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BUSINESS NEWS

 
     
 

J. Ray McDermott awarded North Rankin B Jacket

Posted: 9 April 2008

J. Ray McDermott, S. A. reported that its subsidiary PT. McDermott Indonesia (PTMI) was awarded a contract to construct the North Rankin B (NRB) Platform Substructure and Piles by Woodside Energy Limited for the North Rankin Redevelopment project.

The scope of work for this contract includes the fabrication and loadout of the 22,000MT jacket (including buoyancy tanks), 18,900MT of piles and the bridge link (approximately 100m long) to the North Rankin A Platform. Contracts of this nature are typically valued in excess of US$100 million.

"Completing the NRB substructure will be a major milestone for our Batam Island, Indonesia facility as this will be the largest jacket ever built in the Southeast Asia region," said Scott V. Cummins, Vice President and General Manager, Asia Pacific

"This award confirms our strong working relationship with Woodside. Their decision to award us this project underscores Woodside’s confidence in our ability to deliver large structural projects on time."

The North Rankin Redevelopment Project will provide additional compression to unlock low pressure reserves from the North Rankin and Perseus gas and condensate fields off Karratha, Western Australia.

The NRB project, once completed will ensure continued gas supplies to the North West Shelf Venture’s liquefied natural gas facilities.

Construction work will be performed at J. Ray’s facility on Batam Island, and is expected to begin in the fourth quarter of 2008. At the peak of construction, 1,300 people are expected to work on the project.

 

 
     

 

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