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pumps to be used for these applications, but then HHI
                                                        revised the process and decided that a mix of centrifugal
                                                        and screw-pump technologies would be required. This
                                                        decision had been extremely beneficial for Finder since
                                                        there was just one other company that was bidding on
                                                        the project that could supply both centrifugal and
                                                        screw-pump technology.
                                                        Finder could also leverage the successful past history
                                                        with HHI. In particular, Finder had supplied large
                                                        numbers of pumps for a series of floating production,
                                                        storage and offloading (FPSO) units for use in oil
                                                        exploration that were being constructed by HHI’s
                                                        Offshore & Engineering Division, including:
                                                        •	 48 pumps for Eni Norge / Statoil’s Goliat FPSO in

                                                              Norway in 2010;
                                                        •	 17 pumps for Total’s Ofon FPSO in Nigeria in

                                                              2010;
                                                        •	 24 pumps for PTT Exploration and Production’s

                                                              Bongkot FPSO in Thailand in 2009;
                                                        •	 27 pumps for Total’s Usan FPSO in Nigeria in

                                                              2009.

                                                        Jeddah South and Shuqaiq
                                                        Thermal Power Plants

                                                        Because of this past history and Finder’s ability to meet

                                                        all technical requirements, along with HHI’s need of

                                                        flexibility regarding pump supply, cost and delivery, in

                                                        June 2013 it announced that Finder had secured the

In the last quarter of 2012, Saudi Electricity          contract to supply a total of 99 pumps with value of 11
      Company (SEC) announced that it had contracted    million euros for the Jeddah South Thermal Power
      with Hyundai Heavy Industries (HHI) to build the  Plant. This made it the largest pump order that Finder
      Jeddah South Thermal Power                        had ever received.
      Plant near the town of Jeddah on                  HHI then won, in August 2013, a contract worth 3.4

                                                                          billion US dollars again from SEC to
                                                                          build Shuqaiq Thermal Power Plant in

      the country’s Red Sea coast. The        Finder could also       Saudi Arabia.
project, worth 2.4 billion euros, will be  leverage the successful    The Shuqaiq Thermal Power Plant, that
completed in early 2017 and will be the     past history with HHI.    will be generating 2640 MW, is a heavy
Saudi Arabia’s largest thermal power       In particular, Finder had  oil-fired supercritical pressure power
plant, with four 660 MW steam              supplied large numbers     project based on the SEC’s medium-
turbines, therefore producing 2640          of pumps for a series     and long-term plan to expand power
MW of electricity. The plant will feature  of floating production,    generation facilities. The plant, located
a highly efficient, fuel-saving            storage and offloading     on the Red Sea, about 135 km north of
supercritical pressure boiler, which will                             Jizan City, in the southwest corner of
be the first of its kind to be used in        (FPSO) units in oil     Saudi Arabia, is scheduled to be built
Saudi Arabia.                                    exploration          by 2017.

Finder Pompe has been bidding for                                     Also in this case, Finder has been

this project since the budgetary phase,                               awarded a quite big order consisting

back in January 2013. One of the requirements for of 76 API 610 and ISO centrifugal pumps.

pumps was the capability to convey several different Unfortunately, in this case part of the process has

types of medium, including heavy fuel and crude oil, been changed compared to Jeddah project and it

distillate fuel oil, boiler water, seawater, oil, oily water, allowed the use of triple screw pumps, that are not

rainwater and chemical water.                           included in Finder’s portfolio. The pumps will be

The original project specs called only for centrifugal delivered in the second half of 2015.

                                                                                              Industrial Plants - May 2015

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