Here is this week's round up of capital projects and contracts.
Here is a round up of some of this week's capital project and contract awards. In Mexico, the country's government has approved legislation that will open the foreign direct investment into its oil and gas industry for the first time since it was nationalised in 1937.
We also saw Petrofac secure a USD500 million refinery project in Malaysia, PennEast Pipeline Company confirm that works will begin on a USD1 billion pipeline in Pennsylvania, and the USD10 billion Cameron Liquefaction Project has been given the go-ahead.
Krakatau Steel Nippon Sumikin (KNSS) - a JV between Nippon Steel & Sumitomo Metal and Indonesia's Krakatau Steel - has given the go-ahead to build a USD300 million automotive steel mill in Cilegon, Banten, Indonesia.
http://www.krakatausteel.com/?page=viewnews&action=view&id=1822
Jacobs Engineering Group was awarded a contract from ExxonMobil Chemical Company to provide EPC services as part of a multi-billion dollar ethane cracker project in ExxonMobil's Baytown, Texas complex.
http://invest.jacobs.com/investors/Press-Release-Details/2014/Jacobs-Receives-Contract-from-ExxonMobil-Chemical-Company/default.aspx
Balfour Beatty's UK construction business secured a GBP75 million A63 Castle Street Hull improvement scheme for the Highways Agency under an Early Contractor Involvement (ECI) design and build contract.
VSMC has been awarded a EUR90 million contract by Sandbank Offshore Windfarm for cable supply, CPS, installation, post lay burial and termination and testing of 76 infield cables. Project execution is scheduled to start in August 2015 and will be completed by the summer of 2016.
http://www.vsmc.nl/en/news/detail/vsmc-awarded-sandbank-contract-by-vattenfall
Petrofac secured a USD500 million EPCC contract from PRPC Refinery and Cracker for a refinery package in Petronas' refinery and petrochemicals integrated development (RAPID) project in Pengerang, Johor, Malaysia.
The scope of work includes three sulphur recovery units, two amine regeneration units, two sour water-stripping units, a liquid sulphur storage units and a sulphur solidification package unit.
http://www.petrofac.com/media/news/2014/august/13/petrofac-awarded-engineering-procurement-construction-and-commissioning-contract-in-malaysia.aspx
CB&I has been awarded a contract valued in excess of USD49 million by Oiltanking Beaumont for the engineering, procurement, fabrication and construction of 12 internal floating-roof crude oil storage tanks at Oiltanking's terminal in Beaumont, Texas.
http://www.cbi.com/investor-relations/news-releases
Nordex has been awarded a contract for the delivery and installation of nine N100/2500 turbines from its series at the Orla wind farm in Poland.
http://www.nordex-online.com/index.php?id=53&L=2&tx_ttnews
PennEast Pipeline Company revealed a USD1 billion plan to construct a 100-mile gas pipeline between the Marcellus Shale region, Pennsylvania and New Jersey.
http://penneastpipeline.com/news.php
Columbia Gas Transmission - a part of NiSource Inc.'s Columbia Pipeline Group - will build a 160-mile natural gas pipeline in Ohio and West Virginia, supporting gas supply development in western Pennsylvania, northern West Virginia, and eastern Ohio, reports Oil & Gas Journal.
http://www.ogj.com/articles/2014/08/columbia-to-build-marcellus-utica-gas-pipeline.html
Sponsors of the USD10 billion Cameron Liquefaction Project have agreed upon a final investment decision, which will see the construction of new LNG facilities at Sempra Energy's Cameron LNG terminal in Louisiana.
http://sempra.mediaroom.com/index.php?s=19080&item=136960
Gemma Power Systems, together with representatives of Panda Power Funds, Siemens Energy, and local and state officials celebrated the groundbreaking of the Patriot Generating Station - an 829 MW natural gas-fired combined cycle plant.
http://www.gemmapower.com/gemma-power-systems-joins-panda-power-funds-at-groundbreaking-ceremony-for-patriot-generating-station/
CMI Energy has won a contract with GE France to supply a two pressure level horizontal Heat Recovery Steam Generator (HRSG) to equip the power station at Kazan (Tatarstan), Russia.
http://www.cmigroupe.com/en/news-view/511/two-new-cmi-boilers-in-service-by-2016?reader=1
Nuclearelectrica is seeking for a private investor to take a majority stake in the joint venture to manage the expansion of the Cernavoda nuclear power plant in Romania, claims World Nuclear News.
http://www.world-nuclear-news.org/NN-Romania-plans-Cernovoda-JV-1208201401.html
