NMDC Energy Secures $1.136 Billion EPC Contract for Taiwan Power Project

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NMDC Energy Secures $1.136 Billion EPC Contract for Taiwan Power Project
NMDC Energy Secures $1.136 Billion EPC Contract for Taiwan Power Project

NMDC Energy PJSC, an EPC service leader announced that it got awarded an EPC contract deal with Taiwan Power Company, (Taipower), concerning pipeline installation, shore approach works, and dredging services to be done as part of the Tung-Hsiao Power Plant 2nd Stage Renewal Project.
The project is valued at $1.136 billion, which will be used in the design, construction, and installment of the 111 kilometers of subsea pipeline to be laid at depths ranging between 10 to 55 meters. The pipeline will connect the two key locations, Taichung and Tung-Hsiao, on Taiwan’s west coast. The scope also includes extensive shore approach works and dredging operations, totaling approximately 6 million cubic meters.

Led by NMDC Energy and supported by NMDC Dredging & Marine, the contract highlights the company’s integrated approach to energy infrastructure. It also highlights NMDC Group’s ability to combine various engineering disciplines, ensuring seamless execution of large-scale projects.

Strategic Expansion into Taiwan and Asia

NMDC Energy sees Taiwan as a key market with strong growth potential, and this project is a major expansion step. The company views entering Taiwan as a key step to strengthen its position in Asia and drive global energy leadership.

Leveraging its multidisciplinary expertise will strengthen NMDC Energy’s footprint in Taiwan and beyond. It will also unlock new opportunities in the region and supports NMDC Group’s long-term sustainable growth goals.

Supporting Taiwan’s Clean Energy Transition

The Tung-Hsiao Power Plant 2nd Stage Renewal Project is vital to advancing Taiwan’s energy transition to cleaner sources. The project will produce 2.3 million tonnes of natural gas per year, satisfy the energy demand, and enhance Taiwan’s energy security.

This is one of the key projects in the overall strategy for Taiwan to switch to more environmentally friendly sources of energy. This project will ensure that Taiwan reaches its renewable energy targets while making improvements to its energy infrastructure and security.

Eng. Yasser Zaghloul, CEO of NMDC Group, said, “This landmark contract underscores NMDC Energy’s position as a global leader in engineering and marine solutions, while driving forward Taiwan’s energy transition ambitions. Our work in Taiwan is not merely about infrastructure; it represents a commitment to creating sustainable pathways for energy resilience in a region of strategic importance.”

He added, “This award reaffirms our dedication to delivering world-class expertise across diverse geographies and demonstrates how NMDC Group’s integrated capabilities set the benchmark for transformative, high-impact projects worldwide.”

Also read: Copenhagen Infrastructure Partners Finishes Taiwan’s Zhong Neng Offshore Wind Farm Ahead of Schedule

NMDC Group’s Proven Track Record

NMDC Group’s success in securing this high-value contract underscores its proven ability to deliver sustainable, innovative, and efficient solutions. The award reinforces NMDC’s leadership in executing complex energy EPC and marine engineering projects. Moreover, this contract strengthens NMDC’s foothold in Taiwan, where the company is actively contributing to the country’s renewable energy initiatives.

Pioneer Energy Awarded $27M DOE Grant for Emission Control and Methanol Projects

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Pioneer Energy Awarded $27M DOE Grant for Emission Control and Methanol Projects
Pioneer Energy Awarded $27M DOE Grant for Emission Control and Methanol Projects

Pioneer Energy announced that the US Department of Energy has committed four innovative projects totaling $27 million. It awarded three of them toward the innovative company’s emission-reducing, oil producing, and enhancing crude yield from 5 to 10% with groundbreaking ECT.
The fourth grant, in partnership with Emvolon, Inc., will fund a novel system for converting flare gas into methanol. These projects mark significant steps toward Pioneer Energy’s goal of reducing environmental impact while increasing operational efficiency.

Advancing Emission Control Treater Technology

Pioneer’s Emission Control Treater, or ECT, is the cutting-edge, near-zero-emission technology that will boost crude oil yield by 5-10%. ECT operates as a closed system with no routine flaring and without atmospheric storage tanks. The ECT improves separation, preventing flash gas in the crude and reducing heavy NGLs left in the gas. The system features cloud-connected automation, letting operators remotely monitor and control production, saving time and reducing field trip costs.

The ECT’s modular design allows easy resizing, optimizing capital expenditure and reducing the total cost of ownership over time.

One of the projects, which has received a $10 million award from the DOE’s Office of Fossil Energy and Carbon Management (FECM), will scale the ECT from pilot to a commercial level of 2,500 barrels per day (BPD). Bayswater Exploration & Production and Prairie Operating will deploy the ECT system in field trials in Colorado, starting in Q4 2025.

Zero-Emission Processing for Sour Crude

The DOE has awarded Pioneer a $6 million grant to adapt the ECT technology for processing sour crude oil. This project will show the system’s ability to reduce emissions while lowering sulfur levels, making crude suitable for low-sulfur markets. The demonstration will take place in partnership with Bayswater Exploration & Production.

Pioneer received a $5 million DOE grant to scale down the ECT into mini-systems for marginal wells. Diversified Energy will test the systems at its Cotton Valley Basin sites for 12 months to reduce emissions.

Also read: OCI Global to Sell Entire Methanol Business to Methanex for $2.05 Billion

A $6 million grant will help Emvolon, Inc. develop a system to convert flare gas into methanol, cutting methane emissions. The project will be demonstrated in the Eagle Ford Basin, Texas.

Pioneer Energy’s CEO Eyal Aronoff said, “We are thrilled to receive the support of the Department of Energy to help us scale and commercialize our zero emissions technology. Deploying our Emission Control Treater (ECT) will result in a substantial increase in oil revenues.

He added, “The new grants will help us demonstrate the wide applicability of the ECT including processing sour crude, and for low producing wells, while simultaneously eliminating or greatly reducing unwanted flaring.”

The projects will demonstrate ECT technology at oil well pads, with assessments on flaring and methane reductions by experts. These results will verify the effectiveness of Pioneer’s technologies in reducing environmental impacts.