Major projects highlight industry’s bright future

THE Australasian Oil and Gas Convention was a hub of good news for major industry participants, including GE Oil and Gas’s announcement of its award of a US$150 million contract to supply subsea equipment for the Julimar Development Project. When operational, Julimar, a joint venture by Apache Energy and Kuwait Foreign Petroleum Exploration Company, will supply raw gas from the Julimar and Brunello gas fields to Chevron’s Wheatstone project. According to a media release, to date GE’s contract represents the largest subsea agreement ever awarded by Apache in Australia. GE will be responsible for project management, engineering and procurement of the subsea equipment for the Julimar project.
“We were looking for an equipment supplier that could meet the specific challenges of this important project, including the demands of our tight schedule. With its technology expertise and broad experience in the LNG sector, GE met our requirements,” Apache Energy deputy managing director and director of projects in the Australia region Warren Ford said. According to a media release by GE Oil and Gas, equipment for Julimar includes subsea manifolds, well systems and fully integrated subsea and topside control systems. Shipments will begin in June 2013 with installation starting in the fourth quarter of that year.
“Field conditions for the Julimar project dictate the use of large-bore equipment with high pressure and temperature requirements,” GE Oil and Gas regional leader for Australia David Leslie said. “We are able to supply the right technology to meet those standards while also taking advantage of our local presence and global experience.”
Meanwhile, Logicamms, Leighton Contractors and Downer EDI have all been awarded contracts for various project works around Australia. LogiCamms was awarded a four year, immediate start $8 million maintenance contract with Chevron Australia to provide maintenance engineering services including building asset registers and developing maintenance tactics to the Chevron-operated Gorgon project.
“The award of the Gorgon project Maintenance Engineering Services contract by Chevron, a tier one global player in the energy industry, is a result of our commitment to developing an asset management service that responds to market demands,” LogiCamms managing director Steve Banning said. Leighton Contractors has received an $84 million contract to build a temporary workers accommodation village for th Australia Pacifi c LNG Project on Curtis Island, in Gladstone in Queensland. The accommodation village is set to house 2600 workers and is due for completion in 2013. Downer EDI has announced that it has secured multiple contracts, with a total value over $425 million, in Queensland, Victoria and WA. The projects include electrical and instrumentation work for Gindalbie Metals at the Karara iron ore processing plant in Geraldton, WA, as well as installation of accommodation and process modules for Origin Energy on the Yolla offshore platform in Bass Strait. Chief executive offi cer Grant Fenn said the project awards strengthened the company’s work pipeline and highlighted the large number of opportunities available in the Australian oil and gas sector.

One Response to Major projects highlight industry’s bright future

  1. Ediane

    March 22, 2012 at 4:15 am

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