfolio into eco-friendly energy, including offshore wind power, small modular reactors (SMRs), and carbon capture and storage (CCS) systems. Through these initiatives, HHI supports the global transition toward a low-carbon future.
Yahoo
06-05-2025
- Business
- Yahoo
SLB OneSubsea, Subsea7 awarded EPCI contract for offshore Trinidad and Tobago
SLB and Subsea 7 have secured a substantial engineering, procurement, construction and installation (EPCI) contract from bp for the Ginger project offshore Trinidad and Tobago. This marks the first project award under a global framework agreement between bp and the Subsea Integration Alliance, which includes SLB OneSubsea and Subsea 7. The partnership aims to optimise system-level performance by fostering increased transparency and early engagement. The novel commercial model outlined in the framework is designed to align incentives and drive accelerated value creation for all stakeholders throughout the lifespan of their joint projects. SLB OneSubsea CEO Mads Hjelmeland said: 'When we first entered this long-term, strategic agreement with bp, it was with the intent of strengthening subsea project performance together. We believed that, by combining our skills, knowledge and experience more transparently, we could bring more projects over the line, more cost-effectively. 'Unlocking FID [final investment decision] for Ginger is a significant win for this new way of working together and I am excited for what is ahead, for both Ginger and beyond.' For the Ginger EPCI project, SLB OneSubsea is set to deliver four standardised vertical monobore subsea trees and tubing hangers, with a focus on rapid delivery and installation. Additionally, it will introduce the region's first high-integrity pressure protection system manifold, expected to result in significant safety, efficiency and environmental benefits. Subsea 7 will contribute a diver-installed tie-in system, a flexible production flowline and related infrastructure. The Ginger development is situated off Trinidad's south-east coast in waters reaching depths of up to 90m. Subsea Integration Alliance CEO Olivier Blaringhem said: 'This is an exciting and important project for our novel global framework with bp, which expands our EPCI collaboration to Trinidad and Tobago. Through the capability and agility of our partners Subsea 7 and SLB OneSubsea, we provide key assets and expertise to create value for the long-term and deliver the best possible total cost of ownership on the Ginger project.' In a related development, Subsea 7 has been awarded a contract by Equinor for the Northern Lights phase two project in Norway. Subsea 7's responsibilities will include the EPCI of a 5km CO₂ pipeline, as well as the installation of satellite structures, umbilicals, tie-ins and pre-commissioning activities. "SLB OneSubsea, Subsea7 awarded EPCI contract for offshore Trinidad and Tobago" was originally created and published by Offshore Technology, a GlobalData owned brand.
