Regional LNG: Clough AMEC awarded $100m contract extension
Wednesday, October 19 2011 - 05:27 AM WIB
The contract extension has an estimated value of AU$100 million.
Clough AMEC is an incorporated joint venture established to provide engineering, operations and maintenance services to clients in the Australasian hydrocarbons industry. The joint venture has provided operations and maintenance services to the Bayu-Undan facilities since July 2004.
?We are delighted to continue our long-term relationship with valued client ConocoPhillips on this important contract? said John Smith, Clough CEO.
Bayu-Undan consists of a floating storage and offloading facility and three fixed platforms, a remote wellhead platform, and a compression, utilities and quarters platform, which is bridge-linked to a drilling, production and processing platform.
The scope of work includes implementation engineering, work package preparation, planning, hazard assessment, coordination, offshore field services and implementation.
In addition, training and capability development in Timor Leste which is an important part of the contract, will build on the work Clough AMEC has already undertaken in the region.
The Bayu-Undan gas field was discovered in 1995. The gas condensate field has an estimated recoverable reserves of 400 million barrels condensate and LPG, and 3.4 trillion cf of natural gas. The field lies in 80 meters depth of water, 50 kilometers south of Suai, Timor-Leste, and 500 kilometers northwest of Darwin, Australia.
The reservoir gas is stripped of its liquid (LPG and condensate) which is then stored in the FPSO Liberdade. The lean gas is piped 500-km southeast to Darwin where it is processed into LNG.
ConocoPhillips is the operator of the field. Other parties that hold interest in the field are INPEX of Japan, Santos of Australia, Tokyo Electric Power and Tokyo Gas. (romel)