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Petrofac to work on gas storage expansion project in Turkey

-Joint venture with Turkish Standards Institution to support BOTAS North Marmara Underground Gas Storage Expansion Project

home > Downstream, News from companies, Turkey, Europe 23.07.2018 14:19 Hale Türkeş

Petrofac to work on gas storage expansion project in Turkey
Source: Petrofac

British oilfield services provider Petrofac, in a joint venture (JV) with Turkish Standards Institution (TSE), has secured a three-year multi-million dollar Project Management Consultancy (PMC) services contract in support of Phase III of the BOTAS North Marmara Underground Gas Storage Expansion Project in Turkey, the company announced last week.

Located approximately 60 kilometers (37 miles) west of Istanbul, the gas storage facility has been in operation since 2007 and BOTAS Petroleum Pipeline Corporation (BOTAS) intends to expand its working gas capacity to 4.6 billion cubic meters, according to Petrofac's statement.

"The TSE-Petrofac JV is responsible for managing and supervising areas which will cover the main phases and scopes of work. These include detailed design, engineering, procurement, construction, drilling and decommissioning, along with commissioning and start-up activities," it added.

Roberto Bertocco, managing director of Engineering, Procurement and Construction Management at Petrofac said they were pleased to partner with TSE in the delivery of this "key project" for BOTAS.

"This is our second award in Turkey in just under a year and is further evidence of our growth strategy in action. The opportunity to provide expertise and best practice through the provision of PMC services further demonstrates our capability to safely and effectively oversee key activities in the delivery of substantial programs of work," he said.

Koray Yenigurbuz, group head at TSE and the JV project director, said the overall project involved the expansion of the facility with both onshore and offshore components.

"The TSE-Petrofac partnership brings together significant international experience as well as local delivery capability and we look forward to working collaboratively towards the successful delivery of this project for BOTAS," he added.

BOTAS, whose capital belongs to Turkey’s Undersecretariat of Treasury and is a related institution of the Ministry of Energy and Natural Resources, operates in crude oil transportation, as well as transportation, distribution, import, storage, marketing, trade and export of natural gas.

By Hale Turkes

Anadolu Agency

energy@aa.com.tr






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15.10.2019 Natural Gas , Downstream , Energy Security , Turkey , General

Spot market natural gas prices for Tuesday, Sept 10

-1,000 cubic meters of natural gas in spot market cost 1,466.09 Turkish liras on Tuesday
12.09.2019 Downstream , Stock Market , Turkey

Gas vehicles are cheaper, cleaner, better: Gazprom

- Natural gas as fuel alternative is accessible globally and very cheap compared to traditional fuel, says Gazprom official
07.09.2019 Natural Gas , Downstream , Lng/Lpg , Turkey , Eurasia , Asia , General

Turkey hits LNG import record in 1H19, US LNG soars

- As Turkey's pipe gas imports drop, LNG reaches record high and US LNG raises market share, EMRA data shows
05.09.2019 Downstream , Lng/Lpg , Energy Diplomacy , Turkey , General

Turkey's natural gas imports down 8.7% in June

- Total natural gas consumption decreases year-on-year by 19.6% in June
29.08.2019 Downstream , Lng/Lpg , Turkey , General

Turkey's natural gas imports down 10.9% in May

- Total natural gas consumption decreases year-on-year by 2.69% in May
29.07.2019 Downstream , Turkey , General

Shell and Aygaz receive export gas licenses from Turkey

- New licenses will see gas exporting firms increase and expected capacity rise at Kipi Export Point for exports to Greece
25.07.2019 Natural Gas , Downstream , Turkey , Europe , General

Oil prices see small increase at week beginning June 24

- Oil price rise sustained following Trump's response to Iran's downing of U.S. reconnaissance drone on Thursday
25.06.2019 Oil , Finance , Downstream , Americas , Middle East-Africa , General

Russia holds 19.8% of total global proven gas reserves

- Russia ranks first with its gas reserves, followed by Iran and Qatar, according to BP's latest report
16.06.2019 Natural Gas , Downstream , Lng/Lpg , World , Europe , General

Tupras refineries ranked biggest industry in Turkey

- Istanbul Chamber of Industry releases Turkey's 500 top industrial enterprises 2018 survey
29.05.2019 Natural Gas , Downstream , Turkey

Turkey's natural gas imports down 9% in March

- Total natural gas consumption increases year-on-year by 4.67% in March
29.05.2019 Natural Gas , Downstream , Turkey , General

Gas, renewables to replace coal for US power in summer

- While coal is forecast to provide 25% of electricity generation, natural gas is expected to provide 40% of generation
11.05.2019 Coal , Downstream , Hydro , Americas

Turkey's gas imports down 21% in February

- Total natural gas consumption decreases year-on-year by 3.68 percent in February
03.05.2019 Natural Gas , Downstream , Turkey , General

Kinder Morgan income rises 14% in first quarter of 2019

- Net income rose to $556 million in first quarter from $485 million for same period of 2018
19.04.2019 Downstream , Downstream , Projects , Americas

Turkey continues to be key in region's energy projects

- TurkStream brings mutual interdependence for Russia and Turkey, expert says
18.04.2019 Natural Gas , Downstream , Energy Diplomacy , Europe , Eurasia , Asia , General

US energy consumption reaches record level in 2018

- Higher consumption in natural gas, petroleum, renewables and nuclear offset decline in coal consumption
18.04.2019 Coal , Downstream , Hydro , Americas

Serbia to refute EU opposition to TurkStream's 2nd line

- Serbia faced 'double standards' four years ago from EU over South Stream project, says Serbian energy minister
12.04.2019 Natural Gas , Downstream , Turkey , Europe , General

US gas-fired plants surpass coal-fired capacity

- Generating capacity from gas-fired plants totals 264 gigawatts as of January, compared with 243 GW from coal-fired plants
12.04.2019 Coal , Downstream , Americas

US natural gas processing capacity shows rise 2014-2017

- 510 natural gas processing plants in Lower 48 states at end of 2017, with processing capacity of 80.8 bln. cubic feet daily
08.03.2019 Downstream , Americas

Turkey to benefit from many gas supplies & best prices

- Some of Turkey's long-term natural gas contracts, which correspond to 16 billion cubic meters, will expire in 2021
06.03.2019 Downstream , International Relations , Turkey

UAE’s ADNOC to explore oil, gas opportunities in Korea

- Company signs three framework agreements with Korean energy companies
28.02.2019 Downstream , Lng/Lpg , Upstream , Downstream , News from companies , Asia

Equinor natural gas sales increase 29 percent in 2018

- Second-largest gas supplier to Europe sells $26 billion worth of gas last year and sees further demand growth towards 2030
22.02.2019 Downstream , Invesments , Europe

Brent decreases to $61.88 at week beginning Feb. 11

- Number of oil rigs in US increased by 7 from previous week to 854 for week ending Feb. 8
11.02.2019 Oil , Finance , Downstream , Energy Diplomacy , General

Merkel defends Nord Stream 2 despite US disproval

- German Chancellor says pipeline would not make Europe fully dependent on Russian gas
08.02.2019 Downstream , Energy Projects , Europe

US electricity mix to highly depend on gas prices: EIA

- Share of natural gas in US electricity generation is estimated to reach 40 percent by 2032, from 34 percent in 2018
07.02.2019 Coal , Downstream , Americas

Renewables & gas to lead new US power capacity in 2019

- Capacity additions comprise mostly of wind with 46 percent share of total and natural gas with 34 percent
12.01.2019 Downstream , Wind , Americas

Massive ship-to-ship LNG transfer starts in Turkey

- Al Sadd LNG tanker to feed FSRU vessel docked in Turkey's mediterranean port of Dortyol in Hatay province
03.01.2019 Natural Gas , Downstream , Lng/Lpg , Turkey , General

Brent oil trades above $61 for week ending Dec. 14

- Oil prices gain with easing US-China trade relations and with OPEC and oil-producing allies' agreement to trim output
15.12.2018 Oil , Finance , Downstream , Americas , Middle East-Africa , General

Turkey can gain more than transit money from TurkStream

- Russian gas could support Turkey's aim to become gas pricing hub for Balkans, says Russian expert
06.12.2018 Downstream , Turkey , General

MEDREG can play 'crucial' role in Med energy sector

- Assn. of Mediterranean Energy Regulators can set up regulatory frameworks to benefit downstream investments, electricity and gas trade, new head says
02.12.2018 Downstream , Downstream , Natural Gas , Electricity , Renewable , Europe , Middle East-Africa , General

Israel-Europe sub-sea gas pipeline gets sign-off

- Israel, Greek Cypriot admin., Greece and Italy reach agreement to lay complex undersea pipeline, Israeli media reports
27.11.2018 Natural Gas , Downstream , Europe , General

Enagas & Fluxys close their stake sale of Swedegas

- Both companies concluded sale of their stakes for 1,033 million Swedish Krona (SEK) each, Enagas announces
22.11.2018 Natural Gas , Downstream , Europe , General

Jordan to receive more gas from Israel

-Israeli Tamar partners sign additional $200 million gas deal with Jordanian companies, Israeli business daily Globes reports
21.11.2018 Natural Gas , Downstream , Middle East-Africa , General

Turkey's gas imports fall by 24% in August

- Total natural gas consumption decreases by 18.4 percent in August compared to August 2017
28.10.2018 Downstream , Turkey

EU, Iran to establish mechanism to ease trade: Rouhani

- ‘Special mechanism’ for conducting commercial transactions with Iran to come online in November
01.10.2018 Downstream , Downstream , Europe , Middle East-Africa

Turkey's LPG imports fall 5.1% year on year in July

- Production decreases by 23.9 percent to nearly 98 thousand tons over same period, according to energy watchdog
27.09.2018 Downstream , Lng/Lpg , Turkey , General

Greek Cyprus, Egypt sign deal for gas pipeline project

- Pipeline is expected to export natural gas from island to northern Egypt
20.09.2018 Natural Gas , Upstream , Downstream , Middle East-Africa , General

US: Florence begins slow assault on Carolinas

- Storm downgraded to Category 2 but 'catastrophic' flooding, damage expected
14.09.2018 Downstream , Downstream , Energy Security , General

Hurricane Florence continues path to US east coast

- Washington DC, Virginia, Maryland declared states of emergencies as storm expected to hit Carolinas late Thursday
12.09.2018 Downstream , Downstream , Energy Security , Americas

Power of Siberia gas pipeline almost complete

- Gazprom completes 93 percent of Russia-China gas pipeline that is expected to cost $20 billion
08.09.2018 Downstream , Energy Security , Asia

Egypt to restart gas exports in January

- Imports will be halted in October in a move towards achieving self-sufficiency, oil minister says
18.08.2018 Finance , Downstream , Middle East-Africa

Nord Stream 2 seeks alternative route via Danish EEZ

- Nord Stream 2 AG looks for an alternative route to avoid passing through Danish territorial waters
12.08.2018 Downstream , Europe

Petrofac to work on gas storage expansion project in Turkey

-Joint venture with Turkish Standards Institution to support BOTAS North Marmara Underground Gas Storage Expansion Project
24.07.2018 Downstream , News from companies , Turkey , Europe
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