LNG (LIQUIFIED NATURAL GAS)

Woodside awards Transfield-Worley JV $700m gas services contract

WOODSIDE Energy yesterday awarded a three-year A$700 million engineering and maintenance services contract for its Australian gas assets to the Transfield Services and WorleyParsons joint venture (TW).

Woodside awards Transfield-Worley JV $700m gas services contract

In 1995, TW won the initial integrated services contract, which is due to expire at the end of this year.

From January 2006 to December 2008, TW will provide engineering, project management, procurement, construction, maintenance and shutdown services for Woodside’s Australian-owned and operated gas assets, TW said.

The three-year engineering services contract for Woodside's Australian oil assets was recently awarded to the Clough-AMEC joint venture.

The TW contract, which includes an option to extend until 2013, involves the yet-to-be developed Angel Platform, the North Rankin A and Goodwyn A platforms, Karratha LNG plant, King Bay Supply Base and the Otway gas plant facility in Victoria.

TW said more than 800 personnel would help provide the services to Woodside. It added that this number was expected to exceed 1200 people in the coming years, due to the increased scope of services for the current program and new assets.

WorleyParsons CEO John Grill said this was an important contract for the joint venture.

“With this new contract, we will be an integral part of Woodside’s increase of LNG production capacity over the next few years,” Grill said.

“This new contract continues and important relationship between Woodside, Transfield Services and WorleyParsons.

Meanwhile, Woodside chief operating officer Keith Spence said Transfield Services and WorleyParsons were chosen largely because of their significant experience in the Australian and international oil and gas sectors.

"We believe their expertise will greatly assist Woodside and the NWS venture’s growth aspirations,” Spence said.

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