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.