ABB wins another $30 million oil and gas order in Australia 08 April 2013

ABB has been appointed the main electrical contractor (MEC) for a new floating production, storage and offloading (FPSO) vessel at the Ichthys oil and gas field in the Timor Sea off Western Australia.

The order is worth $30 million and was awarded by the engineering, procurement and construction (EPC) contractor for the FPSO, Daewoo Shipbuilding & Marine Engineering.

This is the third major contract ABB has been awarded for the Ichthys oil and gas project.

Recently ABB was awarded a $15 million order by Samsung Heavy Industries to be the MEC for the Ichthys central processing facility, which, when completed will be the largest offshore production facility in the world.

And in 2012 ABB won orders worth $80 million to supply power technologies and medium voltage drive systems for a new onshore liquefied natural gas plant, to which the gas from the Ichthys field will be transported by pipeline for processing.

Ichthys is the second largest oil and gas project in Australia's history. When production starts in 2016, Ichthys will have an initial production capacity of 8.4 million metric tons of LNG (liquefied natural gas) and 1.6 million metric tons of LPG (liquefied petroleum gas) a year, as well as about 100,000 barrels of condensate a day at peak.

The $32 billion project is a joint venture between Japan-based Inpex Corporation and Total E&P Australia.

Brian Tinham

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