Latest news with #Mammoet
CBC
07-05-2025
- Business
- CBC
3-month outage begins at Fort McMurray upgrader as aging coke drums replaced
Oilsands giant Suncor Energy Inc. has begun a three-month outage at one of its upgraders so it can begin to replace enormous components first installed almost six decades ago. The Calgary-based company is in the midst of a multi-year project to replace eight original coke drums dating back to 1967 at its Base Mine site north of Fort McMurray, Alta., with the goal of extending the upgrader's life by 30 years. The drums, weighing 270 tonnes and standing nearly 30 metres, are used in the upgrading process, where tarry oilsands bitumen is converted into a lighter crude that can then be refined into fuel. In a website post last year when one of the drums was being transported from Edmonton to the mine, Suncor said the load took up the entire width of the road, including the shoulder lanes. The outage at the upgrader — one of two at the mine — began on May 1 and is expected to last 91 days. Shelley Powell, the Suncor senior vice-president in charge of major capital projects, says the first major crane lift of equipment was successfully completed over the weekend. The project is using one of the biggest cranes in the world, the Mammoet PTC210DS. "We were really well prepared. We have all of the pre-work done, and that included actually doing some early planning and preparatory lifts," Powell told Suncor's first-quarter conference call Wednesday. "So we practised some of this stuff ahead of time to make sure we had the equipment in the right spot, we had people trained and ready to go, and everybody knew what their role was going to be." Powell added that some of the operators involved in the project have experience doing similar heavy-lifting jobs elsewhere in the world. CEO Rich Kruger said collaboration between different teams is key to pulling off a project of this scale. "We have to be seamless in our execution and our handoffs," he told investors. "We won't declare victory until we're done, but we feel quite good about our level of preparation and planning." Desjardins Securities analyst Chris McCulloch said in a note that much is riding on the coke drum replacement going according to plan. "Maintaining operational momentum will be pivotal for Suncor entering the heaviest stretch of scheduled maintenance this year," he wrote. "In our view, success of the Base Plant and other planned turnarounds will materially impact the company's ability to achieve its 2025 production guidance and (capital expenditure) targets, which we maintain have been conservatively set." Production, earnings for first three months of 2025 Late Tuesday, Suncor said its production for the first three months of 2025 was 853,000 barrels of oil per day, refining throughput was 483,000 barrels per day and refined product sales were 605,000 barrels per day. All three measures set new first-quarter records for the company. Net earnings for the first three months of 2025 were $1.69 billion, up from $1.61 billion during the same 2024 period. That amounted to $1.36 per share versus $1.25 per share. Gross revenues were $13.33 billion, compared to $13.31 billion a year earlier. Adjusted operating earnings, a measure Suncor says provides a better comparison between quarters, were $1.63 billion, down from $1.82 billion, which it says was due to lower crude oil sales. Chief financial officer Kris Smith said Suncor is positioned well to weather a West Texas Intermediate crude price of US$60 per barrel, the level it's been hovering around in recent weeks.
Trade Arabia
06-03-2025
- Business
- Trade Arabia
Mammoet lands SeAH Wind offshore project in UK
Mammoet, a global leader in engineered heavy lifting and transport sectors, said it has along with Glacier Energy, and Hutchinson Engineering, been signed up as key subcontractors by SeAH Wind for its Hornsea 3 Offshore Wind Project in UK. With commercial production set to commence in the coming months, these subcontractors have been selected to support with the operational and logistical services within the 120-acre site located on the South Bank of Teesworks, UK. SeAH Wind will be supplying the monopile foundations for the Hornsea 3 Offshore Wind Project, off the Norfolk Coast in the North Sea. Upon completion, it will become the world's largest offshore wind farm. On the contract award, CEO Chris Sohn said: "At SeAH Wind, we are excited to partner with Mammoet, Glacier Energy, and Hutchinson Engineering for the Hornsea 3 project. These strategic appointments reflect our commitment to delivering market leading XXXL Monopiles." "With these trusted partners, we are confident that we will meet our project goals while upholding the highest standards of quality, safety, and efficiency," he stated. Mammoet has been appointed to provide self-propelled modular transporters (SPMTs) within the SeAH Wind facility. Its scope includes the transportation of can/cone structures and completed monopiles. By leveraging Mammoet's expertise in heavy transport solutions in offshore wind site logistics, SeAH Wind ensures a seamless and efficient movement of monopiles, minimizing downtime and improving overall production efficiency. Darren Watson, the sales manager from Mammoet, said: "We are delighted to be helping SeAH Wind to deliver the future of offshore wind foundations by providing marshalling capabilities that are constantly at the cutting edge of what can be lifted and transported." Glacier Energy will conduct non-destructive testing (NDT) of welds throughout the manufacturing process, ensuring the highest quality standards. Its rigorous NDT inspections will enhance the reliability and durability of the monopiles, ensuring they meet both Ørsted's stringent standards and international offshore wind regulations. Scott Martin, Group CEO at Glacier Energy, said: "We are proud to be supporting SeAH Wind with NDT services for the Hornsea 3 project, marking a significant milestone for Glacier Energy." "This collaboration builds on our strong heritage of supporting wind foundation manufacturers and reinforces our commitment to the northeast of England's growth. We look forward to working with SeAH Wind and playing a pivotal role in the success of the project," he added. Hutchinson Engineering has been tasked with supplying secondary steel components for the Hornsea 3 project. SeAH Wind sought a UK-based company capable of delivering these complex parts in compliance with stringent Ørsted drawings and specifications. Hutchinson Engineering's previous experience on Ørsted projects, combined with its expertise, makes them an ideal partner for this phase of the project. Steve Adams, Managing Director at Hutchinsons Engineering, said: "Hutchinson is delighted to have been awarded the Secondary Steel contract by SeAH Wind."
