Neptune Nabs Support Services Gig for Gorgon LNG Project
Neptune Marine Services has been contracted to provide diving, survey and vessel support services on Chevron Australia's Gorgon LNG project in Western Australia. Valued at more than $5 million , the comprehensive work scope which forms part of the 'Gorgon Initial Works' program awarded to Marine & Civil Construction Pty Ltd includes:
- Installation of piping and the offshore pump station associated with the temporary desalination plant at Barrow Island.
- Diving support for the construction of a new supply barge facility.
And the provision of:
- Construction support (third party) and dive support (Neptune) vessels and associated crews.
- Offshore diving systems and associated personnel.
- Hydrographic/marine survey equipment and associated personnel.
- An offshore construction supervisor to oversee operations onboard the Marine & Civil construction barge.
Neptune's Managing Director and CEO, Christian Lange, said the initial scope of work was very encouraging and offered the potential for further opportunities on what is Australia's largest resources development project. "Neptune is delighted to be involved with the Gorgon project and we see significant opportunity to expand our role as the project progresses," he said. "Our participation in Gorgon further illustrates the tangible benefits accruing from our strategy of providing a broad range of engineering and offshore services. It also highlights the fact that our customers are recognising the value of Neptune's unique multi service offering.
"The broad range of works we are initially providing bodes well for Neptune's involvement in the numerous LNG projects that are earmarked for development in Australia between 2010 and 2012. Our recently announced project with Qatargas is indicative of the strong presence that we are forging in the LNG market."
Mr. Lange said activity in all key offshore markets continued to improve and, in line with this, Neptune was maintaining a strong pipeline of bidding opportunities as well as a range of other growth prospects that were actively being pursued.
Work on the Gorgon project will commence in January 2010 and will contribute to revenue and earnings in the second half of FY2010.
- Blockchain Demands Attention in Oil and Gas
- Macquarie Sees USA Oil Production Exiting 2024 at 14MM Barrels Per Day
- CNPC Opens Sea-Land Oil Storage and Transport Facility in Bangladesh
- Oman Sees Increasing Ship-to-Ship Transfers of Russian Oil Bound for India
- US Govt Makes Record Investment of $6B for Industrial Decarbonization
- Perenco Still Searching for Missing Person After Platform Incident
- Eni, Fincantieri, RINA Ink Deal on Maritime Decarbonization
- Oil Falls as US Inventories Increase
- Czech Utility CEZ Bucks Weaker Prices, Demand to Log Record Annual Profit
- Ithaca Energy Studies Deal for Eni's UK Upstream Assets
- Equinor Makes Discovery in North Sea
- Standard Chartered Reiterates $94 Brent Call
- India Halts Russia Oil Supplies From Sanctioned Tanker Giant
- DOI Announces Proposal for Second GOM Offshore Wind Auction
- Centcom, Dryad Outline Recent Moves Around Red Sea Region
- PetroChina Set to Receive Venezuelan Oil
- Czech Conglomerate to Buy Major Stake in Gasnet for $917MM
- US DOE Offers $44MM in Funding to Boost Clean Power Distribution
- Oil Settles Lower as Stronger Dollar Offsets Tighter Market
- UK Grid Operator Receives Aid to Advance Rural Decarbonization
- Chinese Mega Company Makes Major Oilfield Discovery
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Another Major Oilfield Discovery
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- Vessel Sinks in Red Sea After Missile Strike
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension
- Equinor Makes Discovery in North Sea
- Standard Chartered Reiterates $94 Brent Call