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Released March 07, 2018 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Wood Group plc (Abderdeen, Scotland), a global provider of engineering, procurement and construction (EPC) services, is involved in more than $88 billion worth of active projects, according to Industrial Info's project database. The projects are largely in North America and Asia, and include about $43.3 billion worth that are set to begin construction and $11.5 billion worth that are set to finish construction in 2018.
Among Wood's major accomplishments in the last quarter of 2017 was an agreement to provide construction and project management services to Discovery Midstream Partners' (Dallas, Texas) multi-phase natural gas gathering and processing system in the Niobrara Shale region of Colorado's Denver-Julesburg Basin. This includes the construction of a $150 million second train at a cryogenic natural gas processing plant in Fort Lupton, which is expected to process 200 million standard cubic feet per day, bringing total capacity at the facility to 260 million standard cubic feet per day. For more information, see Industrial Info's project report.
Wood also is at work on a series of projects for Koch Industries Incorporated's (Wichita, Kansas) West Plant refinery in Corpus Christi, Texas, which are expected to wrap up this summer. Koch is planning a $90 million revamp of two existing crude units, with capacities of 178,000 and 58,000 barrels per day (BBL/d), to process Eagle Ford Shale crude feedstock, as well as a $50 million upgrade to the continuous catalytic reformer (CCR) to remove aromatics from the 58,000-BBL/d unit's feed stream, and $50 million in offsite utilities additions. For more information, see Industrial Info's project reports on the crude-unit revamps, CCR upgrade and offsite additions.
Wood recently announced it had spent the last year developing a new set of industry guidelines to improve the performance of submarine cables for offshore energy projects, alongside "key industry players" such as EDF Energies Nouvelles (Paris, France), Réseau de Transport d'Electricité (RTE) (Paris) and General Cable (Highland Heights, Kentucky). Wood says the new methodology will strengthen subsea cables' on-bottom stability on rocky and non-smooth seabeds.
Among the active subsea-related projects involving Wood is BP plc's (NYSE:BP) (London, England) $9 billion Mad Dog 2 Crude Oil Production Platform in the Gulf of Mexico, which is expected to produce 140,000 BBL/d from 14 wells. Other companies involved include Chevron Corporation (NYSE:CVX) (San Ramon, California), BHP Billiton plc (NYSE:BHP) (Melbourne, Australia), KBR Incorporated (NYSE:KBR) (Houston, Texas), Samsung Heavy Industries Limited (Houston) and Subsea 7 (Houston); the latter three are contracted to perform engineering-related work. For more information, see Industrial Info's project report.
In Australia, Wood announced in February it had been awarded the brownfield engineering services contract for the INPEX Australia Pty Limited's (Perth, Australia) $37.4 billion Ichthys LNG offshore facilities and onshore LNG processing plant in Darwin, Northern Territory. The first two LNG production trains will be included in the $4.67 billion first phase, which is under construction and set to be completed in the second quarter of this year. The trains will produce a total 8.9 million metric tons per year of LNG, and feature a separate unit to produce 1.6 million metric tons per year of liquefied petroleum gas (LPG).
Wood said the contract is for five years, effective immediately, with a two-year extension option. It includes the delivery of engineering services to support the execution of brownfield works as well as technical support services. INPEX also is considering a proposed, $10 billion Phase II and $10 billion Phase III, each of which would include two trains that would produce 8.9 million metric tons per year of LNG; if these trains also are constructed, the entire complex's output would be 25.7 million metric tons per year of LNG. But the project recently has been hindered by disputes between contractors and subcontractors, according to Australia's Financial Review, as well as a fatal accident in December at the onshore site. For more information, see Industrial Info's project reports on Phase I, Phase II and Phase III.
Not all of Wood's projects are energy-related. One project expected to wrap up in the near future is Canadian Forest Products Limited's (TSX:CFP) (Vancouver, British Columbia) $40 million refiner upgrade at a pulp mill in Taylor, British Columbia. Wood and other contractors will construct a pair of low-consistency refiners for the mill, which produces 690 tons per day of bleached softwood and hardwood products. For more information, see Industrial Info's project report.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.
Among Wood's major accomplishments in the last quarter of 2017 was an agreement to provide construction and project management services to Discovery Midstream Partners' (Dallas, Texas) multi-phase natural gas gathering and processing system in the Niobrara Shale region of Colorado's Denver-Julesburg Basin. This includes the construction of a $150 million second train at a cryogenic natural gas processing plant in Fort Lupton, which is expected to process 200 million standard cubic feet per day, bringing total capacity at the facility to 260 million standard cubic feet per day. For more information, see Industrial Info's project report.
Wood also is at work on a series of projects for Koch Industries Incorporated's (Wichita, Kansas) West Plant refinery in Corpus Christi, Texas, which are expected to wrap up this summer. Koch is planning a $90 million revamp of two existing crude units, with capacities of 178,000 and 58,000 barrels per day (BBL/d), to process Eagle Ford Shale crude feedstock, as well as a $50 million upgrade to the continuous catalytic reformer (CCR) to remove aromatics from the 58,000-BBL/d unit's feed stream, and $50 million in offsite utilities additions. For more information, see Industrial Info's project reports on the crude-unit revamps, CCR upgrade and offsite additions.
Wood recently announced it had spent the last year developing a new set of industry guidelines to improve the performance of submarine cables for offshore energy projects, alongside "key industry players" such as EDF Energies Nouvelles (Paris, France), Réseau de Transport d'Electricité (RTE) (Paris) and General Cable (Highland Heights, Kentucky). Wood says the new methodology will strengthen subsea cables' on-bottom stability on rocky and non-smooth seabeds.
Among the active subsea-related projects involving Wood is BP plc's (NYSE:BP) (London, England) $9 billion Mad Dog 2 Crude Oil Production Platform in the Gulf of Mexico, which is expected to produce 140,000 BBL/d from 14 wells. Other companies involved include Chevron Corporation (NYSE:CVX) (San Ramon, California), BHP Billiton plc (NYSE:BHP) (Melbourne, Australia), KBR Incorporated (NYSE:KBR) (Houston, Texas), Samsung Heavy Industries Limited (Houston) and Subsea 7 (Houston); the latter three are contracted to perform engineering-related work. For more information, see Industrial Info's project report.
In Australia, Wood announced in February it had been awarded the brownfield engineering services contract for the INPEX Australia Pty Limited's (Perth, Australia) $37.4 billion Ichthys LNG offshore facilities and onshore LNG processing plant in Darwin, Northern Territory. The first two LNG production trains will be included in the $4.67 billion first phase, which is under construction and set to be completed in the second quarter of this year. The trains will produce a total 8.9 million metric tons per year of LNG, and feature a separate unit to produce 1.6 million metric tons per year of liquefied petroleum gas (LPG).
Wood said the contract is for five years, effective immediately, with a two-year extension option. It includes the delivery of engineering services to support the execution of brownfield works as well as technical support services. INPEX also is considering a proposed, $10 billion Phase II and $10 billion Phase III, each of which would include two trains that would produce 8.9 million metric tons per year of LNG; if these trains also are constructed, the entire complex's output would be 25.7 million metric tons per year of LNG. But the project recently has been hindered by disputes between contractors and subcontractors, according to Australia's Financial Review, as well as a fatal accident in December at the onshore site. For more information, see Industrial Info's project reports on Phase I, Phase II and Phase III.
Not all of Wood's projects are energy-related. One project expected to wrap up in the near future is Canadian Forest Products Limited's (TSX:CFP) (Vancouver, British Columbia) $40 million refiner upgrade at a pulp mill in Taylor, British Columbia. Wood and other contractors will construct a pair of low-consistency refiners for the mill, which produces 690 tons per day of bleached softwood and hardwood products. For more information, see Industrial Info's project report.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.
