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 Oil & Gas Careers V12 - Upstream & Downstream, Market still slump, slow, snail pace...

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contestchris
post Sep 18 2022, 11:52 AM

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Looks like Malaysian FPSO players are on a roll in the Angola scene. 2 recent contract wins for Yinson (BP and Eni), and now a win for Bumi Armada (TotalEnergies).

Anybody have further information on this project? Where is the team responsible to develop this project coming from? Any involvement of Shapoorji O&G in this?

Also, are FPSO contracts of these nature common, where the contract is just an EPC contract, rather than a lease contract? As I understand it, Bumi Armada will just design and build the FPSO, and then hand it over to TotalEnergies for ownership and operation. This is unlike all their previous FPSOs, where they design, build, own and operate the vessels.

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https://www.upstreamonline.com/exclusive/fr...ola/2-1-1297568

Front runner emerges to supply FPSO for TotalEnergies offshore Angola

TotalEnergies has chosen its preferred contractor to provide a floating production, storage and offloading vessel for the Cameia-Golfinho project offshore Angola, which will be the first development in the Kwanza basin.

The French supermajor’s decision came just weeks after Eni and BP — which subsequently joined forces in Angola to form the Azule Energy joint venture — chose Yinson to supply FPSOs for the Agogo and Palas- Astrea-Juno (PAJ) projects, marking a much-needed resurgence in upstream activity in the country after years of falling investments.

Between them, the Cameia-Golfinho, Agogo and PAJ developments could boost Angolan production by more than 300,000 barrels per day — welcome news for a nation that in July became Sub-Saharan Africa’s biggest oil producer, surpassing Nigeria and averaging 1.177 million bpd.

Contracting sources in Asia and Europe told Upstream that Malaysian offshore contractor Bumi Armada is leading the race to land the deal for provision of an FPSO with production capacity of 100,000 bpd.

Bumi completed the front-end engineering and design work for the floater late last year and its commercial proposal is very competitive, sources said.

Some project watchers suggested TotalEnergies signed a letter of intent with the Kuala Lumpur-based FPSO player early this week, but this could not be confirmed.

“The LoI was scheduled for signing Monday, though it is not sure the signing ceremony took place,” said one source.

Another contact familiar with the tender process said: “I know they (Bumi) are leading and going ahead.”

Kuala Lumpur sources claimed Bumi has a conditional letter of award for Cameia FPSO.

Upstream understands there are expected to be several months of pre-engineering work on the FPSO before a formal award is made by February 2023.

The contract up for grabs is said cover engineering, procurement and construction, with TotalEnergies owning the vessel after delivery.

Saipem working with MISC was said to be other remaining bidder in the race, with the Malaysian rumour-mill suggesting MISC had high hopes for this job — especially with Saipem on board.

Also jostling for the prestigious job have been Technip Energies of France working with Malaysia’s Yinson.

Upstream understands the Technip Energies-Yinson group may have withdrawn from the bid process due to commitments elsewhere, not least on the two other Angolan schemes.
abgkik
post Oct 4 2022, 02:16 AM

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QUOTE(contestchris @ Sep 18 2022, 11:52 AM)
Looks like Malaysian FPSO players are on a roll in the Angola scene. 2 recent contract wins for Yinson (BP and Eni), and now a win for Bumi Armada (TotalEnergies).

Anybody have further information on this project? Where is the team responsible to develop this project coming from? Any involvement of Shapoorji O&G in this?

Also, are FPSO contracts of these nature common, where the contract is just an EPC contract, rather than a lease contract? As I understand it, Bumi Armada will just design and build the FPSO, and then hand it over to TotalEnergies for ownership and operation. This is unlike all their previous FPSOs, where they design, build, own and operate the vessels.


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Bumi key engineer still in the office. They just need to re-assemble the team. smile.gif

For this project, I believe Shapoorji will involve in sharing project manpower as there is no project in their hand currently..


Stamp
post Oct 14 2022, 11:53 AM

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It’s been quiet in here guys.

No more updates on the oil&gas industry?
gulagulahacks
post Oct 18 2022, 09:40 PM

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Anyone can share what is thw salary range for engineer roles with 8 years experiences in Singapore? Thanks.
TSmohdyakup
post Nov 2 2022, 05:15 PM

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Bersawang sudah bebenang ini mungkinkah industry minyak dan gas adalah sunset

Btw bump

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christ14
post Nov 7 2022, 08:49 PM

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QUOTE(mohdyakup @ Nov 2 2022, 05:15 PM)
Bersawang sudah bebenang ini mungkinkah industry minyak dan gas adalah sunset

Btw bump

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whats the requirement like? need experience or they develop?

looking in ptthep or bsp or similar but they dont seem to post vacancy that much or i assume its more cable thing lol

and its been quiet here
contestchris
post Nov 8 2022, 11:47 PM

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Bumi Armada latest fpso with SP is sailing off
TSmohdyakup
post Nov 29 2022, 04:19 AM

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ZLNG brows.gif
HP Computer
post Nov 30 2022, 08:20 AM

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QUOTE(mohdyakup @ Nov 29 2022, 05:19 AM)
ZLNG brows.gif
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who would be winner?
contestchris
post Nov 30 2022, 12:10 PM

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MMHE won a large RM4.5bil contract from Petronas to build the world's largest offshore CCS facility.

How do you guys view this contract win?

I'm a bit surprised as I wasn't sure they have the right expertise internally.
Stamp
post Nov 30 2022, 12:52 PM

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QUOTE(contestchris @ Nov 30 2022, 12:10 PM)
MMHE won a large RM4.5bil contract from Petronas to build the world's largest offshore CCS facility.

How do you guys view this contract win?

I'm a bit surprised as I wasn't sure they have the right expertise internally.
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The CCS facility is a typical processing platform. MMHE scope is fabrication of the platform. Its engineering partner RWorley will carry out detailed design of the platform. Why the need to second guess MMHE capabilities to build the platform? It’s now fabricating Kasawari main CPP and is progressing well.
contestchris
post Nov 30 2022, 02:07 PM

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QUOTE(Stamp @ Nov 30 2022, 12:52 PM)
The CCS facility is a typical processing platform. MMHE scope is fabrication of the platform. Its engineering partner RWorley will carry out detailed design of the platform. Why the need to second guess MMHE capabilities to build the platform? It’s now fabricating Kasawari main CPP and is progressing well.
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What causes the contract value to be so high at RM4.5bil though? Is the facility extremely huge? I see offshore platforms they get before this also around the RM2bil mark only
TSmohdyakup
post Nov 30 2022, 04:33 PM

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QUOTE(contestchris @ Nov 30 2022, 02:07 PM)
What causes the contract value to be so high at RM4.5bil though? Is the facility extremely huge? I see offshore platforms they get before this also around the RM2bil mark only
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The process module for ccus aint cheap bro.
TSmohdyakup
post Nov 30 2022, 04:35 PM

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Btw, Kasawari phase 2 ccus cpp berat berapa eh? 18k MT is it? Eight legged jacket?
TSmohdyakup
post Nov 30 2022, 04:39 PM

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QUOTE(contestchris @ Nov 30 2022, 02:07 PM)
What causes the contract value to be so high at RM4.5bil though? Is the facility extremely huge? I see offshore platforms they get before this also around the RM2bil mark only
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To add, the offshore pipeline portion quite lengthy I can say, I think, hence, the T&I marine spread adding more to the cost.

RM4.5bil we are talking about the whole package. T&I portion especially marine spread aint cheap.
Stamp
post Nov 30 2022, 05:29 PM

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QUOTE(mohdyakup @ Nov 30 2022, 04:35 PM)
Btw, Kasawari phase 2 ccus cpp berat berapa eh? 18k MT is it? Eight legged jacket?
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Topsides about 15KMT and jacket is14KMT. Jacket is an 8 legged floatover type.

This post has been edited by Stamp: Nov 30 2022, 05:29 PM
Stamp
post Nov 30 2022, 05:33 PM

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QUOTE(contestchris @ Nov 30 2022, 02:07 PM)
What causes the contract value to be so high at RM4.5bil though? Is the facility extremely huge? I see offshore platforms they get before this also around the RM2bil mark only
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The carbon removal facilities do not come cheap. The materials used process related are not the usual carbon steel ones.

Long pipelines will be installed.

Go figure.
contestchris
post Dec 9 2022, 11:00 AM

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Kelidang is back on the menu
Stamp
post Dec 10 2022, 02:10 AM

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QUOTE(contestchris @ Dec 9 2022, 11:00 AM)
Kelidang is back on the menu
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I wonder whether there will be bidders who are willing to fork out millions of their own money (again) to carry out the bid preparations.

Will Petronas give a gentleman guarantee to the potential bidders that this time Petronas will actually award the job and not abandon it a few times like before?
TSmohdyakup
post Dec 10 2022, 04:51 AM

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2023 is a busy year for Oil&Gas.

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