Fluor Wins Browse Offshore FEED Contract in Australia
23 February 2011 - 1:04PM
Business Wire
Fluor Corporation (NYSE: FLR) announced today that its Fluor
Offshore Solutions unit was awarded a front-end engineering and
design (FEED) contract by Woodside for the Browse Liquefied Natural
Gas (LNG) Development. The Browse fields are located in the Browse
Basin about 425 kilometres north of Broome off the western coast of
Australia. Fluor will be responsible for FEED services for the
offshore central gas processing facility including the steel
jackets, a compression platform and a utilities accommodation
platform. Fluor has teamed with McDermott International, Inc.
(NYSE: MDR), to design the steel jackets and float-over
installation. Fluor booked the undisclosed contract services value
in the fourth quarter of 2010.
“We are excited to be involved in this significant world-class
project for Woodside and its partners. Fluor brings extensive
global experience to Woodside that will result in a cost
competitive, safe and functional facility,” said Peter Oosterveer,
president of Fluor’s Energy & Chemicals Group. “With 60 years
of local Australia engineering and construction experience, Fluor
will bring a fresh and innovative approach to offshore projects in
the region.”
“Fluor’s core values of safety, sustainable development and
contribution to the Australian offshore market align well with
Woodside and its partners’ values,” said Lee Richardson, vice
president of Fluor Offshore Solutions. “We believe that our
regional experience, together with our global leadership talent in
offshore oil and gas projects, is an excellent match-up with our
client as the Browse LNG Development moves forward.”
Fluor will staff the FEED with more than 150 offshore experts
from its Perth, Houston and Manila offices, and the FEED is
expected to be completed in late 2011. The Browse joint venture is
scheduled to take a final investment in mid-2012.
Fluor’s project scope of work is one part of the overall Browse
LNG Development that includes three tension leg platforms, a
central processing facility, more than 1,200 kilometres of subsea
pipeline infrastructure, and an onshore three-train LNG facility at
the Western Australian Government’s Browse LNG Precinct. When
completed, Woodside will process gas and condensate from three
fields in the Browse Basin. The Browse fields are estimated to
contain a combined contingent resource of 13.3 trillion cubic feet
of dry gas and 360 million barrels of condensate.
About Fluor Corporation
Fluor Corporation (NYSE: FLR) designs, builds and maintains many
of the world's most challenging and complex projects. Through its
global network of offices on six continents, the company provides
comprehensive capabilities and world-class expertise in the fields
of engineering, procurement, construction, commissioning,
operations, maintenance and project management. Headquartered in
Irving, Texas, Fluor is a FORTUNE 200 company and had revenues of
$22 billion in 2009. For more information, visit www.fluor.com.
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