Monadelphous, Jacobs secure EPC oil and gas contract

WCN Editorial Team 21 Feb 2017 OCEANIA ENERGY & UTILITIES

Australia-based Monadelphous Group, in a joint venture (JV) with Jacobs Engineering Group, has received a letter of intent (LOI) from Oil Search Limited to provide engineering, procurement and construction (EPC) services for Oil Search’s oil and gas production facilities in Papua New Guinea [pictured].

The scope of the five-year contract will also include the provision of a wide range of brownfield project services, including engineering, procurement, civil, mechanical and electrical works on pipelines, utilities, facilities and supporting infrastructure.

Monadelphous’ managing director Rob Velletri said: “The proposed contract represents a new chapter in our relationship with Oil Search, moving towards the provision of end-to-end brownfield project delivery in joint venture with Jacobs.

“It also reflects our position as a leading maintenance and brownfield project service provider in PNG with a strong safety record and local content strategy.”

Works are scheduled to begin in the second quarter of 2017. The contract is valued at about $50M per annum.

With 11 websites and newsletters covering all the key areas within the construction industry, World Construction Industry Network is the leading global construction information resource. READ ABOUT US
PRIVACY POLICY

STAY IN TOUCH!

LATEST TWEETS

World Construction Network | www.worldconstructionnetwork.com is a product of GlobalData. Copyright © 2019 GlobalData. All rights reserved.