Posts Tagged ‘LNG Project’

ASX Company News: E & A Limited Secures $3.8 million Engineering Contract

Wednesday, November 28th, 2012

E & A Limited (EAL) is pleased to announce that its wholly owned subsidiary Ottoway Engineering Pty Ltd has been awarded an initial $3.8 million contract to provide mechanical, structural and piping fabrication services for Thiess on the QCLNG Upstream 6+1 RUBY JO Project. Ottoway expects that the value of this contract to increase to $6 million as a consequence of associated works. Ottoway will be responsible for Fabrication, Welding, NDT, Hydro testing, Painting and delivery to site of all piping for the RUBY JO CPP. Fabrication work is expected to continue through to April 2013. The Project works will be split between Ottoway’s Dalby and Adelaide Workshops and will employ approximately 35 Ottoway personnel per week.

The Executive Chairman of EAL, Mr Young, advised at EAL’s recent AGM that he was hopeful of announcing a number of major contract wins in the near future in relation to Ottoway. Mr Young said that Ottoway was excited to be increasing its involvement in the South East Queensland LNG opportunities and that Ottoway looked forward to developing its working relationship with Thiess on this Project and was committed to delivering the contract works on time, on budget and in accordance with specification.

www.ealimited.com.au

 

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ASX Company News: Leighton Secures JKC Australia LNG Project Contract

Wednesday, October 24th, 2012

Leighton Contractors (LEI) has been awarded a $126 million Engineer, Procure and Construct (EPC) contract by JKC Australia LNG Pty Ltd for one of the building packages at the Ichthys LNG Project’s Onshore Facilities Operations Complex at Blaydin Point, Darwin, Northern Territory. This is the second package of work to be delivered by Leighton Contractors to support JKC Australia LNG Pty Ltd in the delivery of the facilities on behalf of the Ichthys Joint Venture (The Ichthys Project is operated by INPEX in joint venture with major participant Total and Tokyo Gas, Osaka Gas and Toho Gas). The works package includes a 12 month design and procurement period, followed by a 21 month construction period to deliver an Operations Complex area including operations office, central control building and fire station, training and canteen facility, warehouses, workshops laboratory, guardhouse and associated infrastructure.

Craig Laslett, Managing Director at Leighton Contractors, said Leighton Contractors is immensely proud to continue working with JKC to deliver building works which are instrumental in the onshore LNG facilities. “To be awarded another package on this major project demonstrates our expertise in delivering construction packages in the oil and gas sector,” Mr Laslett said. “We have been working in the Northern Territory for some time and we are looking forward to continuing our strong working relationship with JKC to deliver works packages within the Ichthys LNG Project’s Onshore Facilities.”

Leighton Contractors, a wholly-owned subsidiary of Leighton Holdings Limited, is one of Australia’s leading contracting and project development groups, with over $11.6 billion work in hand and employing more than 12,000 people across Australia, New Zealand, Papua New Guinea and Botswana in Africa. The company delivers projects for clients across the infrastructure, mining, telecommunications, civil construction, industrial, energy, health and services sectors. Leighton Contractors offers world class capability in the oil and gas sector.

www.leighton.com.au

 

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ASX Company News: Woodside Ready To Produce Gas From Pluto

Friday, March 23rd, 2012

Woodside’s Pluto LNG Project in Western Australia has reached ready for start up (RFSU) status and first gas has entered the processing train late this afternoon.

Woodside CEO Peter Coleman said the achievement of RFSU was an important milestone for the project. “This milestone is a credit to all those involved in the construction of Pluto, which proudly takes its place as Australia’s third LNG project. Woodside operates two of these projects. “While the achievement of RFSU is a significant moment, our operations team remains focused on the path to steady-state production,” Mr Coleman said.   “Maintaining our focus on safety and integrity is a priority through this process.”

The first production of LNG will take place in the coming weeks, followed by deliveries to foundation customers and project participants Kansai Electric and Tokyo Gas.  The Pluto LNG Project is expected to contribute 17 to 21 million barrels of oil equivalent to Woodside’s 2012 production, in line with previous guidance.

In steady-state, the long-term average Pluto production is expected to contribute approximately 37 million barrels of oil equivalent to Woodside’s annual volumes.  The Greater Pluto fields are estimated to contain 5.5 trillion cubic feet of Proved plus Possible dry gas reserves and an additional 680 billion cubic feet of contingent resources.

The initial phase of the Pluto LNG Project comprises an offshore platform in 85m of water, connected to five subsea wells on the Pluto gas field. Gas will be piped through a 180 km trunkline to the onshore facility, located between the North West Shelf Project and Dampier Port on the Burrup Peninsula. Onshore infrastructure comprises a single LNG processing train with a forecast production capacity of 4.3 million tonnes a year.

www.woodside.com.au

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ASX Company News: Clough Secures $140 million LNG Project Contract

Wednesday, February 8th, 2012

Engineering and construction company Clough Limited (CLO) announced that the BAM Clough Joint Venture has received a Letter of Intent (LOI) from JGC Corporation, KBR and Chiyoda Corporation joint venture (JKC JV) for a contract valued at $A140 million. The scope of work involves the design and construction of the Ichthys LNG Project Module Offloading Facility (MOF) near Darwin, Northern Territory. The MOF will be constructed as part of the INPEX-operated Ichthys LNG facility being developed in Darwin. It is a key facility that will be used to offload modules being supplied under other subcontracts to assemble the LNG liquefaction plant. Under this LOI, expenditure is limited for BAM Clough to the commencement of engineering, procurement and planning work for the project. Construction activities for the MOF are scheduled to commence in early 2013 with MOF project completion anticipated in early 2014. At peak the MOF project will employ a workforce of 130.

Clough’s Chief Executive Officer Kevin Gallagher said “This award represents further growth in our near shore marine construction business, delivered through our long- term joint venture BAM Clough. We are delighted to further strengthen our relationship with valued partner BAM, and are excited at the prospect of delivering excellent project outcomes for the JKC JV and ultimate client INPEX.”

Established in 1919, Clough delivers an integrated Engineering, Procurement and Construction service to oil and gas and mineral resources projects primarily in Australia and South East Asia. The Group’s services range from concept development through design, construction, installation, commissioning, operations and maintenance. BAM International brings the construction and construction-related services of the Dutch based Royal BAM Group to Africa, Australia, the Middle East and Gulf States, Asia Pacific and the Americas. These services include general building, marine works, infrastructural and industrial projects.

www.clough.com.au

http://www.traderdealer.com.au/fundamentals/clo

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