Page 15 - LatAmOil Week 32

LatAmOil BRAZIL LatAmOil

Payara will be the third development project at Stabroek (Image: Hess)
The vessel will be able to handle the equivalent Together, GNA-I and GNA-II will produce
of 21mn cubic metres per day of natural gas, and enough electricity to supply up to 14mn house-
then transfer the gas to GNA’s existing generat- holds in Brazil. Both of the TPPs are being built
ing units, which have a combined capacity of by Siemens.
3,000 MW. The complex’s generating capacity will rise
GNA-I has a capacity of 1,300 MW, while to 6,400 MW after GNA-III and GNA-IV are
GNA-II has a capacity of 1,700 MW.) finished. ™

ARGENTINA
Russia, Argentina moving ahead

with joint pipe production plan

RUSSIA and Argentina are moving forward Italy’s Rizzani de Eccher as their engineer-
with plans for joint production of steel pipes for ing, procurement and construction (EPC)
oil and gas projects, according to an Argentinian contractor.
diplomat. According to previous reports, Severstal and
Ricardo Lagorio, Argentina’s ambassador to Tenaris revealed plans to team up for a pipe pro-
Moscow, told the Sputnik news agency earlier duction scheme in February 2019. The parties
this week that Tenaris, an international com- have set up a joint venture for this purpose, with
pany that was founded in Argentina, and Rus- the Russian company taking a 51% stake and its
sia’s Severstal were working together to build a partner retaining the other 49%. They will invest
new welded pipe plant in Western Siberia. The $240mn in the project.
facility is slated to begin production next year,
he said.
“Tenaris and Severstal will build a welded
pipe plant to produce Oil Country Tubular
Goods pipe products in Siberia’s Surgut area …
The plant will launch production in 2021, but
will reach full capacity in 2024,” Lagorio said in
an interview.
He did not give a specific date or reveal the
facility’s initial production capacity. Tenaris had
said last year that the plant would take two years
to build and would eventually be able to turn out
300,000 tonnes per year (tpy) of pipes, enough to
cover 15-20% of total demand in Russia.
The companies began levelling the site of
the facility in November 2019 and have named Petronas will use the Maersk Developer at Block 52 (Photo: Maersk Drilling)

Week 32 13•August•2020 www. NEWSBASE .com P15