News listings

energy-pedia general news

United Kingdom flagUnited Kingdom

Europe / Caspian / CIS >>> United Kingdom

UK: InfraStrata issues Invitation to Tender for the Islandmagee gas storage project

21 Dec 2018

Photo - see caption

InfraStrata, the UK quoted company focused on the development of natural gas storage capacity, has issued an ITT (Invitation to Tender) package for its Islandmagee gas storage project in order to appoint an EPC (Engineering, Procurement and Construction) contractor for construction of the Project.  

The issuing of the ITT follows on from the recent completion of the FEED (Front End Engineering Design) and the invitation for expressions of interest in construction of phase 1 of the Project that was issued in September. The expressions of interest received have been evaluated and highlighted the following organisations who have been selected to be included within the ITT round:           

  • WSP, SNC-Lavalin, Saipem, Petrofac, Fluor, Costain

The ITT includes a package for all surface, subsurface and integration works required to develop the Project. The Project works have been split into phase 1 (two caverns) and phase 2 (six caverns) for a total of 8 caverns and therefore, it is expected that the contract will be awarded in two staged phases in line with the planned construction phases. There is no guarantee that by running this ITT process InfraStrata will find an EPC contractor with which it is able to reach mutually agreeable terms.

The date for receiving ITT returns from potential EPC contractors has been set as 28 February 2019, providing eight clear weeks to formulate responses.  InfraStrata is also in the process of finalising the ITT documents for the Owners Engineer package required to oversee the selected EPC contactor.  It is expected that package will be issued in the new year.

John Wood, Chief Executive Officer commented:

'We are happy to have released the ITT package before the end of 2018, to ensure that we receive offers back in the early part of next year.  Selecting an EPC contractor will be an important step on our road to final investment decision (FID) by the end of H1 2019.'

Further updates will be provided in due course.

Original article link

Source: InfraStrata

Bookmark and Share

A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.

Subscriber Only Deals

Current Deals

Current Upstream Deals: 277

Completed Deals

Completed Upstream Deals: 6458

Company Profiles

Current Company Profiles: 2886

Corporate Activity

Current Corporate Activity articles: 4036

Companies Looking

Current number of articles: 463

Company Sales

Current Company Sales articles:1622


Current Geostudies articles: 917

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...

energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...

energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...


Subscribe to the FREE
energy-pedia Daily Newsletter

Government of South Australia
Telos NRG
Union Jack Oil 149
Rose & Assocs 180
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans

Tel: +44(0)1727 822675