Dresser-Rand Wins BassGas Contract Offshore Australia

Dresser-Rand has been contracted to provide power generation equipment for the BassGas Project offshore platform located in Bass Strait, Australia.

The contract was awarded by Origin Energy through its Engineering Procurement and Construction contractor, Clough Engineering Limited and includes two Dresser-Rand KG2-3E gas turbine generator packages that will generate base-load power on the unmanned platform.

The Dresser-Rand KG2 units will be manufactured at the company's facility in Norway, and are expected to ship in June 2003.

"We are very pleased to play a role in this important project, helping the BassGas Joint Venture to provide a vital source of clean energy to Australia's south eastern States," said Olav Luraas, manager KG Product Sales at Dresser-Rand in Kongsberg.

The offshore platform will be positioned above the Yolla gas field, 147km off the Victorian coast of Australia, in Bass Strait. Origin Energy estimates that the field contains up to: 256 petajoules of sales gas, 1 million tons of liquid petroleum gas and 14 million barrels of condensate (light oil).

Completion of the offshore platform is anticipated for early 2004, with the facility coming on line in the third quarter of 2004.