Five-year Inpex Contract Goes to LOC Australia

International marine and engineering consultancy LOC Group reported Tuesday that it has secured a contract from INPEX Operations Australia P/L.

Under the five-year agreement, LOC will provide marine warranty services (MWS) and marine assurance for the INPEX-operated Ichthys LNG development and its associated drilling operations, LOC noted in a written statement emailed to Rigzone. LOC added the contract also covers warranty review and approval for the loadout, transportation and installation activities of new field architecture.

“We are extremely pleased to have been awarded this competitively tendered contract,” remarked Alex Harrison, LOC’s energy services director for Asia Pacific. “Having supported INPEX on the Ichthys LNG development for the past seven years, we are therefore very pleased to have been awarded this additional work.”

The Ichthys LNG development is producing natural gas and condensate from the Ichthys field in the Browse Basin offshore Western Australia and transporting it via pipeline to onshore processing facilities near Darwin, Northern Territory, according to INPEX’s website. INPEX points out that Ichthys LNG integrates the entire chain of development and production: subsea, offshore, pipeline and offshore.

Companies partnering with INPEX in the Ichthys joint venture include Total and Australian units of CPC Corp. Taiwan, Tokyo Gas, Osaka Gas, Kansai Electric Power, JERA and Toho Gas.

“The contract award closely follows a number of other recent awards with oil majors and oil and gas contractors within the region, demonstrating that we remain at the forefront of the MWS and marine consulting markets in Australia and the wide Asia Pacific region with a continued improvement in market sentiment,” concluded Harrison.

To contact the author, email mveazey@rigzone.com.

Five-year Inpex Contract Goes to LOC Australia Five-year Inpex Contract Goes to LOC Australia Reviewed by Crude Oil Brokers on 13:26 Rating: 5

No comments:

Trending Oil Industry News

About Crude Oil Brokers Ltd

Crude Oil Brokers Ltd is a dedicated global crude oil buyer and seller brokering or facilitating company. We are a United Kingdom and Nigerian based firm, privately owned and devoted to the oil buying and selling brokering.

We have buyers and sellers of;

1. Nigerian Bonny Light Crude Oil, BLCO

2. D2 Diesel Fuel, JP54 Jet Fuel, Mazut etc.

3. Saudi Light Crude Oil, SLCO

4. Iraqi Light Crude Oil

If you are a buyer or seller of crude oil or other petroleum products or have mandate to buy or sell any of the above oil products, do contact us because we could be of help.

To contact Crude Oil Brokers, click here ». To learn more about Crude Oil Brokers Ltd, click here


Crude Oil Brokers

Powered by Blogger.