ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

WG. Wood Group (john) Plc

147.00
-1.00 (-0.68%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Wood Group (john) Plc LSE:WG. London Ordinary Share GB00B5N0P849 ORD 4 2/7P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.00 -0.68% 147.00 147.40 147.90 149.50 144.60 144.60 1,924,201 16:35:18
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Engineering Services 5.9B 464M 0.6707 2.20 1.02B

Wood Group Mustang awarded topsides contract

30/04/2012 7:00am

UK Regulatory



 
TIDMWG. 
 
Wood Group Mustang awarded topsides engineering for world's largest 
semi-submersible production facility 
 
HOUSTON, April 30, 2012 - Wood Group Mustang has been awarded the topsides 
detailed engineering and procurement support for the semi-submersible central 
processing facility (CPF) in the Ichthys field development. The contract was 
awarded by Samsung Heavy Industries Co. Ltd., the EPC contractor for the CPF. 
The project, located off the northwest coast of Australia, in 250 meters of 
water, will be operated by INPEX. 
 
The topsides facility will weigh approximately 70,000 (60,000 dry) tonnes with 
a topside deck footprint of 156m x 132m (514ft x 434ft), making it the world's 
largest semi-submersible CPF. It will be designed for a peak gas export rate of 
1,657MMscfd as well as liquids transfer to the floating production storage and 
offloading (FPSO) vessel for condensate production of approximately 85,000 bpd. 
 
The semi-submersible platform is a core component of the Ichthys liquefied 
natural gas (LNG) project. The Ichthys LNG Project is a joint venture between 
INPEX (76%, the operator) and Total (24%). Gas from the Ichthys Field, in the 
Browse Basin approximately 200 kilometres offshore of Western Australia, will 
undergo preliminary processing offshore to remove water and extract condensate. 
The gas will then be exported to onshore processing facilities in Darwin via an 
889km subsea pipeline. The Ichthys LNG Project is expected to produce 8.4 
million tonnes of LNG and 1.6 million tonnes of LPG per annum, along with 
approximately 100,000 barrels of condensate per day at peak. 
 
Wood Group Mustang also provided the topsides engineering and design for the 
Thunder Horse production and drilling platform, which is currently the world's 
largest semi-submersible production facility. 
 
"We are thrilled to be participating in this record-setting project," said 
Steve Knowles, Mustang president. "Our expertise in topsides design is 
unparalleled and we appreciate the opportunity to demonstrate our capabilities 
on this challenging design." 
 
Detailed engineering is scheduled to be completed in the 3rd quarter of 2013 
and first production is expected by the end of 2016. 
 
-ends- 
 
Wood Group Mustang, which comprises Mustang, Alliance Engineering, IMV Projects 
and Energeticos, is a global project management, engineering, procurement, and 
construction operations business serving the upstream oil & gas, refining & 
chemicals, pipeline, automation & control, and industrial markets. It has 
offices in the United States, Latin America, Canada, United Kingdom, India, 
Malaysia, North Africa and the Middle East. For more information, visit 
www.mustangeng.com 
 
Wood Group is an international energy services company with $6bn sales, 
employing more than 41,000 people worldwide and operating in 50 countries. The 
Group has three businesses - Engineering, Wood Group PSN and Wood Group GTS - 
providing a range of engineering, production support, maintenance management 
and industrial gas turbine overhaul and repair services to the oil & gas and 
power generation industries worldwide. www.woodgroup.com 
 
BP's Thunder Horse platform is currently the world's largest production and 
drilling semi-submersible structure, with a throughput of 250,000 BPD oil. 
Located in 6,300ft of water in the Gulf of Mexico, it has a deck footprint of 
447ft x 367ft. 
 
For further information contact: 
 
Dena Lee, Manager, Marketing Communications, Wood Group Mustang 
 
Tel: +1 713 215 8315, email: dena.lee@mustangeng.com 
 
Carolyn Smith, Director, Corporate Communications - Eastern Hemisphere, Wood 
Group 
 
Tel: +44 1224 851099, email: carolyn.smith@woodgroup.com 
 
Bobbie Ireland, Director, Corporate Communications - Americas, Wood Group 
 
Tel: +1 281 828-3505, email: bobbie.ireland@woodgroup.com 
 
 
 
END 
 

1 Year Wood Group (john) Chart

1 Year Wood Group (john) Chart

1 Month Wood Group (john) Chart

1 Month Wood Group (john) Chart

Your Recent History

Delayed Upgrade Clock