Miclyn Wins Vessel Subcontract from Subsea 7 for Gorgon Project
Australia-based Miclyn Express Offshore Limited (MEO) announced that its subsidiaries Express Offshore Solutions Pte Ltd (EOS) and Samson Express Offshore Pty Ltd (Samson) have been awarded a vessel contract by Mermaid Marine Australia Limited (MMA) to provide tug and barge support for the Subsea 7 Heavy Lift & Tie-in scope of work on the Chevron-operated Gorgon Project off Western Australia.
Under the contract, valued at $25.1 million (AUD 28 million), MEO will provide a fleet of minimum 2 anchor handling tugs (AHT) and 9 barges to support the Gorgon project’s subsea installation works. All vessels involved with the works will deliver equipment to the Gorgon and Jansz-Io field’s offshore Barrow Island.
MEO will supply the 2 AHTs, Magellan I and II, and 3 barges from its fleet, with the remaining 6 barges sourced from subcontractors. The 3 MEO barges involved in the project include 2 newbuild 400 foot balastable barges built in MEO’s Batam Shipyard, Indonesia as well as a recently acquired 330 x 120 foot barge. The barge fleet will be managed by EOS, MEO’s 70 percent owned project transportation business, while the AHTs will be operated by Samson, MEO’s Australian unit. MEO will also tap on the capacity of its Batam Shipyard for the project.
The contract will commence in late 2013 and is due for completion in the 2014 calendar year.
“We are very pleased to be involved in this important Australian project. This is the third large scale Australian transportation project MEO has been awarded and we are committed to delivering on our work-scope in a safe manner, as well as supporting local opportunities,” MEO CEO Diederik De Boer said in a press release.
“We are able to leverage off our project execution expertise through EOS, our Australian operating capability through Samson, and our Batam Shipyard facility capabilities and knowledge to provide solutions for clients."
MMA clinched the $90.14 million (AUD 100 million) contract from Subsea 7 last week to provide tug and barge support for the heavy Lift and Tie-in Scope on the Gorgon Project.
The Gorgon Project is operated by an Australian subsidiary of Chevron and is a joint venture of the Australian subsidiaries of Chevron (47.3 percent), ExxonMobil (25 percent), Shell (25 percent), Osaka Gas (1.25 percent), Tokyo Gas (one percent) and Chubu Electric Power (0.417 percent).
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- Canada's Keyera Signs Pact With Chevron To Transport, Store NGL (Oct 10)
- Chevron Starts LNG Output at Australia's Wheatstone (Oct 09)
- Petrofac Extends North Sea Contract with Chevron (Oct 05)
Company: Subsea 7 more info
- Subsea 7 Shares Surge On Special Dividend, Q4 Earnings Beat (Mar 02)
- Subsea 7 Takes Delivery of New Vessels (Feb 02)
- Report: Oil, Gas Companies in Aberdeen Face Tax 'Bombshell' (Dec 19)
Company: Miclyn Express Offshore Ltd. more info
- Micyln Express Offshore Appoints Venkatraman Sheshashayee as CEO (Jun 23)
- Mermaid Maritime Extends Reach in Indonesia with Charter-in of DSV (Nov 18)
- Miclyn Express Offshore Mulls Listing on Singapore Exchange (Jun 06)