WorleyParsons JV Wins EPCM Contract for Angel Field Platform

WorleyParsons announces that Eos, its joint venture with KBR, has been awarded the Engineering, Procurement and Construction Management contract for the Angel gas and condensate production platform by Woodside Energy, operator of the North West Shelf Venture. The contract is a key part of the development of the Angel gas field off Karratha in Western Australia.

The award follows the recent announcement by the North West Shelf Venture participant companies of their final investment decision to proceed with the A$1.6 billion investment in the Angel development.

Eos recently completed the Front-End Engineering Design (FEED) for the Angel platform which will be located in 80 meters of water; approximately 49km east of the Venture's exiting North Rankin production facility.

Hydrocarbons will be produced through a processing unit with a capacity of up to 800 million standard cubic feet of gas per day and up to 50,000 barrels of condensate per day.

The Angel platform topsides will weigh approximately 7,000 tons and the jacket substructure will weigh approximately 7,500 tons. The jacket will be secured to the seabed by eight piled foundations weighing more than 3,000 tons.

The Angel facilities are expected to be installed and fully operational by Q4 2008.

WorleyParsons Chief Executive Officer, Mr. John Grill, said:
"We are delighted to be involved in this third major offshore production platform for the North West Shelf Venture. This award further grows WorleyParsons' portfolio of large EPCM contracts and builds on the continuing strong relationship between WorleyParsons and the Venture – which includes current work on the LNG Phase V development."