際際滷

際際滷Share a Scribd company logo

Kuwait Wara.ENG

Mihai Dragne
Mihai Dragne

GS E&C was awarded a KWD 1.5 billion contract by Kuwait Oil Company for a pressure maintenance project located in the Burgan fields of Kuwait. The project involves engineering, procurement, and construction of facilities including an effluent water disposal plant and Wara pressure maintenance project handling 667,000 barrels of water per day over 36 months. GS E&C's experience executing similar projects in Kuwait and relationship with Kuwait Oil Company will help manage risks. The project is expected to increase GS E&C's annual sales revenues by 200 billion won and further their business in oil and gas facilities in the Middle East.

1 of 6
Download to read offline
GS E&C, KD 1.5 Billion Overseas Project NOA Received Kuwait Wara Pressure Maintenance Project August, 2011August, 2011
CONTENTSCONTENTS I _ Project Overview II _ Risk Analysis and Experience III _ Prospect This material contains forward-looking statements that include our current beliefs and expectations on market factors and information obtained outside GS E&C, which are subject to uncertainties. Due to the volatility of these factors, actual results may differ from those set forth in the presented statements. Information found here should not be solely relied upon for making any investment decision, this material is provided as a reference purpose only for the investors. GS E&C shall not be responsible for any trading or investment decisions made based on this information. III _ Prospect Appendix Overseas Projects
Location Kuwait, Burgan Fields Sponsor Kuwait Oil Company (KOC) Finance Client Own Fund GS E&C awarded notification of award KWD 1.5 billion pressure maintenance project sponsored by Kuwait Oil Company. This project is located at Burgan fields. 1. Project Overview Overview Location 1/3 Facilities Enhanced Oil Recovery (EOR) -Effluent Water Disposal Plant -Wara Pressure Maintenance Project : 667,000 Barrel of Water Per Day Contract Type Lump Sump T/K Period 36 Months Amount KWD 1.5 Billion (USD 550 Million)
Previous experience on the executed projects in Kuwait. Reliable client (State-running company) Advanced payment(10%) and monthly Progress Payment Cost escalation Forward deal contracts for hedging F/X risk 2. Risk Analysis and Experience GS E&C will hedge expected risks, and will successfully execute this project with the experience of water distribution scheme projects. Introduction Payment Capability Raw Material & 2/3 Preparing for contingency cost Forward deal contracts for hedging F/X risk Projects in KuwaitProjects in Kuwait KNPC GOD Project Contract Type Period 2000-2001 LSTK LSTK OCR Revamp of ARDS Unit 2002-2004 LSTKLPG Tank 2011-2013 Arabian Peninsula 2.6 Million (2009) Kuwait Arabic Islam 85% 17,818 km2 USD 31,482 (2009) Location Population Capital Language Religion Area GDP Others Material & F/X Risk
Kuwait Wara pressure maintenance project is KWD 1.5 billion construction which is sponsored by KOC (Kuwait Oil Company). This project is located in the Burgan fields of Kuwait. GS E&C executes the whole process of engineering, procurement and construction over 36 months. This project will contribute to increase annual sales revenues by 200 billion won. 3. Prospect 3/3 <貎危, OCR Revamp of ARDS Unit > GS E&C develops new business area such as coal gasification and fertilizer field, EOR facilities (Enhanced Oil Recovery) and so on. With the success of completing OCR Revamping, Gas Oil Desulfurization and awarding new LPG Tank from KNPC, GS E&C proves that it is internationally recognized as having edge in Oil and Gas business in Middle East. Re- entering new markets such as Kuwait UAE Saudi Arabia, GS E&C diversifies its operation geographically and diminishes regional risks.
Project Client Project Type Project PeriodDescription Contract Amount Unit: USD Collie UreaAustralia Bahrain Petroleum Company 2.88 bnUrea 2011 2015 C925/C937Singapore LTA SGD 460 milCivil 2011 2016 IPC EVASaudi Arabia International Polymers Company 385 milEVA 2011 2013 ASPC/ABPC* Inter Refinery PipelineUAE Takreer 623 milPipeline 2010 2014 2010 2013Barka 3 & Sohar 2Oman 630 milPower Plant Waste Water TreatmentBahrain 70 milWater Treatment 2010 2012 Perdaman Chemicals and Fertilizers LPG TankKuwait Kuwait National Petroleum Co. KD 154 milLPG 2011 2013 Overseas Projects 2011 Award Harvest Energy ERC HydrocrakerEgypt ERC 2.17 bnHydrocracker 2007 2014 IRPC Propylene IRPC Public Co, Ltd. 80 milPropylene 2010 2012 Depot C911Singapore LTA 144 milCivil 2009 2015 2010 2012Oil sandCanada CAD 310 milOil sand Ruwais 4th NGL TrainUAE GASCO 1.2 bnGas 2009 2013 C913Singapore LTA 310 milCivil 2009 2015 SNDCOman Petroleum Development Oman 220 milGas 2009 2013 Ruwais Refinery Pkg7UAE Takreer 524 milCivil 2009 2014 Ruwais Refinery Pkg2UAE Takreer 3.11 bnRFCC 2009 2014 ASPC/ABPC* 2010 2013Barka 3 & Sohar 2Oman 630 milPower Plant *ASPC : Al Suwadi Power Company SAOC / ABPC : Al Batinah Power Company SAOC Thailand Under construction

More Related Content

Kuwait Wara.ENG

  • 1. GS E&C, KD 1.5 Billion Overseas Project NOA Received Kuwait Wara Pressure Maintenance Project August, 2011August, 2011
  • 2. CONTENTSCONTENTS I _ Project Overview II _ Risk Analysis and Experience III _ Prospect This material contains forward-looking statements that include our current beliefs and expectations on market factors and information obtained outside GS E&C, which are subject to uncertainties. Due to the volatility of these factors, actual results may differ from those set forth in the presented statements. Information found here should not be solely relied upon for making any investment decision, this material is provided as a reference purpose only for the investors. GS E&C shall not be responsible for any trading or investment decisions made based on this information. III _ Prospect Appendix Overseas Projects
  • 3. Location Kuwait, Burgan Fields Sponsor Kuwait Oil Company (KOC) Finance Client Own Fund GS E&C awarded notification of award KWD 1.5 billion pressure maintenance project sponsored by Kuwait Oil Company. This project is located at Burgan fields. 1. Project Overview Overview Location 1/3 Facilities Enhanced Oil Recovery (EOR) -Effluent Water Disposal Plant -Wara Pressure Maintenance Project : 667,000 Barrel of Water Per Day Contract Type Lump Sump T/K Period 36 Months Amount KWD 1.5 Billion (USD 550 Million)
  • 4. Previous experience on the executed projects in Kuwait. Reliable client (State-running company) Advanced payment(10%) and monthly Progress Payment Cost escalation Forward deal contracts for hedging F/X risk 2. Risk Analysis and Experience GS E&C will hedge expected risks, and will successfully execute this project with the experience of water distribution scheme projects. Introduction Payment Capability Raw Material & 2/3 Preparing for contingency cost Forward deal contracts for hedging F/X risk Projects in KuwaitProjects in Kuwait KNPC GOD Project Contract Type Period 2000-2001 LSTK LSTK OCR Revamp of ARDS Unit 2002-2004 LSTKLPG Tank 2011-2013 Arabian Peninsula 2.6 Million (2009) Kuwait Arabic Islam 85% 17,818 km2 USD 31,482 (2009) Location Population Capital Language Religion Area GDP Others Material & F/X Risk
  • 5. Kuwait Wara pressure maintenance project is KWD 1.5 billion construction which is sponsored by KOC (Kuwait Oil Company). This project is located in the Burgan fields of Kuwait. GS E&C executes the whole process of engineering, procurement and construction over 36 months. This project will contribute to increase annual sales revenues by 200 billion won. 3. Prospect 3/3 <貎危, OCR Revamp of ARDS Unit > GS E&C develops new business area such as coal gasification and fertilizer field, EOR facilities (Enhanced Oil Recovery) and so on. With the success of completing OCR Revamping, Gas Oil Desulfurization and awarding new LPG Tank from KNPC, GS E&C proves that it is internationally recognized as having edge in Oil and Gas business in Middle East. Re- entering new markets such as Kuwait UAE Saudi Arabia, GS E&C diversifies its operation geographically and diminishes regional risks.
  • 6. Project Client Project Type Project PeriodDescription Contract Amount Unit: USD Collie UreaAustralia Bahrain Petroleum Company 2.88 bnUrea 2011 2015 C925/C937Singapore LTA SGD 460 milCivil 2011 2016 IPC EVASaudi Arabia International Polymers Company 385 milEVA 2011 2013 ASPC/ABPC* Inter Refinery PipelineUAE Takreer 623 milPipeline 2010 2014 2010 2013Barka 3 & Sohar 2Oman 630 milPower Plant Waste Water TreatmentBahrain 70 milWater Treatment 2010 2012 Perdaman Chemicals and Fertilizers LPG TankKuwait Kuwait National Petroleum Co. KD 154 milLPG 2011 2013 Overseas Projects 2011 Award Harvest Energy ERC HydrocrakerEgypt ERC 2.17 bnHydrocracker 2007 2014 IRPC Propylene IRPC Public Co, Ltd. 80 milPropylene 2010 2012 Depot C911Singapore LTA 144 milCivil 2009 2015 2010 2012Oil sandCanada CAD 310 milOil sand Ruwais 4th NGL TrainUAE GASCO 1.2 bnGas 2009 2013 C913Singapore LTA 310 milCivil 2009 2015 SNDCOman Petroleum Development Oman 220 milGas 2009 2013 Ruwais Refinery Pkg7UAE Takreer 524 milCivil 2009 2014 Ruwais Refinery Pkg2UAE Takreer 3.11 bnRFCC 2009 2014 ASPC/ABPC* 2010 2013Barka 3 & Sohar 2Oman 630 milPower Plant *ASPC : Al Suwadi Power Company SAOC / ABPC : Al Batinah Power Company SAOC Thailand Under construction