Corinth Pipeworks was awarded a contract, by Snam to manufacture and supply approximately 13 km of longitudinally submerged arc-welded steel pipes (LSAW) for the development of an offshore and onshore natural gas pipeline for the Floating Storage and Regasification Unit (FSRU). The contract is valued at over EUR 10 million.
The greenfield FSRU based LNG terminal project in the port of Ravenna is a strategic project to help ensuring Italy’s energy needs, increasing security of supply and diversification. Furthermore, the project will provide critical infrastructure, with a capacity of 170,000 cubic meters and a nominal throughput of 5 billion cubic meters of natural gas per year.
The 26-inch, pipeline, will be certified to transport up to 100% hydrogen. Corinth Pipeworks is utilizing cutting-edge technology and infrastructure, providing solutions for hydrogen certification of new pipelines. As such steel pipes produced today and installed in the current gas network shall cover the energy mix of tomorrow.
Steel pipes will be manufactured at Corinth Pipeworks’ facilities and will include internal and three-layer polypropylene, external coating, as well as concrete weight coating (CWC), applied at the same location as pipe manufacturing at Thisvi, Greece.
This award to Corinth Pipeworks is the latest from Snam, with the assistance of its Italian business partner PIPEX, and builds on the company's successful long-term relationship and a succession of earlier pipeline developments.
Wednesday 27 September 2023
Monday 25 September 2023
Sempra Infrastructure Completes Sale of Non-Controlling Interest in Port Arthur LNG Phase 1 to KKR
Sempra Infrastructure , a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), today announced that it has completed the sale of a 42% indirect, non-controlling interest in its Port Arthur LNG Phase 1 project to KKR. The transaction, which closed in accordance with the terms previously disclosed, results in Sempra Infrastructure retaining a controlling 28% indirect interest in Phase 1 at the project level, and ConocoPhillips owning the remaining 30% interest.
"The closing of this transaction continues the positive momentum of our world-class Port Arthur LNG facility and highlights Sempra Infrastructure's ability to access capital to support the growth of its infrastructure business," said Justin Bird, CEO of Sempra Infrastructure. "We remain committed to developing energy infrastructure projects with strong partners to continue growing our portfolio while advancing global decarbonization and energy security."
"We are pleased to close our investment in this critical energy infrastructure project led by the Sempra Infrastructure team," said James Cunningham, Partner at KKR. "Port Arthur LNG Phase 1 has continued its strong momentum and is on track to meet its objectives of helping to deliver energy security, economic growth and a near-term supply of reliable and cleaner energy."
Sempra Infrastructure reached a positive final investment decision for Port Arthur LNG Phase 1 in March 2023 and contracted global engineering, procurement and construction firm Bechtel Energy Inc. to build the project. Over 2.8 million hours of work have been completed since construction began this spring, with no lost-time incidents. The expected commercial operation dates for Train 1 and Train 2 are 2027 and 2028, respectively.
"The closing of this transaction continues the positive momentum of our world-class Port Arthur LNG facility and highlights Sempra Infrastructure's ability to access capital to support the growth of its infrastructure business," said Justin Bird, CEO of Sempra Infrastructure. "We remain committed to developing energy infrastructure projects with strong partners to continue growing our portfolio while advancing global decarbonization and energy security."
"We are pleased to close our investment in this critical energy infrastructure project led by the Sempra Infrastructure team," said James Cunningham, Partner at KKR. "Port Arthur LNG Phase 1 has continued its strong momentum and is on track to meet its objectives of helping to deliver energy security, economic growth and a near-term supply of reliable and cleaner energy."
Sempra Infrastructure reached a positive final investment decision for Port Arthur LNG Phase 1 in March 2023 and contracted global engineering, procurement and construction firm Bechtel Energy Inc. to build the project. Over 2.8 million hours of work have been completed since construction began this spring, with no lost-time incidents. The expected commercial operation dates for Train 1 and Train 2 are 2027 and 2028, respectively.
Sunday 24 September 2023
Gate terminal selected contractors to design and build 4th LNG storage tank
Gate terminal B.V, a joint venture of Vopak and Gasunie, is pleased to announce that it has selected -VINCI Construction Grands Projets - Entrepose Contracting (tank), Sener (balance of plant) and Sacyr Proyecta (owner engineering services) to execute the expansion of the terminal with a 4th LNG storage tank of 180,000 cubic meters and an additional regasification capacity of 4 BMC per year.
Sener statement
“We are pleased to participate in one of the largest gas projects in all of Europe. We are proud to accompany Gate Terminal since 2007, when it entrusted us as the main EPC contractor, or during the Extra Send-Out project, in 2022 – to increase the plant’s natural gas send-out capacity with an additional 1.5 billion of cubic meters per year. Today, we celebrate a new milestone: the decision to build a new tank and new balance of plant facilities, which will increase its capabilities and potential”, says Álvaro Lorente, Managing Director of Energy at Sener.
Sacyr Proyecta statement
“We’re eagerly looking forward to being part of this exciting new project. We take pride in your trust, especially after our past successful collaborations with Gate Terminal in other projects in the Rotterdam Terminal. This strategic opportunity means a lot to the group, and we’re thrilled to contribute to the expansion of the Gate Terminal and its important role in the security of supply of energy in the Netherlands and its neighboring countries” says Juan Antonio Marín Ródenas, General Manager at Sacyr Proyecta.
Gate statement
“Based on the positive experiences with these contractors over the past period we look forward to a successful continuation of our cooperation and a safe execution of the project,” says Jarmo Stoopman, Managing Director at Gate terminal.
Sener statement
“We are pleased to participate in one of the largest gas projects in all of Europe. We are proud to accompany Gate Terminal since 2007, when it entrusted us as the main EPC contractor, or during the Extra Send-Out project, in 2022 – to increase the plant’s natural gas send-out capacity with an additional 1.5 billion of cubic meters per year. Today, we celebrate a new milestone: the decision to build a new tank and new balance of plant facilities, which will increase its capabilities and potential”, says Álvaro Lorente, Managing Director of Energy at Sener.
Sacyr Proyecta statement
“We’re eagerly looking forward to being part of this exciting new project. We take pride in your trust, especially after our past successful collaborations with Gate Terminal in other projects in the Rotterdam Terminal. This strategic opportunity means a lot to the group, and we’re thrilled to contribute to the expansion of the Gate Terminal and its important role in the security of supply of energy in the Netherlands and its neighboring countries” says Juan Antonio Marín Ródenas, General Manager at Sacyr Proyecta.
Gate statement
“Based on the positive experiences with these contractors over the past period we look forward to a successful continuation of our cooperation and a safe execution of the project,” says Jarmo Stoopman, Managing Director at Gate terminal.
Friday 22 September 2023
Port Arthur LNG Phase 2 Project Receives Federal Energy Regulatory Commission Authorization
Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), today announced that the Federal Energy Regulatory Commission (FERC) has approved the permit authorizing the Port Arthur LNG Phase 2 expansion project under development at Port Arthur LNG in Jefferson County, Texas. The permit is a major regulatory milestone for a proposed Phase 2 project, including the addition of two liquefaction trains (trains 3 and 4) capable of producing up to 13 million tonnes per annum (Mtpa) of liquefied natural gas (LNG).
“Sempra Infrastructure is committed to investing in infrastructure opportunities that help enable a cleaner and more secure energy future,” said Justin Bird, chief executive officer of Sempra Infrastructure. “Today’s FERC order is a significant step in our ability to advance the global energy transition, creating an opportunity to double the amount of secure and reliable U.S. natural gas that Port Arthur LNG can help deliver to global markets.”
With Phase 1 currently under construction, the development of the proposed Phase 2 project could increase the total liquefaction capacity of the facility from approximately 13 Mtpa to approximately 26 Mtpa. The proposed project is also expected to include an additional LNG storage tank and marine berth and would benefit from some of the common facilities currently under construction that were previously approved as part of the Port Arthur LNG Phase 1 permitting process.
Sempra Infrastructure continues to evaluate opportunities to develop the entirety of the Port Arthur site while also exploring potential projects to reduce the carbon intensity of its LNG, positioning Port Arthur as a flagship hub for the energy transition. The company is leveraging the integrated capabilities of its business segments to develop the proposed Port Arthur Pipeline Texas Connector project, the proposed Post Arthur Pipeline Louisiana Connector project and develop new gas storage facilities, all of which would serve the Port Arthur LNG facility.
To further the advancement of the Port Arthur Energy Hub, the company recently acquired 38,000 acres of pore space and relevant surface rights to support the proposed Titan Carbon Sequestration project, which is proximal in location to the Port Arthur LNG facility. The project targets capturing carbon from Sempra Infrastructure’s Port Arthur LNG Phase 1 and 2 projects that are currently under development and has the potential to unlock other net-zero energy infrastructure opportunities. This comprehensive development approach utilizes Sempra Infrastructure’s broad development and operational expertise to enhance the total value of Port Arthur and can deliver significant value for the local community, opening up substantial avenues for economic growth opportunities for the region.
“The value proposition of the proposed Port Arthur Energy Hub goes beyond monetary investment in the region,” said Bird. “The proposed projects by Sempra Infrastructure would create new, high-paying jobs, increase innovative business in the region and continue to bolster the reputation of the State of Texas as a global energy leader.”
The Port Arthur LNG Phase 2 project is under active marketing and development. The project could help meet future demand for U.S. LNG supplies expected to serve European, Asian and other global markets as countries look to enhance energy reliability and security, and displace coal in power production.
The Port Arthur LNG Phase 1 project is currently under construction and is designed to include two natural gas liquefaction trains, two LNG storage tanks and associated facilities.
Development of the Port Arthur LNG Phase 2 project, the Titan Carbon Sequestration project, the proposed Port Arthur Pipeline Louisiana Connector project, proposed Port Arthur Texas Connector project and new gas storage facilities is contingent upon completing the required commercial agreements, securing and/or maintaining all necessary permits, obtaining financing, and reaching a final investment decision, among other factors.
“Sempra Infrastructure is committed to investing in infrastructure opportunities that help enable a cleaner and more secure energy future,” said Justin Bird, chief executive officer of Sempra Infrastructure. “Today’s FERC order is a significant step in our ability to advance the global energy transition, creating an opportunity to double the amount of secure and reliable U.S. natural gas that Port Arthur LNG can help deliver to global markets.”
With Phase 1 currently under construction, the development of the proposed Phase 2 project could increase the total liquefaction capacity of the facility from approximately 13 Mtpa to approximately 26 Mtpa. The proposed project is also expected to include an additional LNG storage tank and marine berth and would benefit from some of the common facilities currently under construction that were previously approved as part of the Port Arthur LNG Phase 1 permitting process.
Sempra Infrastructure continues to evaluate opportunities to develop the entirety of the Port Arthur site while also exploring potential projects to reduce the carbon intensity of its LNG, positioning Port Arthur as a flagship hub for the energy transition. The company is leveraging the integrated capabilities of its business segments to develop the proposed Port Arthur Pipeline Texas Connector project, the proposed Post Arthur Pipeline Louisiana Connector project and develop new gas storage facilities, all of which would serve the Port Arthur LNG facility.
To further the advancement of the Port Arthur Energy Hub, the company recently acquired 38,000 acres of pore space and relevant surface rights to support the proposed Titan Carbon Sequestration project, which is proximal in location to the Port Arthur LNG facility. The project targets capturing carbon from Sempra Infrastructure’s Port Arthur LNG Phase 1 and 2 projects that are currently under development and has the potential to unlock other net-zero energy infrastructure opportunities. This comprehensive development approach utilizes Sempra Infrastructure’s broad development and operational expertise to enhance the total value of Port Arthur and can deliver significant value for the local community, opening up substantial avenues for economic growth opportunities for the region.
“The value proposition of the proposed Port Arthur Energy Hub goes beyond monetary investment in the region,” said Bird. “The proposed projects by Sempra Infrastructure would create new, high-paying jobs, increase innovative business in the region and continue to bolster the reputation of the State of Texas as a global energy leader.”
The Port Arthur LNG Phase 2 project is under active marketing and development. The project could help meet future demand for U.S. LNG supplies expected to serve European, Asian and other global markets as countries look to enhance energy reliability and security, and displace coal in power production.
The Port Arthur LNG Phase 1 project is currently under construction and is designed to include two natural gas liquefaction trains, two LNG storage tanks and associated facilities.
Development of the Port Arthur LNG Phase 2 project, the Titan Carbon Sequestration project, the proposed Port Arthur Pipeline Louisiana Connector project, proposed Port Arthur Texas Connector project and new gas storage facilities is contingent upon completing the required commercial agreements, securing and/or maintaining all necessary permits, obtaining financing, and reaching a final investment decision, among other factors.
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