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Aker Kvaerner and Clough Win Woodside Topside Floatover

CloughAker Kvaerner logoWoodside Energy in Australia has awarded the Aker Kvaerner and Clough Limited joint venture a contract for the installation of the topsides for the Angel platform. The contract value is estimated to approximately NOK 220 million, of which Aker Kvaerner's share is approximately NOK 110 million.

The Clough Aker Kvaerner Joint Venture will perform all installation engineering and construction activities related to transportation and installation of the Angel topside module, weighing approximately 7,000 tonnes. Additional work relating to the hook-up of the topside module to the pre-installed jacket will also be undertaken.

The Angel field is located on the North West Shelf of Western Australia approximately 49 kilometres east of Woodside's North Rankin Platform.

The project will commence immediately and work towards final investment decision in January 2006. Given project sanction, the topside installation is planned for late 2007 / early 2008.

Torgeir Ramstad, President of Aker Marine Contractors said, "We are delighted to be given the opportunity to repeat the success of the Bayu Undan project, where the complementary technologies, solutions and strengths of Clough and Aker Kvaerner respectively will be fully exploited. We are committed to ensuring a safe and timely execution in close cooperation with Woodside."

David Singleton, CEO and Managing Director of Clough Limited said, "It is pleasing to see the joint venture between Clough and Aker Kvaerner continues to be a successful combination. In 2003, the joint venture successfully completed the floatover of the Bayu Undan topsides.

It is exciting to continue our relationship with Woodside and we look forward to working on this important project."

The contracting entity is an equal joint venture between Clough Projects Australia Pty Ltd and Aker Marine Contractors Pty Ltd.

Find out more about:
Aker Kvaerner
Aker Marine Contractors

Clough
Woodside Energy
Angel Project

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Posted 24/11/05

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