POSH Wins Contract from Technip for Prelude FLNG Project in Browse Basin

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Singapore-based offshore marine services provider PACC Offshore Services Holdings Ltd. (POSH) reported Friday that its subsidiary POSH Semco Pte Ltd. has won a contract from Technip Oceania Pty Ltd. to support Royal Dutch Shell plc's Prelude floating liquefied natural gas (FLNG) facility in the Browse Basin offshore Western Australia using its semisubmersible accommodation vessel (SSAV) the "POSH Arcadia".

The 750-pax DP3 (dynamic positioning 3) POSH Arcadia will be deployed to provide accommodation support for the hook-up and commissioning phase of the Prelude FLNG Project.

This is POSH’s second contract for the Prelude FLNG Project after the POSH Terasea joint venture, comprising POSH and Terasea Pte. Ltd., was appointed in January to provide towage and positioning services for the facility.

"The contract award for the POSH Arcadia marks our second contract award for Shell's Prelude FLNG Project. We will continue our focus on ensuring that POSH Arcadia delivers its services efficiently, safely and without incident,” CEO of POSH Captain Gerald Seow said in the press release.

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