AMEC and Clough Win Multi-million Dollar Offshore Oil and Gas Contract in the Timor Sea

abarrelfullabarrelfull wrote on 06 Dec 2012 12:15

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(6 September 2004

AMEC, the international project management and services company has teamed up with Clough, one of Australia's largest multidisciplinary engineering, construction, operations and maintenance contractors to win a multi-million dollar contract from ConocoPhillips to provide operations and maintenance services for the Bayu-Undan development, South East Asia.

The contract reinforces AMEC’s position as a leading services provider to the oil and gas industry in the region.

Over the next three years, with an option to extend a further two years, the AMEC Clough joint venture will service the production facilities at the Bayu-Undan gas and condensate field, located in the Timor Sea. The field is estimated to hold over 400 million barrels of hydrocarbon liquids and 3.4 trillion cubic feet of gas.

The facilities comprise a 14,000 tonne drilling, production and processing platform, a 11,500 tonne compression, utilities and quarters platform, a 1,400 tonne wellhead platform and a floating storage and offloading vessel.

“We are delighted to have been selected by ConocoPhillips to provide long-term services in the important Asia-Pacific oil and gas producing region,” said Neil Bruce, Managing Director of AMEC’s Oil and Gas division. “The contract demonstrates the global reach of our integrated skills and our continuing focus on delivering value for our strategic clients.”

David Singleton, Managing Director and CEO of Clough Limited, added: “I am delighted that the Clough AMEC JV and ConocoPhillips have now signed-off on the above contract. This is a significant breakthrough for Clough in terms of building its Oil & Gas operations and maintenance. In conjunction with AMEC, the team effort to secure this contract and the execution of the mobilisation phase has been excellent. A multi-national workforce is being engaged from within South East Asia with management support from Perth, Darwin and Dili, Timor-Leste”.

The contract is the latest in a series of oil and gas service-based contracts for both Clough and AMEC in the Asia-Pacific region.

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