Fluor & Amec Win Enfield FPSO Contract

Fluor Corporation, as part of its alliance relationship with AMEC plc, has received a notice of award for front-end engineering and design work and related services for development of a floating oil production facility off Australia's western coast. Award value for Fluor's portion of the current work was not disclosed, but the award includes the option for an extension for Fluor and AMEC to undertake the full engineering, procurement and construction management with a total contract value of $58 million.

The Enfield floating production, storage and offloading (FPSO) facility is part of a development by Woodside Energy Ltd of its Enfield Oil Field located off the North West Cape, West Australia.

The facility - which will come on line in 2006 and will process up to 100,000 barrels of oil per day - will operate in water depths of approximately 2000 feet. It will have a storage capacity of up to one million barrels. The Enfield oil field was discovered in 1999, and the field oil reserves are assessed to be around 150 million barrels.

"We're pleased to be able to provide Woodside with the joint experience of Fluor and AMEC working on FPSO facilities," said Kirk Grimes, group executive of Fluor's Oil & Gas group.

The Enfield FPSO will be based on a tanker vessel to be constructed by Samsung Heavy Industries, of South Korea.

The project is another major milestone for the Fluor AMEC alliance, which is currently undertaking two similar FPSO contracts - Kizomba A and Kizomba B - at their Houston design office for ExxonMobil. Both Kizomba FPSOs will operate in the fast growing offshore West African oil-producing region. Fluor AMEC is also successfully undertaking a range of other long-term oil and gas projects in Korea, The Philippines and Canada.