Wood Group (LSE:WG.) announced this morning that it has been awarded an engineering and procurement support contract for the world’s largest semi-submersible central processing platform.
The Contract
The contract was awarded to Wood Group’s Mustang subsidiary by Samsung Heavy Industries. The processing plant, weighing in at 70,000 tonnes with a deck measuring 156 metres by 132 metres, will sit in water that is 250 metres deep approximate 200 kilometres off the coast of Western Australia. Located in the Ichthys gas field, engineers expect the project to generate 8.4 million tonnes of liquid natural gas and 1.6 million tonnes of liquid petroleum gas per year. The gas will undergo preliminary processing at the offshore plant. It will then be fed by an 889 kilometre submerge pipeline for onshore processing near Darwin, WA. Prior to this project, Wood Group provided similar expertise and services for the Thunder Horse drilling platform, which is currently the world’s largest.
Corporate Comments
Steve Knowles, President of Wood Mustang said, “We are thrilled to be participating in this record setting project. Our expertise in topsides design is unparalleled and we appreciate the opportunity to demonstrate our capabilities on this challenging design.”
Company Spotlight
Wood Group is a leader in providing engineering, procurement, construction management, facility operations, maintenance, repair, of facilities and component for the oil and gas and power generation sectors. The company’s full range of services allows them to participate at all phases from development to production support. Wood Group employs more than 41,000 people in 50 different countries.
References
↑ Official company history
↑ Official Company Report
↑ The Scotsman
↑ Official Company Information