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Researched by Industrial Info Resources (Sugar Land, Texas)--Global engineering and consultation leader WorleyParsons (North Sydney, Australia) is expanding its role on the global stage for energy and chemical projects, including recent contract wins in the Middle East. Industrial Info is tracking $171 billion in projects involving WorleyParsons in some capacity, more than half of which is attributed to the 10 highest-valued projects. More than 85% of the total can be attributed to four industries: Oil & Gas Production, Power Generation, Oil & Gas Pipelines and Chemical Processing.
Click on the image at right for a graph detailing WorleyParsons' projects across all the industries it services.
WorleyParsons is based in Australia, but is at work on projects with a higher total investment value (TIV) in three other countries: Canada, Egypt and the U.S. The bulk of Canada's TIV is attributed to Steelhead LNG Corporation's (Vancouver, British Columbia) proposed, $30 billion Kwispaa Liquefied Natural Gas (LNG) Plant in Port Alberni, British Columbia, for which WorleyParsons is performing front-end engineering and design (FEED). Each phase would involve the installation of a pair of trains to produce a total of 12 million tons per year of LNG for export, for up to 25 years.
Earlier this year, Steelhead LNG and Huu-ay-aht First Nations, which is co-managing the project, shortlisted four engineering, procurement and construction (EPC) teams: Black & Veatch (Overland Park, Kansas), Samsung Heavy Industries Limited (Houston, Texas) and PCL Industrial Management (Denver); Chicago Bridge & Iron Company N.V. (NYSE:CBI) (The Hague, Netherlands) and Offshore Oil Engineering Limited (Tianjin, China); KBR Incorporated (NYSE:KBR) (Houston); and TechnipFMC plc (London, England). The four bidders will now compete in the next round of the tender process, which is expected before the end of the current quarter, according to Energy Business Review. For more information, see Industrial Info's project reports on Phase I and Phase II.
In the Middle East, WorleyParsons is a consultant on two nuclear-power projects that have faced repeated delays: the $30 billion El Dabaa Nuclear Power Station in El Dabaa, Egypt, and the $10 billion Amra Nuclear Power Station in Al Mafraq, Jordan. The El Dabaa project, which is divided into four phases, each with 1,200 megawatts (MW) of capacity, is headed by Rosatom (Moscow, Russia) and already has begun preparatory work for the first phase. Post-preparatory construction is scheduled to begin in 2020, according to an announcement from Rosatom.
Rosatom also is backing Jordan's Amra plant, a single-phase project featuring a pair of steam-turbine generators with a total output of 2,000 MW. For more information, see Industrial Info's project reports on El Dabaa's Phase I, Phase II, Phase III and Phase IV, and the Amra plant.
Two of WorleyParsons' 10 highest-valued projects are in the U.S., one under construction and the other struggling to get off the ground. Sasol Limited's (NYSE:SSL) (Johannesburg, South Africa) $4 billion Lake Charles Chemical Project (LCCP) ethylene unit in Westlake, Louisiana, began construction in 2015 and is expected to produce 1.5 million metric tons per year. Sasol recently announced that the project, which also includes LDPE and LLDPE units, is 81% complete and is expected to begin production later this year. For more information, see Industrial Info's project report.
The global LNG glut has been a headache for the other high-value U.S. project: Exxon Mobil Corporation (NYSE:XMO) (Irving, Texas) and TransCanada Corporation's (NYSE:TRP) (Calgary, Alberta) proposed, $5.5 billion natural gas pipeline from Alaska's North Slope to the Kenai Peninsula, which is related to Chevron Corporation's (NYSE:CVX) (San Ramon, California) $45 billion-to-$65 billion Alaska LNG Project. The project owners continue to seek permits; if approved, the pipeline would not begin construction until 2020 at the earliest.
But the federal government did approve plans to export any LNG produced from the Chevron facility, and last week Bank of China Limited (Beijing, China) and The Goldman Sachs Group Incorporated (NYSE:GS) (New York City, New York) agreed to serve as global capital coordinators once all necessary permits are in place, according to Kallanish Energy. For more information, see Industrial Info's project report.
In its home country, WorleyParsons is performing construction management services for one of the world's largest LNG projects: Chevron's $11.96 billion first phase of the Wheatstone LNG Project, which started producing and exporting last year. The first phase comprises two trains, each with a capacity of 4.45 million metric tons per year; a Maersk tanker transported the first condensate cargo from the facility earlier this month. 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/.
Click on the image at right for a graph detailing WorleyParsons' projects across all the industries it services.WorleyParsons is based in Australia, but is at work on projects with a higher total investment value (TIV) in three other countries: Canada, Egypt and the U.S. The bulk of Canada's TIV is attributed to Steelhead LNG Corporation's (Vancouver, British Columbia) proposed, $30 billion Kwispaa Liquefied Natural Gas (LNG) Plant in Port Alberni, British Columbia, for which WorleyParsons is performing front-end engineering and design (FEED). Each phase would involve the installation of a pair of trains to produce a total of 12 million tons per year of LNG for export, for up to 25 years.
Earlier this year, Steelhead LNG and Huu-ay-aht First Nations, which is co-managing the project, shortlisted four engineering, procurement and construction (EPC) teams: Black & Veatch (Overland Park, Kansas), Samsung Heavy Industries Limited (Houston, Texas) and PCL Industrial Management (Denver); Chicago Bridge & Iron Company N.V. (NYSE:CBI) (The Hague, Netherlands) and Offshore Oil Engineering Limited (Tianjin, China); KBR Incorporated (NYSE:KBR) (Houston); and TechnipFMC plc (London, England). The four bidders will now compete in the next round of the tender process, which is expected before the end of the current quarter, according to Energy Business Review. For more information, see Industrial Info's project reports on Phase I and Phase II.
In the Middle East, WorleyParsons is a consultant on two nuclear-power projects that have faced repeated delays: the $30 billion El Dabaa Nuclear Power Station in El Dabaa, Egypt, and the $10 billion Amra Nuclear Power Station in Al Mafraq, Jordan. The El Dabaa project, which is divided into four phases, each with 1,200 megawatts (MW) of capacity, is headed by Rosatom (Moscow, Russia) and already has begun preparatory work for the first phase. Post-preparatory construction is scheduled to begin in 2020, according to an announcement from Rosatom.
Rosatom also is backing Jordan's Amra plant, a single-phase project featuring a pair of steam-turbine generators with a total output of 2,000 MW. For more information, see Industrial Info's project reports on El Dabaa's Phase I, Phase II, Phase III and Phase IV, and the Amra plant.
Two of WorleyParsons' 10 highest-valued projects are in the U.S., one under construction and the other struggling to get off the ground. Sasol Limited's (NYSE:SSL) (Johannesburg, South Africa) $4 billion Lake Charles Chemical Project (LCCP) ethylene unit in Westlake, Louisiana, began construction in 2015 and is expected to produce 1.5 million metric tons per year. Sasol recently announced that the project, which also includes LDPE and LLDPE units, is 81% complete and is expected to begin production later this year. For more information, see Industrial Info's project report.
The global LNG glut has been a headache for the other high-value U.S. project: Exxon Mobil Corporation (NYSE:XMO) (Irving, Texas) and TransCanada Corporation's (NYSE:TRP) (Calgary, Alberta) proposed, $5.5 billion natural gas pipeline from Alaska's North Slope to the Kenai Peninsula, which is related to Chevron Corporation's (NYSE:CVX) (San Ramon, California) $45 billion-to-$65 billion Alaska LNG Project. The project owners continue to seek permits; if approved, the pipeline would not begin construction until 2020 at the earliest.
But the federal government did approve plans to export any LNG produced from the Chevron facility, and last week Bank of China Limited (Beijing, China) and The Goldman Sachs Group Incorporated (NYSE:GS) (New York City, New York) agreed to serve as global capital coordinators once all necessary permits are in place, according to Kallanish Energy. For more information, see Industrial Info's project report.
In its home country, WorleyParsons is performing construction management services for one of the world's largest LNG projects: Chevron's $11.96 billion first phase of the Wheatstone LNG Project, which started producing and exporting last year. The first phase comprises two trains, each with a capacity of 4.45 million metric tons per year; a Maersk tanker transported the first condensate cargo from the facility earlier this month. 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/.
